2 coastal tankers to be added to Padma Oil, Jamuna Oil

New Western Marine Shipyard (NWMS) will build two oil tankers of 1200 and 1500 dead weight tonnage (DWT) for coastal use at a cost of Tk 170 million under local bank financing The tankers will be added to the fleet of Padma Oil Company and Jamuna Oil Company, two subsidiaries of the state-owned Bangladesh Petroleum Corporation.
New Western Marine Shipyard Ltd and Coastal Gas Ltd signed a contract in this connection at the head office of NWMS in Chittagong today.
Western Marine chairman Saiful Islam said more vessels are required to cope with the increasing demand for fuel supply within the country. The two vessels are expected to play a significant role in the national economy by carrying fuel safely and cost-effectively to various fuel-generated production sites.
Both the vessels are designed with the length of 57.0 metres with loaded draft of 4.0 metres and will be built under the supervision of Germanischer Lloyd, Bureau Veritus and class NKK. They will be delivered by the end of 2011, shipyard officials said.