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Tankers and Gas China

Nanjing Tanker’s profits crash as demand slips

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NANJING Tanker, a crude oil and petrochemical shipping subsidiary of state-owned China Changjang National Shipping (Group), has posted a profit warning, saying net profit for 2009 will slump by more than 90% as a result of decreasing demand in oil transportation.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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