30/01/2014at 13:20

Hong Kong carrier facing giant deficit

China Shipping Development expects a giant deficit of USD 380 million on tank and dry bulk, ahead of the company's publication of its annual report 2013.

BY JØRGEN RUDBECK

China Shipping Development - the tank and dry bulk division of carrier China Shipping Group - has informed the Hong Kong Stock Exchange that the deficit from the fiscal year 2013 will amount to approx. USD 380 million, according to Lloyd's List.

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