With this addition, OSC now operates a diversified fleet of 29 vessels comprising of 10 VLCCs, 1 VLGC, 7 LNGs, 4 Chemical Carriers, 4 Product Tankers, 2 Multi-purpose Heavy Lift Vessels, 1 Supramax Bulk Carrier. The present tonnage with the addition to these two ships will be 4.2 million DWT and with the delivery of the 12 ships on order, it will reach 8 million DWT by the end of 2012. Oman Ship Management Company SAOC currently manages 8 vessels comprising of 6 LNG Carriers, 1 Chemical Tanker and 1 VLCC, which is SAMAIL.
Oman Shipping Company SAOC (OSC) is a closed joint stock company, incorporated in 2003 and owned by the Government of the Sultanate of Oman through the Ministry of Finance (80%) and Oman Oil Company SAOC (20%). Headquartered in Muscat, Oman, it was established to transport the Sultanate’s oil and gas products to world markets, provide Omani shipping services to the country’s trade partners in other commodities, and to re-vitalize Oman’s seafaring tradition. The Company is involved in ship owning, chartering and management activities through its subsidiary companies: Oman Charter Company SAOC, Oman Ship Management Company SAOC, and Oman Container Lines SA.