Oman Shipping Orders three VLCCs at DSME

Oman Shipping Orders three VLCCs at DSME

Oman Shipping Company (OSC), a member of the ASYAD Group, has signed an agreement for the construction of three very large crude carriers (VLCCs) with South Korea’s Daewoo Shipbuilding & Marine Engineering …
Jun 27, 2019 /  Curious
Oman Shipping plans to invest in modern container fleet

Oman Shipping plans to invest in modern container fleet

Oman Shipping Company (OSC), the wholly Omani government-owned maritime freight transportation services provider, plans to invest in a modern container shipping fleet in an ambitious bid to become a significant player in …
Jun 24, 2019 /  Curious
Daewoo Shipbuilding, Hyundai Heavy win string of crude carrier orders

Daewoo Shipbuilding, Hyundai Heavy win string of crude carrier orders

South Korea’s major shipbuilders have started the year on a buoyant note, winning new orders at a strong clip. Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday it has bagged a 210 billion won …
Jan 18, 2019 /  Curious
Newbuilding Methanol Carrier for Proman Shipping Named CASTARA

Newbuilding Methanol Carrier for Proman Shipping Named CASTARA

On November 27th 2018, Proman Shipping and Mitsui O.S.K. Lines, Ltd. (MOL) held a naming ceremony for a newbuilding Methanol Carrier for Proman Shipping at the Hyundai Mipo Drydock (HMD) in Korea. The vessel was named …
Dec 13, 2018 /  Vessels
Oman Shipping sets up new VLCC chartering service

Oman Shipping sets up new VLCC chartering service

Oman Shipping Company (OSC), one of the biggest ship owners in the Middle East and North Africa (Mena) region, has set up a new commercial chartering desk offering its very large crude carrier (VLCCs) to major traders …
May 26, 2017 /  Curious
Oman Shipping Company obtains $227 million financing for purchase of new tankers

Oman Shipping Company obtains $227 million financing for purchase of new tankers

The funding covered the purchase of ten 50,000 dwt medium-range tankers, built by Hyundai Heavy Industries of South Korea. Oman Shipping Company, wholly owned by the Sultanate of Oman, has successfully raised $227 …
Mar 6, 2017 /  Finance
Oman Shipping Company Signs A Contract Of Affreightment With Shell International Eastern Trading Company

Oman Shipping Company Signs A Contract Of Affreightment With Shell International Eastern Trading Company

Oman Shipping Company (OSC) announced on Jan 15 that its subsidiary, Oman Charter Company (OCC), has entered into a contract of affreightment (COA) agreement with Shell International Eastern Trading Company (Shell) for …
Jan 17, 2017 /  Curious
Navig8 Group announces that Oman Shipping Company SAOC intends to internalize the commercial management of its VLCC fleet

Navig8 Group announces that Oman Shipping Company SAOC intends to internalize the commercial management of its VLCC fleet

Navig8 Group (Navig8), the world’s largest provider of maritime services, Thursday (Dec 22) announced that it has been advised by Oman Shipping Company SAOC (OSC), one of the leading international shipping …
Dec 26, 2016 /  Vessels
Oman Shipping Company reports $180m profit in 2015

Oman Shipping Company reports $180m profit in 2015

Oman Shipping Company (OSC) was able to make a $180 million profit in 2015, indicating that this profit will be used to develop and expand the company’s business during the coming period. Tariq bin Mohammed Al …
May 30, 2016 /  Finance
Oman Shipping’s new feeder service to connect Jebel Ali by mid-April

Oman Shipping’s new feeder service to connect Jebel Ali by mid-April

Oman Shipping Company’s subsidiary Oman Container Lines has signed an agreement with the Port of Salalah to start a shipping line between the port and Jebel Ali in the United Arab Emirates (UAE). The …
Apr 4, 2016 /  Curious