AD Port & ADNOC Distribution sign deal for marine lubricants supply

  • Date: 19-Apr-2024
  • Source: GCC Business News
  • Sector:Oil & Gas
  • Country:UAE
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AD Port & ADNOC Distribution sign deal for marine lubricants supply

AD Ports Group, the leading facilitator of global trade, logistics, and industry, has announced that its Ports Cluster is expanding its business remit to the global distribution of marine lubricants. The announcement came following a strategic agreement inked with ADNOC Distribution, the UAE’s leading manufacturer of marine and automotive lubricants. Under the agreement, the Ports […]AD Ports Group, the leading facilitator of global trade, logistics, and industry, has announced that its Ports Cluster is expanding its business remit to the global distribution of marine lubricants.

The announcement came following a strategic agreement inked with ADNOC Distribution, the UAE’s leading manufacturer of marine and automotive lubricants.

Under the agreement, the Ports Cluster will leverage its connections and advanced infrastructure to distribute high-demand, global standard lubricants, to customers in the UAE during the initial stages, which will then be broadened to encompass a global footprint of distribution. Both parties have agreed to jointly work on expanding the global marine lubricants market due to its significant importance for the shipping and maritime industries.

Saif Al MazroueiCEO – Ports ClusterAD Ports Group

“This agreement will see two major global corporations, with vast expertise in their respective fields, creating new opportunities within the marine lubricants market. The distribution solutions