The 1440 dead weight oil tanker, christened 'Namibian Lady', will be deployed as a supply vessel of marine gas oil and lubricants to the fishing vessels, marine diamond mining vessels and all other merchant vessels off-shore and in-shore off-the-port limits of Walvis Bay and Luderitz within the exclusive maritime zone.

According to the Namibia Energy Corporation group chief executive officer, Mihe Goamab I, this is the first time a local company owned by previously disadvantaged Namibians "has broken a trade barrier against all odds to make Namibia as a shore-line country self-reliant on its own oil tankers".

Goamab I said currently all of Namibia's oil imports were brought into the country by South African owned or chartered oil tankers.

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