OSMC Holds India Seafarers Conference
Oman Ship Management Company (OSMC) has staged a conference in India enabling seafarers to share best practices and expand industry knowledge.It comes as OSMC figures reveal growth in its managed fleet expanding from 27 to 38 in last two years, largely due to expansion in its chartering business. More than 100 delegates joined the Officer’s Conference at the JW Marriot in Juhu, Mumbai. The two-day event involved seafarers from OSMC fleet vessels, office staff, crewing agencies and industry experts such as from Shell, P&I Clubs and Lloyds Register.
Saudis Raise December Crude Prices for Asia Exports
Saudi Aramco has raised the December official selling price (OSP) for its Arab Light grade for Asian customers by 65 cents a barrel versus the previous month to a premium of $1.25 a barrel to the average of the Oman and Dubai benchmarks, it said on Thursday. That raises the December Arab Light OSP to the highest premium since September 2014, Reuters data showed. The price for Arab Super Light was raised by 45 cents a barrel and the OSPs for Arab Extra Light and Arab Medium rose by 65 cents, Aramco said, confirming what two sources told Reuters earlier on Thursday.
Delivery of a New VLCC to Oman Shipping
Oman Shipping Company S.A.O.C. accepted delivery of a Very Large Crude Carrier (VLCC), SAMAIL, from Universal Shipbuilding Corporation, in Kawasaki city inJapan, becoming the 29th vessel to be operated by the company. The 300,000-dwt Panamanian flagged vessel SAMAIL measures 330 x 60 m with a draft of around 22 m. She will be the first VLCC to be technically managed "in house" by OSC’s subsidiary by Oman Ship Management Company S.A.O.C. in Muscat. With this addition, OSC now operates a diversified fleet of 29 vessels comprising of 10 VLCCs…
Oman, Pakistan Sign Marine Border Agreement
Oman's Foreign Affairs Minister Youssef bin Alawi bin Abdullah and his Pakistani counterpart Abdul Sattar signed a maritime border agreement in the Omani capital last Monday. The border pact apparently demarcated around 146 nautical miles of territorial water. Oman and Pakistan both have shorelines on the Arabian Sea. Oman recently ratified a border pact outlining most of the Arab state's border with the United Arab Emirates.
China Rongsheng Names, Delivers 380,000 dwt VLOC's
China Rongsheng Heavy Industries christened the first of two 380,000 DWT Very Large Ore Carriers built for Oman Shipping deliivers another of the same to Vale S.A. China Rongsheng Heavy Industries Group Holdings Limited today christened the first two 380,000 DWT Very Large Ore Carriers (“VLOC”) built for Oman Shipping Company S.A.O.C. (“Oman Shipping”). The vessels will set for sea trial and enter into the final delivery stage soon. In addition, the Group has also delivered the third 380,000 DWT VLOC to iron ore mining giant, Vale S.A. H.E. Dr.
New Warship for Oman’s Royal Navy
HM Naval Base Portsmouth was lit up red, white and green this morning as BAE Systems handed over the third of three new warships to the Royal Navy of Oman. AL RASIKH is a 99 meter corvette designed, built and delivered as part of Project Khareef. The Interim Acceptance ceremony was attended by dignitaries from both Oman and the U.K. who witnessed the ship’s crew board the vessel to raise the National Flag of Oman for the first time. Mick Ord, Managing Director of BAE Systems Naval Ships, said, “This is a proud day for the Royal Navy of Oman as it takes ownership of the third Khareef Class corvette, which has been completed to the highest standard. Portsmouth’s iconic Spinnaker Tower also joined the colorful celebrations by lighting up in Oman’s national colors.
Damen Names Royal Oman Navy Flagship
Dignitaries from the Ministry of Defense of Oman joined senior Damen management at a ceremony at Damen Schelde Naval Shipbuilding, Vlissingen on May 8 to mark the naming of the Royal Navy of Oman’s new flagship, the Sail Training Clipper Shabab Oman II. The 87m long steel-hulled vessel is a three-mast, full square rigger built to design principles set for the iconic tea clippers of the 19th century, benefiting from 21st century technology and comfort. Featuring a fully unfurled sail area of 2,700m2, the vessel can accommodate 34 navy recruits plus a 58-strong crew.
Oman Shipping Signs 3-year VLCC Deal with Shell
Oman Charter Company (OCC), a subsidiary of Oman Shipping Company (OSC), has entered into a contract of affreightment (COA) for its very large crude carriers (VLCCs) with Shell International Eastern Trading Company (Shell) for three years, reports Muscat Daily. "This CoA demonstrates the ability of Oman Shipping Company and its subsidiaries to deliver top shipping solutions that meet the requirements of our esteemed clients," said Tariq al Junaidi, chief executive officer of OSC in a statement.
Liquid Natural Gas Carrier Ordered by Oman Shipping Co
The Oman Shipping Company (OSC) has signed an order for a new build LNG carrier with Hyundai Heavy based in Ulsan, South Korea. The LNG carrier, for delivery in 2014, will have a 162,000 cubic metres capacity, and is to be fitted out with dual fuel engines. The new ship will comply with European ‘Green Certificate’ requirements, and will have accommodation as a training vessel for up to six trainees and an instructor at any one time. OSC already owns and operates a fleet of five LNG carriers, which are all technically managed in-house by Oman Ship Management Company. Oman Shipping Company is a closed joint stock company, incorporated in 2003 and owned by the Government of Oman through the Ministry of Finance (80 per cent) and Oman Oil (20 per cent).
Arabian Gulf Service Contract
Austal confirmed an unconditional contract has been signed with Oman’s National Ferries Company (NFC) for the maintenance of seven large high-speed craft. The contract requires Austal to deliver vessel maintenance services for NFC’s five high speed ferries and two Oman Coast Guard rescue boats, co-managed by NFC, for a period of up to five years. Work will be performed by Austal at various regional ports within the Sultanate of Oman, including the capital city, Muscat. Austal’s service presence in the Middle East now includes hubs for the Red Sea (Egypt) and the Arabian Gulf (Oman)…
OSC’s New Feeder Service Links Oman to UAE
Oman Shipping Company (OSC) is launching a new freight service linking all Omani ports to the United Arab Emirates by mid-April, 2016, in a move that aims to boost trade links. OSC’s new fortnightly Oman Express Service will be the first freight feeder operator to connect all Omani ports. It will be run by OSC subsidiary Oman Container Lines (OCL). OSC chief executive Tarik Mohamed Al Junaidi said the new service will be cheaper and faster than the road transport which currently handles all freight to the interiors.
LNG Starts Flowing From Oman
Oman began loading liquefied natural gas (LNG) onto a ship last Thursday for its first exports of the gas. "It is being loaded as we speak, and it is expected to be shipped tomorrow morning," Oman LNG spokesman Julian Barnes said. Barnes said the shipment would go to South Korea, a key customer for Oman's future LNG sales. Oman LNG, a $2.5 billion LNG project in the Gulf Arab state, has a 25-year contract to sell 4.1 million tons a year of LNG to Korea Gas Corp. It also has supply contracts with Japanese and U.S. firms.
OMAN to Build New Oily Waste Reception Facilities
The Gulf state Oman is toughening up its act to stop the illegal dumping of crude oil waste in its waters by building new oily waste reception facilities and fining offenders who illegally discharge oil. Oman's Environment Ministry has stated that they will build three new reception facilities for oily waste before the end of this year. The facilities are to be situated in Muscat, the southern port of Salalah and in the northern city of Sohar. Passing tankers will be encouraged to offload their waste at one of these facilities. The penalty for being caught illegally discharging waste is to be set at USD 1mill by the State of Oman . INTERTANKO…
KR Shipping Supports Duqm Port, Dry Dock Ops
According to a report from Oman Daily Observer, shipping and maritime services provider Khimji Ramdas (KR) Shipping has set up a joint venture company to support the operations of the ship repair yard currently under commissioning at Duqm. The JV has been awarded a long-term contract to provide tugboat services to the state-owned Oman Dry-dock Company (ODC), which owns and manages the Duqm ship repair facility. (Source: Oman Daily Observer)
Salalah Port Inks Iran Deals
Oman's top port Salalah has signed trade agreements with key Iranian terminals in the latest efforts by the Gulf country to boost shipping ties with Tehran following the lifting of international sanctions. Measures against Iran were lifted in January as part of a nuclear deal with world powers, ending years of isolation which saw the international shipping sector cut ties and disrupt supplies to import-dependent Iran. The United Arab Emirates previously enjoyed greater shipping activity with Iran but ports in Oman are looking at expanding ties. Salalah, located near the Gulf of Aden, said on Monday it had signed a memorandum of understanding with Iran's biggest cargo port Bandar Abbas and with Chabahar port…
Two Indian Sailors Killed in Yemen Vessel Fire
Two Indian sailors were killed in a fire on board a vessel off Yemen while three Indians injured in the fire have been admitted to a hospital in Oman, Indian External Affairs Minister Sushma Swaraj said. Sharing the tragic news on twitter, the minister also expressed her condolences to the bereaved families. "We have lost two Indian sailors Mahesh Kumar Rajagopal and Deepu Lathika Mohan due to fire in a vessel Al Sadaa. My condolences," she tweeted. The minister said the injured have been admitted to a hospital in Salalah, Oman.
Oman Shipping Acquire 10 New Vessels
Ten new medium range product tankers will join the fleet of state-owned Oman Shipping Company (OSC) in the next one year, taking the total strength of the fleet to 53 from 43 now, reports Times of Oman. According to the chief executive officer of Oman Shipping Company Tarik Mohammed Al Junaidi, the company will receive all 10 vessels between November this year and November 2016. The new vessels will be managed by Oman Ship Management Company, a wholly-owned subsidiary of Oman Shipping Company. Al Junaidi said these ships are manufactured in South Korea by Hyundai.
New Sail Training Vessel for Royal Navy of Oman
The new Sail Training Vessel (STV) for the Ministry of Defense of Oman has been officially launched at Damen Shipyards Galati in Romania. This 87 m vessel, named RNOV Shabab Oman, is destined to become the flagship of the Royal Navy of Oman to continue the role of the current STV of the same name in promoting cultural interaction and to help “spread peace and harmony amongst nations.” Shabab Oman is a full square rigger and will have an amazing 2,700 m² sail area. After months of planning…
Oman-owned Dutch Megayacht Shipyard Set for Expansion
Oman's MB Holding Company, set to expand its newly aquired Oceanco. Rotterdam, shipyard facility. MB Holding Company, one of the largest oilfield services firms in the Middle East, has acquired Oceanco, a specialist in building luxury superyachts since 2010, and plans its massive expansion, reports the Times of Oman. The MB Group Chairman, Mohammed Al Barwani, pointed out to the Mayor of Rotterdam who was on a short visit to Oman, that some of the top businessmen in the world had bought superyachts from the shipyard, whose market tended to be to the Arab world, Asia, India, USA and Europe. Oceanco currently employs about two-hundred workers, but it is intended to double that number, having in the past year sold five superyachts with a total value of between €750 to €800 million.
Sohar Port, Oman, Fully Operational by January 2014
Construction of the new 70-hectare container terminal at Port of Sohar begins shortly, operational in 2014. As part of the expansion deal, container-terminal operator Hutchison Whampoa has signed an agreement for developing the 70-hectare container terminal for Oman International Container Terminal which will raise capacity from 800,000 Twenty-foot equivalent units (TEUs) to 1,500,000 TEU's. Port of Sohar is a deep sea port in the Middle East situated in the Sultanate of Oman, 220km northwest of its capital Muscat. The management of this industrial port lies with Sohar Industrial Port Company SAOC (SIPC), a 50/50 joint venture between the Government of Oman and the Port of Rotterdam. Port of Sohar houses three clusters: logistics, petrochemicals and metals.
Training Vessel for Royal Navy of Oman Constructed at Damen
The Ministry of Defense in Oman has awarded Damen Shipyards Group a contract for the construction of a Sail Training Vessel (STV). The 87-metre square rigged, three-masted steel clipper and will take up her role as flagship. In addition to its key role of training young Omani navy cadets and officers, the new clipper will be deployed in a distinct diplomatic role and emphasize Oman’s centuries-old maritime tradition. Due for delivery in August 2014, the ship will replace the RNO’s current RNOV Shabab Oman and will be in the RNO Fleet. In March (2013) the ship’s keel laying ceremony took place at Damen Shipyards Galati (Romania). This was conducted by Rear Admiral Al Raisi, the RNO’s commander-in-chief. The RNO has an eight-strong overseeing team stationed in Romania.
Oman to Implement Maritime Communications Network
Oman to roll out the national maritime communications network along its lengthy coastline soon, says Al-Madakhel Investment that has been tasked with design, construction and operation of the new maritime communications network. A report in Oman Daily Observer says that the Muscat-based Al Madakhel is implementing the ambitious project under a licence issued to the company to build, operate and the upgrade Oman's maritime communications infrastructure. The company has the mandate…
VT Group Signs $600m Oman Ship Contract
VT Group (VT), the Support Services and Shipbuilding Company, has signed a contract with the Government of Oman to supply three Ocean Patrol Vessels (OPVs) for the Royal Navy of Oman. Work will start immediately on the programme with the first of the ships, which are approximately 100 metres in length, scheduled for hand-over in early 2010 and the subsequent ships at six-month intervals. The programme is valued at around £400 million over a five-year period, including initial support. VT Group Chief Executive Paul Lester commented: “This is a major export success for the UK and maintains the long and successful relationship we have had with the Royal Navy of Oman over the past 25 years. These ships will be the most advanced of their type in the world when they are completed.