Zhao Huxiang said Nanjing Tanker would be suspended from the Shanghai stock exchange this year if it reported a net loss for 2012, which would be its third consecutive negative result.
- Tue
- May 21, 2013
- Updated: 7:11pm
Trending topics
Senior executives from Sinotrans Shipping are likely to start negotiations with shipyards later this year for orders of new dry cargo ships to boost its fleet of more fuel-efficient and...
Sinotrans is consolidating more than 4 billion yuan (HK$4.89 billion) worth of assets in its parent company to cut costs as the economic outlook deteriorates.
Freight forwarder Sinotrans could get a further injection of logistics-related assets from parent company Sinotrans & CSC by 2014 in a move that would shift all its logistics operations into...
Sinotrans Shipping expected its gross profit margin to fall this year as volatile market demand and expansion of its global fleet continued to impose pressure on the company.
Anglo-Eastern Group, one of the world's biggest ship management companies, is targeting growth of 14 to 15 per cent a year on the back of rising interest by mainland firms to use professional...
Sinotrans Shipping, which posted a steep drop in profit and revenue for the first half, said it was optimistic about the dry-bulk shipping market for this year and next but feared significant...
Sinotrans, the country's largest freight forwarder, says it will buy one or two private express courier firms on the mainland to help narrow losses in its domestic division.
Sinotrans, the country's largest freight forwarding company, plans to invest 10 billion yuan (HK$11.05 billion) in the next three years to strengthen its logistics business.
After a dismal trading debut, shipper anchors hopes on surging demand
Management at mainland dry bulk carrier Sinotrans Shipping is putting on a brave face after the disappointing...
Sinotrans Shipping has attracted 243 times oversubscription for the retail portion of its initial public offering, tying up about HK$280 billion, according to market sources.
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