ENOC Group signs agreement with IMS Oil Trading LTD. For the supply of marine lubricants and tankers.
August 28, 2019
Dubai, United Arab Emirates, 28 August, 2019: ENOC Group has signed a Memorandum of Understanding (MoU) with IMS Oil, international trading operator in Greece to supply lubricants for up to 16 product tankers at IMS Oil's Fujairah and Singapore ports. The partnership also expands ENOC’s marine lubricants supply network to over 110 ports in 23 countries across the world.
His Excellency Saif Humaid Al Falasi, Group Chief Executive Officer of ENOC, said: “We continuously aspire to further expand our local, regional and international presence and are excited about the opportunities this presents for the Group. Our agreement with IMS Oil trading Ltd, marks a bold move to expand our operations. We pride ourselves for being a trusted and reliable partner to our stakeholders in the marine industry and hope that our agreement with IMS Oil is a testament to the quality of our products and services.”
ENOC Group supplies lubricants to a wide range of marine vessels such as offshore supply boats, container liners, tankers, Navy and Coastguard ships, using a network of transport options including road tanker trucks and pipelines. It also provides a diverse portfolio of lubricants and greases that are designed for applications in many sectors including, industrial, marine, heavy duty diesel engines and commercial use. ENOC’s marine lubricants are available in 23 countries across the Middle East, Africa, South East Asia, and the Indian Subcontinent.