DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/5e1e8d/oman_shipping_repo) has announced the addition of the "Oman Shipping Report Q1 2012" report to their offering.
Oman continues to develop itself into a regional powerhouse for the shipping and transshipment of dry bulk goods such as iron ore. The latest development is the announcement that a new port is to be constructed at Duqm. Further port developments include the announcement that all cargo operations are to be moved from the Muscat port of Sultan Qaboos to Sohar by the end of 2012.
All of this is aided by Oman's position on the Arabian Sea, outside the Persian Gulf, enabling it to offer shorter shipping lines than ports within the congested body of water. This has led BMI to forecast particularly strong growth at the Port of Sohar in 2012.
Headline Industry Data
- 2012 container throughput at Salalah forecast to reach 3.94mn twenty-foot equivalent units (TEUs) on growth of 2.4%, and to average 1.9% to 2016.
- 2012 total tonnage throughput at Sohar forecast to reach 13.81mn tonnes, a year-on-year (y-o-y) growth of 13.6%. Growth forecast to average 18.5% over the mid term, boosted by the transfer of Sultan Qaboos' cargo operations to the facility.
Key Industry Trends
- A'Duqum Development To Bolster Oman's Dry-Bulk Hub Credentials
- Sohar Cements Iron Ore Hub Role
- Government Plans Shifting Of Commercial Operations To Sohar Port In Phases
Companies Mentioned:
- Oman Shipping Company (OSC)
- Maersk Line
- Mediterranean Shipping Company (MSC)
- CMA CGM
- COSCO Container Lines Company Limited (COSCON)
- Hapag-Lloyd
- Evergreen Line
- APL
- China Shipping Container Line (CSCL)
- Hanjin Shipping (Container Operations)
- CSAV
For more information visit http://www.researchandmarkets.com/research/5e1e8d/oman_shipping_repo