Oman Shipping Co (OSC) is working on renegotiating charters and renewing its fleet under new chief executive Ibrahim Al Nadhairi.

The former chief operating officer was confirmed in the role, and that of CEO at sister company Oman Drydock (ODC), on Tuesday.

OSC told TradeWinds it operates one of the youngest fleets in the world with an average vessel age of between eight and nine years.