ENOC Global Marine, a division of Emirates National Oil Company (ENOC), is expanding its international footprint with a shipping agreement with Dubai Trading Agency (DTA).
The partnership allows DTA to be a key distributor of ENOC’s marine lubricants in local and global markets.
“With our extensive marine lubricants portfolio and deep expertise in technical support competencies in the maritime sector, ENOC Global Marine is a UAE success story that has reached over 25 markets to date,” Burhan Al Hashemi, managing director of ENOC Marketing, said. “Our recent agreement with the DTA is an added milestone to our continuing growth story, and we look forward to building new bridges with customers in Europe and the Far East.”
Along with having rights to distributing ENOC products to international customers within the United Arab Emirates (UAE), the agreement will enable the trade of up to 600,000 liters of lubricants annually.
“We at DTA are honored to be working closely with ENOC and look forward to this cooperation,” DTA Managing Director Ali Lakhani said. “We hope that this partnership results in beneficial growth for both parties. This agreement with ENOC comes at a time when oil prices are stabilizing. With reports supporting a gradual rise in the near future, the medium term looks bright for the shipping and oil industry alike.”
ENOC Global Marine is based in Dubai.
