Oman plans partial IPO of Asyad Shipping

Wadi Duka

Photo: VesselFinder

By LoadstarEditorial

04/02/2025

PRESS RELEASE: The Omani government has announced plans to partially float its state-owned shipping company Asyad Shipping on the Muscat Stock Exchange. The firm is mostly involved in tanker and dry bulkl shipping – over 90 ships serving the oil, coal and gas shippers – as well as five container ships and majority stakes in the country’s ports, including the container transshipment facility at Salalah that it operates in conjunction with APM Terminals.

According to media reports, the subscription period is due to begin this month with an initial public listing currently slated for March.

The prospectus can be found here.

Comment on this article

You must be logged in to post a comment.

Topics

Asyad Initial public offerings

Most read news

Chaos swirls in wake of Trump de minimis move

More blanked sailings: 'Carriers will not sit on their hands while rates collapse'

Maersk eyes 'cut and run' moves as port congestion brings delays

Maersk paying $100,000 a day to charter scarce post-panamax box ships

De minimis cut won't hurt demand for Chinese ecommerce, but for air cargo?

Gemini and logistics growth now the focus as APMM posts healthy profits

U-turn on de minimis ban, following 'processing issues', as trade war heats up

DSV hits back in 'bait and switch' case, claiming deal was not legally binding

India eyes dedicated container line to wean shippers off foreign carriers

Five keys to 'successful freight forwarding in an uncertain world'

How to process an extra million-plus parcels a day from China into the US

'Smart' containers could help beat drug smugglers and thieves

'Kuehne + Nagel must poach rivals' key staff'

Suez authority eyes swift return to canal, but it's 'safety first' for carriers

US warehouse space will be at a premium this year, cargo owners warned

Surging China-Europe railfreight could hit the buffers if Red Sea crisis ends