OSC Signs Three-year Deal with Shell

Posted by Michelle Howard January 16, 2017

Tarik Al-Junaidi, Chief Executive Officer of OSC and Mike Muller, Vice President for Trading and Supply Crude, Shell (Photo: OSC)

Oman Shipping Company (OSC) has announced that its subsidiary, Oman Charter Company (OCC), has entered into a contract of affreightment (COA) agreement with Shell International Eastern Trading Company (Shell) for three years.

The contract grants Shell access to the Very Large Crude Carriers (VLCC) operated by OCC for Crude oil cargo transportation requirements and provides OCC with the cargo base it needs to support its commercial operations.

Tarik Al-Junaidi, Chief Executive Officer of Oman Shipping Company said: “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 endeavor to continuously provide our customers with reliable transportation services and to find mutual solutions that benefit both parties.”