Oman Shipping Co (OSC), the principal provider of maritime transportation services to the nation’s critical energy and industrial sectors, envisions a significant increase in the size of its national shipping fleet in line with a much-heralded ramp-up in hydrocarbon, petrochemical and industrial investment around the country.
The national fleet, currently numbering 43 ships, is projected to swell to 50 vessels by 2018, around the same time that the majority of mega-projects planned primarily at Sohar and Duqm, are slated to be operational, reported Mist News.
This projected growth in fleet size and capacity underlines OSC’s commitment to deploying the required tonnage necessary to service the maritime transportation needs of Oman’s rapidly industrialising economy, said a company official.
“OSC has always focused on long term growth to serve Oman by leveraging the import and export of Omani cargoes, especially in the oil and gas sectors. Success depends on securing long-term contracts and lots of efforts are being made in this regard in line with OSC’s mission statement directly supporting the national economy,” the official said.
“Basically, an essential element of having an Omani national shipping line is to have the required tonnage to primarily meet the national shipping requirements and thereafter to grow around this business. Indeed, OSC is playing a key role in this regard by providing a quite large and diversified fleet of 43 vessels presently of around eight million DWT. This number is expected to increase further up to 50 vessels by 2018,” the official added.
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