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Wednesday, October 1, 2025 6:29 GMT
Asyad Shipping Company, a subsidiary of Asyad Group, on Sunday announced a strategic investment in the purchase of three Newcastlemax dry bulk carriers as part of its growth strategy. The agreement, signed on September 25, 2025, covers the acquisition of the three vessels for a total consideration of US$209 million, the company said in a disclosure to the Muscat Stock Exchange. Delivery is expected in the first quarter of 2026. The company added that it will update the market once the vessels...More