Published on February 28, 2018
Fendercare Marine Middle East, part of James Fisher and Sons plc, has signed a new partnership agreement with GAC Saudi Arabia, facilitating the supply of marine products to Saudi customers from within the Kingdom.
The deal marks a first for Fendercare Marine Middle East, and means the company can now offer a wide range of stock to customers in Saudi Arabia through a local supply chain. The move will offer improved service provision for the region and support customers in complying with the in-Kingdom Total Value Add (IKVA) program, supporting economic growth in Saudi Arabia.
Located in Dammam, the capital of the Kingdom’s eastern province, the new base has been strategically situated to service the region’s oil industry and is also in close proximity to Saudi Arabia’s second largest port.
Products on offer include a full range of ropes, chains and shackles. Plans are also in place to expand on this offering as the partnership matures.
Commenting on the move, Bode Gbadamosi, General Manager at Fendercare Marine Middle East:
“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.”
Stewart Hendry, Head of Shipping and Oil & Gas at GAC Saudi Arabia:
“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 programme. We will continue to seek ways to provide more efficient and value-added services to our customers.”