Continuing its steady growth to boost Sohar as an international logistics hub, Sohar Port and Freezone on Monday announced encouraging results for the second quarter of 2021.
Sohar Port and Freezone reported that the port’s throughput – handling of goods in and out of the sultanate – increased by 14 per cent in the second quarter of 2021 compared to the same period in 2020.
Ship-to-Ship (STS) cargo handling at Sohar Port jumped by an impressive 168 per cent in the second quarter, according to a statement issued on Monday.
Meanwhile, the number of handled containers came in at 190,000 TEUs (twenty-foot equivalent units), in addition to 804 vessel calls, up by 18 per cent from the same period in 2020.
“Although the global economy is beginning to show signs of recovery, there is still a fair amount of uncertainty due to the ongoing pandemic. Given these dynamics, our efforts to refine our business scenarios in order to emerge more resilient and adaptive have shown themselves to be well-placed and projections indicate that we are on course to exceed the amount of cargo that passed through in 2020,” Mark Geilenkirchen, chief executive officer of Sohar Port, said in a statement.
“The port’s continual growth is a testament to the long-term value that we provide to our clients as we operate safely and efficiently to serve the industrial and economic sectors,” Geilenkirchen said.
On the other hand, the land occupancy at SoharFreezone (first phase) saw a rise of 10 per cent at the end of second quarter, while the freezone registered 503,000 tonnes of exports. The production capacity in SoharFreezone touched 545,000 tonnes where 45 countries have investments.
With a number of planned projects underway and coming up at the freezone, Sohar Port and Freezone’s strategy to position itself as a central logistics hub in the region is well on track.
Omar Mahmood al Mahrizi, CEO of SoharFreezone, said, “Sohar Port and Freezone’s rise to prominence has been extremely gratifying but for us it’s still only the beginning. In alignment with the port’s impressive growth, we continue to make major investments in the freezone, while promoting it, and Oman in general, as a favourable business destination.”
“The strategic location and an amenable trade environment presented huge potential for our stakeholders and partners. The vision to become a prosperous global trading hub is coming to fruition,” he added.
Sohar’s abundance of energy, raw materials and world-class logistics, coupled with generous incentives for local and international partners and the One-Stop-Shop system for all government clearances, provides a significant advantage for business that is sure to attract major players in the industry.
As one of the fastest-growing ports in the world, Sohar Port and Freezone continues to build on its strategic location and enhance its services, positioning itself as a key logistics hub within the region and across the world. Today, after 17 years of operation, Sohar Port serves as the main gateway for import and export in Oman, contributing 2.8 per cent of the country’s GDP and almost 26,000 direct and indirect employment opportunities.
A powerful combination of the expertise of both the Port of Rotterdam and the government of Oman, represented by Asyad Group, Sohar Port and Freezone is earmarked as one of the sultanate’s mega-projects and is home to logistics, petrochemicals and metal clusters as well as the region’s first dedicated agro-terminal.
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