Shanghai: Following the announcement of an RMB1.24bn loss in 2012 and the trading suspension of its shares, Nanjing Tanker, the financially troubled subsidiary of CSC Sinotrans released a letter to the investors regarding the future operations of the company.
Nanjing Tanker said it planned to greatly optimize its operating structure, promote time charter business and enhance its capability in high-end chemicals shipping.
It also plans to adopt multiple financing measures including equity financing, debt financing and asset disposal. The board has agreed to put three MR tankers, two LPG carriers and four asphalt carriers on sale.
In the meantime, the company is also making effort to get policy support from the government. [02/05/13]
