An ocean-going Aframax oil tanker financed by BRAC Bank — the largest newly built vessel registered under the Bangladeshi flag—is set to embark on its maiden voyage.
Named MT Omera Liberty, the tanker is owned by MJL Bangladesh PLC, a concern of East Coast Group. Measuring 250 metres in length, the vessel has a carrying capacity of up to 115,000 tonnes of fuel oil and is scheduled to commence its maiden journey on March 31, 2026 as stated in the Press Release.
The commissioning ceremony took place on March 25, 2026, at Daehan Shipbuilding in South Korea. The event was attended by Azam J. Chowdhury, Chairman of East Coast Group; David Kim, Chairman of Daehan Shipbuilding; H.E. Toufiqul Islam, Honorable Ambassador of Bangladesh to South Korea; and Captain Minhazur Reza Chowdhury, Chief Executive Officer of MJL Shipping. Representing BRAC Bank, Abu Sadat Chowdhury, Area Head -1, Corporate, Commercial & Institutional Banking, was also present.
Earlier, BRAC Bank extended landmark financing to MJL Bangladesh for the acquisition of two ocean-going Aframax tankers—MT Omera Liberty and MT Omera Galaxy. The USD 95.77 million financing arrangement stands as the largest single-ticket foreign currency offshore term loan ever arranged by a local private bank in Bangladesh for this sector.
The addition of MT Omera Liberty to the fleet will enhance MJL Bangladesh’s operational capacity, strengthen the country’s maritime logistics, and support growing energy demands while facilitating international trade.
Commenting on the occasion, Tareq Refat Ullah Khan, Managing Director & CEO of BRAC Bank, stated: “We are proud to partner with MJL Bangladesh in financing the largest Bangladeshi-flagged oil tanker. This milestone reflects BRAC Bank’s capability to deliver large-scale foreign currency financing in collaboration with global partners. Beyond strengthening maritime logistics, this initiative contributes to trade growth, energy security, and the long-term economic development of Bangladesh.”
The inclusion of large oil tankers is expected to reduce foreign currency outflows for fuel transportation while creating opportunities to earn foreign exchange through international freight services. It will also generate employment opportunities for Bangladeshi maritime professionals.
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