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KDM in reverse
Ukraine's KDM Shipping has fallen to a loss in the first half as revenue dropped.
The bulker and general cargoship company said it posted a deficit of $6.54m for January-June, from a profit of $3.9m in the same period of 2013.
The Warsaw-listed owner added that revenue fell by 5.4% to $11.45m.
KDM president Kostiantyn Molodkovets owns 78.5% of the company.