When did Sulnox announce the distribution agreement with Pan Marine?

Sulnox announced the agreement on 5 March 2026.

What will Pan Marine do under Sulnox’s distribution agreement?

Pan Marine will actively market Sulnox Eco through its established customer network and use the distribution platform through which it has scaled marine brands including Castrol. The agreement is intended to expand Sulnox’s access to the Suez Canal area and the broader Middle East.

Has Pan Marine placed an order for Sulnox Eco?

Yes, Pan Marine has placed its first commercial order for Sulnox Eco. The source does not state the order’s value or volume.

Has Pan Marine adopted Sulnox Eco across its own fleet?

Pan Marine has moved directly to adoption of Sulnox Eco in its own fleet without a trial, after reviewing case studies from other maritime operators including Eastern Pacific Shipping. Its fleet includes platform support vessels, a container ship and a RoPax, all certificated to the highest international safety standards.

How large is Pan Marine’s distribution network for Sulnox Eco?

Pan Marine serves nearly 1,500 clients through more than 20 locations across Egypt. It is headquartered in Alexandria and operates within Free Zone hubs in Al-Amerya and Suez, supporting distribution and fleet operations at the Mediterranean and Red Sea gateways of the Suez Canal.

What does Sulnox do and how does Sulnox Eco work?

Sulnox describes itself as a greentech company delivering lower fuel costs and emissions with zero capex. It says Sulnox Eco is designed to improve combustion efficiency and storage stability for traditional and biofuel blends.

Why is the Suez Canal important to Sulnox’s distribution agreement?

Sulnox said the agreement strengthens its access to the Suez Canal area, which carries approximately 12% of global seaborne trade and up to 30% of global container traffic. The canal handles more than 20,000 vessel transits per year and has historically transported around 1.6 billion tonnes of cargo each year, according to the source.

What fuel and regulatory issues does Sulnox associate with the Suez Canal region?

Sulnox said tougher EU emissions rules under FuelEU regulation are affecting ships travelling between Asia and Europe, while some biofuels loaded in Asian ports can become unstable during extended storage. The company said Sulnox Eco is designed to support fuel performance and stability during this transition.

What did Sulnox’s CEO say about the Pan Marine agreement?

Sulnox CEO Ben Richardson said the agreement materially strengthens Sulnox’s position in the Suez Canal region and provides a platform for growth. He linked the opportunity to increasing regulatory pressure, greater use of biofuel blends and Pan Marine’s decision to adopt Sulnox Eco across its fleet after reviewing independent data and maritime case studies.

What did Pan Marine say about adopting and distributing Sulnox Eco?

Marwan Haridy El Shazly, Pan Marine’s Vice President (Marketing Contracts), said Pan Marine decided to implement Sulnox Eco across its own fleet after reviewing independent data and maritime case studies. He said Pan Marine would actively introduce the product to its established regional customer base as regulatory and fuel standards evolve.

What are the next steps for Sulnox and Pan Marine under the agreement?

Pan Marine will market Sulnox Eco across its established client network, while it has already moved to adopt the product in its own fleet. The source does not provide a timetable for further orders or distribution milestones.

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Sulnox announces Pan Marine distribution agreement for Egypt and wider Middle East

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Sulnox Group PLC

AQSE:SNOX
OTCQX:SNOXF

Sulnox announces Pan Marine distribution agreement for Egypt and wider Middle East

Published Thursday, 05 March 2026

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At a glance

Company: Sulnox Group PLC
Listings: AQSE:SNOX, OTCQX:SNOXF
Announcement type: Contract award
Published: Thursday, 05 March 2026
Source announcement: sulnoxgroup.com

Key figures
Measure	Figure	Period
Locations	more than 20 locations	Not stated
Vessel transits	more than 20,000 vessel transits per year	per year

Figures are quoted from this announcement and selected automatically.

FAQSIR Generated from this announcement View original release below for safe harbor and regulatory notices

Announcement Summary

Sulnox announced a distribution agreement with Pan Marine Petroleum Services covering Sulnox Eco in Egypt and the broader Middle East.

Sulnox said the collaboration enhances access to the Suez Canal area and broader Middle East through Pan Marine’s distribution capabilities.
Pan Marine has placed its first commercial order and will actively market Sulnox Eco across its established client network.
Pan Marine will use the distribution platform through which it has scaled marine brands, including Castrol.
Pan Marine adopted Sulnox Eco across its own fleet without a trial after reviewing case studies from other maritime operators.
The fleet includes platform support vessels, a container ship and a RoPax.

Pan Marine serves nearly 1,500 clients through more than 20 locations across Egypt and operates in Free Zone hubs in Al-Amerya and Suez.

Investor FAQs

Sulnox announced a distribution agreement with Pan Marine Petroleum Services in Egypt. Pan Marine has placed its first commercial order and will market Sulnox Eco across its established client network.

Source announcement

Company: Sulnox Group PLC
Title: Fleet Adoption and Distribution Agreement with Pan Marine
Published: Thursday, 05 March 2026
Source site: sulnoxgroup.com

Read the source announcement on sulnoxgroup.com

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