Ukraine's Danube Shipping Company Plagued by Decades-Long Corruption, Mismanagement
Ukraine's state-owned Danube Shipping Company (UDP) has suffered significant losses and market share decline due to persistent corruption and mismanagement, despite the Danube River becoming a key export route. A supervisory board member cited a 62% freight division collapse and a drop in market share from 3.11% to 1.1% between 2020-2024.







