In 2019, SHIPCO acquired a new modern product tanker, MT Ukombozi II, to replace the old-fashioned MT Ukombozi. MT Ukombozi II is a modern double-hull ship having a capacity of carrying up to 3,500 tons of petroleum products. The tanker is 86.21 meters long, 14 meters wide, and has four holds (eight tanks) of fuel. It has two manifolds for loading and unloading petroleum products. It is built in accordance with national and internationally accepted standards.

MT Ukombozi II provides seaborne transportation of petroleum products to oil suppliers between Zanzibar ports and other ports in Eastern and Southern Africa. It offers services of transporting a variety of petroleum products, including petroleum, oil, liquefied petroleum gas, distillate fuel oil (lighter fuel oils and diesel engine fuel, kerosene, diesel, petrol, jet fuel, residual fuel oil (gasoline and diesel oil, lubricants, paraffin, asphalt and burning fuel), unfinished oils, etc.

Services that are offered by MT Ukombozi II are of great benefit to customers, very efficient and effective at a fair rate, as a result of having a ship that is built using the latest technology, having effective speed and fuel consumption. Additionally, since the tanker has been built in compliance with international and national regulations with respect to safety, security, and marine environment protection, it saves customers from the inconveniences of delay caused by Port Security officers for non-compliance. The services offered assures reliable, safe, and affordable services to customers, a short payback period, and increase SHIPCO's market share in the foreign and local markets.