|
Salalah, the capital of Oman’s southern Dhofar region, has become a major international hub thanks to the expansion of its port, which has a capacity of 4.5 million TEUs, the Financial Times reported.
The port is taking advantage of its favourable position, close to key trade routes such as the line between Colombo in Sri Lanka and the Gulf of Suez, and its deep-water approach that make it perfect for servicing the modern 15,000-container vessels.
The Salalah Port Services Company (SAOG), the company that runs the port, is 30 percent owned by APM Terminals, a subsidiary of Denmark’s A P Moller-Maersk, and 45 percent by the Omani government through various entities. The remaining 25 percent is floated on the Muscat stock exchange.
Currently some 98 percent of the port’s throughput is made of transhipment.
Cargonews Asia
|
Login
