Marine
Our Sectors
Marine

GSD Holding realizes its shipping operations through Cano Maritime Limited, Hako Maritime Limited under 77.96% owned subsidiary GSD Denizcilik Gayrimenkul İnşaat Sanayi ve Ticaret A.Ş. and Mila Maritime Limited, Zeyno Maritime Limited,  Dodo Maritime Limited, Neco Maritime Limited under 100% owned subsidiary GSD Shipping B.V.

GSD Denizcilik Gayrimenkul İnşaat Sanayi ve Ticaret A.Ş. continues its operations in the field of international maritime transporting with its investments in dry cargo ships since 2011. GSD Denizcilik is the first and only public shipping company in Turkey and focuses on investing in and operation of modern ECO-type vessels. GSD Denizcilik manages 6 vessels (Cano, Dodo, Hako, Zeyno, Neco and Mila) in the fleet.

GSD Shipping B.V. is established as 100% subsidiary of GSD Holding in the Netherlands in October 2016. With a capital of USD 40 million, it operates as a strong capital shipping company.

As of 30 June 2019, 100% capitals of Cano Maritime Limited,  Hako Maritime Limited are owned by GSD Denizcilik and 100% capitals of Mila Maritime Limited, Zeyno Maritime Limited, Dodo Maritime Limited, Neco Maritime Limited are owned by GSD Shipping B.V.

Marine operations completed the second quarter of 2019 with total assets TL 752.5 million,  total comprehensive income TL 27.3 million and revenue TL 55.7 million.