Oman Shipping Company (OSC) is launching an ambitious fleet expansion plan after placing two new-build VLCC (Very Large Crude Carriers) orders with South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME). The next generation vessels will add to OSC’s expanding fleet of 49 vessels including 16 VLCCs, 17 product tankers and 4 chemical carriers. OSC’s growth is being driven by a 20-year contract to transport condensate for Orpic (Oman Oil Refineries and Petroleum Industries Company) and a 15-year deal transporting methanol for OTI (Oman Trading International) from Salalah Methanol plant. The company is further supporting the export of LPG from Sohar Refinery to Yemen, Sudan, India, Bangladesh and Sri Lanka.