Oman Shipping Company bids adieu to key architect

Muscat, Jan 12 - The Board of Directors of Oman Shipping Company (OSC) — part of ASYAD Group — has extended its thanks and gratitude to its CEO, Tariq al Junaidi (pictured), on his departure from the state-owned national shipping company after 14 years of service. The last six years were spent as CEO. “During his tenure, Tariq led the progress of the company’s performance, productivity and the growth of OSC’s fleet from two to 50 vessels,” the company state in a post tweeted on the weekend. Under Tariq’s leadership, OSC evolved into a well-diversified ocean-going national shipping fleet that plays a vital role in meeting the shipping requirements of Oman’s rapidly growing hydrocarbon, petrochemical, mining and metallurgical industries. Initially focused on the transportation of domestically produced liquefied natural gas (LNG) cargoes to international markets, OSC’s fleet has evolved to include Very Large Crude Carriers (VLCCs), Product Tankers, Chemical Tankers, LPG Carriers Very Large Ore Carriers (VLOCs), Bulk Carriers, multi-purpose vessels and, lately, a containership as well. A closed joint stock company, OSC is owned by the Governorate of the Sultanate of Oman through Asyad Group (Oman Global Logistics Group) (79.9 per cent), Oman Oil Company (20 per cent) and Oman Rail (0.01). The company undertakes a number of shipping related activities via the following subsidiaries: Oman Ship Management Company SAOC (OSMC), Oman Charter Company SAOC (OCC) and Oman Container Lines (OCL) Inc.