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FORTNIGHTLY EDITION

Monday 5, August 2002
Vol 1 - Issue 04

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MSC shifts services from Omani port of Salalah to Muscat

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Muscat: Swiss-based Mediterranean Shipping Company (MSC) shifted its weekly India-Pakistan-Europe service from the Omani port of Salalah to Muscat. The line has moved to Muscat at trial basis because of the shortage of feeders in Salalah port. MSC has been operating in Dubai since 1995. The Swiss carrier decided to start a weekly India-Pakistan-Europe feeder service from the Omani port of Salalah in late 2000. MSC of Geneva, Switzerland, is a privately-owned shipping line, founded in 1970. It operates a container fleet of over 420,000 TEU (twenty feet equivalent unit) containers which include 20 foot and 40 foot drybox units, reefers, open tops, flat racks, collapsible and high cube containers.

posted 5^th Aug 02

Dutch firm to manage Sohar port

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Muscat: Oman has awarded Netherland's Rotterdam Port Authority a 25-year management contract for its northern Sohar port as part of the Gulf state's privatisation drive. Under the concession agreement, a private firm called Sohar Industrial Port would be set up to develop, manage and promote the port. Oman's government and the Dutch side would each own 50 per cent of the firm. Oman has been building the port as part of its plans to promote Sohar as a regional industrial centre. The port is situated in the Gulf of Oman near the Strait of Hormuz, a strategic expanse of water the country shares with Iran. Port officials said the government had expanded plans for the port to support exports from proposed aluminium and fertiliser projects worth about $3 billion. The expansion put back the completion date to August 2003 from April 2002.

posted 5^th Aug 02

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