Tropicana Trading DMCC commenced operations during last quarter 2004 and has varied trading interests in Oil, Iron Ore and Coal. The company has been involved in term and spot business with National Oil Companies, Oil Majors, First Class International Trading Houses including Large Japanese Shoshas. The company’s annual trading volumes have hit a peak of 2.4 billion AED.
Headed by P.S. Menon, Petroleum Products Trading & Blending is the core competency of the Group.
Having commenced its operations during 2nd half of 2004, Tropicana Trading DMCC has grown into over USD 500 Million turn over Group with varied interests ranging from trading activities (in Oil, Iron ore and Coal) terminalling, tanker ownership and chartering to luxury resorts, specialized project investments and boat trading. The company has ongoing term and spot business with National Oil Companies, Oil Majors, First Class International Trading Houses including Large Japanese Shoshas. The Trading team is ably supported by 12 well experienced colleagues in Operations and Finance.
With the opening of both Singapore and Malaysian subsidiaries, the company intends to strengthen its shipping and trading activities to the Far Eastern market.