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            october 18, 2019

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Salalah quarterly volume rises 15pc


Container volumes at Oman's Port of Salalah grew 15 per cent year on year in the third quarter to 2.75 million TEU, according to the Salalah Port Services Co.
Non-container general cargo volume grew 12.2 per cent to 5.2 million tons year on year, reported the Oman Daily Observer.
Revenue grew 12 per cent to US$108 million in the first nine months of 2012 year on year while the company's net profit increased to $13.2 million.
"We look forward to the continuation of our successful infrastructural development of the port, airport, and rail projects, and for the increasing connectivity in Oman and its regional role in logistics," said port company chairman Abdul Aziz Ali Shanfari.
The port has handled an average of three million containers annually in the past four years. May marked its 30 millionth container and the highest quarterly container throughput in the port's history.
Said port CEO Peter Ford: "The port is still, and will always be, a significant transshipment hub. We add a huge amount of value to shipping line networks. The next phase is for cargo owners and logistics providers to take advantage of this massive backbone of connectivity that Salalah's advantageous location offers."
The Port of Salalah's 2011 transshipment versus inbound hinterland cargo was 96 per cent, which translates into Salalah handling about 26 per cent of all local cargo and almost 90 per cent of containers handled in Oman.
With $143 million investment announced this year into the port's general cargo terminal and liquid bulk handling capabilities, activities at the Port of Salalah are expected to diversify in commodities and products such as limestone, coal, caustic soda, rock phosphate, and increase the percentage of local cargo imported and exported over the years.

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