Tarik Al Junaidi has stepped down from his position as CEO of Oman Shipping Company (OSC) after 14 years at the company.

Mr Al Junaidi has spent the past six years as chief executive.

“During his tenure, he led the progress of the company’s performance, productivity and the growth of the OSC fleet from 2 to 50 vessels,” a statement posted to the company’s social media channels said.

No successor has yet been announced.

“We wish him all success and prosperity in his future career and endeavors,” OSC said in the statement.

TradeWinds has reached out to Mr Al Junaidi for comment.