Asyad Shipping Company has taken delivery of Ain Al Sarooj, the first of two Kamsarmax dry bulk carriers it agreed to purchase earlier this year, and the vessel has entered a one-year time charter, the company said in a disclosure to the Muscat Stock Exchange.
The Muscat Stock Exchange disclosure, summarised in a report by reports dated 28 September 2026, states that Ain Al Sarooj has gone straight into a one-year time charter following delivery. The announcement identified the vessel by name and class but did not attach further operational detail to the MSX filing.
Asyad Shipping is publicly traded and confirmed the delivery in the exchange disclosure, noting that Ain Al Sarooj is the first of a pair of Kamsarmax class ships it agreed to acquire earlier in the year. The purchase and immediate chartering signal the company has moved to put the new tonnage to work without delay.
The report from reports provided the primary public account of the transaction and the MSX disclosure, including the vessel name and the immediate term charter arrangement. No additional commercial terms, charterer identity or technical particulars were included in the exchange announcement as reported.
Charter and immediate deployment
Ain Al Sarooj's immediate placement on a one-year time charter was made explicit in Asyad Shipping's disclosure to the Muscat Stock Exchange. The company recorded the vessel's handover and its subsequent employment in a single regulatory filing, indicating a rapid transition from delivery to revenue-earning service.
The second vessel and wider plans
The disclosure confirms that Ain Al Sarooj is the first of two Kamsarmax vessels that Asyad Shipping agreed to acquire earlier this year, underscoring a planned expansion of the company’s dry bulk capacity. The MSX notice, as reported, establishes the pair as a contracted acquisition but does not specify the delivery schedule or the commercial use planned for the second ship.
Asyad Shipping's public statement to the Muscat Stock Exchange drew attention to the transaction and its immediate commercial use but stopped short of providing detailed financial projections or naming counterparties. The company emphasised the completion of delivery and the commencement of the one-year charter in the brief disclosure summarised by the shipping news report.
The reports item dated 28 September 2026 provides the principal published account of the delivery, the vessel's name and class, and its immediate chartering, based on the MSX disclosure. Further particulars beyond those elements were not included in the published summary.