Latest news with #Asyad
Observer
12-05-2025
- Business
- Observer
Asyad Group adopts Global Impact Disclosure Framework
MUSCAT: Asyad Group announced the launch of its 'Global Impact Disclosure Framework', marking it as the first Omani company and second global logistics provider to disclose its sustainability impact through the global framework established by the Impact Disclosure Taskforce, in collaboration with J P Morgan's Development Finance Institution. As one of the first logistics providers in the region to adopt this advanced global framework, Asyad is setting new standards for evaluating the impact of its development projects in relation to the UN Sustainable Development Goals (SDGs). This disclosure bolsters global financial market confidence and catalysis more green investments in Oman. The launch was announced during Asyad Group's participation in the Oman Sustainability Week 2025, where Asyad was also awarded the Platinum Award in ESG, for the second consecutive year, in recognition of its leading role in embedding sustainability standards across its operations and their innovative green logistics solutions that contribute to Oman's Net-Zero 2050 goals. Essam al Sheibany, Vice President of Sustainability at Asyad Group, emphasised that this disclosure reflects the Group's deep commitment to sustainable development and effective governance, stating: 'We believe that transparency is the foundation of real progress. This framework provides clearer visibility into the environmental and social impact of our logistics investments, enabling stronger partnerships and reinforcing our role in shaping a low-emissions, future-ready logistics sector.
Muscat Daily
07-05-2025
- Business
- Muscat Daily
Asyad launches Sohar Max mega vessel with wind propulsion technology
Muscat – Asyad Group has announced the launch of its massive cargo vessel, Sohar Max, which utilises wind propulsion technology to achieve enhanced environmental efficiency. This ambitious initiative underscores Asyad's commitment to delivering innovative solutions that drive the maritime sector's transition to sustainability. By integrating wind propulsion technologies, the group aims to significantly reduce carbon emissions and lead the shift towards cleaner, more efficient energy sources in maritime operations. Sohar Max – with a carrying capacity of 400,000 tonnes – is fitted with five giant rotor sails, each 35 metres tall and 5 metres in diameter. These have been developed in collaboration with global leaders Vale and Anemoi Marine Technologies. The rotor sails capture wind energy through a physical principle that enhances vessel propulsion. Leveraging this advanced technology, the sails can reduce fuel consumption by up to 6%. In turn, this innovation cuts carbon emissions by 3,000 tonnes annually per vessel, positioning Sohar Max as a trailblazer in sustainable maritime shipping. The sails also feature advanced folding technology, developed by Anemoi, which allows them to fold horizontally during port manoeuvres or when passing under low-clearance structures such as bridges. This design provides exceptional operational flexibility, enabling smoother navigation and improving both cargo handling efficiency and overall vessel performance in diverse marine conditions. These forward-looking solutions align with Asyad Group's objective of striking a balance between environmental sustainability and high operational efficiency. Dr Ibrahim bin Bakheet al Nadhairi, CEO of Asyad Shipping, said, 'Today, we take a pioneering step towards building a sustainable future in maritime transport. The Sohar Max vessel serves as a model of innovative solutions that support Oman's target of achieving net-zero emissions by 2050. It minimises environmental impact while improving the efficiency of maritime operations. Wind propulsion technology offers a genuine opportunity to revolutionise the shipping sector by reducing emissions and enhancing the performance of large vessels. This project is a true testament to our commitment to sustainable innovation and marks a significant milestone in our journey towards a maritime future that balances economic growth with environmental preservation.' Nasser al Azri, CEO of Vale Oman, said, 'Equipping the Sohar Max with innovative wind propulsion technology is a landmark achievement in our partnership with Asyad Group. It reflects our commitment to developing eco-friendly logistics solutions that reduce carbon emissions and enhance the efficiency of global supply chains. Sohar Max is one of four ultra-large carriers – Sohar Max, Shinas Max, Liwa Max, and Saham Max – invested in by Vale to support our operations in Oman, with Sohar Max being the first to incorporate this advanced technology. We look forward to continuing our collaboration with Asyad to leverage Oman's strategic location and ambitious vision to establish its position as a global hub for sustainable logistics.'
Zawya
07-05-2025
- Business
- Zawya
Oman's Asyad announces feasibility study for drydock expansion
Asyad, Oman's integrated logistics provider, has invited consultants to conduct a feasibility study with necessary engineering for the expansion of the Asyad Drydock located at the Port of Duqm. The study aims to evaluate the berth arrangement and dock options in terms of economic feasibility, revenue generation, environmental impact and operational efficiency, according to the tender invite. 19 May 2025 is the last date for tender collection and 27th May is the last bid submission date. Asyad Drydock's 600,000 DWT (deadweight tonnage) vessel handling capacity stands fully utilised. In 2023 Asyad Drydock (formerly Oman Drydock Company LLC - a subsidiary of Asyad Group) added a floating dock capable of handling 40 more vessels increasing its capacity by 20 percent. Asyad drydock is also eyeing industrial manufacturing opportunities linked to mega green hydrogen schemes. An assessment to study the opportunities has been included under the broader port readiness study currently under tender process. (Writing by Sowmya Sundar; Editing by Anoop Menon) (
Observer
05-05-2025
- Business
- Observer
Strategic agreements will boost port, public transport infrastructure
Asyad Group reaffirmed its pivotal role in shaping the Sultanate of Oman's logistics future by participating in the Logistics Day 2025 organized by the Ministry of Transport, Communications, and Information Technology. During the event, Asyad presented a paper titled 'Asyad's Role in Empowering Oman's Logistics Sector: Growth, Resilience, and Opportunities,' highlighting the pillars of its comprehensive strategy to develop a globally connected logistics network, expand its footprint across international markets, empower local private-sector players, and unlock opportunities for Omani talent. The presentation also shed light on the Group's 2024 milestones: a pivotal year marked by its first international acquisition. Asyad Ports and Freezones signed an agreement with O Bunkring Company to deliver bunker fuel services at Sultan Qaboos Port, enhancing Oman's maritime readiness and attracting new commercial activities. SOHAR Port and Freezone signed three major agreements to support the development of its LNG terminal. The port partnered with WSP Middle East – Oman for engineering consultancy and project management services, Boskalis for dredging 3.8 million cubic meters of marine material, and Six Construct for constructing the LNG jetty and coastal protection infrastructure. SOHAR Port and Freezone also received national recognition at the Ministry's Logistics Best Practices Awards. The 'Marasi' Port Management System won first place in the Continuous Improvement and Innovation category after achieving 90% digitalization in maritime operations and reducing paperwork by 85% through smart operating tools. The port also secured second place in the Net Zero category for pioneering the use of biodiesel produced from recycled cooking oil, in marine tugboats, a first for any port in the Middle East. Mwasalat signed two strategic agreements. These included a first-and-last-mile service development initiative connecting micro-mobility to public transport in select higher education institutions, in Muscat and Salalah, in partnership with the University of Technology and Applied Sciences; and an agreement to develop an integrated public transport station in North Al Batinah in coordination with the Office of the Governor of North Al Batinah.
Zawya
05-05-2025
- Business
- Zawya
Oman: Strategic pacts to strengthen port infrastructure and expand services
Muscat: Asyad Group, global integrated logistics provider, reaffirmed its pivotal role in shaping the Sultanate of Oman's logistics future through its active participation in the Logistics Day 2025 organized by the Ministry of Transport, Communications, and Information Technology. The Group continues to deliver on its mandate to enhance Oman's global competitiveness, leveraging its integrated solutions, sustainable initiatives, and strategic partnerships to create a resilient, investor-friendly logistics ecosystem aligned with Oman Vision 2040. During the event, Asyad presented a paper titled 'Asyad's Role in Empowering Oman's Logistics Sector: Growth, Resilience, and Opportunities, ' highlighting the pillars of its comprehensive strategy to develop a globally connected logistics network, expand its footprint across international markets, empower local private-sector players, and unlock opportunities for Omani talent. The presentation also shed light on the Group's 2024 milestones: a pivotal year marked by its first international acquisition. This move expanded Asyad's operational presence to over 90 locations worldwide and underscored its sustained financial and operational growth driven by innovation and excellence. Further supporting port development and value-added services, Asyad Ports and Freezones signed an agreement with O Bunkering Company to deliver bunker fuel services at Sultan Qaboos Port, enhancing Oman's maritime readiness and attracting new commercial activities. Reinforcing its commitment to growth and innovation, SOHAR Port and Freezone signed three major agreements to support the development of its LNG terminal. The port partnered with WSP Middle East – Oman for engineering consultancy and project management services, Boskalis for dredging 3.8 million cubic meters of marine material, and Six Construct for constructing the LNG jetty and coastal protection infrastructure. SOHAR Port and Freezone also earned national recognition at the Ministry's Logistics Best Practices Awards. The 'Marasi' Port Management System won first place in the Continuous Improvement and Innovation category after achieving 90% digitalization in maritime operations and reducing paperwork by 85% through smart operating tools. The port also secured second place in the Net Zero category for pioneering the use of biodiesel produced from recycled cooking oil, in marine tugboats, a first for any port in the Middle East. Demonstrating its commitment to enhancing urban mobility integration, Mwasalat signed two strategic agreements. These included a first-and-last-mile service development initiative connecting micro-mobility to public transport in select higher education institutions Muscat and Salalah in partnership with the University of Technology and Applied Sciences; and an agreement to develop an integrated public transport station in North Al Batinah in coordination with the Office of the Governor of North Al Batinah. These efforts aim to boost urban mobility efficiency and contribute to broader sustainability objectives. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
