APM Terminals operating concession of Salalah transhipment hub to end in 2028

APM Terminals is facing the prospect of losing control of the Omani deepsea transhipment hub of Salalah. Salalah Port Service Company announced it had “received formal notification from the Ministry of Transport, Communications and Information Technology, confirming that the existing concession agreements will not be extended beyond their contractual expiry date of 1 November 2028,” it said in a filing to the Muscat Stock Exchange. It added: “The notification further…

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