Under the terms of the agreement IMCO will continue to offer its course portfolio with the academic support of NUST
The International Maritime College Oman (IMCO), currently part of the Asyad state-owned holding group, is being transferred to the privately controlled National University of Science and Technology (NUST). The move follows a strategic review and aims to help bring more talent into the local and regional logistics sectors.
Commenting on the divestment, Ahmed Ali Al Balushi, Acting Group Chief Asset Management Officer, said, “The handover of IMCO to NUST, a pioneer in the field, is in line with the Group’s strategic plans to cultivate effective partnerships and work closely with the private sector in all commercial, economic, and educational fields. It also reflects the Group’s vision to build local competitive talents that can drive development and lead Oman’s economic growth.”
NUST has been active for more than 25 years and its programs are accredited by the Oman Academic Accreditation Authority and the Institution of Engineering and Technology. The International Maritime College Oman, established in 2005, offers programs that combine theoretical learning, simulations, and apprenticeships. With over 500 students graduating in 2021, IMCO supplies the local and regional markets with graduates trained in maritime transport, marine engineering, logistics and transportation management, and process engineering for various sectors such as oil and gas refining, petrochemicals, power generation and other industries.
