Fujairah Oil Industry Zone (FOIZ) Management meets Mercantile & Maritime (M&M) Group, the new management team of GTI Oil Terminal ,after acquiring it from Prostar Capital . M&M agreed to align with FOIZ vision by maintaining the highest level of excellence in business ,achieving best in class ESG performance and work towards betterment in quality of life in the area.
FOIZ and M&M management discussed the outlook of the Terminal operation and expansion focusing on areas of clean fuel production and low carbon alternatives in line with the Zone strategy by operating with absolute care to the aspects of Health, Safety and preserving the environment.
M&M is an independent commodity trading business that offers trading, shipping, advisory, infrastructure asset management, field services and storage and bunkering services . M&M has operated in both growing and established markets and excelled in the physical trading of oil and gas, shipping and logistics for crude oil, and high-end consultancy services.
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