Gulf states in the Middle East are expanding capacity and investing billions of dollars in their ports to accommodate booming traffic in the Asia-Europe trade lane.
05 Feb 2015
The value of regional food markets in the Middle East will reach $53 billion in 2020, “a perfect recipe for growth,” according to Andre Toet, CEO of Sohar Port and Freezone in the Gulf sultanate of Oman.
03 Feb 2015
Centre Point Logistics (CPL) — a Dubai provider of logistics, warehousing, and storage — has expanded its operations in the Gulf Cooperation Council region after a deal was signed with Sohar Port and Freezone in the Sultanate of Oman.
26 Jan 2015
The development of Oman’s Sohar Port and Freezone and its links to the Arabian Peninsula and Gulf nations have placed the port city firmly on China’s radar as it works to build a “Maritime Silk Road” between Asia and Europe.
08 Dec 2014
Mediterranean Shipping Co. has lifted its congestion surcharge of $100 per TEU imposed earlier on shipments moving from Europe to Sohar, saying congestion at Oman's largest port is easing.
29 Sep 2014
Iran and Oman plan to launch a shipping line to boost maritime trade between the two countries by the end of the year.
05 Sep 2014
A 40 percent surge in “unexplained” empty containers and a spike in imports for the Muslim holiday of Ramadan, combined with the relocation of commercial traffic from Muscat, was the cause of congestion at the Omani port of Sohar, said Andre Toet, CEO of Sohar Industrial Port Company.
01 Sep 2014
Maersk Line and CMA CGM have levied congestion surcharges cargo discharged at the port of Sohar in Oman as the relocation of all commercial traffic from Muscat to Sohar leads to berthing delays.