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Abu Dhabi Ports Group signs a strategic agreement with ADNOC Distribution to supply marine lubricants

Tuesday 23rd Apr 2024    4
Abu Dhabi Ports Group signs a strategic agreement with ADNOC Distribution to supply marine lubricants
 

Abu Dhabi Ports Group, the leading facilitator of global trade, logistics and industry, said that its ports group is expanding its business to include the global distribution of marine lubricants.

This announcement came after a strategic agreement was signed with the company ADNOC Distribution, the leading manufacturer of marine and automotive lubricants in the UAE.

Under the terms of the agreement, the port group will benefit from its advanced communications and infrastructure to distribute world-class lubricants that are in high demand. , to customers in the UAE during the initial stages, which will later be expanded to include a global distribution footprint.

“This agreement will see two large international companies, with significant experience in their respective fields, creating new opportunities in the lubricants market Marine. The distribution solutions provided by the Ports Group, which now owns or operates 24 terminals around the world, add tremendous value to our partners and stakeholders. Saif Al Mazrouei, CEO of the Ports Group at Abu Dhabi Ports Group, said: “This cooperation confirms our commitment to delivering unparalleled value. For our customers around the world.”

The two parties agreed to work together to expand the global supply of marine lubricants. Due to their important importance to the marine and shipping industries.

Commenting on this development, Badr said Saeed Al Lamki, CEO of ADNOC Distribution: “As a leading manufacturer of marine, industrial and automotive lubricants in the UAE, ADNOC Distribution offers a wide range of lubricating products that work in any environment. By signing a strategic agreement with Ports Cluster, part of AD Ports Group, we are expanding our product distribution base, gaining access to more than 70 international destinations to provide the highest quality lubricants and facilitate consistent and reliable supply to our valued customers.”

 
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