Ports and Shipping Top Stories
Sohar_GBO_Image

Sohar Port to be expanded in the future

The expansion is expected to bolster Sohar Ports’ potential in the regional and international levels in the segment of cargo and container handling

Sohar Port, Hutchison ports Sohar and Freezone plans to jointly study the possibility of Sohar Ports’ expansion, while the development of a new container terminal to handle mega vessels.

It is reported that the study will embark this year and will envisage for future growth to fulfil the heavily demanded local and regional economy’s needs. Furthermore, the study will try to find the possible impacts of any future expansion.

The expansion is expected to bolster Sohar Ports’ potential in the regional and international levels in the segment of cargo and container handling. The move will also generate fresh jobs for the local population in the Sultanate of Oman.

The port has a brighter future and it needs to boost its capacity to fasten future development. The addition of fresh areas will boost the port’s overall outlook and comprise the necessary infrastructure to attract vital international shipping lines.

Once the project is successfully implemented then it is expected to bring sustainable economic and social benefits for the Sultanate.

Hutchison Ports is operated by CK Hutchison and has a presence in over 26 countries throughout Asia- Pacific, the Middle East, Africa, Europe and the Americas. The company’s network is spread over 52 ports across the globe.

The company, apart from serving as a port investor, developer and operator, has expanded its presence across other segments such as cruise ship terminals, rail services and others. The company handled a combined throughput of 86.0 million TEU in 2019.

Related posts

Vodafone and Amazon partner to launch edge computing in UK

GBO Correspondent

UK-based healthtech SilverCloud raises $16 million in funding

GBO Correspondent

Amartha secures $50 mn from Lendable

GBO Correspondent