Tag: Asyad Shipping

Asyad Shipping’s US$209 Million Investment in Dry Bulk Fleet: Implications for Growth and Opportunities in Oman’s Shipping Sector

Asyad Shipping Company has invested in three Newcastlemax Dry Bulk Carriers, enhancing its capacity to meet rising global demand. CEO

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