Oman’s Asyad Shipping to build & deliver 2 LNG vessels in 2026

Oman’s Asyad Shipping to build & deliver 2 LNG vessels in 2026

Asyad Shipping, part of Oman’s Asyad Group, has signed an agreement with Hyundai Samho Heavy Industries, a renowned Korean shipyard, to build and deliver two Liquefied Natural Gas (LNG) vessels in 2026.

The agreement aims to meet the growing customer need for energy logistics services in anticipation of global growth in gas transportation demand. It also brings the total number of Asyad Group vessels to 72 tankers for various uses.

The building of two state-of-the-art 5th generation tankers is in line with Asyad Shipping’s business plan towards a more balanced and diversified fleet serving the LNG, crude, petrochemical, bulk and container markets.

Dr. Ibrahim Bakhit Al Nadhairi, Asyad Shipping and Asyad Drydock CEO, said the introduction of new vessels would reinforce Asyad Group’s fleet with the latest international models. The agreement is also another step towards achieving the expansion plans of Asyad Group and boosting its competitiveness by providing reliable solutions to its growing local and international customer base.

“Given the trends in today’s energy market that indicate higher demand for LNG compared to conventional fossil fuels, we have chosen to expand our logistics capabilities in this sector and bring in advanced LNG carriers with a capacity of 174,000 cubic meters. The two vessels