Companies
Asyad Shipping
Oman · Shipping · State-controlled, listed · Muscat Stock Exchange: ASCO · Founded 2003
Asyad Shipping Company S.A.O.G. is ASYAD Group's shipping company, established on 22 March 2003 according to its Muscat Stock Exchange profile and listed on the exchange after an initial public offering. Its October 2026 announcement describes a fleet of 79 vessels across gas, crude, products, dry bulk and liner segments, and says ASYAD Group intends to sell up to 6.25% of its share capital to raise the free float above 25%. Its full-year 2025 results announcement gives gross revenue of RO 336.4 million (2024: RO 366.1 million) and net profit after tax of RO 56.4 million (2024: RO 51.6 million). The exchange profile names Muhsin Abdul Majeed Raja as chairman, and Dr. Ibrahim Al-Nadhairi is Chief Executive Officer.
Key facts
No verified figure held yet.
Ownership and relationships
- majority-owned by:ASYAD GroupAsyad Shipping — proposed additional offering of shares by Asyad Group (20 Oct 2026, MSX) · as of 20 Oct 2026 ↗
- Chairman:Muhsin Abdul Majeed RajaMuscat Stock Exchange · read on 24 Oct 2026 ↗
- Chief Executive Officer:Dr. Ibrahim Al-NadhairiAsyad Shipping — full-year 2025 audited results announcement (25 Feb 2026, MSX; Arabic and English) · 25 Feb 2026 ↗
Key people
- Dr. Ibrahim Al-Nadhairi · Chief Executive Officer, Asyad Shipping
- Muhsin Abdul Majeed Raja · Chairman, Asyad Shipping