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Oman Shipping

Oman Shipping Co inks order for three VLCCs at DSME

Oman Shipping Company (OSC) has ordered three very large crude carriers (VLCCs) from Daewoo Shipbuilding and Marine Engineering (DSME).

OSC said the three 300,000 dwt VLCCs were part of OSC’s fleet renewal plan and long term contracts with oil majors were already in place for the vessels.

The company said the vessel said the new vessels would meet future environmental requirements and were predicted to increase oil shipping revenues by 10%.

The agreement with DSME was signed by Abdulrahman Al Hatmi ceo of ASYAD Group, parent of OSC.

“Oman Shipping Company’s capabilities and customer offering are growing from strength to strength in response to increasing demand. OSC’s fleet renewal programme reflects the company’s commitment to high-quality services, enhanced global connectivity and industry-leading competitiveness,” he said.

OSC has a fleet of 50 vessels including LNG carriers, LPG carriers, VLCCs, tankers, VLOCs and containerships.

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