NSI OFFSHORE

ON TIME & ON BUDGET

TOTAL FUEL MANAGEMENT FOR THE OFFSHORE SECTOR

WHY PARTNER WITH US?

NSI offshore brings the same transparent model we have used in other shipping sectors to the Offshore industry. As the leading global broker of marine fuel we assess operational risk, counterparty risk and analyse costs in granular detail to give our clients optionality and transparency in markets where external benchmarks are not available.

For too long the offshore sector has had no viable alternative other than to contract with one company at a price that is derived using various intermediaries and transfer pricing. NSI aims to fundamentally change this process putting the buyer in control of budget, logistics and supply chain. Each delivery will include an audit trail of comparative quotes, itemised costs as well as our recommendation as to the best logistical fit. This will be combined with fuel proactive fuel quality assessments and alerts.

NSI are aware of the project based nature of the offshore industry. We are able to put together long term and definable pricing models for complex logistical bunker deliveries to ensure you are on time and on budget.

 

 
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TOTAL FUEL MANAGEMENT FOR THE OFFSHORE SECTOR

Traditionally offshore bunker supply has been opaque in terms of pricing, benchmarking and the underlying cost of logistical elements. NSI offshore has been launched to provide the same transparency NSI has brought to other markets over the last 20 years coupled with fixed management fees. No longer will offshore operators have to pay inflated prices with no way of checking the real costs.

PLANNING AND LOGISTICS

We assess our customers key lifting locations. Part of this process involves looking at the bespoke needs of each bunkering both in terms of health and safety but also to minimise disruption and to get the delivery completed in a timely manner. We will provide you with an operations manager to handle each individual stem.

CREDIT

We conduct a comprehensive credit review for all of our clients and ensure there is adequate and optimal credit cover basis the type of company, risk profile and preferred routes to market. What's more we liaise with credit reporting agencies to ensure your profile is accurate and payment performance references are reflective of your companies 'real life' performance. This ensures credit lines are maximised and the views of financial and insurance companies are aligned to the clients expectations.

TIMING

We are constantly assessing the market in terms of local port conditions as well as macro-economic trends and the futures market to ensure your bunkering is done at optimal timing. This ensures logistical continuity and price risk management.

FIXING

We ensure comprehensive cover in every port our customers call and offer advice on individual companies terms and conditions, time bar clauses as well as historic claims ratios and latest testing results. This will ensure buyers can make purchasing decisions with a complete overview of the options.

POST FIXTURE

We have an experienced post fixture department to manage all the documentation and to check for errors and omission. The team diligently ensure everything customers receive is accurate.

CLAIMS MANAGEMENT

We have a team of highly experienced claims management professionals. They are expert in analysing documents and advising on best practice to solve claims quickly and effectively.

ACCOUNT MANAGEMENT

We are here to handle all bespoke reporting requirements and to benchmark performance for management and external scrutiny.

RENUMERATION

We charge a flat broking/management charge. Included in that fee are all of the above services. This is essentially the difference between NSI and the traditional traded model most offshore companies are left to follow.

QHSSE

Quality, Health, Safety, Security, and Environment is an integral part of our offering. We conduct regular risk assessments and include as part of our KPI's for our stakeholders.

Most players in the market concentrate purely on a transactional model.
We are proud to say NSI is focussed on Total Fuel Management.
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ABOUT US

Nautical Supply International Offshore (NSI Offshore) was formed in 2022 as part of the wider NSI group. It couples the global broking resource of NSI with specific logistical expertise to manage complex offshore deliveries.

The goal is to simply introduce offshore companies directly to suppliers. Clients will see a significant reduction in cost as well as a comprehensive account management process and optimised logistics.

Nautical Supply International Limited (NSI) was formed at the beginning of 2003 after identifying that, due to ongoing mergers and acquisitions within the bunkering industry, there was a need for a traditional - and importantly - independent, bunker broking company.

We believed that a more flexible, intimate and responsive company should be formed based on the time honoured principle of the broking industry that 'my word is my bond'.

19 years on we are a trusted industry leading broker in the Bunker market and continue to offer a completely independent bunker broking service that combines over 150 years experience across multiple functions in the oil supply industry. Our team of expert brokers utilises accurate, real-time market knowledge which we believe gives transparency back to our clients.

NSI's team is accessible 24 hours a day, 7 days a week, 365 days a year. This year we have delivered bunkers globally on behalf of our international clients base, in over 200 locations.

Our client list is enviable covering all sectors of the shipping industry: from oil majors, large bulk operators, utility companies, container operators and car carriers requiring significant tonnage, to smaller specialist vessels and chemical tankers desiring only minimal bunkers to reach their next port of call.

Nautical Supply International Limited is UK registered and accounts/shareholding are publicly available.

Nautical Supply International DMCC was set up in 2018 as a separate entity and also incorporates a representative office in Athens providing broking services to the Greek shipping market. The Dubai based office provides broking services to Middle East based clients as well as expert knowledge of the local bunker supply markets.

Nautical Supply International Inc was formed in May 2020 to significantly expand our operations in the US. Its focus is on account management of existing and new NSI customers, as well as, further developing supply side relationships throughout the Americas.

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BUNKER INTEL

As part of our Total Fuel Management programme you will be given access to our www.bunkerintel.com platform.

You will receive daily and timely market intelligence on all key global bunker hubs directly from our team of brokers. Unlike other platforms we do not use algorithms. The pricing you receive will be what our brokers are seeing in the market.

Bunker Intel Map Page Bunker Intel Pricing Page

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PRICING

SPOT PRICING
NSI can offer the most competitive spot pricing on the market. We monitor the local and macro economic landscape to bring best value.

FIXED FORWARD
PRICING

NSI can negotiate traditional FFP with key suppliers. We provide in depth analysis to help with timing and to minimise counterparty risk.

AVERAGE OF THE
MONTH PRICING WITH TRIGGER MECHANISM

NSI can offer the customer the flexibility to convert average of the month contracts to fixed price with the use of a trigger mechanism giving maximum flexibility.

AVERAGE OF THE
MONTH PRICING

NSI can benchmark contracts against the major markets allowing easy hedging of product. We can also analyse arbitrage between different markets.

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CONTACT

If you would like to find out how we could help your business please either send us a message using the form or contact us directly.

Office address:

Nautical Supply International DMCC - As brokers only
Office: 505
Jumeriah Bay X3 Tower
Jumeirah Lakes Towers
Dubai
UAE
PO Box 283360

Telephone:
+971 508 609 141

Email:
bunkers@nauticalsupplyoffshore.co.uk