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Reading: OMR25mn Agreement Signed for Constructing Fuel Tanks at Shinas Port
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Gulf Press > Business > OMR25mn Agreement Signed for Constructing Fuel Tanks at Shinas Port
Business

OMR25mn Agreement Signed for Constructing Fuel Tanks at Shinas Port

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Last updated: 2024/11/12 at 2:06 PM
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The signing of an agreement between Shinas Port and Zuhoor Al Khaleej company is a significant development that will see the construction of fuel tanks and the management of supply and storage services. Valued at OMR25.60 million, the agreement includes the building of tanks with a total capacity of over 100,000 tonnes per litre. The agreement was signed by Abdulbaqi Ahmed Al Kindi, CEO of QSS Maritime, and Wahid Inat Mansour Yan, Chairman of the executing company’s Board of Directors.

According to Khater Ali Al Maamari, Executive Director of Shinas Port, this agreement is part of a strategic plan to expand business operations at the port. This includes the development of storage and fuel supply services, as well as providing tanks for various petroleum products. Al Maamari further stated that this step is aimed at enhancing commercial activities at the port, meeting the needs of adjacent areas, and increasing the port’s ability to attract more investments.

The construction of these fuel tanks and the management of supply and storage services are expected to have a positive impact on the overall operations of Shinas Port. By offering enhanced storage and fuel supply capabilities, the port will be able to better serve the needs of its customers and attract more business opportunities. This is in line with the port’s goal of expanding its services and attracting investments to boost its growth and development.

The agreement signed between Shinas Port and Zuhoor Al Khaleej company is a testament to the port’s commitment to growth and expansion. By investing in the construction of fuel tanks and the management of supply and storage services, the port is positioning itself as a key player in the region’s maritime industry. This will not only benefit the port itself but also the surrounding areas, as it will create new job opportunities and boost economic growth in the region.

The partnership between Shinas Port and Zuhoor Al Khaleej company is a testament to the port’s strong position in the maritime industry. With a focus on expanding business operations and developing new services, the port is well-positioned to attract more investments and enhance its role in the region. This agreement marks a new chapter in the port’s growth and development, and it is a sign of the port’s commitment to excellence and innovation in the industry.

Overall, the agreement signed between Shinas Port and Zuhoor Al Khaleej company is a significant development that will have a positive impact on the port’s operations and the region’s economy. By investing in the construction of fuel tanks and the management of supply and storage services, the port is taking steps to enhance its capabilities and attract more business opportunities. This strategic move is expected to drive growth and development at the port and create new opportunities for economic prosperity in the region.

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News Room November 12, 2024
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