Dong Do Marine Joint Stock Company

Dong Do Marine Joint Stock Company

UUPCOM:DDM
1,200.00
VND
0.00
(0.00%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Luan Duy Nguyen
Full Time Employees
40
Sector
Transportation
Industry
Marine shipping
Address
Ha Noi Vietnam
IPO Date
Dec 15, 2014
Business
Dong Do Marine Joint Stock Company is a Vietnam-based maritime transportation and logistics company engaged in domestic coastal and international ocean freight operations. Founded in 1985 and headquartered in Hanoi, Vietnam, the company operates as an affiliate of the state-owned Vietnam Maritime Corporation (VIMC) and trades on the UPCoM exchange under the ticker DDM. The company provides a diversified suite of maritime services across Southeast Asia, East Asia, and the wider Asia-Pacific region, organizing its business into maritime transport, vessel technical management, crew manning, logistics agency, and commercial property leasing. Its primary products and service offerings include: ocean shipping of dry bulk cargo, general breakbulk, and agricultural commodities; containerized freight transport and feeder services; vessel time chartering and voyage chartering operations; technical ship management, vessel maintenance, dry-docking supervision, and marine engineering consultancy; maritime human resources solutions, including the recruitment, training, and placement of certified marine officers and crew members for domestic and international shipowners; port agency, shipping brokerage, customs clearance, and freight forwarding logistics; and commercial office leasing and facility management. In recent developments, Dong Do Marine has undertaken strategic, financial, and operational restructuring under VIMC's comprehensive portfolio realignment and capital divestment program. To mitigate the impact of volatile global freight rates, geopolitical disruptions, and an aging fleet, the company has implemented vessel efficiency optimization measures, streamlined operational costs, and shifted strategic focus toward expanding asset-light, higher-margin maritime support operations, including third-party crew manning, ship agency, and technical vessel management services. Furthermore, the company has executed corporate governance adjustments, including the realignment of capital representatives and executive appointments, to strengthen compliance and improve operational sustainability.