Port of Salalah reports 17% surge in general cargo

24/02/2026 06:24 AST

Port of Salalah, Oman's principal logistics hub on the Indian Ocean, reported a 17% surge in general cargo handled to a record 26.4 million tonnes in 2025, compared to 22.6 million tonnes in 2024.

The growth was driven by rising exports of industrial minerals, notably gypsum and limestone, said a report in WAM news agency.

The volumes are projected to climb further in 2026 on the back of multiple throughput-enhancement initiatives, said Braik bin Musallam al Amri, Chairman of the Board of Directors of Salalah Port Services Co SAOG.

"Against all challenges, the General Cargo Terminal achieved a record volume of 26.4 million metric tonnes", Al Amri said in the company's 2025 Annual Report.

"The growth was driven mainly by dry bulk - gypsum and limestone - where demand remains firmly on an upward trajectory," he said as quoted by Oman Observer.

On the container side, the port handled 4.3 million TEUs in 2025, up from approximately 3.3 million TEUs in 2024. This increase was supported by the launch of the Gemini Cooperation between Maersk and Hapag-Lloyd, positioning Salalah as a key global hub within the network.

The port also posted strong financial results in 2025, with consolidated revenue rising 28% year-on-year to RO89.4 million ($232.67 million). EBITDA climbed to RO27.8 million, lifting the margin to 31% from 22% in 2024, while net profit increased to RO7.3 million compared with RO2.3 million a year earlier.


Trade Arabia

News

Salalah Port sees volumes soar after terminal upgrade

26/08/2025

The Port of Salalah, operated and managed by Salalah Port Services Company (SPSC), recorded strong growth in container and cargo volumes during the first half of 2025.

The port's Container

Muscat Daily

Salalah Port welcomes eco-friendly container ships

24/04/2025

Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom

Times of Oman

Salalah Port Services Company's net profit declines 30%

08/10/2017

Salalah Port Services Company's (SPSC) net profit for the nine months period ended September 30, 2017 fell by 30 per cent to RO2.76mn from RO3.94mn in the same period of the previous year.

Muscat Daily

Most Viewed Companies

Ticker Price Volume

Valuation

SPSI Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
OQEP 0.45 -0.01 (-2.18%)
OTEL 1.41 -0.01 (-0.71%)
OQGN 0.22 -0.01 (-4.35%)
PHPC 0.23 -0.01 (-4.17%)
ABRJ 0.40 0.00 (0.00%)

Recent News

InvestGB expands access to private equity opportunities through partnership with CVC

22/06/2026

Gulf Capital Investment Company KSCC "InvestGB", the investment arm of Gulf Bank, announced the expansion of its private equity investment offering through its strategic partnership with CVC, structu

Kuwait Times

Al Ansari Financial Services reaches 1,000 UAE national employees milestone

22/06/2026

Al Ansari Financial Services (AAFS), a leading financial institution in the GCC, has reached a milestone of 1,000 UAE national employees across its businesses, reflecting one of the largest Emiratisa

Trade Arabia

Bank Nizwa backs landmark Oman India Fertiliser Company share sale

22/06/2026

Leading Omani bank Nizwa has joined the initial public offering (IPO) of Oman India Fertiliser Company (Omifco) as a collecting bank, expanding its involvement in the sultante's capital markets follo

Trade Arabia

Knowledge Economic City gets funding for Islamic World District project

19/06/2026

Knowledge Economic City has announced that it has secured a SAR150 million ($40 million) shariah-compliant financing facility from Saudi-based Riyad Bank to fund construction work on the first phase

Trade Arabia

e& plans world's first commercial U6GHz network in UAE

19/06/2026

e& UAE today announced it has awarded a contract to a strategic infrastructure partner to roll out the world's first commercial mobile network using Upper 6GHz (U6GHz) 256TRX Giga-MIMO technology. <

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap