Draft of Press Release for MOU with SASCO International 2017-05-07

Port of Salalah signed a MOU with SASCO International for Logistics Services to develop comprehensive logistics solution for the Yemen trade via Mazyunah. The MOU laying out the framework of cooperation was signed by Mr. David Gledhill (CEO) of Salalah Port Services Co. (SAOG) and Mr. Mohammed Thabit, the CEO of SASCO International for Logistics Services.

SASCO group, which is one of the leading companies in Yemen has set up an office in Salalah to offer logistics solutions for the growing trade to and from Yemen via Salalah. It has also recently laid the foundation stone for a dry port in Mazyunah Free Zone has attracted strong interest from a diverse group of investors.

The cooperation agreement with Port of Salalah aims at leveraging the network connectivity, transit time advantages available at Salalah and the expertise of SASCO to provide a compelling value proposition to the Yemeni trade.

David Gledhill, the CEO of Port of Salalah stated “Yemen is a strategic hinterland for Port of Salalah. We believe that the proximity and excellent connectivity combined with the dry port in Mazyunah can provide a very cost effective and efficient logistics chain for the trade to Yemen. Such cooperation will facilitate anchoring a wider customer base in Salalah and provide new business opportunities for local businesses. We continue to engage all the stakeholders to ensure a smooth supply chain for the Yemeni customers via Salalah.”

Port of Salalah is operated by APM Terminals as part of the APM Terminals Global Terminal Network, and APM Terminals holds a 30% share. The Port of Salalah is one of the biggest integrated ports in the region with a container capacity of 5 Million TEU, dry bulk capacity to 20 million MT and liquid bulk capacity to 6 million MT.