Cargo Handlers to Purchase Assets of Bulk Liquid Carriers Petroleum Transport Limited

Cargo Handlers Limited (CHL) has advised that upon further due diligence of Bulk Liquid Carriers Petroleum Transport Limited, the board of directors determined that CHL would only be purchasing the assets of the company. CHL will manage the assets and continue to evaluate the option to purchase the company in the future. CHL further advised that the purchase of assets will add at least J$15 million in annual revenues.