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FAL Group consists of Three Major Companies established to give its customers a complete operational service, namely: |
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FAL Oil Company Limited – Engaged in bulk buying and trading of oil and related products in cargo lots.
FAL Energy Company Limited - Engaged in the sales of bunkers.
FAL Shipping Company Limited – Engaged in facilitating the above operations as well as the chartering, purchase and sale of vessels.
Also FAL Energy UK Ltd, FAL Oil UK Ltd and lately FAL Oil Asia Pte Ltd (Singapore) have been contributing to the success and exploring newer markets.
FAL Group also has several other major companies involved in such diverse activities as refining, storage, domestic sales and the manufacture and distribution of lubricants.
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FAL Oil Company Ltd has been an Oil major in the Middle East with a marketing office in London and Singapore and agents in Tokyo, New York, Singapore & other major trading centers.
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FAL Shipping Company Limited is engaged in facilitating the operations and manages a fleet of over 30 tankers, ranging from 1,000 DWT to 260,000 DWT. It is an independent entity that arranges the chartering of both their own vessels and those of other owners. The whole fleet is maintained under the strictest standard class and with ISM Certificates. The company is also equipped with a fully fledged workshop for maintenance and repairs of their vessels. This enables them to cater the requirements of the cargo as well as bunkering operations of its sister companies.
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FAL Energy Company Limited is the eldest established and largest bunkering company in the Arab Gulf and Gulf of Oman. Over the last five years it has established a 45% share of the marine market in the area. Due to the strategic location particularly Fujairah and Khorfakkan port on the Gulf of Oman just south of the Straight of Hormuz, UAE has positioned itself as one of the largest on-shore & off-shore bunkering centers. It is estimated that between 12 to 15 million MT of bunker fuel a year are delivered offshore in the UAE and specifically the anchorages off Fujairah, Khorfakkan and the Dubai area. Fujairah’s current status as Singapore’s leading contender is all the more impressive by the speed at which this growth has occurred. With offices in Sharjah, Khorfakkan and London linked by state-of-the-art communication system, FAL is able to provide its customers with a 24 hours service of the highest standard.
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FAL also owns an offshore facility of 260,000 MT and other onshore storage facilities of over 200,000 MT and two loading oil terminals in the region. Additionally, they lease a storage facility with a capacity of 350,000 cubic meters and are currently constructing a further storage facility for a further 350,000 cubic meters. These storage facilities are located in three locations in the Arab Gulf and Gulf of Oman Region.
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