Strategic Logistics &
Trading Platform

Engagements are underway with LISCO to launch a joint venture aimed at transforming steel logistics through specialized shipping and expanded trade.

Strategic Integration Milestones

The process has achieved several key milestones that strengthen our relationship:

• Executive Engagement: High-level discussions are ongoing with the Libyan Iron & Steel Company (LISCO), one of North Africa's leading industrial enterprises.
• Logistics Optimization: The joint venture aims to optimize LISCO's logistical operations through targeted improvements.
• Technical Excellence: Combined technical teams now provide round-the-clock vessel support, leveraging Empire's 75-year heritage in maritime operations with modern management practices.

Operational Enhancements

The integration has opened new avenues for growth and service enhancement:

• Fleet Optimization: Acquisition of specialized vessels to streamline the import of raw materials and export of finished steel products.
• Exclusive Channels: Exploration of exclusive shipping rights to support expanded steel trade.

Looking Forward

Further plans are being developed to reinforce our commitment to integrated logistics and industrial growth, positioning this venture as a catalyst for regional trade transformation.

Tamoil Overseas Limited is actively exploring and investing in new opportunities within the marine lubricants sector, aiming to enhance vessel performance and environmental sustainability.

Market Analysis & Strategic Entry

In-depth market research is being conducted to identify key growth areas and innovative product lines in marine lubricants. This includes assessing demand for eco-friendly and high-performance solutions across various vessel types.

• Industry Trends: Analyzing the shift towards sustainable and bio-lubricants to comply with evolving environmental regulations.
• Competitive Landscape: Identifying key players and potential niche markets for differentiation and competitive advantage.
• Technological Advancements: Evaluating new lubricant technologies that offer improved efficiency, reduced wear, and extended drain intervals.

Partnership Development

TOL is engaging with leading manufacturers and suppliers to forge strategic partnerships that will secure access to advanced lubricant technologies and robust distribution networks.

• Supplier Vetting: Rigorous selection process for partners based on product quality, innovation, and supply chain reliability.
• Distribution Synergies: Leveraging existing logistics and maritime capabilities to create efficient distribution channels for marine lubricants.

Sustainability Focus

A core aspect of this initiative is a commitment to sustainability, focusing on lubricants that reduce emissions, improve fuel efficiency, and minimize environmental impact in marine operations.

• Eco-friendly Formulations: Prioritizing lubricants with lower toxicity and higher biodegradability.
• Emission Reduction: Contributing to cleaner marine operations through advanced lubricant performance.

Operational Benefits

By offering premium marine lubricants, TOL aims to provide its partners with solutions that lead to reduced operational costs, extended engine life, and improved overall fleet efficiency.

• Performance Optimization: Enhancing engine reliability and reducing maintenance needs helps minimize service disruptions and streamline support operations.
• Cost Efficiency: Extended component life and improved fuel economy reduce long-term costs for operators while supporting TOL's inventory planning and product lifecycle management.

We are pleased to announce the resumption of its business collaboration with Libya's National Oil Corporation (NOC), marking a renewed phase of strategic engagement and regional partnership.

Strategic Collaboration Goals

TOL is entering a new phase of growth, shaped by refocused partnerships and operational improvements. As the energy landscape continues to shift, we're focused on reconnecting with key regional players and refining our logistics approach to better serve evolving market needs.

• Maritime Initiative: Chartered vessel operations which launched in early 2025 through our subsidiary Empire Chemical Tanker Holdings, with aims to boost trade efficiency, reliability, and long-term value in maritime logistics, aligned with evolving market needs.
• Logistics Reform: Deploy chartered vessel operations to streamline logistics, reduce turnaround times, and improve service dependability.

Operational Enhancements

By reconnecting with NOC, TOL is reinforcing its commitment to:

• Alliance Building: Strengthening Strategic Partnerships across key markets.
• Charter Optimization: Boosting Operational Efficiency through tailored chartering solutions.

Looking Ahead

The evolving engagement with NOC lays the foundation for deeper regional integration and expanded commercial activity in North Africa. TOL aims to build on this momentum by strengthening strategic partnerships, enhancing supply chain resilience, and positioning itself to meet evolving energy demands across the region.

TOL is partnering with our fellow Oilinvest's subsidiary, StreamPro and our own Empire Chemical Tanker Holdings to deliver Shipping Management Training Courses tailored for strategic partners. This initiative is designed to strengthen industry expertise, build long-term relationships, and elevate operational standards across the maritime sector.

Strategic Collaboration Goals

The partnership focuses on two primary goals to enhance capabilities across the sector:

• Specialized Excellence: The partnership aims to cultivate a highly skilled workforce by offering specialized training aligned with evolving industry demands.
• Sustainable Innovation: By collaborating with leading maritime organizations, TOL is reinforcing its commitment to innovation, excellence, and sustainability in shipping operations.

Operational Enhancements

The program is evolving to meet global demand and industry needs, with expanded access and enhanced training that delivers practical, job-ready skills.

• Global Expansion: Plans are underway to expand course offerings and extend the program's geographical reach, enabling broader access to professional development.
• Industry Skills: These enhancements will support operational excellence and ensure participants are equipped with practical, real-world skills to meet industry challenges.

Looking Ahead

This initiative reflects TOL's vision to lead the shipping industry by setting new standards in customer satisfaction and strategic collaboration. The mission is to deliver top-tier training that empowers shipping professionals, supports career growth, and drives long-term value across the maritime ecosystem.