This investment is in response to what is described as being the ‘phenomenal’ growth of tank container traffic moving through the port of Sohar.
As well as these tank container related support services, JTS plans to expand its portfolio in the future by developing new areas of business directly for the chemical industry. This could include chemical drumming, warehousing and distribution, the company suggests.
Construction of the new JTS Tanker container depot facility is expected to start during the second quarter of 2018. If all goes to plan then trial operations should commence by the end of the year.
According to Jamal Aziz, chief executive of Sohar Freezone, “As our new Liwa Plastics Project comes on stream at Sohar, we are going to see phenomenal growth in the petrochemical and downstream plastics industry here, with a consequent growth in the number and complexity of ISO tank containers being handled through the port. Having specialists like JTS on hand will help to create the kind of world-class cluster we are hoping for, putting Oman on the map as a major plastics producer.”
In another development one of Oman’s leading logistics services providers, Al Madina Logistics Company, has unveiled plans to invest in a network of new inland ports and warehouse facilities across the Sultanate. The initiative is in line with the Omani government’s plans to develop the logistics sector and create the infrastructure required to make the country a regional hub for shipping and logistics services.
Al Madina currently operates Muscat Container Depot, which is claimed to be the first, and so far only ICD in Oman with fully approved bonded facilities. The company is now looking to develop similar facilities near the ports of Sohar and Duqm over the next year, with plans for an ICD in Salalah in the foreseeable future.