Chinese tanker giant a step closer to delisting

China's second-largest tanker carrier Nanjing Tanker is now headed toward a deficit for the third year in a row, which means an exit from the Shanghai Stock Exchange.
BY OLE ANDERSEN

China's second-largest tanker carrier Nanjing Tanker is one step closer to a forced delisting from the Shanghai Stock Exchange. The shipping company expects another deficit in the 3rd quarter 2013.

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