26/08/2025 04:55 AST

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 Terminal handled 2.03mn TEUs (twenty-foot equivalent units) between January and June 2025, compared with 1.68mn TEUs in the corresponding period last year, marking a sharp increase of 21%.

'Container terminal throughput growth was driven by a higher number of vessel calls following the successful completion of the terminal upgrade and the phasing-in of all Gemini proforma services by Maersk and Hapag-Lloyd,' SPSC said in its financial report submitted to the Muscat Stock Exchange.

The General Cargo Terminal handled 12.91mn metric tonnes during the six-month period to June 2025, compared with 11.66mn metric tonnes a year earlier, representing growth of 11%.

'The increase in general cargo volumes was driven by higher exports of dry bulk cargo,' SPSC noted.

Following the successful completion of its container terminal upgrade project, the Port of Salalah reported a steady recovery in trans-shipment volumes. The infrastructure enhancements have significantly boosted the port's handling capacity from 4.5mn TEUs to 6mn TEUs, representing an expansion of 1.5mn TEUs.

'The Gemini network has played a pivotal role in supporting this positive trajectory, further solidifying the Port of Salalah's position as a premier regional trans-shipment hub. While these developments have driven stable growth, we acknowledge that ongoing Red Sea operational challenges have temporarily affected our ability to consistently achieve monthly volume targets. This capacity expansion positions us well for future growth as market conditions stabilise, ensuring we remain competitive in the regional shipping landscape,' SPSC said.

In parallel with container operations, general cargo volumes continued to demonstrate sustained growth, operating close to current capacity limits. 'This positive trajectory necessitates focused investment in equipment upgrades and infrastructure enhancements to maintain service quality and support future expansion,' the company added.

Dry bulk volumes - particularly gypsum exports - have shown consistent growth, reinforcing the Port of Salalah's position as the region's premier gypsum export hub. This specialisation complements the port's diversified cargo portfolio while creating operational synergies across terminal assets.

SPSC's consolidated revenue from operations for the first half of 2025 rose by 21% to RO42.42mn, up from RO35.04mn in the same period of 2024. The company's consolidated net profit increased to RO2.48mn, compared with RO1.57mn a year earlier.

SPSC also highlighted progress in expanding its value-added services portfolio, particularly for container shipping lines, including container repair, twist-lock services, and reefer parts inventory management.

'As part of our strategic transformation, SPSC is evolving into an integrated trade and logistics facilitator, actively enabling investment opportunities and addressing sector-specific challenges. This expanded role strengthens our position as a regional economic catalyst while creating new value streams,' the company stated.


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

Plans for Phase 3 expansion of Salalah Port in Oman

16/08/2015

MUSCAT: Aug : Three new container berths, new government berths, dedicated cruise terminal, expanded breakwater arms, and a new approach channel are part of an ambitious package of works envisaged fo

Oman Daily Observer

Ticker Price Volume
SPSI Sector Market
P/E
Price/BookValue
Dividend Yield (%)
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
Ticker Price Change
OQEP 0.38 -0.01 (-2.57%)
OQGN 0.20 0.00 (0.00%)
OTEL 1.07 0.00 (0.00%)
ABRJ 0.32 -0.01 (-3.04%)
PHPC 0.15 0.00 (0.00%)
Visa partners with Aldar to complete first end to end voice-enabled agentic payment in the region

22/12/2025

Visa and Aldar have announced a strategic collaboration that marks the first live implementation of Visa Intelligent Commerce in the region, introducing end-to-end, voice-enabled agentic payment expe

Khaleej Times

NBB signs deal with Procural to boost digital procurement capabilities

22/12/2025

The National Bank of Bahrain (NBB) has signed a strategic agreement with Procural, a Bahrain-based digital procurement and tendering platform.

The collaboration supports NBB's ongoing digita

Trade Arabia

Basrec partners with Lumofy to build future-ready workforce

22/12/2025

Bahrain Ship Repairing & Engineering Company (BASREC) has signed a strategic agreement with Lumofy, an AI-powered talent development and competency management platform, as part of its commitment to a

Trade Arabia

Burjeel Holdings appoints Dr Shamsheer Vayalil as CEO too

22/12/2025

Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has announced that its Board of Directors has approved the appointment of Dr Shamsheer Vayalil as Chief Executive Off

Trade Arabia

Alba contains industrial fire safely

22/12/2025

Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has swiftly contained an industrial fire that broke out at a power rectiformer in the morning of December 19, a company st

Trade Arabia