Asyad Shipping buys two LNG carriers for $505 mln

Asyad Shipping signed an agreement with Korea Shipbuilding & Offshore Engineering for the construction of two new-build LNG carriers, the Omani global logistics provider announced on Thursday.

The contract with Korea Shipbuilding & Offshore Engineering’s subsidiary Hyundai Samho Heavy Industries is worth approximately USD 505 million.

Under the deal, the vessels are to be delivered in mid-2026.

Oman LNG is expected to operate on the assets.

Asyad Shipping currently operates a fleet of 70 vessels, including very large crude carriers, product tankers, LNG carriers, chemical carriers, LPG tankers, very large ore carriers and dry bulk carriers.

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