CMA CGM and Asyad line up $400m multipurpose terminal in Oman

Sohar Port and Freezone Oman’s Asyad Group and French liner and logistics giant CMA CGM have signed a framework agreement to develop and operate a new multipurpose logistics terminal in Sohar. The project is expected to involve investment of around $400m and will be aimed at strengthening Oman’s position in regional and international trade corridors. The agreement was signed during the official visit of Oman’s Sultan Haitham bin Tarik to France. The planned terminal will add integrated logistics and cargo handling capacity at Sohar, one of Oman’s main port and industrial hubs. Asyad said the project would support higher cargo volumes and improve links between Omani ports and global shipping networks. CMA CGM said the terminal would strengthen its port and logistics activities in the Gulf and provide more reliable inland access to regional trade corridors. Rodolphe Saadé, chairman and chief executive officer of CMA CGM, said the Sohar project would improve regional connectivity and supply chain resilience for the group’s customers. “This partnership with Asyad Group marks an important step in the development of our logistics and port activities in the Gulf,” Saadé said. Abdulrahman Al Hatmi, group chief executive officer of Asyad Group, said the agreement is part of the Omani logistics group’s push to attract more trade flows and investment into ports, free zones and economic zones. Sohar Port and Freezone is a joint venture between Asyad and the Port of Rotterdam. The port handles more than 3,000 vessel calls a year and about 75m tonnes of cargo, with container terminal capacity of 2.46m teu. Adis Ajdin Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy. Read Next June 29, 2026 Eidesvik lands long-term Aker BP PSV deal June 29, 2026 DOF lands MPSV extension in Australia June 29, 2026 Enesel adds ultramaxes to dry bulk return June 29, 2026 HMM fixes gas carrier newbuilds to Mercuria June 29, 2026 BP wins technical services role on ONGC offshore fields Back to top button