{"id":1455,"date":"2025-07-15T15:37:00","date_gmt":"2025-07-15T11:37:00","guid":{"rendered":"https:\/\/omanet.om\/news\/business\/asyad-shipping-welcomes-vlcc-qurayyat\/"},"modified":"2025-07-16T03:27:21","modified_gmt":"2025-07-15T23:27:21","slug":"asyad-shipping-welcomes-vlcc-qurayyat","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/business\/asyad-shipping-welcomes-vlcc-qurayyat\/","title":{"rendered":"Asyad Shipping Welcomes VLCC \u2018Qurayyat\u2019: Implications for Oman\u2019s Maritime Industry and Investment Opportunities"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p><\/p>\n<p><strong>MUSCAT, JULY 15<\/strong> \u2013 Asyad Shipping Company SAOG, which is listed on the Muscat Stock Exchange (MSX) under the trading code ASCO, has announced the successful delivery of one of its two Very Large Crude Carriers (VLCCs) acquired earlier this year. The vessel, named &quot;Qurayyat,&quot; was officially received on July 11, 2025, showcasing the company\u2019s commitment to Oman\u2019s heritage and coastal identity.<\/p>\n<p>This announcement follows a prior market disclosure made on April 30, 2025, detailing the acquisition of both VLCCs for a total investment of $206 million. The delivery of the second vessel is anticipated soon, with shareholders and the broader market to be informed upon its arrival.<\/p>\n<p>Each VLCC has a capacity of up to two million barrels, positioning them among the largest in the world. The acquisition is a strategic move aimed at enhancing Asyad Shipping\u2019s capabilities in the global energy sector.<\/p>\n<p>Emad bin Saeed Al Khaduri, Chief Commercial Officer of Asyad Shipping, was quoted by the Oman News Agency (ONA) on May 24, 2025, stating that this acquisition is part of a broader fleet expansion plan. He emphasized that the new tankers adhere to carbon neutrality standards, which supports the company\u2019s sustainability objectives and strengthens its competitiveness in both regional and international markets.<\/p>\n<p>As of April 2025, Asyad Shipping operated a fleet of 85 vessels, with plans for further growth across key sectors including crude oil, liquefied natural gas (LNG), ethylene, ammonia, and oil derivatives. The company also employs flexible commercial models, offering a range of short- and long-term contracts alongside spot agreements to cater to fluctuating market demands.<\/p>\n<p>According to Al Khaduri, Asyad Shipping plans to invest between $2.3 and $2.7 billion as part of its expansion strategy, having already allocated over $1 billion. The investment pipeline includes the introduction of additional vessels in 2026 and 2027, comprising two LNG carriers, four crude oil carriers, and two product tankers.<\/p>\n<p>With operations extending internationally, particularly through its trade office in Singapore, Asyad Shipping managed and operated 38 tankers in 2024, highlighting its operational efficiency and leadership within the global maritime industry.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitl8gak-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitl8gakw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitl8gaka{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitl8gaka:hover{border-color:#dc262688}\r\n.hitl8gakg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 0%,rgba(220,38,38,0.35),transparent 65%);pointer-events:none;z-index:0}\r\n.hitl8gakg2{position:absolute;bottom:0;left:0;right:0;height:45%;background:radial-gradient(ellipse at 50% 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<h3>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/h3>\n<p>The recent acquisition of two Very Large Crude Carriers by <strong>Asyad Shipping<\/strong> signals a pivotal moment for <strong>businesses in Oman<\/strong>, enhancing the country\u2019s stature in the global energy sector. This strategic investment not only offers <strong>opportunities for growth<\/strong> but also poses <strong>risks<\/strong>, as increased competition in the maritime industry may challenge local players. <strong>Smart investors<\/strong> should focus on <strong>innovative partnerships and sustainability initiatives<\/strong> to capitalize on Asyad&#8217;s expansion while adapting to potential market shifts.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asyad Shipping Company SAOG has successfully delivered the VLCC &#8220;Qurayyat,&#8221; reflecting Oman\u2019s heritage. The acquisition of two VLCCs, worth $206 million, enhances global capacity. The company aims to invest up to $2.7 billion, strengthening its fleet across key shipping sectors.<\/p>\n","protected":false},"author":13,"featured_media":1456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[284,161,285],"class_list":["post-1455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-asyad-shipping","tag-oman","tag-vlcc"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/07\/3071837.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/1455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=1455"}],"version-history":[{"count":0,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/1455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/1456"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=1455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=1455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=1455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}