BUSINESS

GAC Saudi Arabia partners FMME to supply marine products

March 13, 2018
GAC Saudi Arabia and Fendercare Marine Middle East. — Courtesy photo
GAC Saudi Arabia and Fendercare Marine Middle East. — Courtesy photo

GAC Saudi Arabia has joined forces with one of the world’s foremost suppliers of marine products and services to supply quality marine products to customers in the Kingdom.

Through its partnership with Fendercare Marine Middle East, part of James Fisher and Sons plc, GAC Saudi Arabia will provide Fendercare products including a full range of ropes, chains and shackles, to local clients. More products will soon be added.

The partnership also supports customers’ efforts to comply with the in-Kingdom Total Value Add (IKTVA) program, contributing to Saudi Arabia’s economic growth and its Vision 2030 plan. IKTVA aims to drive domestic value creation and maximize long-term economic growth, diversification, job creation, and workforce development to support businesses operating in a rapidly changing business environment.

Stewart Hendry, Head of Shipping and Oil & Gas at GAC Saudi Arabia, says: “This partnership will enable companies to purchase quality marine products locally, contributing to their in-Kingdom spending, which is a key objective of the IKTVA program. We will continue to seek ways to provide more efficient and value-added services to our customers.”

Commenting on the move, Bode Gbadamosi, General Manager at Fendercare Marine Middle East, adds: “We’re really excited to announce our new partnership with GAC Saudi Arabia to enable us to supply Saudi customers in-country.

“The partnership will mean that Fendercare will house stock at a new location in Dammam, with GAC using their local knowledge to provide a first-class logistical service through established distribution chains to all of the Kingdom’s major ports.” — SG


March 13, 2018
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