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Update on Container Business

Update on Container Business
Salalah Port Services
SPSI
45.75% 0.36 0.11

Management has been in discussion with one of its important container business client to finalize the business terms for the year 2015 as part of its commercial strategy. It is indicated by them that their share of transshipment business through Port of Salalah is likely to drop significantly due to their network efficiencies. Management is exploring other options available that can mitigate the impact. More clarity is expected in due course