Novum Energy

Novum Energy’s expansive fleet of vessels is constantly growing, enabling us to find the right transport for any quantity shipment. Never limited by our fleet or reach of operations, we are able to provide our services globally, on time, and to precise specifications.Novum Energy offers a stable and reliable product supply which includes fuel oil, distillates, metallurgical coal, and a variety of custom options which we are capable of delivering efficiently.

NOVUM ENERGY PROMISES TO KEEP OUR CUSTOMERS AS OUR NUMBER-ONE PRIORITY IN EVERY TRANSACTION, PROVIDING EXPERT AND PROFESSIONAL SERVICE CONSISTENTLY.

Services

• Novum has access to a large fleet of vessels and is able to charter vessels for virtually any type and size of bulk oil voyage. While cost of shipping is always a factor, Novum strives to give the best value-quality service. When it comes to our business, we are also conscious of the environment.
• Novum specializes in the refined oil space, and we have bought and sold many different grades of product. With our expert traders, we are able to source virtually any type of refined oil product. Our traders have many contacts in the energy commodity world, enabling us to deliver your supply needs on time. See all of our staple products.
• With our expert finance team and vast array of contacts in the banking world, we can help with inventory financing. We are able to offer a full service package right up until you need the oil at the rack. Contact us today to see how we can reduce your costs, while guaranteeing on-time and on-spec supply.
• At Novum, we pride ourselves on being able to supply exactly what the client needs. In cases where the exact specification of the product is not readily available, we have the expertise through our network of agents and inspection companies to blend the product to meet every local specification.
• Novum has access to significant financing capacity through traditional transactional trade finance lines with some of the major international banks and also through non-traditional bespoke finance facilities. Through our large network of contacts, we are able to tailor finance packages.

Fuel Oil

Fuel oil, also referred to as, Heavy Oil or Residual Fuel Oil, is a residue obtained from the distillation of crude oil during the refining process. Fuel oil is commonly used as feedstock for refineries but is also commercially sold for power generation for either large vessels or electric utilities. Depending on the customer, our fuel oil trading operation has the capability to meet multiple specifications, tailoring blends to individual customer needs and requirements.

Gasoline

Gasoline continues to fuel most of the world’s automotive needs; it is made by blending a number of refined products from the light distillate streams, with this blend varying depending on local specifications. We have a range of logistical assets and capabilities to enable reliable supply of gasoline to meet our customer’s requirements. We work closely with a number of refiners, state-owned oil companies, marketers, and distributors on a regional basis to react quickly to market needs.

Coal

Our metallurgical coal trading operation covers different grades of coking coal. Our team manages equity production from our mining activities in Colombia and US East Coast volume from producing partners. Our metallurgical coal is highly sought after in the energy market for its low volatile matter and coking properties. Additionally, we are fully capable of blending metallurgical coals in order to meet any customer requirement.

Custom

Novum Energy is committed to providing the exact quantity and quality that our customer’s expect from each order, and we will charter a wide array of products at the request of our patrons. Our goal is to provide the best possible services in compliance with international regulations and customer expectations. To inquire about a product not found on this page, contact us to speak with a Novum representative about how we can fulfill your order.