Tag: Asyad Shipping

ASYAD Shipping’s 31% Profit Surge in 2024: What It Means for Investors and Business Owners in Oman

By Oman Market
Economy

ASYAD Shipping recorded a 31% profit growth in 2024, with net profits of RO51.5M ($133.9M) and total assets of RO1B.

Asyad Shipping’s $64M Decarbonisation Investment: What It Means for Oman’s Sustainable Business Growth

By CONRAD PRABHU
Economy

Asyad Shipping Company, Oman’s majority state-owned maritime firm, invested over $64M since 2019 to reduce emissions from its 89-vessel fleet.

Asyad Shipping Welcomes VLCC ‘Qurayyat’: Implications for Oman’s Maritime Industry and Investment Opportunities

Asyad Shipping Company SAOG has successfully delivered the VLCC "Qurayyat," reflecting Oman’s heritage. The acquisition of two VLCCs, worth $206