AD Ports Group partners with ADNOC Distribution for marine lubricants
19.04.2024
AD Ports Group has announced its Ports Cluster's expansion into the global distribution of marine lubricants.
This decision follows a strategic partnership with ADNOC Distribution, a leading manufacturer of marine and automotive lubricants in the UAE.
"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 offered by the Ports Cluster, which now owns or operates 24 terminals globally, adds tremendous value to our partners and stakeholders. This collaboration underscores our commitment to delivering unparalleled value to our customers worldwide," commented on the deal, Saif Al Mazrouei, CEO - Ports Cluster, AD Ports Group.
As per the agreement terms, the Ports Cluster will utilize its extensive network and advanced infrastructure to distribute high-demand, globally recognized lubricants initially in the UAE, with plans for further global expansion. Both entities are committed to collaborating on expanding the global marine lubricants market, recognizing its critical importance to the shipping and maritime sectors.
“As a leading manufacturer of marine, industrial and automotive lubricants in the UAE, ADNOC Distribution offers an extensive range of lubricant products that perform in any environment. 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.