When people traditionally think of brokers they automatically think of mechanics of fixing stems. At NSI the execution of the transaction is only a small part of the job we do. As our business has developed we have moved away from the concept of broking commissions in favour of management fees to reflect the varied work we do for our owners.
We conduct a comprehensive credit review for all of our clients and ensure there is adequate and optimal credit cover basis the type of shipping 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.
We assess our customers key lifting locations. Part of this process involves help in assessing upcoming COA's to ensure your bunkering is optimised. Through the use of www.bunkerintel.com customers have at their fingertips planning tools backed up by the latest pricing data from our team of brokers.
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.
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.
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.
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.
We are here to handle all bespoke reporting requirements and to benchmark performance for management and external scrutiny.
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 other brokers/bunker management companies.
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
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.
NSI can offer the most competitive spot pricing on the market.
NSI can negotiate traditional FFP with key suppliers
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.
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 Limited
+44 (0)1442 291 430