ASYAD consolidates LNGC owner and shipyard

Wednesday, 18 March 2020
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ASYAD Group has integrated LNGC shipowner Oman Shipping Company (OSC) with repairer Oman Drydock Company (ODC).

This move is in alignment with the Group’s strategy to offer integrated and highly efficient services, it said. 

Engineer Abdulrahman Salim Al Hatmi, ASYAD Group CEO, said: “This move towards integration aims to raise the Group's efficiency and boost its economic and financial performance; ensuring its commercial sustainability and agility, while contributing to the national economy. We strive to advance the Government’s diversification plans- increasing economic prosperity while supporting the private sector in the Sultanate.” 

“Our Group's main objective is to fortify the Sultanate’s position as a logistic gateway to MENA markets, placing ASYAD Group as the first choice for customers requiring globally-proven, integrated and trusted services. The Group is constantly reviewing its operational, commercial and financial performance to remain adaptive to macro developments and keep pace with industrial trends nationally, regionally and globally,” Al Hatmi concluded.

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