"Investcorp Aberdeen Infrastructure Partners, a joint Anglo-Bahraini investment vehicle, has won the mandate to join a consortium comprising the state-owned Port of Duqm Company, and the Belgian DEME Group and Port of Antwerp, to take forward a $550 million project to expand Duqm’s port facilities. Duqm lies on Oman’s south-east Arabian Sea coast, unconstrained by any requirement for access through the Straits of Hormuz. Besides its container handling infrastructure, the port already has an international airport nearby, and maintenance and dry dock facilities for supporting merchant vessels and the largest warships." Read the original story at: The Maritime Executive.
Source: The Maritime Executive