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Oman officially called the Sultanate of Oman is an Arabstate in southwest Asia on the southeast coast of the Arabian Peninsula. It is bordered by the United Arab Emirates (UAE) to the northwest,Saudi Arabia to the west, and Yemen to the southwest. The coast is formed by the Arabian Sea on the southeast and the Gulf of Oman on the northeast. The Madha and Musandam enclaves are surrounded by the UAE on their land borders, with the Strait of Hormuz and Gulf of Oman forming Musandam's coastal boundaries.
For a period, Oman was a moderate regional power, formerly having a sultanate extending across the Strait of Hormuz to Iran, and modern day Pakistan, and far south to Zanzibar on the coast of south-east Africa. Over time, as its power declined, the sultanate came under heavy influence from the United Kingdom, though Oman was never formally part of the British Empire, or a British protectorate. Oman has long-standing military and political ties with the United Kingdom and the United States, although it maintains an independent foreign policy.
Oman is an absolute monarchy in which the Sultan of Oman exercises ultimate authority but its parliament has some legislative and oversight powers. In November 2010, the United Nations Development Programme (UNDP) listed Oman, from among 135 countries worldwide, as the nation most-improved during the preceding 40 years. According to international indices, Oman is one of the most developed and stable countries in the Arab world.
Tue, 27 Jan 2015 03:33:32 -0800
C. Steinweg Oman, operator of the multipurpose cargo terminal at SOHAR Port and Freezone, has bolstered its ground handling capacity following the arrival of a 100Mton lifting capacity Gottwald HMK 6407 crane today. With the new arrival – delivered by ...
Arabian Supply Chain
Mon, 26 Jan 2015 01:22:10 -0800
Berthing delays and inland slowdowns at Oman International Container Terminal (OICT) following last year's relocation of all cargo operations from Muscat to Sohar led to the imposition of emergency surcharges by several ocean carriers, including Maersk ...
Mon, 26 Jan 2015 05:07:30 -0800
26, with bids valid until Jan. 29. It also re-issued a tender for a March 1-6 cargo. The Russian producer sold a Feb. 28-March 5 cargo to JX at about $2.60 a barrel above Dubai quotes and a March 10-15 cargo to Unipec at a premium of $2.30-$2.40 a barrel.
Tue, 27 Jan 2015 23:07:30 -0800
Values of other liquid grades like Abu Dhabi's Murban and Upper Zakum, Iraq's Basrah Light and Oman crude have also gained as some refiners, buoyed by improving margins and low OSPs, have been more willing to pay top differentials demanded by ...
Tue, 27 Jan 2015 11:07:30 -0800
... as the number of ships and the volume of cargo handled at its terminal continues to grow. Demand for project and break bulk is expected to increase in line with investment in major road and rail projects in Oman and the additional capacity will be ...
Tue, 27 Jan 2015 07:22:30 -0800
"2014 was dominated by the shift of cargo from Muscat to Sohar. We have had serious challenges to overcome. We, as well as the shipping fraternity, already see the synergies offered by this shift -- at least from the shipping lines' perspective. Aside ...
Mon, 12 Jan 2015 15:15:00 -0800
A new passenger terminal able to accommodate 500,000 people per annum, a 37-meter high air traffic control tower and an air cargo terminal able to handle 25,000 tonnes of cargo per annum will be built at Duqum Airport in Oman. L&T Oman, a subsidiary of ...
Sun, 25 Jan 2015 19:22:30 -0800
At that time the port was very congested as cargo loading and unloading used to take place there. But now the port is very safe and there is a lot of space to move around. So, this is a unique opportunity for the residents in Muscat to witness such a ...
Times of Oman