January 15, 2020: DSV Panalpina has opened a new office in Muscat, Oman, as part of its continuing expansion into the Middle East.
“Oman has distinct advantages as a trans-shipment hub for Qatar,” stated Charles Francis, country manager for DSV in Oman, Qatar, and Kuwait. He continued, “Oman has become a pivotal geographical location for cargo flows to and from Qatar. Unlike some of the Gulf Cooperation Council (GCC) countries, Oman has not introduced economic sanctions against Qatar and its trade with Qatar has increased by more than three times since the embargo began two years ago.”
In August last year, DSV acquired Panalpina in a deal worth $5.5 billion.