Asyad Shipping and OQ8 Successfully Complete First-of-its-kind Blended Crude Oil Delivery from Mina Al Fahal to Duqm Refinery

Muscat: Asyad Shipping, part of Asyad Group, has achieved a first in Oman’s maritime and energy history with the successful delivery of the first blended crude oil by an entirely-Omani supply chain. This inaugural shipment, embarked by Asyad Shipping’s fleet, VLCC Saiq, set sail from Mina Al Fahal to Ras Markaz, destined to the Duqm Refinery (OQ8), a promising economic project in Oman.

Dr. Ibrahim Al Nadhairi, CEO of Asyad Shipping, said: “Our partnership with OQ8, a burgeoning refinery within our own nation and a valuable addition to the global energy market, mirrors the pioneering nature of our innovative maritime solutions in delivering efficient competitive services. Our success in delivering the first blended crude oil shipment managed entirely by an Omani company underscores our commitment to raising the local supply chain and creating sustainable logistic solutions that support the diversification goals of the nation and solidifies Oman’s position on the global trade map.”

He added, “This accomplishment is a testament to Asyad Shipping’s comprehensive service capabilities and our role in transforming the region’s logistics landscape and driving socio-economic growth”.

Highlighting the importance of the partnership, David Bird, CEO of OQ8, said: “We deeply value Asyad Shipping’s technical expertise and advanced infrastructure. Their skillfulness and exceptional operational capabilities are in perfect harmony with OQ8’s goals, forging a strong partnership that sets new standards in the industry. This joint effort reflects our shared commitment to advancing Oman’s maritime and energy sectors to unprecedented levels.”

With a fleet of over 83 diverse vessels, boasting a total Deadweight capacity (DWT) of over 9 million, Asyad Shipping is a major player in maritime transportation services. This extensive fleet, encompassing a variety of carriers, ensures high-quality, efficient shipping solutions to a distinguished and global clientele, ensuring reliability and excellence in maritime operations.

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