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Business 1 min read 21 views

ENOC showcases marine lubricants portfolio at Posidonia 2016

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 lubes portfolio at Posidonia 2016, the market's biggest shipping and maritime exhibition.

Taking place in Athens, Greece from June 6-10, ENOC will likewise highlight its technical assistance skills for clients in the worldwide marine and shipping industry. The divisions' marine product portfolio; STRATA aquatic lubricants - covers all kinds of marine main engines together with a total range of items for all aquatic 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-lasting economic growth in developing markets paired with the shift in international demographics and population growth rates, will drive need for imports and products, which will eventually have an impact on the maritime sector over the next years.

Zaid Alqufaidi, Managing Director, ENOC Marketing, said: "At ENOC, we have actually managed to establish a strong presence across regional and global markets. Today, ENOC Lubricants Marketing (ELM) operations cover across 60 markets. With the establishment of ENOC Global Marine, we have the ability to offer our customers an extensive suite of lubrication solutions and accommodate enhancing client need, which in turn will help with the growth of the international maritime and shipping sector."

Given that its inception in 2015, ENOC Global Marine (EGM) has actually managed to establish a strong presence throughout Africa, covering some of the continents' essential ports in Egypt, Nigeria, Angola, Ghana, Kenya, Morocco and Mauritania and Greece. ENOC Global Marine has capabilities that enable the division to mix items locally in target audience, which in turn increases functional performance and ensures item availability in the local market.

"More 913 million litres of aquatic lubes are being sold every year across Europe, Middle East and Africa. This provides adequate chance for us to expand our geographical existence throughout the aquatic and shipping industry. We believe that our participation at tactical events like Posidonia, will enable us to demonstrate our abilities and staminas as a partner and our ability to supply high quality marine lubes to consumers from around the world," mentioned Mohammed Sadek, Director, ENOC Lubricants Marketing.

Headquartered in Dubai, the company has an extensive portfolio of application-based lubes, each designed to provide certain solutions tailored to achieving optimal performance for the shipping industry in more than 80 ports across 16 countries.

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