Latest news with #OmanMaritime
Zawya
30-04-2025
- Business
- Zawya
Oman gearing up for energy transition and maritime sector decarbonisation
MUSCAT: The Sultanate of Oman is positioning itself as a key player in the global energy transition, as well as the decarbonisation of the maritime sector, according to a senior official. Speaking during the first edition of the Oman Maritime, Ports and Energy Forum held here on Tuesday, April 29, 2025, Muhanna Moosa Baqer, Director General of Ports and Marine Affairs at the Ministry of Transport, Communication and Information Technology, said: 'The world is on the cusp of a profound energy revolution, and Oman is intent on realizing its potential to catalyze the changes required.' According to Baqer, the maritime logistics sector plays a dual role in both facilitating and driving the energy transition. 'Shipping and ports are both the drivers and facilitators of the energy transition across the globe. Shipping will increasingly transport cargo such as LNG, hydrogen, ammonia, and CO2 to all corners of the world, and the industry is a lynchpin in the development of this new and exciting global supply chain infrastructure,' he said. In addition to transporting new energy resources, the sector will also become a consumer of alternative low and zero carbon marine fuels, said Baqer. 'As well as transporting new energy sources, shipping will be consumers of this energy, using alternative low and zero-carbon marine fuels to propel the global merchant fleet. Additionally, he shared that ports will become vital energy hubs and 'gateways for the import, export, and storage of low-carbon and renewable energy', while also supporting a developing bunkering sector for alternative marine fuels. This evolving role of the maritime sector comes amid increasing global pressure to decarbonise the sector. 'Shipping and ports have a huge responsibility for the successful delivery of decarbonization on a national and global basis. To facilitate this, we are seeing the introduction of a raft of national, regional, and global environmental regulations, which together set out ambitious targets for the decarbonization of shipping and ports, which will also accelerate the pace of the energy transition.' A major example, according to Baqer, is the International Maritime Organization's proposed Net Zero Framework, which aims to set mandatory emissions limits and introduce carbon pricing across the shipping sector. 'If adopted, they would enter into force in 2027, and the IMO's Net Zero Framework will be the first in the world to combine mandatory emissions limits and GHG pricing across an entire industry sector. So, the world is on the cusp of a profound energy revolution, and Oman is intent on realizing its potential to catalyze the changes required.' Consequently, Oman's port and maritime sectors are actively evolving to meet future demands, he said. 'The country's maritime and port sectors are focused on developing cutting-edge logistics excellence in tandem with meeting the requirements of environmental sustainability and stewardship.' Additionally, he shed light on the intersecting role Oman plays in both maritime trade and the energy transition. 'Oman also has a leading and proactive role to play as a key producer of renewable energy. A very recent example of this is the agreement to establish the world's first liquid hydrogen import corridor, which will connect the Port of Duqm, the Port of Amsterdam, and key logistics hubs in Germany.' Concluding his remarks, Baqer noted that the Oman's maritime sector is ready for the change. 'Oman's maritime, boats, and bunkering sectors are building on their heritage and preparing to catalyze the change.'
Observer
29-04-2025
- Business
- Observer
Oman gearing up for energy transition and maritime sector decarbonisation
MUSCAT: The Sultanate of Oman is positioning itself as a key player in the global energy transition, as well as the decarbonisation of the maritime sector, according to a senior official. Speaking during the first edition of the Oman Maritime, Ports and Energy Forum held here on Tuesday, April 29, 2025, Muhanna Moosa Baqer, Director General of Ports and Marine Affairs at the Ministry of Transport, Communication and Information Technology, said: 'The world is on the cusp of a profound energy revolution, and Oman is intent on realizing its potential to catalyze the changes required.' According to Baqer, the maritime logistics sector plays a dual role in both facilitating and driving the energy transition. 'Shipping and ports are both the drivers and facilitators of the energy transition across the globe. Shipping will increasingly transport cargo such as LNG, hydrogen, ammonia, and CO2 to all corners of the world, and the industry is a lynchpin in the development of this new and exciting global supply chain infrastructure,' he said. In addition to transporting new energy resources, the sector will also become a consumer of alternative low and zero carbon marine fuels, said Baqer. 'As well as transporting new energy sources, shipping will be consumers of this energy, using alternative low and zero-carbon marine fuels to propel the global merchant fleet. Additionally, he shared that ports will become vital energy hubs and 'gateways for the import, export, and storage of low-carbon and renewable energy', while also supporting a developing bunkering sector for alternative marine fuels. This evolving role of the maritime sector comes amid increasing global pressure to decarbonise the sector. 'Shipping and ports have a huge responsibility for the successful delivery of decarbonization on a national and global basis. To facilitate this, we are seeing the introduction of a raft of national, regional, and global environmental regulations, which together set out ambitious targets for the decarbonization of shipping and ports, which will also accelerate the pace of the energy transition.' A major example, according to Baqer, is the International Maritime Organization's proposed Net Zero Framework, which aims to set mandatory emissions limits and introduce carbon pricing across the shipping sector. 'If adopted, they would enter into force in 2027, and the IMO's Net Zero Framework will be the first in the world to combine mandatory emissions limits and GHG pricing across an entire industry sector. So, the world is on the cusp of a profound energy revolution, and Oman is intent on realizing its potential to catalyze the changes required.' Consequently, Oman's port and maritime sectors are actively evolving to meet future demands, he said. 'The country's maritime and port sectors are focused on developing cutting-edge logistics excellence in tandem with meeting the requirements of environmental sustainability and stewardship.' Additionally, he shed light on the intersecting role Oman plays in both maritime trade and the energy transition. 'Oman also has a leading and proactive role to play as a key producer of renewable energy. A very recent example of this is the agreement to establish the world's first liquid hydrogen import corridor, which will connect the Port of Duqm, the Port of Amsterdam, and key logistics hubs in Germany.' Concluding his remarks, Baqer noted that the Oman's maritime sector is ready for the change. 'Oman's maritime, boats, and bunkering sectors are building on their heritage and preparing to catalyze the change.'
Times of Oman
29-04-2025
- Business
- Times of Oman
Oman Maritime, Ports, Energy Forum kicks off
Muscat: Oman Maritime, Ports, and Energy Forum kicked off on Tuesday with a wide participation from government and private entities, alongside experts and representatives from international and regional institutions specialising in ports, energy, shipping, and maritime logistics sectors. The inauguration ceremony was held under the auspices of Eng. Said Hamoud Al Maawali, Minister of Transport, Communications and Information Technology. The forum aims to highlight Oman's position as an integrated regional hub connecting global port, energy, and maritime service systems. It also focuses on showcasing pioneering experiences in addressing challenges and opportunities arising from global trade shifts and technological advancements. Reflecting its importance as an international platform for exchanging insights and expertise, the forum sees a wide participation from over 200 participants representing around 70 leading global institutions in the ports and energy sectors. Its program includes seven specialized papers addressing key innovations and challenges in the energy and ports sectors, along with topics on digital transformation and investment in national talents. Asyad Group, the strategic partner, is taking center stage at the forum showcasing its advanced solutions in ports, maritime transport, clean energy, and smart logistics services, reinforcing Oman's position as a global provider of integrated logistics services. The group will also showcase its strategic partnerships with different international organizations in the sustainability sector, including innovative projects for generating clean energy using wave power in Sohar and Duqm, as well as investments in green hydrogen, supporting the transition towards a sustainable energy future. The forum comes as Asyad Group continues to enhance its global presence as a leading provider of integrated logistics solutions through tangible achievements and strategic investments in 2024. These achievements include increased handling of general and liquid cargo, as well as container volumes, outstanding operational performance in shipping and dry dock services, and a reduction in carbon emissions from its maritime fleet. This reflects the group's firm commitment to transitioning to clean energy and reducing the environmental impact of its operations, in line with the goal of achieving carbon neutrality by 2050. Asyad Group was ranked fourth as the largest sustainable transport and logistics company in the region according to the Middle East and North Africa Sustainability Leaders list by Forbes Middle East. Additionally, Salalah Port was ranked as the second-best global port in container handling efficiency over the past three years. The group also ranked 18th globally in crude oil tanker ownership, 21st in LNG and oil transport, and 51st in container transport, highlighting its efforts and pursuit of excellence by adopting global technologies and practices across its business units. Commenting on the forum and Asyad Group's participation, Omar Mahmoud Al Mahrazi, CEO of Asyad Ports and Free Zones, emphasized the Group's strategic partnership with the forum embodying its commitment to realizing Oman's vision for developing the maritime and logistics ecosystem. He noted that the forum serves as an important platform for exchanging expertise and discussing key challenges and future opportunities amid rapid global transformations. Lesley Bankes-Hughes, Managing Director of said: 'This important event highlights Oman's leadership and innovation in the maritime and energy sectors. We hope the conversations that begin this week will continue long after the Forum and will lead to new and fruitful collaborations between Omani and international companies.' The forum's program includes a series of panel discussions covering the prospects of energy in the Middle East, the development of port infrastructure, changes in the marine fuel market, and topics on innovation, growth, partnerships, and building national workforce capacities. A specialized workshop on marine fuel measurement technologies and the role of digital solutions in improving operational and commercial efficiency in fuel supply chains was held yesterday on the sidelines of the forum. The forum will conclude with a visit to the fuel supply ship "Margherita Cosulich," equipped with mass flow meters, providing participants with a practical and interactive experience that combines knowledge exchange and exposure to the latest technological innovations in the maritime sector. This extensive international presence and close cooperation between the organizing entity ( and Asyad Group underscore the forum's significance as a platform highlighting Oman's pivotal role in the future of the energy and shipping sectors, opening new horizons for investment and partnership, thereby enhancing its competitiveness on the global economic map.
Observer
07-04-2025
- Business
- Observer
Oman Maritime, Ports & Energy Forum from April 28
Muscat: Ship. energy has announced that the Oman Maritime, Ports and Energy Forum ( OMPEF 25) will take place in the presence of Eng. Said Bin Hamood bin Said al Maawali, Minister of Transport, Communications and Information Technology (MTCIT). The forum offers maritime stakeholders a unique opportunity to learn first-hand about the resources and expertise available across Oman's maritime and energy sectors and to discuss the country's proactive response to evolving global commodity flows, technological change, global environmental regulation, and the imperative of decarbonisation. OMPEF 25 will also enable companies from outside the region to find out more about the potential and scope for business opportunities, investment and partnerships, to engage with relevant Omani firms and organisations, and begin all-important commercial discussions. Speakers will also offer global perspectives on the major issues impacting the shipping and port sectors, and the Forum will provide a platform for discussion on how these sectors can adapt and evolve to make the most of the commercial, technology and operational opportunities on the horizon. Lesley Bankes-Hughes, managing director, said, 'We are honoured that the Forum has received the patronage of H.E., the Minister of Transport, Communications and Information Technology. 'I would like to express my deep thanks for this valued support of the inaugural Forum, and we look forward to working with Omani and international stakeholders to deliver a timely, informative and top-level event that focusses on Oman's pivotal role in the shipping and ports sectors and the global energy transition.' At the conference, industry experts and leaders will offer their insights into these key focus areas: Market dynamics: The outlook for Middle East energy sectors. Seizing new commercial opportunities: The evolution of port infrastructure. Dynamic positioning: How bunkering is adapting to market changes and challenges. Catalysing change: The use of global and regional regulatory drivers for the decarbonisation of shipping and ports. The transformative power of data: The evolving role of digitalisation in shipping and bunkering. Energy powerhouse: Oman's pivotal role in maritime energy transition. Business to business: Fostering innovation, growth and partnerships. Capacity building: Supply chain logistics and workforce resilience. Future-proofing: Harnessing AI in the maritime logistics and energy sectors. is working with Asyad Group, its strategic partner in Oman, on the delivery of the forum and is also collaborating with sponsors, Sohar Port and Freezone, TFG Marine, Oman Oil Marketing Company, Metcore International, TotalEnergies, GTT, and Khimji Ramdas.
