OSC Inks VLCC Affreightment Deal with Shell

Image Courtesy: OSC

Oman Charter Company (OCC), a subsidiary of Oman Shipping Company (OSC), has entered into a contract of affreightment (COA) for its very large crude carriers (VLCCs) with Shell International Eastern Trading Company (Shell) for three years.

The contract grants Shell access to VLCCs operated by OCC for crude oil cargo transportation requirements and provides OCC with the cargo base it needs to support its commercial operations.

The deal comes on the back of the earlier signed charter agreement between the parties for ten 50,000 dwt medium range tankers tankers.

“We are pleased to associate ourselves once again with Shell,” Tarik Al-Junaidi, Chief Executive Officer of Oman Shipping Company, said.

“For more than 50 years, Shell in Oman has been committed to meeting the country’s growing energy demand in a socially and economically responsible manner. We look forward to strengthening this well-established relationship through this agreement with Oman Shipping Company (OSC),” Mike Muller, Vice President for Trading and Supply Crude, Shell International Trading and Shipping Company, said.

Share this article

Follow World Maritime News

In Depth>


<< Mar 2018 >>
26 27 28 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >