Asyad Ports Company posts 88% growth in handling services

Muscat: Asyad Ports Company, a subsidiary of the Asyad Group, announced an increase of 88 percent in the volumes of handling during its 2022 operations, as well as a 15 percent rise in total financial revenues, coupled with a 15 percent increase in net profits, compared to 2021 figures.

The total handling of public goods in the ports of Al Suwaiq, Shinas, Sultan Qaboos Port, Asyad Duqm terminals and Khazaen Dry Port during 2022 stood at 3.326 million tons, an increase of 88 percent as against 2021 figures. More than 1.7 million tons bulk materials were handled, in addition to 1.6 million tons of general cargo and 1.462 million tons of livestock.

The number of ships moored at seaports stood 4,240. This affirms Asyad’s strategic role in contributing to the realization of the National Logistics Strategy 2040, namely by linking medium ports with direct commercial markets from GCC states, Iran, Africa, India, Canada, Brazil, Australia and Ukraine. This is in addition to achieving food security through direct import from the countries of origin of basic commodities such as grains, livestock, fruits and vegetables—all in line with an integrated system of operational, logistical and marine solutions.

In 2022, Sultan Qaboos Port saw the restoration of cruise activity. It received 61 cruise ships, an increase of 135 percent compared to 2021. The cruise liners arrived with more than 149,000 tourists on board. This contributed to the consolidation of Oman’s position as a preferred destination for marine tourism in the region.