Business Desk :
Mobile Jamuna Bangladesh is going to purchase another oil tanker ship to increase capacity of oil handling and give the vessels on rent to others.
The listed lubricant seller, formerly known as Mobil Jamuna Lubricants Limited, is the joint venture of state-owned Jamuna Oil Company and EC Securities Limited (a subsidiary of the East Coast Group).
The company on Thursday disclosed that its board of directors decided to purchase an AFRAMAX Oil Tanker at an agreed price of $29.75 million and an additional $976,000 for bunkers, lubricants, registration and other costs.
Preferring anonymity, a top official of the company said it has one oil tanker right now. As the sales of the company are rising, it has decided to buy another one, he said.
