Omani Firms O Bunkering and Marafi Services Complete Merger to Enhance Maritime Sector

Merger Formalized on Omani Logistics Day

In a pivotal advancement for Oman’s maritime and logistics sector, O Bunkering and Marafi Services have officially merged, establishing a unified national entity under the name O Bunkering. This merger, formalized on April 30, 2026, coincided with Omani Logistics Day and is aimed at enhancing the operational capabilities and competitiveness of the sector on a global scale.

The merger addresses the evolving demands of maritime supply chains, focusing on operational efficiency and the integration of services. By consolidating resources and expertise, the newly formed entity is positioned to not only support the sustainability of the maritime sector but also bolster its contribution to Oman’s national economy.

Government Support and Strategic Goals

Eng Said bin Hamoud al Maawali, Oman’s Minister of Transport, Communications and Information Technology, emphasized that this merger signifies a significant leap in the institutional maturity of Omani logistics companies. He noted that the unification of assets and capabilities would transform the new company into a major commercial entity, enhancing operational efficiency and increasing its competitive edge both locally and regionally.

Ali bin Amer Al Shaibani, CEO of O Bunkering, stated that the merger aligns with governmental aspirations and reflects a strategic response to sector needs. The initiative aims to create an integrated national system within the ship bunkering segment, promoting sustainability and competitiveness in a critical area of maritime logistics.

Future Growth and Economic Impact

Suleiman bin Ali Al Hadrami, CEO of Marafi Services, highlighted that the merger initiates a new phase of growth and expansion for the unified entity. The company is committed to maintaining high standards of efficiency and reliability while enhancing maritime supply chain performance through operational integration and innovative solutions.

Recent economic indicators reflect robust growth in Oman’s transport and logistics sector, with its contribution to GDP expected to rise from approximately RO 2.23 billion in 2024 to RO 2.35 billion in 2025, marking a 5.4% increase. Projections suggest that this sector could reach RO 3 billion by 2026.

Investment in the transport and storage sector is also on the rise, with estimates indicating an increase from RO 2.32 billion in 2024 to RO 3.4 billion in 2025, representing a growth of around 46.6%. Investments are anticipated to further escalate to RO 3.57 billion by 2026.

Frequently Asked Questions

What is the significance of the O Bunkering and Marafi Services merger?

The merger enhances operational efficiency and competitiveness in Oman’s maritime logistics sector.

When was the merger formalized?

The merger was formalized on April 30, 2026, during Omani Logistics Day.

What are the expected economic impacts of this merger?

The merger is expected to boost GDP contributions from the transport and logistics sector and increase investments significantly.

Who are the key figures involved in this merger?

Eng Said bin Hamoud al Maawali, Ali bin Amer Al Shaibani, and Suleiman bin Ali Al Hadrami are key figures in this merger.

What are the future projections for Oman’s transport and logistics sector?

The sector is projected to reach RO 3 billion by 2026, with substantial growth in investments.