Oman's Asyad signs deal for two newbuild LNG carriers

Asyad Shipping and Asyad Drydock chief executive Ibrahim Al-Nadhairi said the company is pursuing "a more balanced and diversified fleet which is better suited to provide international customers with reliable and efficient solutions and enhances Asyad Group’s competitiveness and position as a strategic logistics partner for major global energy players".

“The fifth-generation 174,000-m³ LNG carriers meet the highest international standards of environmental and commercial sustainability, as well as boasting 58% less fuel consumption than the older, second-generation 138,000-m³ LNG carriers. Furthermore, Asyad Shipping’s investment comes at a time when green energy demands are growing, exacerbated by international geopolitical developments and the dire need for decarbonised logistics and energy sectors,” Mr Al-Nadhairi added.

Asyad also cited significant new production of LNG and export capacities coming on stream in 2025/2026 in its decision to build the two LNG carriers.

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