Oman Shipping Company (OSC) made a profit of $180m in 2015 and is planning to use the money to develop its business.

The LNG carrier, tanker and bulker owner's CEO Tariq bin Mohammed al-Junaidi told Oman News Agency that the strong performance came from an improvement in the tanker market as oil prices fell.

He also said that the fleet now stands at 47 ships.

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