Asyad Shipping steps up VLCC expansion with fresh Hanwha Ocean order

Oman’s Asyad Shipping has added further weight to its crude tanker ambitions, signing contracts for three new VLCCs at South Korea’s Hanwha Ocean. The state-linked owner, part of the Asyad Group logistics platform, confirmed it placed the order, covering three 300,000 dwt newbuilds at a total price of about $388.5m. The vessels are dual-fuel ready …