ENOC Group has signed a Memorandum of Understanding (MOU) with HMS Bergbau AG, a German-headquartered, international commodity trading company, to market and distribute ENOC’s marine lubricants portfolio across the strategically important European markets of Spain and Türkiye.
The partnership marks a significant step in ENOC's global expansion strategy, reinforcing its position as a leading integrated energy player and extending reach into high-growth maritime corridors that are vital to international trade and energy logistics.
Under the agreement, HMS Bergbau AG will leverage its extensive network, logistics, and storage capabilities to ensure reliable delivery of ENOC Group’s advanced marine lubricant solutions in both countries.
Hussain Sultan Lootah, Acting CEO of ENOC Group, said: “ENOC Group remains committed to advancing the UAE’s global energy footprint by strengthening our presence in strategic maritime hubs around the world. This strategic partnership with HMS Bergbau AG extends our reach into new and dynamic markets and demonstrates ENOC’s agility and forward-looking approach as we continue to deliver world-class marine solutions that support global trade and enhance the reliability of vessel operations across key global hubs.”
Spain and Türkiye’s ports sit at the crossroads of major continents and critical maritime trade routes as vital gateways that drive global commerce and regional economic growth. ENOC Group’s marine lubricants will be crucial for ensuring the operational efficiency, prolonged engine life, and reliability of all vessel types across these essential routes.
Dennis Schwindt, CEO of HMS Bergbau AG, said: “This partnership marks an important step in diversifying HMS Bergbau AG’s portfolio and expanding our presence in the marine lubricants segment. By integrating ENOC’s proven technical capabilities with our robust European network, we are well positioned to deliver comprehensive, dependable solutions to customers We value this collaboration with ENOC and look forward to further integration and cooperation in the future.”
The partnership further supports ENOC Group’s goal to advance global trade and maritime sustainability while driving its international growth ambitions, aiming to expand marine lubricant supply coverage to over 900 ports worldwide by the end of 2025
The partnership marks a significant step in ENOC's global expansion strategy, reinforcing its position as a leading integrated energy player and extending reach into high-growth maritime corridors that are vital to international trade and energy logistics.
Under the agreement, HMS Bergbau AG will leverage its extensive network, logistics, and storage capabilities to ensure reliable delivery of ENOC Group’s advanced marine lubricant solutions in both countries.
Hussain Sultan Lootah, Acting CEO of ENOC Group, said: “ENOC Group remains committed to advancing the UAE’s global energy footprint by strengthening our presence in strategic maritime hubs around the world. This strategic partnership with HMS Bergbau AG extends our reach into new and dynamic markets and demonstrates ENOC’s agility and forward-looking approach as we continue to deliver world-class marine solutions that support global trade and enhance the reliability of vessel operations across key global hubs.”
Spain and Türkiye’s ports sit at the crossroads of major continents and critical maritime trade routes as vital gateways that drive global commerce and regional economic growth. ENOC Group’s marine lubricants will be crucial for ensuring the operational efficiency, prolonged engine life, and reliability of all vessel types across these essential routes.
Dennis Schwindt, CEO of HMS Bergbau AG, said: “This partnership marks an important step in diversifying HMS Bergbau AG’s portfolio and expanding our presence in the marine lubricants segment. By integrating ENOC’s proven technical capabilities with our robust European network, we are well positioned to deliver comprehensive, dependable solutions to customers We value this collaboration with ENOC and look forward to further integration and cooperation in the future.”
The partnership further supports ENOC Group’s goal to advance global trade and maritime sustainability while driving its international growth ambitions, aiming to expand marine lubricant supply coverage to over 900 ports worldwide by the end of 2025
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