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    Bunker Broker
    Experienced, accountable marine fuel purchasing team underpinned by innovative technology.

About Us

Why Choose Us?

Who are we? What we do?

Fuels & Gas Co Ltd is an independent privately owned bunker broking business based near to Versailles in France.

Established by Mr. Eric Ninauve in 2016, we offer safe and simple bunkering solutions for shipping and chartering companies of all sizes. Our business is built around a unique combination of experience, connections and innovative technology, allowing us to work enquiries faster, more efficiently and with greater results.

Eric Ninauve
Eric Ninauve  CEO

As a senior bunker broker with over 20 years experience within the shipping and the bunkering industry, Eric has been involved in all aspects of bunkering. He fullly understands the complex nature of this business and has worked with tanker chartering as broker of a smaller fleet of vessels operating worldwide as well as working in the bunkering sector covering all aspects of worldwide trading/broking bunkers with the best bunker broking companies (including Petrobulk Paris, Texaco, Wilhelmsen LQM and Monjasa).

Contact: eric.ninauve@fuelsandgas.com | tel: +33 970460690 | mobile: +33 676274129 |

Working With Us

Ethics & Approach

Trust

There is no brokerage without trust, and no trust without ethics.

We combine strong negotiation skills with complete discretion. Our sole objective: high quality client service. Each member of our broking team is master of their own time and work. Only the results count.

Expertise

The marine bunker oil market is a complex and fascinating world.
Complex, because it engages companies of all sizes, all nationalities and all cultures.
Fascinating, because it finds itself at the crossroads of the planet's economic, geopolitical, ecological, climatic concerns.
The benefit of our expertise makes the process of buying fuel simpler and safer, removing speculation and risk.

Knowledge

Buying bunkers is not a ship owner or ship operator's core business. Equally, the core business of oil companies, refiners and traders is buying, manufacturing and selling fuel oil. As part of that process, they monitor prices and are in the markets daily buying and selling fuel oil. In short, not only do they know the market, they are the market. The challenge to the purchasing community is the perfection of competitive advantage in an area outside their core business. This is where Fuels & Gas brokers can help.

Integrity

Given the magnitude and expense of purchasing bunker fuels, the potential impact on profitability and therefore the importance of purchasing cannot be over-emphasized. It is in this context that our services as a broker should not be under estimated. We will help you achieve an advantage, through competitive equality of information and establishing a strong position in the market. The former is critical to this goal and is the sole purview of the broker.

Services

Fuel Purchasing

In working with his client, the broker:

  • - Maximizes market coverage
  • - Evaluates suppliers on their service, reliability and quality of fuel
  • - Generates competitive interest among suppliers
  • - Determines the optimal timing by tracking market fundamentals
  • - Follows-up on operations to ensure timely delivery

Supply Chain Management

When becoming a client we will initially do a detailed audit of current supply chain. The focus will be on 3 main areas:

  • - The cost of credit
  • - The integrity of the supply chain
  • - The risk of part of the supply chain exiting the market

We will point out any weaknesses and make suggestions of alternative supply options. During the management of the account we will conduct periodic reviews to continuously assess the supply chain.

Price Risk Management

One of our first tasks will be to map out your expected lifting profile over the next 12 months. We will identify any key ports and discuss the following:

  • - Is there potential for term contracts?
  • - Is the market favourable for FFP contracts?


If the lifting profile shows no key ports with significant volumes we will discuss alternative hedging strategies to enable effective budget planning. We will outline the risks of each strategy and the potential gains.

Technology

Service

Working Faster with Full Accountability

Our technology platform underpins our business, allowing us to:

  • Work faster and more efficiently
  • Provide complete transparency to our customers
  • Record a full audit trail of each enquiry
  • Provide benchmarking and comparative reporting as required