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Salalah Growth
The Port of Salalah, located strategically near the Gulf of Oman on the Arabian Sea, handled 3.3 million TEUs in 2016, representing nearly a 25% growth in annual container throughput. General cargo volume also rose to 13 million metric tons, a 4% increase over 2015.
The port is located astride the East-West trade lane between Europe and Asia and also holds a key position for service and transshipment the upper Arabian Gulf, Indian sub-continent Red Sea and East African markets. APM Terminals holds a minority stake in the Port of Salalah, which is now undergoing an expansion which will double the quay length, and increase dry bulk capacity to 20 million tons, and liquid bulk capacity to 6 million tons annually.
Oman’s “2030” initiative includes plans for $15 billion in infrastructure investment in the Salalah Free Trade Zone by 2028 to create a larger regional shipping and commerce center for the region, and a Port Phase 3 expansion including three new container berths, increasing annual container throughput capacity to 7.5 million TEUs.