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30/12/2013at 13:29

Chinese shipowner buys 20 tankers

As part of an attempt to restructure the company, struggling Chinese tanker carrier Nanjing Tankers has purchased 10 VLCC's and 10 MR product tankers.
Photo: Hamburg Süd
Photo: Hamburg Süd
BY JØRGEN RUDBECK

China's second-largest tank carrier Nanjing Tankers, which suffered a negative result on the bottom line for the third year running, and which looks very likely to be de-listed from the Shanghai Stock Exchange, has performed a unusual move in its attempts to restructure the company.

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