Oiling up for business in Oman
The international freight forwarding and logistics company Panalpina is establishing its presence in Oman, leveraging the company’s long-standing experience in project solutions and the energy sector to support the country’s burgeoning economic and infrastructural growth.
Panalpina Oman expects to open its office in the capital Muscat by the end of the third quarter of 2019. Oman also has distinct advantages 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’s operations in Oman were previously handled by an agent. Panalpina Oman will now cover core activities such as air freight, ocean freight and customs clearance. (mw)