First shipping line between Oman and Iraq launched
Asyad Group has inaugurated the first shipping line to connect three Omani ports – Salalah, Duqm and Sohar – to Iraq’s Umm Qasr Port.
This new direct shipping line, which will start operating a weekly trip to Iraq’s Umm Qasr Port, affirms Oman’s well-established position as a logistics hub and will shore up direct export-import of goods from their countries of origin.
'This notable move bolsters Asyad Group’s efforts to expand the maritime transport network between Oman and the world; facilitate cross-regional trade; boost direct export- import and provide logistics solutions to its customers,' Asyad Group said in a statement to Oman News Agency.
The newly introduced direct line not only will increase the volume of intra-regional trade, but it will also open up new investment prospects between Oman and Iraq.
In addition to enhancing both countries’ re-export capabilities, the new direct operations between Omani ports and Umm Qasr Port will provide various options to businessmen, exporters, importers, and shipping agents for exporting Omani products and importing Iraqi commodities.