Report Published: "Oman Freight Transport Report 2015"

From: Fast Market Research, Inc.
Published: Wed Dec 17 2014

Volumes handled on Oman's freight transport network are set to enjoy strong growth over the coming years. The sector will benefit not only from a rapidly growing economy, and consumer base, but also from sizeable investment. This will not only benefit the sector directly, through the construction of a new railway line, investment in airports, and new terminals at the country's ports, but will also develop industries heavily reliant on the freight network system. An example of this is Vale's iron ore pelletising plant at Sohar, which generates considerable traffic of dry bulk ships at the port of Sohar.

Full Report Details at

Headline Industry Data

* 2015 tonnage throughput at Salalah is forecast to reach 9.39mn tonnes on growth of 7.9%, with growth to average 7.6% to 2019.
* 2015 total tonnage throughput at Sohar is forecast to reach 59.38mn tonnes, year-on-year (y-o-y) growth of 12.3%. Growth over the medium term to average 11.8%, thanks in part to the transfer of operations from Sultan Qaboos.
* 2015 air freight volumes forecast to grow by 7.1% and to average 7.4% over the medium term to 2019.
* 2015 Oman total trade real growth is forecast at 3.9%, and set to average 1.2% to 2019.

Key Industry Trends

Oman Air Plans JV With Freight Operator: Oman's national carrier Oman Air plans to establish a joint venture (JV) with a global freight operator, according to a statement by Oman Air CEO Paul Gregorowitsch on September 28. An announcement about the JV will be made in the next six weeks, stated Gregorowitsch. The key focus of the airline's future strategy will be cargo operations, which are expected to get a boost after the unveiling of the expanded Muscat International Airport.

Solid International Interest Confirms Positive View: The overwhelming response to the prequalification process for Oman's railway first package confirms our positive stance on this infrastructure market. This follows a warm response by international firms to bid for the Quriyat desalination...

The Oman Freight Transport Report has been researched at source, and features latest-available data covering commercial transport and logistics by road, rail, air and water; industry forecasts, company rankings covering leading national and multinational operators; and analysis of latest industry trends, opportunities, projects and regulatory changes.

Business Monitor International (BMI)'s Oman Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Omani freight transport and logistics industry.

Key Benefits

* Benchmark BMI's independent freight transport industry forecasts on Oman to test other views - a key input for successful budgetary and planning in the strategic freight transport market.

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Company: Fast Market Research, Inc.
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