The agreement will see both organizations cooperate, where possible, on marketing activities, market research, training and exchanging information on technology and modernization.
“This signifies the beginning of a working relationship, and hopefully one that is long-term, where both parties benefit,” said Russell J. Held, the VPA’s deputy executive director of development. “Our goal with this MOU is to share operational best practices, jointly market our good service connectivity, take advantage of the U.S-Oman free trade agreement and drive investment and business growth on both ends of the supply chain.”
The Port of Salalah, located in southern Oman on the Arabian Sea, is one of the busiest transshipment ports in the world. The port, situated right on the major East – West shipping lanes offers access to the Middles East, Indian sub-continent, East Africa, the Indian Ocean and more than 2.5 billion consumers.
The agreement was signed by Held and Peter Ford, chief executive officer of the Port of Salalah, at a ceremony held at APM Terminals in Portsmouth.