Financial Ports

Oman’s Asyad bets $411m on eight MR tankers—all chartered

CLAVE 1 / 4Asyad has ordered two additional 49,999 dwt MR product tankers from South Korea’s HD Hyundai Heavy Industries, bringing its charter-backed programme to eight…

CLAVE 2 / 4The latest pair is priced at OMR39.89m ($103.6m) and will deliver in 2029, matching the schedule of the six sister vessels ordered in July.

CLAVE 3 / 4All eight tankers are already chartered for five years to an unnamed global energy company, securing revenue before construction begins.

CLAVE 4 / 4Total investment across the series stands at OMR158.9m ($411.6m), financed through a mix of cash and debt.

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