The idea is to find European operators for the ships, in order to service its loans with Islami Bank.
“There were bureaucratic tangles, but we have overcome them recently. Our ultimate aim is to find buyers for those ships,” executive director Tariqul Islam told the Daily Star.
Ananda wants to flag the vessels in Panama.
It had a series of ships worth $89m lined up for German and Singaporean owners in 2007, but delays led to cancellations in 2010.
