CMA CGM and Asyad Group Plan $400 Million Terminal at Oman's Sohar Port

According to a joint statement, French shipping giant CMA CGM and Oman's Asyad Group have signed a framework agreement to develop and operate a $400 million multipurpose logistics terminal at Sohar Port. The agreement was signed during a recent visit by Oman's Sultan Haitham bin Tariq to France. Sohar Port has emerged as a key alternative trade route in the Gulf region.
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