Investors Relations

• Asyad Line enhances Trade Between China, India, and the Gulf with Upgraded Far East Express Service
• Asyad Line's Far East Express Reduces Carbon Footprint with Optimized Routes and Fuel-Efficient Vessels

Asyad Line, part of Asyad Group, is expanding its reach in Asia with a significant enhancement of its Far East Express (FEX) service. Starting August 2024, the upgraded pendulum service will offer fortnightly sailings, connecting key ports in China, India and the GCC region. This move not only enhances Oman's connectivity to key markets but also reinforces its role as a vital transshipment hub for cargo.

Asyad Line's enhanced Far East Express (FEX) service, with its increased frequency and capacity, offers a compelling proposition for businesses seeking efficient, dependable and reliable shipping solutions between China, India and the GCC. The weekly sailings and direct connections to key ports in these regions, particularly the focus on Oman's Sohar port, make it an attractive option for companies prioritizing seamless trade flows and reduced transit times.

This strategic move by Asyad Line serves a dual purpose. Firstly, it caters to the growing demand for regular and dependable shipping services along this vital trade route, making it easier for businesses to access these key markets. Secondly, it positions Oman as a regional hub and platform for investors, showcasing the country's strategic location and business-friendly environment.

Highlighting Asyad's commitment towards enhancing Oman's contribution to global trade, Dr. Ibrahim Al Nadhairi, CEO Asyad Shipping and Drydock, said: “Asyad Line's enhanced Far East Express service is a testament to our unwavering commitment to connecting key markets and fostering seamless trade flows. This strategic expansion not only strengthens our presence in Asia but also reinforces Oman's position as a vital logistics hub in the region. We are confident that this enhanced service will unlock new opportunities for businesses and contribute to the economic growth of Oman and our partners.”

Besides the optimization of routes through this step, Asyad's commitment to environmental responsibility is evident in its modern fleet, which adheres to stringent international standards for emissions control and energy efficiency. The group continuously invests in upgrading its vessels and implementing eco-friendly practices to minimize the environmental impact of its operations.