Hyundai Heavy Industries

Industry, Logistics & Shipping

Omani group Asyad awards $104m tanker contracts to Hyundai Heavy

Sat, 12 Sep 2026

Oman's Asyad Shipping has announced that it has awarded $104 million contracts to South Korea's Hyundai Heavy Industries (HHI) for the construction of two new medium range product tankers. These vessels, which are part of Asyad Shipping’s fleet expansion strategy, will be delivered in 2029.