This Domain is for Sale. To make an offer please get contact.
Make an Offer
  • Home
  • News
  • Technology
  • Law & Regulations
  • Informative
  • Tug&Barge&Salvage
Maritime and Salvage Wolrd News - Latest Ship Technologies
No Result
View All Result
No Result
View All Result
Maritime and Salvage Wolrd News - Latest Ship Technologies
No Result
View All Result

Oman Port Targets Bigger Iran Shipping Ties

marinesalvage by marinesalvage
January 2, 2024
in News
0
Oman Port Targets Bigger Iran Shipping Ties
Oman Port Targets Bigger Iran Shipping Ties

Oman Port Targets Bigger Iran Shipping Ties

ReutersBy Jonathan Saul

LONDON, Feb 29 (Reuters) – Oman goals to broaden transport and commerce hyperlinks with Iran and get forward of rivals after the lifting of worldwide sanctions on Tehran, main port officers concerned say.

Measures had been lifted final month as a part of a nuclear take care of world powers, ending years of isolation which noticed the worldwide transport sector minimize ties and disrupt provides to import-dependent Iran.

The United Arab Emirates beforehand loved larger transport exercise with Iran however Oman’s close by Sohar port is increasing ties.

Oman may additionally profit from a spat between rivals Saudi Arabia and Iran which noticed Riyadh minimize ties final month and others just like the UAE to downgrade relations. Annual UAE-Iran container commerce pre-sanctions was estimated at 1.5 million TEUs (20-foot equal items).

Reports cited by ship insurers pointed to a ban on all Iranian flagged ships calling at Saudi ports and neighbouring ally Bahrain.

While Oman maintained heat ties with Tehran it now faces competitors from throughout the Arabian Sea within the type of India.

Andre Toet, chief government of Sohar’s port and freezone, acknowledged they had been smaller than close by terminals.

“What we are trying to do is see if we can get a piece of the cake and divert or create new business opportunities for business between Oman and Iran using Sohar as the base for that,” he informed Reuters.

“The first signs are there that it is happening. It is still in very small pockets.”

Sohar, a 50-50 three way partnership between the federal government of Oman and the Dutch port of Rotterdam, acts because the port authority and landlord and runs its 45 km freezone.

Toet stated Sohar was focusing on extra commerce with main Iranian dry bulk and container line IRISL and nationwide tanker operator NITC. An IRISL ship made its first name to Sohar just lately.

Separately, a direct service between Iran’s main cargo port of Bandar Abbas and Sohar had opened up. Toet stated the port was hyperlinks with different Iranian terminals similar to Chabahar.

“We are talking to several Iranian companies looking for possible investment in the free zone – small metal manufacturing and warehousing distribution of agricultural products,” he stated.

Total vessel calls to Sohar reached 2,545 final 12 months – an increase of 26 % from the earlier 12 months.

With international cargo and container transport markets struggling a chronic recession since 2008, Iran represents a possible space of progress for the Oman International Container Terminal (OICT), positioned in Sohar.

“I can see high potential for an increase of trade between our two countries,” stated Albert Pang, chief government of OICT, which is operated by traders together with Hutchison Port Holdings and Oman’s authorities.

Last 12 months OICT reported cargo volumes of round 540,000 TEUs, versus 329,000 TEUs in 2014, and Pang stated it was focusing on double-digit progress this 12 months, with Iran doubtlessly including to it. (Editing by Jon Boyle)

(c) Copyright Thomson Reuters 2016.

Source of This New

Tags: iraniran sanctionsOmanports
Previous Post

15 Important Red Sea Facts You Must Know

Next Post

Schottel Australia Partners with Fremantle Foundry and Engineering

Related Posts

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located
News

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located

July 13, 2024
capesize bulk carrier terminal iron ore dry bulk
News

Capesize Rates at Six-Year Lows, Could Slide Further

July 13, 2024
jennifer turecamo moran tug chesapeake bay winter
News

Cold Morning on the Chesapeake

July 13, 2024
Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV
News

Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

July 13, 2024
Eco Marine Power and Nakashima Propeller Cooperate on Composites
News

Eco Marine Power and Nakashima Propeller Cooperate on Composites

July 12, 2024
odfjell
News

Odfjell Announces Layoffs, Reduction of European Officers

July 12, 2024
Next Post
Schottel Australia Partners with Fremantle Foundry and Engineering

Schottel Australia Partners with Fremantle Foundry and Engineering

Quick Search

No Result
View All Result

Recent Posts

  • Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located July 13, 2024
  • Capesize Rates at Six-Year Lows, Could Slide Further July 13, 2024
  • Cold Morning on the Chesapeake July 13, 2024
  • Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV July 13, 2024
  • Eco Marine Power and Nakashima Propeller Cooperate on Composites July 12, 2024

Categories

  • Informative
  • Law & Regulations
  • News
  • Technology
  • Tug&Barge&Salvage
Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located
News

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located

by marinesalvage
July 13, 2024
0

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located By Fathiya Dahrul and Rieka Rahadiana (Bloomberg) — Divers...

Read more
capesize bulk carrier terminal iron ore dry bulk

Capesize Rates at Six-Year Lows, Could Slide Further

July 13, 2024
jennifer turecamo moran tug chesapeake bay winter

Cold Morning on the Chesapeake

July 13, 2024
Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

July 13, 2024
Eco Marine Power and Nakashima Propeller Cooperate on Composites

Eco Marine Power and Nakashima Propeller Cooperate on Composites

July 12, 2024
Maritime and Salvage Wolrd News - Latest Ship Technologies

© 2023 - Marine-Salvage.net

Navigate Site

  • Home Page
  • Privacy Policy
  • Contact Us
  • About Us

Follow Us

No Result
View All Result
  • Home
  • News
  • Technology
  • Law & Regulations
  • Informative
  • Tug&Barge&Salvage

© 2023 - Marine-Salvage.net

Manage Cookie Consent
We use cookies to optimize our website and our service.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}