Copart, a leading online vehicle auction company, has opened the Copart Muscat Auctions, its third facility in the Middle East.

This facility is now open for business and will conduct its first auction on June 23rd, with its principal office and location in Halban/Barka, close to Muscat, said a statement.

The auctions will take place every Tuesday thereafter at five pm local time, it said.

Copart has been steadily increasing its presence in the Middle East, opening its Middle Eastern headquarters in Dubai, UAE, in 2012, a facility in Manama, Bahrain in May this year, and now its first facility in Oman.

Carlos Sabugueiro, chief executive officer of Middle East and Africa, said: "We are excited to continue to expand capacity and offer increased capabilities to meet our clients' needs. With its proximity to major shipping ports, the Oman facility will improve logistics and convenience for our buyers and sellers - both domestic and international."

Currently, the UAE is the second largest international destination for cars sold from Copart's North American yards.

Adding new locations will provide buyers more immediate auction inventory in the region and local service provision for logistics and payment options.

Vinnie Mitz, Copart’s president, said: "Copart's new facility in Oman is the latest expansion of our global footprint. With this new location, we will be better able to support our customers in the region and enhance options for our buyers in more than 150 different countries across the globe." - TradeArabia News Service