Founded in 1987, Nishant Import & Export Co. LLC provided shipping solutions for specialized petroleum products during the early years. The company scaled up operations with forward integration and emerged as an eminent trading firm with its own vessels for transportation within the European and Asian markets. Over time, the company ventured into allied sectors and this marked the advent of Nishant Import & Export Co. LLC as a dominant enterprise in UAE, providing shipping services and solutions to customers across continents.
Starting out with a solitary tanker of its own in 1993, in less than a decade, Nishant Import & Export Co. LLC became one of the fastest growing companies in the sector, with a fleet of 17 vessels and an annual turnover of over US$100 million. While the company exited its Shipping portfolio by 2005 and shifted its focus to other verticals, the robust commercial success of the shipping business set the foundation for the Group’s solid foray into other sectors.