Uncategorized
Port of Duqm successfully begins dry bulk export operations: ONA
Port of Duqm has effectively started the loading of its first shipment of dolomite from the Port’s commercial quay as per the Oman News Agency (ONA). A vessel will be loaded with 3 grades of dolomite in the next few days, totalling a volume of 50,000 tons and will set sail to India thereafter.
The dolomite is produced in a quarry located about 30 kilometres from the Port and proven to have a reserve of over 300 million tons of product.
The expectations are that the mine will produce several hundreds of thousands of metric tons of product per month, of which the lion share will be exported via the Port. Dolomite finds its primer usage in the construction and steel industry, but one can also find applications in the production of ceramics, cement and glass.
Witnessing the beginning of loading, Reggy Vermeulen, CEO of Port of Duqm stated, “One of the three major markets that Port of Duqm is aiming for is the support of the mineral industry of Oman. This first shipment is a key milestone towards port of Duqm playing a significant role in the diversification of the Omani economy”.
“Having flows of minerals going through the Port of Duqm is an enabler for the setting up in the mid-term of a proper mineral related industry cluster offering potentially numerous jobs for Omanis,” he added.
The Port of Duqm is fully equipped to handle these first volumes in a minimum operational lead time and will develop itself further to become a major international export hub for industrial minerals in the next few years.
Apart from Dolomite, other important deposits such as gypsum, silica sand and limestone have also been found in the vicinity of Duqm. These products are expected not only to be exported from the port, but also to feed important downstream industries taking full advantage of Duqm’s prime location in the vicinity of the major shipping lanes and direct main line connectivity to its major export destinations.
-
Economy3 weeks agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Economy2 months agoElectricity Tariffs Reduced for Residential Use – What It Means for You
-
Economy2 months agoNumber of Workers in GCC Countries Increase From 2021 to 2025
-
Magazines2 months agoOER Magazine April 2026 Issue
-
Oman2 months agoREVIEW: WHOOP and the Rise of Performance Luxury
-
Lifestyle2 months agoAP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
-
News2 months agoANALYSIS: Oil Slips As Peace Hopes Reprice Middle East Risk, But Supply Tightness Keeps Market On Edge
-
Banking & Finance2 months agoTariq Atiq Appointed as CEO of Bank Nizwa

You must be logged in to post a comment Login