Tristar Group will be the Strategic Sponsor of Khaleej Times The Journey to Net Zero event which will be held on August 27, 2024.
The 6th edition of the Tristar ‘Safety at Sea’ Conference will be held on November 7 in Dubai. In attendance will be prominent ship owners, managers, insurers, government representatives and other industry leaders. As per previous editions, the event will be livestreamed around the world. In the 2023 event, participants livestreamed-in from vessel mess rooms and gatherings in India, the Philippines and Myanmar.
The conference will focus on implementing safety culture on vessels and specifically promote a set of clear guidelines for casualty prevention, known as the Golden Safety Rules.
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The Tristar Group’s exemplary record in road safety was feted at the RoSPA Health and Safety Awards held in Dubai recently. The Royal Society for the Prevention of Accidents (RoSPA) also hailed the company’s best practices, and the hands-on safety approach led by its founder.
The prestigious non-profit presented Tristar with the RoSPA Gold Medal for the seventh consecutive year, and the RoSPA Fleet Safety Trophy – Middle East. It also recognised the company’s ongoing road safety programme in schools with the RoSPA Winner of Health & Safety Beyond the Workplace.
In 2023, Tristar covered a record 545 million kilometres and clocked 132,952,860 manhours, without a single road fatality and occupational disease among its drivers and ground staff, and attributed the win to ‘visible and felt leadership’ across the company. Beyond its own workplaces, Tristar runs the ‘Kids Traffic Arena’ a joint project with the Traffic… [...]
Dubai headquartered Tristar Group has released its annual sustainability report for the 12th year in succession, encompassing its operations and activities around the globe. Group CEO Eugene Mayne launched the Tristar 2023 Sustainability Report at the company’s head office in Jebel Ali which coincided with two events: celebration of World Environment Day and implementation of The Climate Fresk, a workshop that teaches fundamental science behind climate change.
The report details Tristar’s alignment with the UAE’s vision of achieving Net Zero by 2050 and enumerates all its actions towards upholding the UAE Climate-Responsible Companies Pledge spearheaded by the UAE’s Ministry of Climate Change and Environment (MOCCAE), and the Faster Forward initiative launched by the United Nations Global Compact (UNGC).
The 12th consecutive report of the international energy logistics group continues to adhere to global frameworks like the UNGC, United Nations Sustainable Development Goals (UN SDGs), Global Logistics… [...]
Tristar Group CEO, Mr. Eugene Mayne, was met by UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan. The president met with entrepreneurs, youth, and officials in Abu Dhabi to discuss environmental initiatives and sustainability ideas. Check this news:
https://economymiddleeast.com/news/uae-president-highlights-sustainability-initiatives-environmental-proposals-on-world-environment-day/
Mr. Mayne presented the company’s pioneering step towards the decarbonisation of maritime transport with our hybrid bunker barge to be positioned at the Port of Fujairah in early 2025.
“As a prominent player in the global maritime sector, it is obligatory for Tristar to be willing and able to take the first steps towards any feasible decarbonisation, and create sectoral change,” Mr. Mayne explained. “As port infrastructure continues to develop in support of using electric barges for coastal operations, we are optimistic this bold move will encourage the local maritime industry to follow suit.”
About our hybrid bunker barge -
Tristar KSA has been lauded by Saudi Basic Industries Corporation (SABIC) for its ‘substantial efforts to deliver the best competitive advantage’ and for supporting the company in reaching their goal of becoming the preferred world leader in chemicals.
Tristar Group CEO Eugene Mayne and Tristar KSA County Manager Dr. Aous Ali attended the 2024 Suppliers Recognition Ceremony at the SABIC headquarters in Jubail, Saudi Arabia, where they received a memento for outstanding performance and significant contributions in 2023. The event was organised by SABIC’s Procurement team under Shared Services, and recognised approximately 40 companies among hundreds of suppliers.
Tristar KSA continues to transport liquid gases from SABIC’s plants in Jubail in the East Province and Yanbu in the Western Province to various SABIC affiliates across Saudi Arabia and the Gulf Cooperating Council (GCC) states, and to Jordan.
Products transported by Tristar for SABIC include chemicals such as MTBE… [...]
Tristar KSA of energy logistics company Tristar Group recently commissioned its fleet and warehouse for the safe transporting and storage of ChampionX products. ChampionX is a global leader in oil and gas production chemistries, delivering cutting edge technology, unwavering supply assurance, and critical problem solving in a safe, cost effective, and environmentally focused way.
A senior ChampionX supply chain and management team, led by Steve Thomas, recently visited the Tristar KSA facility at the Modon second industrial city in Dammam, to inspect the fleet and dangerous goods (DG) warehouse, which has a storage capacity of 10,000 pallets.
The fleet includes stainless-steel tankers, which are equipped with an operating box or pump room installed at the rear of the vehicle instead of at the bottom of the tankers. This change in the location of the operating box helps to facilitate safer operations. Depending on the product density,… [...]
A team of mechanics from Tristar’s Road Transport Operations cleared this morning, April 18, several light and heavy vehicles stuck in a flooded road in Jebel Ali Industrial Area No. 2.
The community service by the Tristar team has enabled light and heavy vehicles to traverse the road which is a vital link to the yards of several cement and construction companies and towards the labour camps in Jebel Ali Industrial Area No. 3. Since Tuesday afternoon, the road was unpassable due to the flood with two buses, a container truck and several cars stuck.
The team was led by Arundhan Alphones, Product Head – Road Transport (UAE), and Sujith Ravel, Manager – Workshop (Dubai). Tristar operates road tankers, trailers, and delivery pick-ups across the UAE for oil majors and national oil companies.
Tristar maintains a robust safety culture aligned with international standards to ensure the safe transportation of products… [...]
Tristar Group recorded a substantial 31 per cent increase in consolidated revenues to AED 4 billion while the EBITDA was up 29 per cent to AED 812 million as of December 2023.
Growth in revenue was driven by the Fuel Farms segment and the strong Maritime results from favourable freight markets. Group earning also benefitted from the contribution of Aquarius Energy, formerly HG Storage International, that the group acquired 51% in August 2022.
“The Group continues to maintain a strong focus on growth by leveraging the partner of choice relationship enjoyed with Core Customers as result of best-in-class service to our Primary Customers and a strong focus on cost control and performance excellence.
We expect to continue this momentum in 2024 and beyond, with our recent partnership with US-based RM Parks Inc. and Shell, with licence to operate over 150 Shell branded fuel sites across the Sri Lanka for over a 20-year period.… [...]
The Shell brand will enter the Sri Lankan fuel retailing market later this year after Shell Brands International AG (“Shell”) and RM Parks (Private) Limited signed a retail brand license agreement, and affiliates of Shell and RM Parks (Private) Limited signed a product supply agreement.
RM Parks (Private) Limited is a partnership of the Tristar Group (“Tristar”), a fully integrated energy logistics business serving the downstream oil and gas industry, and RM Parks Inc, an experienced distributor of Shell fuels in the North American fuel retailing market.
RM Parks (Private) Limited will rebrand to Shell an existing network of 150 retail fuel stations across Sri Lanka, which it was awarded a contract to operate for an initial period of 20 years by the Sri Lankan Ministry of Petroleum and Energy in 2023.
Building on Shell’s proven experience as the global leader in mobility, in bringing… [...]