Oman Shipping Company (OSC), acquired two modern Ultramax Dry Bulk vessels, reports Oman News Agency.
About the acquisition
Oman Shipping Company (OSC), a member of the ASYAD Group, confirmed the acquisition of two modern Ultramax Dry Bulk vessels, SBI Taurus and TR Omaha.
The new ships join OSC’s fleet of over 50 world-class vessels including LNG Carriers, LPG Carriers, VLCCs, Tankers, VLOCs, Dry Cargo, and Container ships.
These ships will be renamed to (JABAL SAMHAN & JABAL AL KAWR) once joined to reflect the greatness of Omani mountains and its rich minerals.
A statement from OSC
“We are pleased to announce the significant acquisition of these two modern Ultramax vessels as part of our Dry Cargo expansion program. From our perspective, this is an opportune time to acquire assets given current market conditions, and we’re pleased with the outcome of our negotiations. We will explore opportunities for further acquisitions during the course of 2020.”
Omani ports connectivity
- Oman Shipping Company play an important role within ASYAD Group- providing its global customers with integrated market-leading logistics solutions.
- The company also works towards expanding international shipping lines to connect Omani ports with global markets.
Global logistics hub
ASYAD’s OSC is an integral part of Oman’s drive to become a top-ten global logistics hub and is supporting the integration of all supply chain activities in the Sultanate.
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Source: OmanNewsAgency
