Port of Duqm lies under the management of Port of Duqm Company SAOC, a 50:50 joint venture between the Omani Government and the Consortium Antwerp Port (CAP). CAP is supported by the Port of Antwerp (Belgium), one of Europe’s largest hub ports. Under an agreement signed with the Omani government in April 2011, the joint venture has been granted a 28-year concession to co-invest, operate, manage and market the Port of Duqm. Responsibility for the management and operation of the port area lies with the Port of Duqm Company. Also covered by its mandate is the responsibility for navigation within and around the port, as well as the wider bay of Masirah.