Sohar Port and Freezone reports cargo increase in Q1 2021

Sohar Port and Freezone has recorded growth in all categories of cargo in Q1 2021 compared to the same period last year.

The port recorded increased overall throughput by 21% compared to Q1 2020, seeing increases in containers handled by 1.8% to 197,000 TEU.

Dry bulk volume grew by 25% to almost 9 million tons, breakbulk handling grew by 7% to 426,783 tons and liquid bulk increased by 7% to just over 4 million tons. The port also recorded a 200% increase in ship-to-ship cargo.

Mark Geilenkirchen, CEO of SOHAR Port, commented, “The year-on-year throughput growth at Sohar Port and Freezone has transformed the Sultanate’s capacity for worldwide trade.

“The first quarter results for 2021 show that there is very strong demand for raw materials for industry and consumer goods, fuelled by the recovery of economies around the world”

Sohar Port and Freezone is renowned as one of the fastest-growing complexes of its kind in the world and is currently undergoing significant developments within its industrial cluster.

Omar Mahmood Al Mahrizi, CEO of SOHAR Freezone and Deputy CEO of SOHAR Port, added, “SOHAR is positioned as a logistics gateway and is integral to bringing in the requisite goods to clients within the freezone and industries in the region relying on a steady flow of materials.

“Further expansion of the port will increase Oman’s role as an international trade hub allowing us to attract more leading global partners and establish ourselves as the ideal location for business outside the Gulf.”

https://www.porttechnology.org/news/sohar-port-and-freezone-reports-cargo-increase-in-q1-2021/