Oman
-
Middle East
Foresight Offshore Drilling awarded rig contract by Masirah Oil
Masirah Oil, a joint venture between Petroci and Lime Petroleum, has awarded a drilling rig contract to Foresight Offshore Drilling…
Read More » -
Middle East
Oman Shipping secures $110m financing for five vessels
Oman Shipping, part of Asyad Group, has entered into a new $110m financing deal with Standard Chartered to refinance three…
Read More » -
Middle East
Oman Shipping tipped to have boosted ultramax fleet with notable acquisition
Sinotrans Shipping, a subsidiary of China Merchants Group, has nailed this week’s most notable S&P deal. Sources say the low…
Read More » -
Middle East
Oman Shipping books VLCC trio at DSME
Oman Shipping Company (OSC) has placed an order at South Korean yard DSME for the construction of three VLCCs as…
Read More » -
Middle East
Oman Shipping Company readies bulk and box fleet diversification
Oman Shipping Company (OSC) is plotting a fleet diversification into dry bulk and containers. The Middle Eastern owner yesterday confirmed…
Read More » -
Middle East
Oman Shipping Company in for four DSME VLCCs
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has clinched an order for four VLCCS from Oman Shipping Company. The…
Read More » -
Middle East
Shell to develop bunkering hub at Duqm
Shell Oman Marketing Company has signed an agreement with Port of Duqm in Oman to develop fuel bunkering facilities, including…
Read More » -
Middle East
Oman Drydock to enter shipbuilding sector
Middle Eastern ship repair giant Oman Drydock Company is planning to enter the shipbuilding sector. The new CEO of the…
Read More » -
Middle East
Oasis Energy makes aframax debut
Oman-based Oasis Energy has purchased its first large tanker, tabling $9.5m for a 17-year-old aframax, broking sources tell Splash. Brokers…
Read More » -
Middle East
Oman Shipping chases aggregates business
Oman Shipping Company is looking at adding up to 10 bulk carriers as it chases a greater market share of…
Read More » -
Containers
Oman Shipping planning to buy its first containerships
Oman Shipping is planning to enter the containership owning sector through the acquisition of two containerships, replacing ships it currently…
Read More » -
Asia
Trescorp to develop oil terminal at Sohar Port
Oman’s Sohar Port has signed a $600m contract with Singapore-based oil trader Trescorp to develop a new oil terminal with…
Read More » -
Middle East
Qatar Navigation buys boxship, ramps Sohar infrastructure in wake of sanctions
Qatar Navigation – also known as Milaha – continues to take action to operate in a more constricted environment weeks…
Read More » -
Middle East
Oman Shipping Company launches VLCC chartering desk
Oman Shipping Company (OSC) has launched a new commercial chartering desk for its fleet of VLCC tankers. The new chartering…
Read More » -
Middle East
Oman Shipping Company signs three-year deal with Shell
Oman Shipping Company (OSC) has entered into a contract of affreightment (COA) agreement with Shell International Eastern Trading Company (Shell)…
Read More » -
Europe
Boskalis wins Duqm terminal contract
Royal Boskalis Westminster has been awarded an LOI from the port of Duqm in Oman for the engineering, design, procurement…
Read More » -
Europe
Odfjell closes Oman tank terminal sale
Odfjell Terminals has completed the sale of its 29.75% stake in Oman tank terminal for $130m. The transaction will bring…
Read More » -
Europe
Oman Shipping to withdraw VLCC from Navig8 pool
Navig8 Group has announced that Oman Shipping Company has decided to internalize the commercial management of their VLCC fleet which…
Read More » -
Asia
Indian prime minister visits Iran to sign Chabahar port agreement
Leaders from India, Iran and Afghanistan are due to meet in Tehran today to sign a trilateral agreement to develop Chabahar port…
Read More » -
Middle East
Renaissance sells Topaz Engineering for $18.5m
Oman’s Renaissance Services has entered into an agreement to divest Topaz Engineering Limited (TEL) and its subsidiaries, which provide marine…
Read More »