Cargo throughput figures for the first half of 2017 indicate a high level of stability for the port of Salalah’s container business this year. Throughput of 1.6 million teu in this period compared with 1.59 million teu the year before, a rise of 1%. Productivity has increased with a 21% improvement in berth moves per hour, the port points out.
Agreements with major shipping line customers have helped achieve a stable market position. However rates are under pressure and this is reflected in a sharp drop in net profits, from RO 2.67 million in the first half of 2016 to RO 303,000 this year.
Traffic at the general cargo berths in Salalah were down by 5% compared to the first half of 2016. The lower figure of 6.79 million tonnes is attributed by the port to higher customs duties imposed by Omani authorities earlier this year. Moves to diversify away from dependence on aggregates traffic are starting to have some effect the port authority notes, with a deal with Salalah LPG and the setting up of a sugar plant in the port complex likely to bear fruit within the next few years.