The Governorate of the Sultanate of Oman owns this company  and it is a closed joint stock company with the Ministry of Finance holding 80% of the shares. The remaining shares are owned by the Oman Oil Company SAOC. This company has been undertaking a wide range of shipping and logistics related activities through a number of subsidiaries. They have managed to achieve amazing growth within a very short period of time and the expansion activities are also progressing at a rapid pace to materialize the dream of the government to make Oman the most flourishing logistics oriented economy in the world.