Oman’s Port of Salalah reported profit in the first quarter of 2013 was 2.065 million rials (about US$5.4 million), increasing 29 percent from $4.2 million in the first quarter of 2012.
Quarterly revenue was $37.2 million, improving 4 percent from $35.8 million in the same period last year.
The port’s container terminal handled 850,000 20-foot-equivalent units in the first quarter, declining 8 percent from 922,000 TEUs in the first quarter in the previous year, driven by lower volume from one of the port’s major liner customers, Port of Salalah said in a written statement. Despite the drop in volume, the container terminal recorded an uptick in crane productivity.
The general cargo terminal moved 1.9 million tons of general cargo in the first quarter, up 18 percent year-over-year, fueled by gains in limestone, gypsum, methanol and cement, according to the port.