Middle East

Port Services Corporation plans different revenue streams

Muscat: The Port Services Corporation (PSC), which faces a drop off in business from the shift of commercial activities of Muscat Port to Sohar, has appointed a Singapore-based consultant — Overseas Port Management (OPM) — to assist the corporation in submitting a bid to the Ministry of Transport and Communications for managing Khasab port, along with its strategic partner.

Port Services Corporation early this year signed a MoU with Iran's Kaveh Port and Marine Services to set up a company that will operate and manage Khasab port in Musandam governorate.

The PSC has also accepted the offer of the Ministry of Transport and Communications to manage and operate the inland port that the government is planning to develop in the South Al Batinah Logistics Hub in Barka.

Further, the corporation will carry out the management and operation of the proposed tourism port at Muscat.
With the shifting of commercial operations by August 31, only cruise vessels, dhows, passenger vessels as well as naval vessels will continue calling at Muscat.  [04/08/14]


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