A breath of fresh air from GOM
Ship 2 Shore
The one century old US multinational, currently Indian owned, after having revamped marine lubricants division, entered the Italian market as a new player offering a crucial value added: Genoa-based South-European customer service Gulf Oil Marine Ltd, previously listed within notorious ‘seven sisters’, actually left an exhausting Posidonia week re-entering international limelight in its renovated role and recording better results than expected. Founded over fifty years ago in the United States, the whole Corporation was sold Chevron, other sister company which undoubtedly restrained its development, in 1984.
Subsequently (1991) the company was sold to Indian private buyers starting its new rise in marine lubricants, as subsidiary of Gulf Oil International, controlled by Hinduja Group, industrial giant recording over 60,000 workers around the world.