Asyad Shipping, part of Oman’s state-owned Asyad Group, has signed an agreement with South Korean shipyard Hyundai Samho Heavy Industries for the construction of a pair of state-of-the-art LNG carriers.
State-owned Asyad Group noted in a post that the agreement signing, covering the supply of two new fifth generation LNG carriers, represents “another landmark in the group’s expansion plans to bolster its energy logistics capabilities and meet growing global demand”.
According to the Korean shipyard, the order for the two LNG carriers is worth the equivalent of $505.5 million. It added that the vessels are slated for delivery by mid-2026.
