news

Charter market fuels surge in Asyad Shipping profits

By CityCalc Newsroom · Wed Jul 15 2026 · Source: AGBI

Oman’s state-run Asyad Shipping has reported that net profit almost doubled in the first half of 2026, driven by higher freight and time charter rates. Net profit after tax increased to OMR39 million ($101 million) from OMR20 million in the first half of 2025, the company said i…

Oman’s state-run Asyad Shipping has reported that net profit almost doubled in the first half of 2026, driven by higher freight and time charter rates. Net profit after tax increased to OMR39 million ($101 million) from OMR20 million in the first half of 2025, the company said i…

Curated by CityCalc from AGBI. Read the full article at the source.

Related articles

Continue exploring