Tristar Group won the 3PL and CSR awards at the Logistics Middle East Awards 2023 held at Grosvenor House Dubai.
The jury said on the 3PL award: “Tristar has established a strong foothold as one of the leading 3PLs in the country through the efficient utilisation of its resources, the implementation of technology-driven processes and systems, continuously enhancing its operations to offer a seamless customer journey, and upskilling and empowering its employees to ensure the highest health and safety standards are met.”
On the CSR award the jury commended: “Based on its strong belief that ‘Giving Back is Getting Back,’ Tristar actively contributes towards various social causes and crisis needs in line with its mission to place purpose equal to profit and help and remain supportive to the community at large.
In 2022, the company launched a crisis relief campaign to help… [...]
His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, and His Excellency Abdulla Al Saleh, Undersecretary of the UAE Ministry of Economy, graced the Tristar Dubai Global Convention organized by Institute of Directors (IOD), India at Habtoor Palace.
The convention was also attended by Indian Ambassador to the UAE, Honorable Sunjay Sudhir, and Consul General Dr. Aman Puri. Tristar Group CEO, Eugene Mayne, delivered the Keynote Address on March 14, while Group CAO, Balaji Nagabhushan, delivered the Welcome Remarks on March 15.
The event was the 30th World Congress on Leadership for Innovation and Business Excellence with the theme ‘Building Future-Ready Organisations’.
The Traffic and Roads Agency at RTA in collaboration with the Tristar Group recently launched the ‘Golden Rules for Generational Safety’ at the Zayed Education Complex in Al Barsha. The campaign aims to raise awareness among 100,000 young students in Dubai regarding school safety guidelines via e-mail.
An approximate 10,000 school children will be directly targeted when Tristar sets up a mobile traffic village or a ‘Kids Traffic Arena’ at various educational institutions. The initiative also involved the distribution of innovative gifts with road safety messages and educational brochures accompanied by scientific questionnaires to measure students’ awareness and knowledge trends. About 250 school children participated at the Zayed Educational Complex last March 9. Tristar will be visiting five other schools until May.
Tristar Group CEO Eugene Mayne opened the ‘Kids Traffic Arena’ with officials of the Traffic and Roads Agency and the Zayed Educational… [...]
Tristar Group hosted an women-led event to mark International Women’s Day, focussing on female empowerment and leadership in the digital era, and mirroring the United Nations’ theme, DigitALL.
“Gender equality sits at the centre of today’s major challenges: energy transition, climate change, public health, food security, water scarcity, supply chain issues, and sustainability,” Eugene Mayne, Founder and Group CEO of Tristar, observed in his opening remarks. “Involving women will address these issues more effectively and equitably.”
“Every small marker has the potential to become a milestone in raising gender parity – in a company, in a country, in society,” he said. “Whatever we do today is well worth the effort to define and to deliver a better tomorrow for generations to come.”
A distinguished roster of female speakers addressed the audience on gender balance. Keynote speaker Habiba Al Marashi, Chairperson of Emirates… [...]
Tristar Group announced its financial results for the period ended 31 December 2022, with consolidated revenue growing by 58.9% to USD 854 million, in comparison with the previous year, with normalized EBITDA reported a significant increase of 27.5% to USD 175 million, compared to 2021.The Maritime and Fuel Farms Segments delivered the highest growth, with EBITDA increasing by 63.7% and 112.3% respectively, compared to the previous year.
Eugene Mayne, Group CEO of Tristar said: “We are proud to deliver continued growth in results, and a record year for our Group. The recent acquisition of 51 percent ownership stake in HG Storage International, finalized in August 2022, and the successful renewal of two large long term peace keeping contracts, making Tristar the number 1 Supplier with UN Procurement across all suppliers, (as listed on UN procurement website) combined with strong maritime performance, are the main reasons for… [...]
Tristar Group CEO Eugene Mayne received the crystal memento from ENOC Commercial and International Sales Managing Director Burhan Al Hashemi during the ENOC Strategic Suppliers Recognition 2023 event held on February 7 at the Museum of the Future in Dubai. Also on stage are ENOC Procurement and Contracts Group Director Reem Al Rumaithi and Tristar Group Road Transport and Warehousing General Manager Shivananda Baikady.
Since its establishment in 1998,Tristar has now grown to be one of the leading integrated energy solutions providers in the global oil and gas industry. One of its key business verticals is the Road Transport and Warehousing (RTW) division which manages large fleet of vehicles and finished product storage facilities. The RTW is the preferred partner of ENOC for the past two decades for its efficient, safe and responsible end-to-end supply chain solutions across its distribution network.
ENOC recognized 35… [...]
The Road Transport and Warehousing (RTW) division of Tristar Group in the UAE was recognized as the winner of the Excellence in Fleet Safety category at the Truck & Fleet Awards 2023 ceremony held on February 1 at The Ritz-Carlton, Dubai.
The company has traveled more than 400 million kilometers without a single fatality, which was acknowledged by the judges as an extraordinary achievement in road safety. They were also impressed by the way Tristar takes care of its drivers, among other things by controlling their exhaustion, choosing safer routes, and scheduling deliveries at times when the sun is not at its brightest.
The RTW Team is also concerned with maintaining smooth client interaction and communication throughout the delivery process. A specific customer experience management plan has been put in place, concentrating on three critical components: maintaining constant customer connection, effectively resolving customer complaints,… [...]
Tristar Group was one of eight business and government organizations in the UAE recently visited by Executive MBA (EMBA) students at Haskayne School of Business – University of Calgary. The interaction with Tristar’s senior executives was under the EMBA’s International Study Tour curriculum where students examine the effects of globalization on international and Canadian business, as well as learn about the operations and contributions of business and government organizations in a particular region.
Group CEO Eugene Mayne, together with Group CFO Marco Bachechi and the heads of Tristar’s various business verticals, shared the company’s best practices as a fully integrated energy logistics solutions provider to the downstream oil and gas industry across the Middle East, Africa, Asia, the Pacific, the Americas, and Europe.
The EMBA curriculum of Haskayne School of Business is tailored to mid- and senior-level professionals who already have significant professional experience… [...]
The Tristar World quarterly newsletter was launched in 2011 and printed on an 8-page layout until January 2018. From April 2018 to September 2021, the pages increased to 12. Then from January 2022 to August 2022 another page was added, making the newsletter a 13-page layout.
This latest newsletter has 14 pages. This goes to show that there are many corporate events and initiatives, and contributors across the Group as well. Please click to read - https://www.tristar-group.co/upload/Tristar-Newsletter-Volume-41.pdf
Tristar Group conducted its 8th annual External Stakeholders’ Workshop with its customers, suppliers, private companies, media partners and NGOs who were updated on the company’s Environmental, Social and Governance (ESG) strategy and goals. The gathering was held at the Tristar head office in Jebel Ali.
The attendees were asked to rate Tristar’s Materiality issues related to ESG and Sustainability. The results will be shared by Tristar in its 2022 Sustainability Report in line with the United Nations Global Compact (UNGC) Ten Principles and GRI Standards.
The UNGC has required all member-companies to submit an annual Communication on Progress or COP which mentions their adherence to its Ten Principles covering Labor, Human Rights, Environment and Anti-corruption.
The external stakeholders were also enriched with the insightful speeches of Habiba Al Marashi, Chairperson of Emirates Environmental Group (EEG), about the ‘Importance of Stakeholder Materiality’, John… [...]