With 17 VLCCs, 15 Product Tankers, Asyad’s fleet of product carriers accounts for more than half of the company’s national fleet. It’s a reflection of the significant upturn in liquid cargoes, including crude, refined petroleum fuels, and petrochemicals, being generated by the nation’s largely hydrocarbon-centric economy, underpinned by the major industrial and petrochemical clusters established at Sohar, Salalah and Duqm. Recent investments in mega refining and petrochemicals schemes in these clusters bode well for the further growth of Asyad’s shipping capacity.