Dubai / Emirates Business
ENOC Global Marine, a specialized business division of ENOC Lubricants Marketing (ELM) under the Emirates National Oil Company (ENOC) Group, is set to showcase its marine lubricants portfolio at Posidonia 2016, the industry’s largest shipping and maritime exhibition.
Taking place in Athens, Greece from June 6-10, ENOC will also highlight its technical support competences for customers in the international marine and shipping industry. The divisions’ marine product portfolio; STRATA marine lubricants — covers all types of marine main engines along with a complete range of products for all marine applications and requirements.
According to the Global Marine Trends 2030 report, the volume of seaborne trade is expected to double from nine billion tonnes per year to an estimated 24 billion tonnes by 2030. The long-term economic growth in developing markets coupled with the shift in global demographics and population growth rates, will drive demand for imports and commodities, which will ultimately have an impact on the maritime sector over the next decade.
Zaid Alqufaidi, Managing Director, ENOC Marketing, said: “At ENOC, we have managed to establish a solid presence across local and international markets. Today, ENOC Lubricants Marketing (ELM) operations span across 60 markets. With the establishment of ENOC Global Marine, we are able to offer our customers a comprehensive suite of lubrication solutions and cater to increasing customer demand, which in turn will facilitate the growth of the global maritime and shipping sector.â€
Since its inception in 2015, ENOC Global Marine (EGM) has managed to establish a strong presence across Africa, covering some of the continents’ key ports in Egypt, Nigeria, Angola, Ghana, Kenya, Morocco and Mauritania and Greece. ENOC Global Marine has capabilities that allow the division to blend products locally in target markets, which in turn maximises operational efficiency and ensures product availability in the local market.
“More 913 million litres of marine lubricants are being sold every year across Europe, Middle East and Africa. This presents ample opportunity for us to expand our geographical presence across the marine and shipping industry. We believe that our participation at strategic events like Posidonia, will allow us to demonstrate our capabilities and strengths as a partner and our ability to supply high quality marine lubricants to customers from around the world,†stated Mohammed Sadek, Director, and ENOC Lubricants Marketing.
Headquartered in Dubai, the company has an extensive portfolio of application-based lubricants, each designed to provide specific solutions geared towards achieving optimal performance for the shipping industry in more than 80 ports across 16 countries.