Gulf Navigation and its group of companies own and operate chemical tankers with a fleet comprised of 8 chemical tankers and 4 crew boats used in the agency business line. The Group stresses full integration thorough having in-house ship management division servicing the Group's own vessels as well as third-party vessels. In addition, the Group engages in the sale and distribution of exclusive marine products.
Gulf Navigation partners with leading establishments in the region evident by chartering vessels to SABIC, a leading Saudi group. The Company also runs a Joint Venture with Stolt-Nielsen, one of the largest chemical tanker operators in the world with +140 tankers.
The Group is the only maritime and shipping entity listed in the UAE; it was listed in 2007 on the Dubai Financial Market.
The investment in Gulf Navigation reflects Tabarak's diversification philosophy and opportunistic investment strategy; Gulf Navigation is undergoing financial and operational restructuring that is set to put it on the path of sustainable growth and success.