Jan 31, 2020

Transguard Entrusted with the Transportation of Trigem’s Diamonds

Trigem DMCC, described as “an independent diamond service company”, has signed an agreement with Transguard, a leading security and logistics firm in the UAE, to provide “secure transport services” for the former’s diamonds.

Trigem DMCC is also all set to launch joint venture company Trigem Charlotte Boiling in February 2020. The JV has been set up along with Charlotte Quality Boiling of Antwerp, Belgium. The new company will offer boiling services to mining companies worldwide; as well as diamond traders in Dubai, said a report in Logistics Middle East, a trade publication.

The report stated that “diamond traders can now drop off their wares at Transguard's offices in Almas Tower, DMCC six days a week and pick it up the next day, after the stones have been processed by Trigem”. This service is seen as complementary to Transguard's other services for its extensive clientele based in DMCC. The firm offers special logistics and preferred prices to Trigem's customers worldwide and its global partners, it is reported.

Shaikh Ahmed Bin Manna Bin Khalifa Saeed Al-Maktoum, Partner at Trigem DMCC, is quoted by Logistics Middle East as saying: "Our aim is very clear: to make Dubai the centre of the world for diamond trade and diamond servicing. To accomplish this, we must prove our best-in-class service on the world stage. Obviously, one of the most critical components of the diamond industry is security. By partnering with Transguard, the most respected security provider in the UAE, along with being located in one of the safest countries in the world, we know this partnership will offer a level of security to Trigem Charlotte Boiling customers that simply can't be duplicated anywhere else on the planet."

The report also quoted Dr. Abdulla Al-Hashimi, Divisional Senior Vice President Emirates Group Security and CEO Transguard Group as saying: "Managing secure logistics and solutions for high-end valuables requires another level of expertise and experience, which is why we're the trusted partners for hundreds of businesses in the UAE. Transguard and TRIGEM are like-minded partners – we both have a vision for our business and for how it contributes to the growth of Dubai. We wish Trigem every success."

It is estimated that with Transguard's new transport service, Trigem Charlotte Boiling will be able to process and deliver over 1.4 million carats of diamonds per month.

Pic Cap: Seen at the signing of the agreement between Transguard with Trigem DMCC (left) Shaikh Ahmed Bin Manna Bin Khalifa Saeed Al-Maktoum, Partner at Trigem DMCC, and Dr. Abdulla Al-Hashimi, Divisional Senior Vice President Emirates Group Security and CEO Transguard Group