OMAN's largest seaport the Port of Salalah handled 3.34 million TEU during the first nine months of the year, a 4 per cent increase on the 3.22 million TEU that went through the port in the same period in 2020.
Salalah Port Services Company (SPSC), which operates and manages Port of Salalah, also announced that the port handled 12.72 million tonnes of general cargo during the first nine months of 2021 as compared to 10.84 million tonnes in the same period of 2020, reports the Muscat Daily.
According to Port of Salalah shipping rates are expected to remain high in the near term despite major shipping lines declaring a cap on spot rates. "However, the shipping lines have been under pressure by regulators of certain governments to reduce the rates to improve the economic outlook as supply chain disruption is being identified as a significant bottleneck to the economic recovery," the company said.
On container business, importers and exporters based in Salalah are also facing the pressure of higher freight rates and non-availability of equipment as in other parts of the world which is expected to impact the gate volume in the fourth quarter of this year, SPSC said.
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