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Asyad Group and CMA CGM to Develop US$400 Million Logistics Terminal in Sohar

Summary by Container News
Asyad Group and CMA CGM Group have signed a framework agreement to develop, manage and operate a new multipurpose logistics terminal in Sohar, Oman. The agreement was signed during the official visit of His Majesty Sultan Haitham bin Tarik to France. The partnership provides the framework for a US$400 million terminal project that aims to strengthen Oman’s position as a regional logistics hub and improve connectivity with global trade routes. Th…

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Reuters broke the news in New York, United States on Monday, June 29, 2026.
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