News Details :
News Details:
Headline : Oman : OMAN SHIPPING inks COA agreement with SHELL INTERNATIONAL
Summary : Oman Charter Company, subsidiary of Oman Shipping Company, has inked a three years contract of affreightment (COA) agreement with Shell International Eastern Trading Company (Shell).

Under the contract, Shell gets access to the Very Large Crude Carriers (VLCC) operated by OCC for Crude oil cargo transportation requirements and supplies OCC with the cargo base it requires to support its commercial operations.

Tarik Al-Junaidi, CEO of Oman Shipping Company said: We are pleased to associate ourselves once again with Shell. In addition to the 10 MR tankers that we have recently chartered to Shell, this COA demonstrates the ability of Oman Shipping Company and its subsidiaries to deliver top shipping solutions that meet the requirements of our esteemed clients.

It is our endeavour to continuously provide our customers with reliable transportation services and to find mutual solutions that benefit both parties.

For more than 50 years, Shell in Oman has been committed to meeting the countrys growing energy demand in a socially and economically responsible manner, added Mike Muller, VP for trading and supply crude, Shell International Trading and Shipping Company. We look forward to strengthening this well-established relationship through this agreement with Oman Shipping Company (OSC). Shells unique trading capabilities allow us to support OCC in building their commercial operations, and our hope is that this will boost Omans position as a world player in the oil and gas industry.