Asyad
Third-party logistics
From Wikipedia, the free encyclopedia
Asyad is a logistics service provider in Oman.[1][2]
History and operations
Asyad was established in 2016 and is headquartered in Muscat, Oman. Asyad operates logistics solutions via ports, free zones, and maritime assets in the Arabian Peninsula.[3][4] Asyad Group has three deep ports, two free zones, an economic zone, a dry dock, and a dry port. The group's maritime services include a fleet of 80 vessels which is largest dry docks in the Middle East.[5][6][7][8]
Asyad Shipping
Free Zones
Ports
Asyad Group is the largest port operator in Oman, mainly the three main ports of Salalah, Sohar and Duqm. Asyad Group has partnered with the online logistics marketplace Zipaworld Innovation for expanding its business.[13]
The Port of Salalah, recognized as one of the largest multi-purpose ports in the Middle East, achieved a significant milestone in 2022 by handling 18.5 million metric tons of general cargo. This positive trend continued into January of the following year, with the Port managing 1.9 million metric tons of general cargo, marking the highest volume recorded in any month since its establishment. In addition to its global recognition as the 2nd most efficient container port in 2021, the Port of Salalah has maintained its focus on improving Container Terminal performance. Throughout the first quarter of 2023, it consistently surpassed previous records for Port Moves Per Hour (PMPH), often exceeding 200 PMPH. This enhanced efficiency results in reduced Port stays for shipping lines, leading to time savings, minimized environmental impact, and cost reductions.[14]
Asyad Drydock
Economic Zone
Asyad Group's economic zone, Khazaen Economic City (KEC), is an integrated logistics city located between Oman’s capital city of Muscat and the Sultanate’s industrial hub of Sohar.[16]
Oman Post & Asyad Express
Awards and recognitions
- Ship Manager of the Year Award 2022.[18]
- Bulk Shipping Company of the Year Award (2021).[19]
- 4th-biggest Logistics Company in MENA (2021).[20]
- Gold Award in the Medium to Large Businesses category.[21]
- Best Ship Repair Yard Award (2022).[22]
- Silver Award by RoSPA.[23]
- Asyad Group's IPO Announcement: In January 2025, Asyad Group, Oman's state-owned logistics firm, announced plans to sell at least 20% of its shipping subsidiary through an initial public offering (IPO) on the Muscat stock exchange. This move is part of Oman's broader privatization efforts.[24]
- Participation in Breakbulk Middle East 2025: In February 2025, Asyad Group reinforced its leadership in the logistics sector by participating in the Breakbulk Middle East 2025 event held in Dubai. This involvement highlights Asyad's role in shaping the future of breakbulk logistics in the GCC and MENA regions.[25]
- Strategic Partnership with Amazon: In February 2025, Asyad Express, a subsidiary of Asyad Group, expanded its partnership with Amazon. This collaboration enables Amazon to utilize Asyad Express's advanced last-mile delivery solutions, enhancing service reach throughout Oman.[26]