Trescorp to Launch New Terminal in Sohar Port

In anticipation of the significant growth in petroleum trading in the Gulf Cooperation Council (GCC) region, Singapore-based Trescorp is to launch a new 45-hectare terminal in Sohar Port with an investment of $600 million.

According to the announcement, the new facility will feature six deep-water berths, with 25 meter drafts, one of them capable of receiving VLCC oil tankers of up to 320,000dwt – so-called supertankers.

The new terminal will occupy space in Sohar Port South, a recently announced land reclamation project designed to create more space for industry at the fast growing Omani hub.

In its first phase, the terminal will be equipped to receive, store and blend crude oil, fuel oil and diesel. Expansion plans for phase two include gasoline blending, jet fuel, asphalt and a lube oil blending plant.

Construction of phase-one will start next year, with an initial storage capacity of 600,000m³, while future expansion plans will take the total storage capacity up to 1.8 million m³.

According to the company, construction of the facilities will be privately funded with initial investments for phase one estimated at $187 million and the operations are set to begin by 2020.

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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