Investment on the rise in Oman Port's
Port productivity in Oman has received another boost, with the announcement that Omanoil Matrix Marine Services (MXO), has added three new barges to supply marine fuel oil (RMG 380) at the Port of Sohar, the Times of Oman has reported.
The investment will see MXO barges equipped to deliver RMG 380 to the full spectrum of vessels calling at the Port of Sohar, including local and international cargo vessels, fishing boats, passenger ferries and large tankers.
The announcement follows on from the recent addition of bulk handling equipment to improve efficiency at the Port of Salalah, where three heavy duty Wire Rope Grabs were offloaded over the weekend as part of the ports investment in the expansion of its general cargo operations equipment.
The latest investments highlight the growing trade occurring in the country.
According to currency website XE, February data shows Oman’s exports grew 6.6 per cent year on year, whilst imports were up 26 per cent in the same period.