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Oman Shipping Company expands dry bulk fleet with ultramax newbuilds

Oman Shipping Company (OSC) is reinforcing its position in the dry bulk cargo market as it expands its fleet with recent newbuilding deliveries from a Chinese shipyard.

On Monday, OSC formally took over control of the new 63,500 dwt ultramax Jabal Shams from Zhoushan Changhong Shipyard. In August, OSC had taken delivery of sister ship, the 63,500-dwt Jabal Almisht, from the same Chinese yard.

The two new ships are part of a series of four ultramaxes due to be delivered to OSC in 2019 to expand the company’s dry bulk fleet in response to growing customer demand.

“The delivery of the Jabal Shams and Jabal Almisht is part of OSC dry cargo expansion program that will enhance our position in the segment as a key shipping provider for GCC and global markets. Both vessels will be operating under long term cargo contracts,” said Michael Jorgensen, acting ceo of OSC.

The new ultramaxes have joined OSC’s fleet of over 50 vessels including LNG carriers, LPG carriers, VLCCs, tankers, VLOCs, dry bulk carriers and containerships.

Read more: Oman Shipping Co inks order for three VLCCs at DSME

OSC, a member of the Oman’s national logistics provider ASYAD Group, is an integral part of Oman’s drive to become a top 10 global logistics hub and to support the integration of all supply chain activities in the country.