News / Antwerp port consortium signs port of Duqm concession

Antwerp port consortium signs port of Duqm concession

🕔 March 26, 2014
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Consortium Antwerp Port (CAP) has signed a formal concession agreement with the Sultanate of Oman to operate, develop and manage the Port of Duqm, one of the major ports in Oman located in the Arabian Sea

On the 29th of June 2009, the Omani government and CAP signed a first agreement to manage and operate Duqm port. The agreement was the outcome of a granting procedure organised by the Oman Government. CAP, a joint venture between Rent A Port (RAP) and Port of Antwerp International (PAI), was granted the contract due to its track record in port development, its engineering capacity, its willingness to co-invest in Duqm port's industrial land development and the excellent management expertise.

Back in 2009, the development of the Port of Duqm was not yet been completed and CAP controlled and supervised the final infrastructure works done by the consortium C.C.C. /STFA and Jan De Nul (Belgium). These were finalised in 2012 and are an example of top engineering..

This was the basis for the establishment of the Port of Duqm Company (PDC), a 50-50 Belgian-Omani joint venture between CAP and the Sultanate of Oman. With the agreement PDC has the overall responsibility for the further development, management and commercialisation of the Duqm Port facilities, including the industrial land zone for a period of 28 years.

CAP will develop general port activities with special emphasis on oil and gas which is due to the new port will be the gateway to the Gulf States. Not only does it lies on the main shipping routes between the Far East and Europe, but it will also enable ships to avoid the Strait of Hormuz.

Situated on the southeastern seaboard of the Sultanate of Oman, overlooking the Arabian Sea and the Indian Ocean beyond, Port of Duqm is fast becoming an important reality of the Middle East region's rapidly transforming maritime landscape. The new port is the masterpiece in the prestigious project of the Head of State, Sultan Qaboos, which also includes a state of the art industrial zone with rail, road, and water access.

Rent-A-Port is an engineering and investment company, specialized in the development of marine infrastructures and industrial zones. Its main shareholder is Ackermans & Van Haren (AvH), a stock market listed Belgian investment company.

Port of Antwerp International is a subsidiary of the Antwerp Port Authority and brings together the Port of Antwerp's 200 year expertise and know-how.



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