Profile: SPSI | Salalah Port Services Co.

MUSCAT SECURITIES MARKET (MSM)Trading Hours: Sun - Thu 10:00 am-1:00 pm

Salalah Port Services Co. SPSI
SPSI 0.00%
Services 0.22%
MSM30 Index 0.38%
Last Value
% Change
Price in OMR Last Update : 02 Aug 2017 12:00 pm (local time)


Corporate Details
Symbol SPSI
ISIN Code OM0000002333
Exchange Oman
Sector Services
Auditors KPMG
Company Description

Salalah Port Services Co. (SPSI) manages and operates the Port of Salalah which is a transshipment hub in the West Central Asia Region. Port of Salalah Development Company LLC is its subsidiary which is engaged in property related activities within the port premises. The A.P. Moller - Maersk Group is the largest shareholder of the company with 30% share, The Omani Government owns 20%, Local Private Sector owns 19%, Government Pension Funds holds 11% share and the remaining 20% of the shares are traded on the Muscat Securities Market.

Company Activities

Salalah Port Services Company is primarily engaged in leasing, operating, equipping and managing container terminals and general cargo terminal facilities at the port of Salalah. The company also provides maintenance and repair works for container units, handling services, monitoring of reefer units, and other services.

Equity Profile
Date Established Sep 15, 1997
Listing Date N/A
Paid-up Capital (OMR) 17,983,700
Outstanding Shares 179,837,000
Shares Per Value 0.100
Contact Information

Al Jawharah Building, P.O. Box 105, Postal Code: 118, Muscat, Sultanate of Oman

+968 24601003

+968 24600736



Company History

Salalah Port Services Company was established in 1997 with 30% foreign ownership and 70% ownership by locals. The Port of Salalah commenced its operations on November 1998.

Board Members & Senior Management
HE Ahmed Bin Nasser Al - Mahrizi Chairman
Mr. Peder Sondergaard Vice Chairman
Mr. Tiemen Meester Board of Directors
Mr. Ali Redha Board of Directors
Mr. Braik Musellam Mohammed Al Amri Board of Directors
Mr. Sultan Saif Saoud Al Akhzami Board of Directors
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