Search results for: Oman Shipping Company

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  • 10 March 2020
    Business & Finance

    Oman Shipping Company has signed a deal to acquire two Ultramax vessels.

  • 22 January 2019
    Business & Finance

    Oman Shipping Company is set on growing its fleet further.

  • 19 November 2018
    Business & Finance

    Medium and long-term contracts provide OSC with steady cash flow to expand its fleet.

  • 28 September 2017
    Business & Finance

    Oman Shipping Company is planning to invest around USD 20 million in two second-hand containerships, the company’s CEO Tarik Mohammed Al Junaidi is cited as saying by the Times of Oman. As reported, the two ships, featuring a capacity of around TEU 3,000 each, would replace the currently chartered-in ships. The investment is said to be […]

  • 9 October 2017
    Business & Finance

    Oman Shipping Company (OSC) intends to increase share in the transport market for aggregates and acquire up to ten bulk carriers for that purpose, Tarik Mohammed Al Junaidi, CEO of Oman Shipping Company was cited by the Times of Oman as saying. As explained, the move comes due to a significant growth in aggregate exports from […]

  • 3 January 2020
    Business & Finance

    Muscat-based Oman Shipping Company has completed a USD 80 million “Ijara” transaction.

  • 1 August 2018
    Business & Finance

    Oman Shipping Company’s VLCC commercial chartering desk secures over 100 fixtures with world oil majors.

  • 17 September 2019
    Business & Finance

    The funds would be used for refinancing of three tanker vessels and two very large crude carriers (VLCCs).

  • 3 March 2017
    Business & Finance

    Omani government-owned Oman Shipping Company (OSC) has secured USD 227 million in debt to finance the acquisition of ten tankers, Reuters said citing France-based Societe Generale. Comprising a combination of commercial debt and export credit agency financing, the agreement covers the purchase of 50,000 dwt medium-range tankers constructed by South Korean shipbuilder Hyundai Heavy Industries. Unveiled on […]

  • 23 May 2017
    Business & Finance

    Muscat-headquartered Oman Shipping Company (OSC) has officially set up a new commercial chartering desk offering its Very Large Crude Carriers (VLCCs) to traders and charterers covering VLCC routes worldwide. OSC controls a fleet of 51 vessels including 43 owned, out of which 33 vessels are tankers. The company owns 16 VLCCs within the fleet out of which […]

  • 10 September 2019
    Business & Finance

    The Jabal Shams is one of four Ultramax bulkers scheduled for delivery to the company in 2019.

  • 17 January 2019
    Business & Finance

    Oman Shipping Company orders two new ECO VLCCs from DSME.

  • 26 June 2019
    Business & Finance

    The company already secured long-term contracts with oil majors for all three 300,000 dwt ships.

  • 17 March 2020
    Business & Finance

    Asyad Group has decided to integrate Oman Shipping Company and Oman Drydock Company.

  • 7 April 2016
    Business & Finance

    Oman Shipping Company (OSC) is launching a new freight service that would connect all Omani ports to the United Arab Emirates by mid-April, 2016. Through its new fortnightly Oman Express Service, run by OSC subsidiary Oman Container Lines (OCL), OSC will be the first freight feeder operator to connect all Omani ports, the company said. […]

  • 11 September 2012
    Business & Finance

    Oman Shipping Company is expanding its current fleet of 41 vessels with five new carriers so as to cater for the rising demand from the Oman’s oil and gas, petrochemical and other industries, including flourishing LNG sector, Deputy Chief Executive Officer of the company, Tarik Mohamed Al Junaidi told the Times of Oman. Al Junaidi […]

  • 26 May 2015
    Vessels

    REN’s Sines LNG import terminal in Portugal is expected to receive a cargo of liquefied natural gas on May 28. The 162,000 cbm Adam LNG is carrying the cargo from Qatar’s port of Ras Laffan. The LNG carrier, built by Hyundai Heavy Industries of South Korea, was delivered to Oman Shipping Company in November of 2014. It […]

  • 11 September 2012

    Oman Shipping Company is expanding its current fleet of 41 vessels with five new carriers so as to cater for the rising demand from the Oman’s oil and gas, petrochemical and other industries, including flourishing LNG sector, Deputy Chief Executive Officer of the company, Tarik Mohamed Al Junaidi told the Times of Oman. Al Junaidi […]

  • 16 January 2012
    Business & Finance

    Oman Shipping Company S.A.O.C. (OSC) has taken delivery of its latest Very Large Crude Carrier (VLCC), “AS SUWAYQ”, at Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Okpo, South Korea, on January 11th 2012. “AS SUWAYQ” has a 317,000 DWT capacity and is 333 m in length overall, 60 m in beam with the design […]

  • 26 May 2015
    Vessels

    REN’s Sines LNG import terminal in Portugal is expected to receive a cargo of liquefied natural gas on May 28. The 162,000 cbm Adam LNG is carrying the cargo from Qatar’s port of Ras Laffan. The LNG carrier, built by Hyundai Heavy Industries of South Korea, was delivered to Oman Shipping Company in November of 2014. It […]

  • 16 January 2017
    Business & Finance

    Oman Charter Company (OCC), a subsidiary of Oman Shipping Company (OSC), has entered into a contract of affreightment (COA) for its very large crude carriers (VLCCs) with Shell International Eastern Trading Company (Shell) for three years. The contract grants Shell access to VLCCs operated by OCC for crude oil cargo transportation requirements and provides OCC […]

  • 16 September 2015
    Business & Finance

    Oman Shipping Company (OSC) expects to add ten new 50,000 dwt medium range tankers to its fleet by November 2016, local media reported Tarik Mohammed Al Junaidi, acting CEO of this state-owned company, as saying. Al Junaidi said that the first MR tanker is expected to be delivered in November 2015. OSC ordered these ten MRs from South Korea’s […]