What we Do?
Navik Group focuses on several significant verticals of commercial shipping with oil/chemical tankers being the front-runner. Since 2Q 2016, the Group has negotiated excess 215,000 MT oil and petrochemical commodities and shipped successfully 156,000 MT as on March 2017.
Dry-Bulk commodities such as iron ore, limestone, cement, nickel, manganese, coal, grain, has shown lot of promise in our Indian entity – Navik Shipping Pvt Ltd. Shipments are handled in geared/non-greared handymax to supramax tonnages, with the capesize units for the longer hauls such as Brazil to SE Asia. With pipeline projects involving most neighbouring countries, our team is also working on newer business in Africa, Myanmar, Sri Lanka, Maldives, Vietnam and the Philippines.
Besides petroleum and petrochemical, its involvement is astounding in LPG/LNG/crude with projects (including 1-3year term charters) driving on annual agreements; Red Sea singularly totalling 25-30,000 MT.
Commodity sourcing, freight contracting, and open book trade forms our Intercontinental Commodity Solutions (ICS) division with strong penetration in US Gulf, ARA, Europe, Saudi Arabia-Qatar-Kuwait, Pakistan, Mid-East Gulf, SE Asia, and the Far East.