Consortium inks agreement to operate + develop Shinas port: A consortium of Omani and Indian firms has signed an agreement with Oman’s Transport, Communications, and Information Ministry to develop, manage, and operate Shinas Port, Oman News Agency (ONA) reports. The port focuses on aquaculture, livestock, and general agricultural trade, according to state-owned Asyad.
The details: The agreement will play out in three phases, with the first involving the creation of a committee to receive and hand over the project, ONA added. The second phase will start on 1 November and will involve the development, management, and operation of the port as well as developing a commercial and marketing strategy and an eight-month masterplan. The final stage will cover a 12-month period where planning for a 30-year port agreement will take place.
About QSS Maritime: QSS Maritime comprises Omani groups Quartet Solutions and Dunes Petroleum and Indian group SS Maritime Company as partners, and currently runs more than seven terminals across ports around the world, Oman News Agency writes.