Astoool and Marafi Services Finalize Major Maritime Merger

Astoool and Marafi Services completed their corporate merger today. They formed a unified national system called Astoool.

This exciting merger completely transforms the local maritime supply sector. It significantly enhances operational efficiency and service integration across the Sultanate.

Boosting Omani Logistics and Competitiveness

The companies merged to meet rapid maritime supply chain demands. They want to raise performance efficiency and unify their financial capabilities.

This strategic step expands their range of maritime services significantly. The merger enhances local added value and supports maritime sustainability.

These ambitious goals align perfectly with the Oman Vision 2040. The vision drives the logistics sector to boost national economic growth.

This integration raises ship supply standards across all Omani ports. The company will use highly efficient operational solutions moving forward.

Modern management systems and advanced corporate governance support these daily operations.

Empowering National Talents

The merger supports talented Omani professionals by providing long-term job stability. It expands career paths and transfers vital maritime knowledge locally.

This preparation helps Omani workers lead advanced maritime operations confidently. The integration boosts regional and international competitiveness for the Sultanate.

It consolidates Oman as an active marine supply center globally.

Statements from Transport Leaders

Transport Minister Saeed bin Hamoud Al Maawali praised the merger today. He called it a massive leap in institutional maturity.

It qualifies the companies to become a large, competitive commercial entity. Transport Undersecretary Khamis bin Mohammed Al Shamkhi also spoke at the event.

He said national companies want to develop the logistics infrastructure actively. Astoool CEO Ali bin Amer Al-Shaibani shared his immense excitement.

He called the merger a well-thought-out executive step for the future. Marafi Services CEO Sulaiman bin Ali Al Hadrami agreed wholeheartedly.

He promised the company will continue providing highly efficient maritime services.

Find more exclusive business insights and logistics updates daily at the Oman Day homepage!