Asyad Shipping Reports 92% Profit Surge to RO 39 Million

Asyad Shipping has reported a strong financial performance for the first half of 2026, with net profit jumping 92% year-on-year to RO 39 million, highlighting continued growth across its shipping operations. (muscatdaily.com)

The company’s revenue increased by 17% to RO 165 million, while EBITDA rose 41% to RO 74 million, reflecting stronger operational performance and improved profitability.

The results were supported by growth across Asyad Shipping’s dry bulk, gas transportation and container shipping businesses, along with disciplined cost management and operational efficiency.

The company’s performance highlights the growing importance of logistics and maritime transport to Oman’s economic diversification strategy and its ambition to strengthen the Sultanate’s position as a regional logistics hub.

With expanding global trade and increasing demand for efficient shipping networks, Asyad Shipping’s results underline the potential of Oman’s maritime sector to generate greater economic value.