Berlian Laju Tanker’s Going Concern: A Contrast to Pan Union

The troubled shipping company Berlian Laju Tanker (BLTA) has just released its January-September 2014 results. While gross profit improved 13.8%, the Company posted net loss of US$43 million due to huge financial costs. Needs a miracle to see the Company, whose owner was crowned Entrepreneur of The Year by Ernst & Young a decade ago, sailing out of the troubles.To subscribe please click here