Oman is taking a significant step towards sustainable development in the maritime industry by announcing the construction of the Middle East’s first integrated eco-friendly ship recycling facility, Fast Company Middle East reports.

The project, which is part of the country’s strategy to achieve zero emissions by 2050, will be implemented in Khatmat Malakha, North Batinah, in partnership with Green Wheel Recycling Middle East. A concession agreement is expected to be signed in September this year to start construction.

The fully integrated port complex will be able to dismantle and recycle more than 70 ships annually and is expected to produce approximately 2 million tons of high-quality low-carbon steel per year in the initial phase.

Green recycling involves the safe and environmentally responsible dismantling of decommissioned ships in compliance with strict regulations to minimize environmental risks.

The project is expected to create approximately 2,000 direct and indirect jobs and stimulate related industries.

The initiative aims to address the growing international regulatory pressure on shipping companies to implement environmentally responsible recycling practices. It supports Oman’s broader sustainable development strategy while positioning the country as a regional leader in innovative environmental maritime solutions.

As GMK Center reported earlier, Brazilian mining company Vale has signed an agreement with OQ Alternative Energy as part of its strategy to decarbonize its operations in Oman and transition to industrial use of renewable energy sources. The agreement establishes a framework for developing renewable energy solutions to power Vale’s enrichment plant in the port of Sohar, as well as supporting the energy needs of the future Green Metallic Mega Hub in Duqm.