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Asyad

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AYSAD Group
PredecessorOman Global Logistics Group
HeadquartersMuscat , Oman
Location
  • Oman
ProductsContainer line service, freight forwarding, cold chain, warehousing, e-commerce fulfillment, express, and last-mile delivery.
Websiteasyad.om

Asyad Group is Oman`s integrated logistics service provider based in Muscat. As a USD 4 billion enterprise and backed by an initial USD 20 billion in government infrastructure spending, the Group  provides logistics solutions across its container line service, freight forwarding, cold chain, warehousing, e-commerce fulfillment, express, and last-mile delivery. The Group connects global markets to Oman through three deep ports, one dry port, two free zones and an economic zone supported by Oman’s five airports (Muscat International Airport, Salalah International Airport, Sohar International Airport, Duqm Airport and Khasab Airport) and road network. In addition, Asyad operates full maritime services with a 2,800-meter quay drydock based at the Port of Duqm and a fleet of more than 60 vessels, supported by sea transport network that connects Oman to key ports across the region and the globe.[1]

Background and History[edit]

Asyad Group was established in 2016 by the Ministry of Transport and Communications to bring all its logistics assets under one company. The Group's stated mission is to position Oman as a logistics hub.[2][3]

The group is based in Muscat, the capital city of Oman .[4]

Asyad Shipping[edit]

Asyad Shipping (Oman Shipping Company S.A.O.C ) (OSC), a member of Asyad Group, was launched by the Omani government.

The company operates a fleet of over 60 vessels with a total deadweight capacity (DWT) of 9.7 million. This includes Very Large Crude Carriers (VLCCs), Product Tankers, LNG carriers, Chemical carriers, LPG Tankers, Very Large Ore Carriers (VLOCs) and Dry Bulk carriers as well as various regional container line services.[5]

Asyad Drydock[edit]

Asyad Drydock (Oman Drydock Company) is based at the Port of Duqm. The Drydock is 9-10 meters, with capacity of 600,000 DWT, land yard of 1,277,000 square meters and sea yard of 1,139,000 square meters. The Drydock offers ship repair and conversions, offshore repair and conversion, on voyage and port repair services and new building services. According to the OER, Asyad Drydock is "among the best facilities of its kind boasting two dry docks, 14 cranes covering an area of 2.8kms, and modern workshops and ship repair equipment".[6]

Ports[edit]

Asyad Group operates three main ports, Salalah, Sohar and Duqm. The Business Gateway highlighted that "Omani ports are linked to 86 commercial ports in more than 40 countries and have 200 direct weekly trips for export and import."[7]

In addition; according to the Oxford Business Group " vessels that call at Omani ports can save up to four days in transit time – reducing fuel costs by up to $250,000 per trip".[8]

Forbes Middle East stated that, "In 2020, more than 9,000 vessels calling on Asyad ports. The small and medium ports processed about 54 million tons of general cargo and witnessed rises in liquid bulk and container volumes, as well as a nearly 40% increase in livestock imports. Across the Asyad ports also, 90% of shipments clear customs within an hour of arrival, while only 2.5% of goods need to be inspected".[9]

Port of Salalah[edit]

Port of Salalah is a container terminal operator. The port is managed and operated by Salalah Port Services Company, a joint venture between Asyad and APM Terminals. Its mainly used an access point to the Middle East, Indian subcontinent and East Africa. The port features a container terminal with seven berths of up to 18m draft and a general cargo terminal (GCT) featuring 11 berths with draft of up to 16m.[10]

Port of Sohar[edit]

Port of Sohar is managed by Sohar Industrial Port Company (SIPC), a 50:50 joint venture between the Sultanate of Oman and the Port of Rotterdam. It is 25m depth and able to handle more than 1 million metric tons of sea cargo each week.[11]  

Port of Duqm[edit]

A 50:50 joint venture between Government of Oman and Consortium Port of Antwerp and integrated in the Special Economic Zone at Duqm (SEZAD). It is a multipurpose commercial port. It has multipurpose, container, dry bulk, navy, and RORO terminals. It has an area of 170 sq kilometers, a swinging basin of 18 meters and a channel depth of 19 meters.[12]

Free Zones & Economic Zones[edit]

Asyad Group includes two free zones, the free zones in Salalah and Sohar, and an economic zone, Khazaen Economic City – situated near Barka, outside Oman's capital city Muscat. The free zones are located on the East-West Shipping Lane.[13]

Sohar Free Zone[edit]

The 45-sq-km free zone was established in 2002 and is located adjacent to Sohar Port. The zone houses 26 companies, including automotive traders, metal manufacturers and logistics firms. There are also a number of small and medium-sized enterprises (SMEs) operating from the zone across different industries, including power and water, petrochemicals, plastics, metals, fertilisers, minerals, food, vehicles and general cargo handling.[14]

Salalah Free Zone[edit]

The free zone was established in 2016 and it is 21 sq.km. The Zone houses a number of sectors, including petrochemicals, materials processing, manufacturing, pharmaceuticals, logistics and distribution. Salalah Free Zone serves as a Stop Shop for all investors services and requirements.[15]

Khazaen Economic City[edit]

Khazaen is an integrated economic city located in Barka with an area of 51.6 sq KM. The City has free zones, light & medium industries, repairs, maintenance, packaging, assembly, manufacturing and worker villages. It also attracts local, regional and international corporate offices, banks, legal, finance, IT parks and other businesses services. The City also provides logistics and warehousing services such as, dry port, retail warehousing, food stores, cold storage, building materials, distribution, bulk handling, freight forwarding.[16][not in citation given]

Postal & Express Services[edit]

Oman Post and Asyad Express offers logistics services worldwide. In addition to postal services, traditional and virtual P. O. Boxes, the company provides e-Post service and e-Commerce delivery services locally and globally, with more than 677,000 post offices in 220 countries.[17]

International Awards[edit]

In 2021, Asyad Group ranks 4th amongst the 10 Biggest Logistics Companies in MENA by Forbes Middle East.[18] The Maritime Standards also announced Asyad Shipping as the Bulk Shipping Company of the Year in 2021[19]

References[edit]

  1. Nair, Vinod (June 4, 2017). "Oman Global Logistics Group Launches New Brand Identity". Oman Observer. Retrieved 5 August 2021.
  2. Oxford Business Group. "New holding company in Oman moves to consolidate transport management and find new efficiencies". oxfordbusinessgroup.com. Oxford Business Group. Retrieved 5 August 2021.
  3. "Members of Asyad Group". IRU org. Unknown parameter |url-status= ignored (help)
  4. Raj, Midhun (June 16, 2021). "Ports of Oman". Oman Observor. Retrieved December 2, 2021. Unknown parameter |url-status= ignored (help)
  5. Al Sayegh, Hadeel (July 5, 2021). "Omani transport group Asyad weighs strategic stake sale in shipping unit -sources". Reuters. Retrieved December 2, 2021.
  6. Thomas, Alvin (November 11, 2021). "Duqm Dry Dock Poses As Strong Competitor In The MENA Region". OER Live. Unknown parameter |url-status= ignored (help)
  7. Oman, Observor (11 October 2020). "New shipping line to link Omani ports with Iraq". Business Gateways. Retrieved December 2, 2021.
  8. "Abdulrahman Al Hatmi, CEO, Oman Global Logistics Group (ASYAD): Interview". Oxford Business Group. 2020-01-29. Retrieved 2021-12-02.
  9. East, Forbes Middle. "Abdulrahman Salim Al Hatmi, ASYAD Group CEO, Is Making Oman A Global Logistics Hub". Forbes ME. Retrieved 2021-12-02.
  10. "Port of Salalah Expansion - Ship Technology". www.ship-technology.com. Retrieved 2021-12-02.
  11. "SOHAR Port and Freezone". GPCA. 2020-07-12. Retrieved 2021-12-02.
  12. "StackPath". www.oerlive.com. Retrieved 2021-12-02.
  13. "Oman transport investments aimed at facilitating economic growth". Oxford Business Group. 2020-01-29. Retrieved 2021-12-02.
  14. "Oman transport investments aimed at facilitating economic growth". Oxford Business Group. 2020-01-29. Retrieved 2021-12-02.
  15. https://www.forbesmiddleeastmagazine.com/magazines/2021/08/english.pdf[bare URL PDF]
  16. ONA. "Khazaen signs major agreements with Salalah Mills and Al Hilal Industrial Group". Times of Oman. Retrieved 2021-12-02.
  17. Times News Service. "Oman Post and Asyad Express highlights future of automation in eCommerce fulfilment". Times of Oman. Retrieved 2021-12-02.
  18. Mughal, Waqar. "Asyad Group - 10 Biggest Logistics Companies In MENA". Forbes Lists. Retrieved 2021-12-02.
  19. admin (2021-12-01). "The Maritime Standard Awards showcases excellence across the industry - Latest Maritime & Shipping News Online - The Maritime Standard The Maritime Standard Awards showcases excellence across the industry". Latest Maritime & Shipping News Online - The Maritime Standard. Retrieved 2021-12-02.


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