Gulf Navigation Holding and Polimar Turkish Holding establish a partnership
Gulf Navigation Holding and Polimar Turkish Holding decided to enter into a Global Strategic Partnership as Emirati and Turkish Partners in the field of Maritime Agencies, Vessels’ Services and Marine Products to provide an integrated set of marine services to support a wide range of its customers in the Oil, Gas, Offshore Ve ssels, Container Liner Vessels, Bulk carriers , Cruise Ships, yachts and Marine facilities.
Through this partnership, Gulf Navigation Holding will capitalize on its existing shipping agency & marine product services and will be able to expand its services to wider range. Gulf Navigation Holding will be able to serve the vessels of its customers in the major trading ports worldwide in addition to the UAE’s Ports.
According to this agreement the Maritime Agency Fleet of the Gulf Navigation Holding will grow from (4) service boats to (10) crews, tugs and offshore support vessels with a value of 3 million USD per vessel and the expected revenue from this partnership will be around 27 million USD. P
Polimar Turkish Holding is one of the International Specialized Companies in the provision of high quality shipping services to a substantial number of international shipping organizations since 1996. Polimar worked for many years to expand its relations through establishing a strong business relationships with Port Authorities, Chamber of Maritime Shipping, Local Shipyards and Workshops. Polimar owns many branches in Turkey, Bulgaria and Greece and its services expanding to the ports of Istanbul, Tuzla, Yalova, Canakkale, Piraus, Dubai, Bourgas, Suez, Gibraltar and Novorossiysk.
