Total Lubmarine on Thursday (6 August) introduced a new second barge in the port of Fujairah, United Arab Emirates (UAE) to further support the increased demand for its range of marine lubricants and from a growing customer base.
This latest strategic initiative comes on the back of the recent IHS Markit report that shows Total Lubmarine in 2019 accounted for an estimated 18% of the global lubricants marine market, placing it second in this segment, it said.
“It is an exciting time both for our customers and our business as the IHS Markit’s data also reveals we are the second largest port network in the international marine lubricants segment, with a total of 797 ports at end-2019, covering a total of 93 countries, more countries than any other operator,” added the company.
“In addition to its officially listed ports, Total Lubmarine also makes its products available via non-listed ports, bringing total coverage to 1,000 ports in about 100 countries.”
Total Lubmarine noted that the announcement of its new second barge provides additional networked support for its customers in the UAE, and improves its capabilities to supply our leading Main Grade Lubricants in bulk.
Photo credit: Total Lubmarine
Published: 11 August, 2020
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Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.
