Sohar Port and Freezone has signed an agreement with C. Steinweg Oman (CSO), a logistical services provider for the commodity trade, to expand its storage area with 270,000 square meters, in order to facilitate further growth and meet the increasing demand for minerals.
The expansion agreement represents a further investment in Sohar Port and Freezone by C. Steinweg Group and strengthens the port’s position as the leading export facility for minerals. The new storage facilities are expected to be completed in four months and fully operational in the fourth quarter of 2022.
The signing ceremony was held at Sohar Port and Freezone and attended by C. Steinweg Group CEO, Mr. Ulf Boll, C. Steinweg – Handelsveem BV CEO, Mr. Peter Pesselse, C. Steinweg Middle East & India Managing Director, Mr. Christophe van Loon and CSO CEO Mr. Hendrik van Mierop, as well as Sohar Port CEO, Mr. Mark Geilenkirchen and senior management.
“This agreement adds to our capacity to meet the growing demand for minerals across the region and solidifies Sohar Port and Freezone’s position as a major global cargo terminal. In 2021, Sohar Port exported more than 37 million tons of dry bulk cargo. With demand continuing to soar, CSO and Sohar Port and Freezone will be in a prime position to serve the needs of the market, as well as Oman’s ongoing diversification and the development of mega projects across the region.”
Mr. Mierop commented that “Adding 27 hectares of additional storage space to our facility at Sohar Port and Freezone shows the growth potential of Oman, while serving more and more markets around the world. Situated between key markets in the East and the West, Sohar offers a unique strategic advantage that is of global significance to the entire C. Steinweg Group.”