Middle East Economic Survey

VOL. LIV

No 17

25-Apr-2011

oman

OSC Takes Delivery Of New VLCC

Oman Shipping Company (OSC) on 13 April took delivery of the new very large crude carrier (VLCC) Saiq, which was built by Universal Shipping Company of Japan, at a launching ceremony in Kumamoto Prefecture in the south of the country. The 300,000 ton capacity vessel will be the 23rd to join OSCs owned fleet. OSC is building a fleet of 42 tankers 27 are already in operation, of which 23 are owned by...