STS operations increased by 16% and increase in anchorage calls by 4%
The implementation of its business continuity plan has seen SOHAR Port and Freezone maintain its operations and KPIs surpassed despite the impact that the Covid-19 pandemic has had on global markets, the company indicated in a press communique.
Q2-2020 saw an increase of 112% in STS (Ship-to-Ship) throughput, compared to the corresponding values in Q2-2019. This has resulted in a growth of STS operations by 16% and anchorage calls by 4%, a rise that is the result of SOHAR’s strategic location as gateway between the East and West and a myriad of direct connections to ports around the world.
“We continue to place a huge importance on maintaining an uninterrupted flow of goods and commodities into the local market, via all the ports in the Sultanate, which is further complemented by the provision of high-level marine services to shipping agents, and export and import companies,” affirmed Abdulrahman Bin Salim Al Hatmi, Group Chief Executive, ASYAD.
Muscat-based and 2016-established ASYAD, the Oman Global Logistics Group, is a private company operating within the Transportation sector focusing on Air Freight and Logistics.
“All the Omani ports have proven their effectiveness in meeting the demands of the local market via direct imports through their facilities. Due to the unified efforts of ASYAD’s Commercial Team and relevant entities in the sector, we have successfully been able to maintain business continuity in every aspect of our operations,” Al Hatmi added.
“Our top priority is to carry on contributing towards a seamless flow of goods into the local market, while ensuring the best marine services. This goes hand-in-hand with implementing the directives of the Supreme Committee,” asserted Mark Geilenkirchen, CEO, SOHAR Port, commenting on the Q2-2020 results.
“The success of the Freezone coincides with that of the Port, with the construction of several new projects going ahead as scheduled. A majority of these developments will be operational by the end of 2020, contributing additional revenue to the national economy as well as enhancing the number of downstream opportunities we can offer to our tenants,” remarked Omar Mahmood Al Mahrizi, Deputy CEO, SOHAR Port & CEO, SOHAR Freezone.
Q2-2020 has seen SOHAR land occupancy rate reach 62%, with warehousing and office occupancy rates reaching 71% and 18% respectively, the press statement concluded.
