AD Ports Group signs pact with Adnoc Distribution – News

Strategic agreement concluded for the supply of maritime lubricants

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AD Ports Group has announced that its port cluster is expanding its business remit to include the global distribution of marine lubricants.

The announcement followed a strategic agreement with Adnoc Distribution, the UAE’s leading manufacturer of marine and automotive lubricants.

Under the terms of the agreement, the port cluster will leverage its connectivity and advanced infrastructure to distribute in-demand global standard lubricants to customers in the UAE in the initial phase, which will then be expanded to a global distribution footprint. Both sides have agreed to work jointly to expand the global marine lubricants market due to its vital importance to the shipping and maritime industries.

Commenting on the deal, Saif Al Mazrouei, CEO – ports cluster, AD Ports Group, said: “This agreement will see two major global companies, with vast expertise in their respective fields, create new opportunities within the marine lubricants market. The distribution solutions offered by the Ports Cluster, which now owns or operates 24 terminals worldwide, add tremendous value to our partners and stakeholders. This partnership underlines our commitment to delivering unparalleled value to our customers around the world.”

Bader Saeed Al Lamki, CEO of Adnoc Distribution, said: “As the leading manufacturer of marine, industrial and automotive lubricants in the UAE, Adnoc Distribution offers a comprehensive range of lubricants that perform in any environment. By signing a strategic agreement with the Ports Cluster, part of AD Ports Group, we further expand the distribution base for our products, gain access to more than 70 international destinations to supply the highest quality lubricants and facilitate a consistent and trusted delivery for our products. valued customers.”