Deal for supply of maritime lubricants
AD Ports Group recently 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 terms of 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 expand the global marine lubricants market due to its significant importance for the shipping and maritime industries.
Opportunities
“This agreement will see two major global corporations, with vast expertise in their respective fields, creating new opportunities within the marine lubricants market. This collaboration underscores our commitment to delivering unparalleled value to our customers worldwide,” remarked Saif Al Mazrouei, CEO, Ports Cluster, AD Ports Group.
“By signing a strategic agreement with the Ports Cluster, part of AD Ports Group, we are further expanding the distribution base for our products, gaining access to over 70 international destinations to provide the highest quality lubricants, and facilitating a consistent and trusted supply for our valued customers,” stated Bader Saeed Al Lamki, CEO, ADNOC Distribution.
