Ahmed bin Abdul-Nabi Macki, Oman's Minister of National Economy and Deputy Chairman of the Financial Affairs and Energy Resources Council and chairman of the board of Oman Shipping Company signed in Tokyo Tuesday two joint venture agreements with the Japanese Mitsui OSK lines Ltd. company for the ownership of two carriers of refined and crude oil products.
After the signing of the agreements, Macki told Oman News Agency (ONA) the 235 meter long and 30 meter wide refined oil products carrier whose capacity is 85,000 cupic meter will enter the service in 2008.
The 330 meter long and 60 meter wide crude oil carrier whose capacity is some 350,000 cupic meter will enter the service in 2009, the Minister added. The two tankers are equally owned by the Omani Shipping Company and the Japanese Company (50% each).
Macki said it is agreed with international companies on 20 year long operation contracts.
