Asyad Shipping Company has received its first vessel named Ain Al Sarooj, which is part of two Kamsarmax vessels purchased. This vessel, with a deadweight tonnage (DWT) capacity of 85,000 tons, has immediately entered a one-year lease and will contribute to the company's revenue.
Details of the Vessel Purchase
Asyad Shipping signed the contract for the purchase of these two second-hand vessels on April 22, 2026, with a contract value of approximately 28 million Omani Rials (RO). The sister vessel, Ain Al Thawarah, is also expected to be delivered by the end of November 2026, and this vessel has already secured a two-year lease.
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Increase in Freight Fleet Capacity
Dr. Ibrahim Al Nadhiri, CEO of Asyad Shipping, announced that with the addition of these two vessels, the company's dry bulk fleet will reach 18 owned vessels with a total deadweight capacity of over 3 million tons. This fleet will also be complemented by chartered vessels from the market.
Al Nadhiri added that the dry bulk fleet includes VLOC, Newcastlemax, Baby-Cape, Kamsarmax, and Ultramax vessels. He described this fleet as one of the largest and most diverse in the region, stating that this combination allows the company to provide better services to its customers and strengthen its global presence.
Performance and History of Asyad Shipping
Asyad Shipping has been active in this industry for over 20 years and currently has a fleet of approximately 90 vessels across five different sectors (crude oil, dry bulk, gas, liner, and products). The company provides services to over 60 countries and, with the continued development of its fleet, aims to strengthen its position in international markets.
