Background: Established in November 1998, the Port of Salalah stands strategically along the major East-West Shipping Lane. Recognized as a premier global container-handling port, it boasts exceptional infrastructure and is currently undergoing capacity expansion in its Container Terminal.
The port is an integral part of a network encompassing leading shipping companies, serving major trade routes in Asia, Europe, East Africa, the Indian Subcontinent, and the Arabian Gulf. Notably, it has emerged as one of the world's fastest-growing ports, securing the 45th position globally for container handling in 2023.
Additionally, the UNCTAD annual index for 2022 ranked the Port of Salalah as the 2nd most efficient port worldwide. Transformation and Development: The transition from Raysut Port to the Port of Salalah has marked significant development, beginning with infrastructural enhancements, and culminating in a strategic partnership with APM Terminals through a concession agreement. APM Terminals owns 30% of the port shares and manages both the General Cargo Terminal and Container Terminal.
Company Performance (2023):
• Container Terminal: Handled 3.8 million TEUs during 2023, with Maersk maintaining a consistent contribution.
• General Cargo Segment: Achieved a record-breaking 20.5 million tons in 2023, fueled by increased demand in export markets for gypsum, limestone, and liquid bulk.