ADNATCO to Increase Capital to $136mn

The capital of the Abu Dhabi National Tankers Company (ADNATCO) - a 100% owned subsidiary of the Abu Dhabi Na- tional Oil Company (ADNOC) - is to be raised to Dh500mn ($136mn) from the original Dh4mn ($1.08mn), according to a recent decision by ADNATCO's board. The company, which was set up in 1975, currently has the following fleet of eight carriers:

 Date of Carrier Dwt Cargo Construction Al-Ain 135,900 Crude 1974 Baynounah 57,211...