Asyad Group signed an agreement with the Ministry of Transport, Communications, and Information Technology, OQ, Oman Oil Marketing Company, and Air Liquide Group to conduct a joint pilot study project on green hydrogen fueling station that is planned to be established in Duqm Special Economic Zone. This initiative will leverage the abundance of solar and wind energy resources in the region, in addition to its strategic location and proximity to targeted markets.
The concept study encompasses the generation of renewable energy from solar and wind energy, green hydrogen production, the establishment of a hydrogen fueling station, and the operation of green hydrogen-fueled vehicles, including trucks and buses, all within the confines the Duqm Special Economic Zone. The study goes in line with Oman’s aspirations in utilizing green hydrogen fuel within the transportation sector, a pivotal step towards achieving zero carbon neutrality.
Ahmed Bulushi, Chief Executive Asset Management of ASYAD Group, said: “The study comes within ASYAD Group initiatives in environment stewardship, and the efforts to reduce emissions in various operational processes, and in alignment with the Sultanate of Oman’s plan to achieve net-zero emissions by 2050. The initiative also focuses on developing land transportation assets by providing buses and trucks that operate on biofuel, which is very crucial in facilitating exploring the creation of a clean environment using pure and sustainable fuel.”
Al Balushi emphasized that the joint study reaffirms ASYAD Group’s commitment to sustainability plans and supports green hydrogen projects within the Duqm Special Economic Zone, a key focus area encompassing ASYAD Drydock, ASYAD Terminals Duqm and the Port of Duqm.
Asyad Line, part of Asyad Group, is expanding its reach in Asia with a significant enhancement of its Far East Express (FEX) service. Starting August 2024, the upgraded pendulum service will offer fortnightly sailings, connecting key ports in China, India and the GCC region. This move not only enhances Oman's connectivity to key markets but also reinforces its role as a vital transshipment hub for cargo.
Read moreAsyad Group, Oman’s global provider of integrated logistics services, has announced the launch of a tender to design, build, finance, operate and transfer an office complex covering an area of 4,925 square meters in the Muscat Airport Free Zone (MAFZ). This call for partnership aligns with Asyad Group's commitment to enable and partner with the private sector on vital logistics projects in line with Oman Vision 2040.
Read moreAsyad Group, Oman's pioneering end-to-end global logistics provider, has acquired Skybridge Freight Solutions (SFS), a leading global freight forwarding company. The landmark acquisition is the group’s first international acquisition in core logistics activities and marks a strategic move to significantly expand Asyad’s footprint through active operations in key trade hubs and the major economies of China, India, the USA and the GCC, supported by unhindered access to SFS’ well-established, dynamic network that covers over 90 geographies across six continents.
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