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Asyad awards $308m contract to Korean shipbuilder
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Asyad awards $308m contract to Korean shipbuilder
Asyad Shipping, a subsidiary of Oman’s state-backed Asyad Group, has awarded a contract to build six medium-range tankers to South Korean shipbuilder Hyundai Heavy Industries. The contract is valued at OMR119 million ($308 million), the company said in a statement to the Muscat Stock Exchange. The company has also signed five-year time-charter agreements for all six vessels with a “leading global energy company”, the statement said. Each vessel …
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