SOHAR: Vale in Oman was awarded the prestigious Best Specialist Dry Bulk Port or Terminal award, for its terminal located at Sohar port at the 2015 International Bulk Journal (IBJ) Awards in Belgium recently.

Vale’s terminal was recognised for its ability to receive the very large ore carriers (VLOC) which have the capacity of 400,000 DWT and require a draft of 25m. As well, it is highlighted as the largest bulk terminal in the Arabian Peninsula in terms of handling capacity and it is the deepest in South Asia and the Gulf region. In addition to that, the terminal is equipped with high-tech and modern equipment that ensures safe mooring of ships and environmental monitoring systems.

“We are absolutely thrilled to have been recognised for our industrial complex at the IBJ Awards. A lot of hard work and energy has gone into this project and we are happy to see the fruit of our labour,” said Sergio Espeschit, CEO of Vale in Oman. “Creating sustainable economic value in Oman and contributing to the development of the region is key to our day to day operations. Vale in Oman has awarded contracts to supply its facilities with engineering, human resources and maintenance services locally which ensures sustainability of our company but also creates new revenue streams that help local entrepreneurs and businesses to grow.”

Vale’s investments in Sohar include a pelletising plant with a production capacity of 9mn tons of pellets per year and a distribution centre with a throughput capacity of 40mn tons per year. The company’s efficient and integrated logistics system has established just-in-time operations that better serve key regional markets and is essential for its global logistics strategy to generate customised solutions for its clients in North Africa, Middle East and Asia while raising the competitiveness of its products.

Sohar port CEO, Andre Toet, added, “We are proud to work with Vale. Sohar port’s strategic location outside of the Strait of Hormuz with the advantage of deep-water seas has allowed VLOCs to be docked here which has helped increase Oman’s competitiveness in the global economy. Vale’s terminal which is only one of about ten ports around the world equipped to receive this vessel’s impressive capacity is working to contribute to diversifying the economy and supporting Oman’s economic vision for 2020.”