Oman Observer

Hutchison Ports Sohar to boost investment in Terminal C

Hutchison Ports Sohar, the Oman subsidiary of Hutchison Ports, plans to invest around $50 million in upgrading Terminal C — the container terminal that it operates and manages at the Port of Sohar. The investment, according to Hutchison Ports Sohar CEO Albert Pang, comes on top of the estimated $250 million invested by the company in its operations at the industrial port over the past decade.
Pang said the upgrade will contribute to the development of a ‘mega automated terminal’ at the Port of Sohar, as envisaged in the company’s Master Development Plan for the terminal.
The official made the announcement during celebrations, held last week, to mark 12 years of successful container handling operations at the Port of Sohar. Dr Ahmed bin Mohammed al Futaisi, Minister of Transport and Communications, was the chief guest at the celebrations.
Also present were high-level officials of Royal Oman Police Customs and ASYAD Group, as well as decision-makers representing various shipping lines, traders, supply chain agencies, and other stakeholders.
Hutchison Ports Sohar (formerly Oman International Container Terminal OICT) is a joint-venture between Hutchison Ports, the Government of the Sultanate of Oman, Steinweg of the Netherlands and a number of well-established Omani investors. The company commenced commercial operations in Oman in 2006 from Terminal B at the Port of Sohar, later moving to Terminal C in 2014.
Container volumes handled by the terminal operator are slated to hit the 3 million TEU mark before the end of this year, according to Pang. Since the relocation of container handling operations from Terminal B to Terminal C, container traffic at the port has achieved double digit growth year-on-year, the CEO said. Besides, the terminal has begun attracting a number of long haulage direct calls, not only from the Middle East and Far East, but — for the first time starting last month — from the United States as well, he said.