Oman Shipping Co News

Oman Shipping Company (OSC) has taken delivery of its third Very Large Ore Carrier (VLOC) 'Vale Saham' in China. The giant bulk carrier will be used to transport iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under construction at Jiangsu Rongsheng Heavy Industries Company in Nantong in China. Vale Saham, the new Rongsheng-built VLOC delivered to OSC adopts an environmentally friendly design to lower oil consumption and reduce the emission of CO2, while its operating efficiency exceeds that of most existing ore carriers.

China Rongsheng Heavy Industries delivers two 380,000 dwt Very Large Ore Carriers (VLOC) to Vale S.A. & Oman Shipping Co. Christened as “VALE HEBEI” and “VALE SOHAR”, the latter new-building passed all inspections and surveys after just one week of sea trials. Despite the ongoing challenges on the shipbuilding industry brought about by the global financial crisis and the European debt crisis, China Rongsheng Heavy Industries’ delivery plan has not been readily impacted, and so far this year Rongsheng has delivered five VLOC's, with another four already launched and being outfitted.

Oman Shipping Company S.A.O.C. (OSC) took delivery of a Very Large Crude Carrier (VLCC) “BUKHA”, at Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Okpo, South Korea. “BUKHA” is designed and constructed according to the latest international standards, and it has advanced ballast water treatment technology to comply with international conventions on the protection of the environment from the effects of transportation of ballast water and sediments around the world.

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).

Daewoo Shipbuilding & Marine Engineering Co., said that it has won a deal worth $766m to build five oil tankers. The deal from Oman Shipping Co. calls on Daewoo Shipbuilding to deliver the vessels by April, 2012, the shipbuilder said in a regulatory filing. Daewoo Shipbuilding has received $1.27 billion in orders this year, and expects orders to fall 19 percent this year. (Source: Yonhap)