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FINANCIAL NEWS
Oman Shipping signs USD355.8 m loan
08 Oct 2013
(MENAFN) Oman Shipping Company said that it has signed a USD355.8 million loan with two local banks to buy Very Large Ore Carriers (VLOCs), according to Arab News.
A statement on Monday said that VLOCs will be chartered to Vale International VALE5.SA.
Vale produces 9 million of iron ore each year and has palletizing facilities.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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