Novum Energy employs a strategically mixed approach to reach its trading goals. One of the ways Novum competes in the international trading market is by using a combination of ships contracted under both long-term time charters as well as spot, individual fixtures. By having both a reliable source of cargo space offered by time chartered ships and ad-hoc use of spot ships for sudden surges in cargo demand, Novum has the level of flexibility needed to be successful in its trading opportunities.
Our ships operate all over the globe, particularly in places where we also maintain strategic storage such as St Eustatius, Brownsville, Puerto Rico, St Croix, and Spain. Our storage locations are specifically chosen to be close to our core trading activities while giving us the chance to participate in additional trading opportunities when opportunities arise.
Total BOE traded through 2022
Storage Locations around the world
BBLs Storage Capacity
Vessels Time Chartered Fleet