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Tristar Group receives US$8mn contract from Linde Global Helium

Tristar Group Founder and CEO Eugene Mayne. (Image source: Tristar Group)

Tristar Group, the global integrated energy logistics company has won a five-year contract, worth US$8mn, with Linde Global Helium

The contract requires Tristar to provide transport for Linde's helium cargo across the GCC. Tristar will utilise its specially designed fleet, with advanced built-in safety features, to ensure the safe transport and delivery of Linde?s cryogenic containers.

The cargo will be transported by Tristar?s professional drivers who are accredited and qualified to handle hazardous products, including cryogenic gases at extremely low temperatures.  

Eugene Mayne, Group CEO of Tristar said, ?We are delighted to have signed this contract with our long-standing customer, Linde Global Helium. Whilst this is most certainly a major win for us, we?re even more honored to continue working with Linde as they share in Tristar?s values and hold the same standards when it comes to health and safety."

"At Tristar, we operate with the highest level of safety practices, and this has always been recognised and celebrated by our customers. In 2018, we received the Linde Global Helium Award for our outstanding safety performance by achieving eight million accident-free kilometers for the transport of helium containers in the GCC, which serves as testament to the ongoing recognition we receive from the team at Linde. We look forward to continuing this partnership and further delivering on our proven excellence in operations, health and safety,? he added.

Kurt Richter, head of Helium Supply Chain Management at Linde, said: "Helium is a globally traded gas.  We pride ourselves on having a robust supply chain, with a diverse portfolio of sources, the largest fleet of cryogenic Bulk Helium containers in the world, and a state-of-the-art facility in Dubai for the staging and maintenance of our global fleet. With Tristar, we have a reliable partner who supports us in ensuring the supply of our global helium customers safely and on time, wherever they are."

Earlier this year, Tristar Group?s joint venture in Saudi Arabia United Stars signed a five-year contract with Linde-Sigas, to transport industrial and medical gases to Linde-Sigas clients across the Kingdom, from five centrally located depots in Dammam, Jeddah, Riyadh, Jubail and Yanbu.