Oman Ship Management Company SAOC
Oman Ship Management Company SAOC was founded in the year 2003 and is a closed joint stock company with an ownership stake of the Government Sector of the Sultanate of Oman through the Ministry of Finance at 80% and of the Oman Oil Company S.A.O.C. at 20%. The firm operates ships in ownership and management, including LNG vessels jointly operated as a Joint Venture Partner with Mitsui O.S.K. Lines Ltd. (MOL). Additionally, the company has expanded into market segments such as crude oil, chemicals, dry bulk, containers, and general cargo. By 2012, the firm expects to have at least 45 ships in ownership and management. The vessels under management are located worldwide with clients including Shell, Mitsubishi Corporation, Itochu Corporation, Oman LNG, Qalhat LNG, Petronet, Qatar Gas, and Oman Refinery & Petrochemical Company.