Asyad doubles down on charter-backed MR newbuilds

Oman’s Asyad Shipping has returned to HD Hyundai Heavy Industries for two more MR product tanker newbuildings, taking a charter-backed programme launched just two months ago to eight ships. The Muscat-listed owner is paying around OMR39.89m ($103.6m) for the latest pair of 49,999 dwt tankers, with deliveries scheduled for 2029. Both ships already have five-year … Read full article →