M&M Group secures key expansion at the Port of Fujairah

UAE

FUJAIRAH, July 31, 2024 – Mercantile & Maritime Group has secured land from the UAE’s Fujairah Oil Industry Zone for the expansion of a key terminal at the Port of Fujairah, FOIZ announced last week.

The allocation of an additional 54,000 square metres for the Mena Terminal will allow the construction of a biofuels processing plant.

The Mena terminal, acquired by M&M Group in September, holds 14 tanks and has the capacity to store 2.2 million barrels, or 352,000 cubic metres, of black and white refined petroleum products.

The Port of Fujairah ranks as one of the world’s largest bunkering hubs. The FOIZ targets the production of clean fuels in the zone.

“This land lease agreement is the next step in the terminal’s journey as a supplier of green fuels. We thank FOIZ for their support and commitment to energy transition in the region.”

Singapore-headquartered M&M Group is an independent energy and commodities trading company.

Photo courtesy of FOIZ.

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