Panalpina broadens Middle East operations with new Oman office

By Rachelle Harry

International freight forwarding and logistics company Panalpina is set to open a new office in Muscat, Oman, in the third quarter of 2019.

Around 900,000 barrels of oil are produced in Oman each day and this accounts for approximately 80% of the country’s revenue. Panalpina’s presence in Oman will therefore present it with an opportunity to benefit from this lucrative market.

Oman also acts as a transhipment hub for Qatar, as Charles Francis, Panalpina’s country manager for Qatar, Kuwait and Oman, explains: “Oman has become a pivotal geographical location for cargo flows to and from Qatar. Unlike some of the Gulf Cooperation Council (GCC) countries, Oman has not introduced economic sanctions and its trade with Qatar has increased by more than three times since the embargo started two years ago.”

Panalpina recently completed the registration of Panalpina Oman with a minority shareholding partner, the Daoud Group – a well-respected, family-owned Omani business conglomerate. Although its operations in Oman were previously handled by an agent, Panalpina Oman will execute operations in the air freight, ocean freight and customs clearance sectors.

Share this story

Related Topics

Latest freight forwarder news

Saudia Cargo extends ULD partnership with Unilode

Unilode Aviation Solutions has announced the extension of its unit load device (ULD) management partnership with Saudia Cargo until 2028….

Read More

Share this story

CargoAi launches CO2 Efficiency Score

CargoAi has launched its CO2 Efficiency Score in response to growing market need for greater visibility on CO2 emissions. Within…

Read More

Share this story

VIDEO: AFA expects air cargo capacity challenges to continue

By Damian Brett

Brandon Fried, executive director, Airforwarders Association, tells Air Cargo News that capacity challenges in air cargo are set to be…

Read More

Share this story