Lukoil will supply Oman Shipping Company’s fleet of 39 vessels
Lukoil Marine Lubricants Middle East, the subsidiary of Russia’s Lukoil Oil Company and located in the UAE, has inked a guaranteed three-year contract with Oman Shipping Company (OSC).
The signing ceremony was attended by June Manoharan, Director, Lukoil Marine Lubricants and Ibrahim Bakhit Al Nadhairi, Technical Director, Oman Shipping Company. Also present on the occasion was Capt. David Stockley, Chief Operations Officer, Oman Shipping Company.
The deal provides OSC the option of extending the partnership an additional two years to ultimately bring the agreement to a total of five years. As per the contractual obligations, Lukoil’s supply shall cover OSC’s fleet of 39 vessels consisting of Very Large Crude Carriers (VLCC), product tankers, chemical tankers, LPG Carriers, Very Large Ore Carriers (VLOCs) and bulk carriers.
This agreement comes at an opportune time as we seek to find alternative ways of elevating the status of our fleet’s reputation with 2020 just around the corner,” affirmed Al Nadhairi.
“Oman Shipping Company has shown great trust in allowing us to continue supplying their vessels,” said Manoharan.
