million this year, already surpassing
the total amount invested in 2018
- Oman Drydock Company
reached an organisation first,
servicing 19 ships in one day
- 52 million sqm Khazaen Economic
City open for business with
first international tenants
- 95 per cent on-time deliveries
from Oman Post and 85 per cent
positive customer feedback
- Projected 50 per cent year-on-year
growth in number of passengers
by Mwasalat. Achieved a historic
43000 riders in a single day
- National Ferries Company (NRC)
cost reductions of half a million
rials annually over the last five
years while reaching 81 per cent
Omanisation across the company
- Net profit is the highest to
date and forecasts sustained
growth in net profit beating
2018 actuals and 2019 plans
- Creates $100mn sustainable efficiency
improvements in its operations
- Outlines H2 plans for further
integration, expanded cargo
connectivity, growth through digital
transformation and development of
future leaders across the Group.
- The group plans to carry 1m TEUs
by 2023 through its shipping line.
- All the ports have ambitious
expansion plans
Looking forward to H2 2019, Al Hatmi
told participants, “Our strength as a
Group, which includes over a dozen
subsidiaries operating across the
maritime, port, shipping, transportation
and logistics sectors, comes from our
integration – sharing in each others’
progress to secure ASYAD and the
Sultanate’s position as a global logistics
leader. The upcoming rollout of our Hub
Project, connecting freight from ship to
last-mile shipment, is a great example of
how we are all working together to add
new capabilities across the value chain.
Oman Rail, a subsidiary of Asyad Group
said that it was keen to deliver the
Mineral Line project, a representative
of Oman Rail said. But it depends on a
number of factors including the local
economic environment. “We are looking
at Public-Private-Partnership (PPP) model
for the implementation of the project.
Another priority for us is the
digitisation of all services and the
adoption of new technologies such as
Big Data AI, IoT and blockchain into our
operations – ensuring that Asyad offers
one of the most competitive, advanced,
efficient and technologically-integrated
logistics solutions worldwide. Central
to all our achievements and plans are
our employees, which is why we are
implementing Group-wide initiatives
aimed at developing talent across Asyad
- with an initial focus on high-potential
(HiPo) employees.
Attacks on fuel tankers in the Gulf
of Oman has not had an impact on
the operations of Oman Shipping
Company, a representative of OSC
informed. Mark Geilenkirchen, CEO
of Port of Sohar, informed that there
was no impact on vessel movement
in and out of Port of Sohar. “I hope it
continues to remain calm.”
However, National Ferries Company,
which offers high speed ferry services
between numerous destinations along
the Omani coast, said its financials
have beenimpacted due to the ongoing
tensions. “We have seen a 36 per cent
variation in insurance premiums since
the tanker attacks in Gulf of Oman. This
has impacted our financials.”
