MUSCAT: Wholly Omani government-owned Asyad Shipping – part of Asyad Group – has signed a memorandum of understanding (MoU) with Japanese shipping giant Suzue Corporation to explore prospects for collaboration and unlock mutual business opportunities.
Through this MoU, the parties aim to pool their capabilities and potentials, and expand their global logistics networks to start new projects that promote the trade and logistics sectors in both Oman and Japan. To this end, Asyad Group seeks to maintain an active exchange of information, technologies, and know-how with the Japanese provider of integrated logistics services, Suzue Corporation that offers a wide range of shipping and transport services in East and Southeast Asia and plans to establish a joint venture with Asyad Shipping in the future in the Sultanate of Oman.
Asyad Group looks to harness this MoU to serve its mutual interests with Suzue, expand its network of shipping partners and collaborators, and add to its offering new support logistics solutions in East and Southeast Asia. The MoU affirms Suzue’s intent to cooperate with Asyad Shipping for the Sultanate of Oman to become its logistics gateway to the European and African markets.
These efforts translate into Asyad Group’s vision of cementing the Sultanate of Oman’s position as a global logistics hub standing at the nexus of key shipping routes considered to be the transit gateway to East Africa, Middle East, Arabian Gulf and India. (With inputs from ONA)
