Tristar acquires land in the Port of Duqm
Tristar Group acquires land for logistics operations in the Port of Duqm
Move is part of the strategy to expand into the Sultanate of Oman
Tristar Group, the global integrated energy logistics company, has acquired more than 11,000sqm logistic land in the Port of Duqm.
It will have a 3,048sqm covered warehouse with a capacity of 5,000 pallet position and an open yard for future expansion. The logistics warehouse project will offer 3PL and 4PL services.
Tristar established its presence in Muscat, Oman in 2002 and this move will enable the company expand its operations into the Sultanate of Oman.
Tristar also has a new facility located in the Rusayl Industrial Estate Phase 2 (Muscat) with a total plot size of 15,000sqm with an office building, a warehouse with a capacity of 1,000 pallet position, a five-bay workshop with two inspection pits, and a washdown bay. It can store products outside and inside the warehouse.
The facility offers Port Marine Services at various Ports and Anchorage areas in Oman by transporting crew, supplying fresh water, stores, lube oil, and gas oil; and providing marine logistics.
“The expansion of our presence in Oman to Duqm further strengthens our value proposition as we continue to serve the future requirements of our international oil and gas customers as well as major local companies, with the highest level of operational and international safety standards,” stated Eugene Mayne, Group CEO, Tristar Group, at the lease agreement signing ceremony.
“By attracting such leading logistic service providers as the Tristar Group to our logistics area we aim to confirm Port of Duqm’s position as the center of excellence serving the oil and gas industry in the Sultanate of Oman and beyond,” noted Reggy Vermeulen, CEO, Port of Duqm.