OceanBz was established in Dubai in 2010 concentrating mainly in transportation of dirty, clean petroleum products. We have grown into one of the finest privately-owned brokerage houses in the region for chartering of oil, petroleum products & gas tankers.
We deliver unsurpassed services in the chartering of tankers for the transportation 'clean' and 'dirty' petroleum products. We facilitate tanker fixtures between oil traders, petroleum companies, refiners and the ship owners and operators. We negotiate freight and charter party terms for cargoes to be transported between ports, producers, refiners and end users. Tanker sizes we deal with ranges from 3,000 dwt ships carrying refined petroleum products (including naphtha, jet fuel, gasoline, gasoil, fuel oil and LPG) to petroleum product and crude tankers of upto 180,000 dwt. We have a team of brokers with vast experience and knowledge, who on a daily basis handles all aspects of spot chartering and longer-period time charters as well as contracts of affreightment (COAs). Since establishment Our team has concluded over 150 fixtures.
Specialized in Oil, Petroleum Products, Gas and Chemical tankers.
Charterers Broker: Our team of brokers cover the East of Suez market and continuously provides clients with freight information on the transportation of clean and dirty petroleum products. With a focus on the Middle East, Africa and Indian Ocean region, our brokers can arrange voyage and term charters as well as develop contracts of affreightment (COA) according to clients’ specific requirements. We negotiate to secure suitable tonnage at most competitive freights with favorable fixture terms for the cargo interests. We are happy that our clients keep coming back repeatedly to fix their cargos with us.
Improving Owners' Earnings : We work closely and directly with most of leading ship owners and large operators across the world in the clean, dirty, crude, chemical and gas tonnages. We strive to achieve highest daily earnings for vessels by reducing unemployment time and ballast costs between voyages. By keeping a close monitoring over charterers requirements in the regions we focus, we are able to find employment for tonnages of various sizes. We continuously advice owners on rate, price-outlook and earnings levels and regulatory changes in various geographies and strive to protect owner’s interest adequately with fair terms during negotiations.
Competitiveness: We are an independent, competitive brokerage house, and the only international tanker brokerage houses that have origination in the Middle East. We specialize to serve the chartering needs of the petroleum product traders located in the Persian Gulf, Arabian Gulf, Red Sea, Africa and Indian Ocean while having direct access to major tanker operators and tonnage world-wide. We have an in-depth knowledge of the freight markets, tonnages, tanker operators in the Arabian Gulf
Market Research: Equipped with knowledge of macro-economic view of fossil energy demand trends and trade flows, we are able to forecast supply-demand on tanker tonnages and advice charterers in developing their marine transportation strategies and to decide between time charter or spot voyages. With up-to-date market information of the fixtures and freights in various tanker segments and the availability of ships, our brokers assist Charterers and Owners to take time-critical decisions. With our in-depth knowledge of ports, terminal restrictions and oil major SIRE requirements, we are able to identify suitable tonnages and conclude fixure in a swift manner.
Operational Support: We are supported by a team of experienced operations professionals who provides our clients with a comprehensive service based on wide experience and knowledge. Our experienced operations team posses knowledge of regional and country specific regulatory requirements and is well trained to deal with a variety of operational issues. Operations get involved from the moment a deal is concluded and often continues far beyond the point at which the vessel is discharged, assisting in the settlement of demurrage and voyage related claims.
Sale & Purchase: To bring valuable services to our existing and new clientele, we plan to start our Sale and Purchase desk shortly. In an S&P deal, we represent one party in a deal to buy or sell new or used tonnage.
Sea Transport of Oil, Petroleum Products: Our core business is providing brokerage services for chartering of tankers for the movement of (1) Clean Petroleum Products namely Gasoil, Gasoline, Jet fuel, Naptha, Condensate, Heavy ends, Reffinates, Aromatics,etc. (2) Crude and Dirty Petroleum Products namely Fuel Oil, VGO, CBFS, DCO, etc. (3) Petrochemicals (4) Vegetable oils (5) LPG, Ethylene, Ammonia, PetChems, VCM, etc.
Voyage, Time and Bare Boat Charters: On a day to day basis our brokers fix spot (voyage) fixtures being at the fore-front and pulse of freight market. For Owners, we market ship's open positions and space to our close traders and find cargos even on back-haul voyages. For fulfillment of long term transportation committment we assist charterers in fixing vessels on Time Charter. Conversely, for Owners, we market their tonnage to find time charter employment. For operators and owners who have specific requirements, we conclude COA, bare boat charters, bare boat hire purchase, etc.
Commercial Management of Tankers: For Owners or Charterers who have own or time chartered Tankers, Tugs, Crew boats, OSVs OceanBz provides commercial management of vessels in order to improve vessel utilization, maximize earnings and reduce idle periods between voyages.
Voyage Management: For Traders who do not have a full fledged operations unit, we provide voyage management services such as preparing voyage orders, monitoring of vessel movements, updating cargo loading and discharging operations, agency appointment, purchase of bunkers, etc.
We negotiate maritime contracts, known as Charter Parties. The main terms of negotiation are freight/hire, laytime and demurrage.
Oil being a fast moving trade, freight rates for crude oil tanker charters are most commonly based on the Worldscale Index; the Worldscale Association publishes flat rates annually.
Some specific voyages, such as named voyages (i.e., from point A to B in certain geographies) and for specialist ships, like LNG tankers (a highly specialized sector of the tanker market), freight rates can be agreed at a fixed rate between the parties.
Our core service is providing brokerage for chartering of tankers for the movement of ..
On a day to day basis our brokers fix spot (voyage) fixtures being at the fore-front ..
For Owners or Charterers who have owned or time chartered vessels ..
For Traders who do not have a dedicated Operations unit, we provide voyage management services such as...
Our chartering team is set apart by its team of professionals equipped with the experience and expertise in all aspects of chartering. They come from diverse backgrounds such as Shipping, Trading, Legal, Engineering, Operations, Banking and Logistics. The combined experience of the team is over 50 years, of which 30 years has been in shipping. The team is innovative, efficient, passionate, and working toward the success of each cargo and fixture undertaken.
OCEANBZ is registered as a DMCC company in JLT Dubai.