Fuel Bunkering Services (UFS)
UFS exclusively purchases all fuel requirements for vessels belonging to these shipping companies, as well as for other third party shipping companies. The group’s diversified fleet is strong with a combined size of some 650 vessels. Acting as owners sole representatives in the marketplace, UFS is sourcing products and services for the accounts of the various individual shipping companies. The UFS role differs from the usual role of a broker as the company does not require commissions from suppliers/sellers, but just forwards the net prices and the bunker bill directly to the end user for settlement to terms.