About us
About Us
What We Do
Bnzyn Energy DMCC was established in 2019 as an energy trading company with ambitions of
growing its brand within the region. As of 2022, we are a vertically integrated company that is
on the verge of crossing the US$ 1 billion turnover mark, whilst shipping over 1.3 million tons annually and operating throughout the value chain.
Bnzyn Energy places great emphasis on supply chain innovation and sustainability as well as
adherence to international standards. We are an ISO & OHSAS certified group and have invested
in renewable energy, most notably through the solar startups.
Aside from trading, Bnzyn’s core activities include risk management, trade finance, operations, logistics, marketing and distribution as well as providing niche services across challenging geographical areas. We have an enviable client base, that includes national oil companies and oil majors and have passed strict audits from major oil and gas suppliers. Bnzyn Energy has further established its position in the market by making a large capex investment in a state-of-the-art oil storage terminal.
Trading and Supply
Bnzyn’s trading and supply experience spans over a decade of successful trading relationships with national oil companies such as BAPCO, KPC, ENOC, ADNOC, Emarat, EGPC, PSO, Ceypetco, & Esso Italy and many others. This reliable supply network allows us to effectively and reliably serve our clients in the UAE and Indian sub-continent
Risk Management
Market price risks are arguably the largest risk to the company and so it is standard practice at Bnzyn Energy to hedge these risks wherever possible. We have a dedicated in-house team which adopts comprehensive risk mitigation tools to manage price risks. In this process, Bnzyn Energy primarily utilizes futures and swaps to manage its risks. The in-house dedicated Risk Management team, which directly reports to the management, is responsible for planning, implementing and monitoring the company’s risk on a daily basis.
Shipping and Chartering
Bnzyn’s in-house shipping and chartering team is relied on for timely fuel deliveries globally. With experience in developing and managing efficient shipping and chartering, our operations cover spot and time charter voyages, as well as reviewing shipping flows and trends.
Bnzyn Energy is registered with major ship owners and shipping brokers across the globe and is supported by stable financing and risk mitigation processes which optimize the way we deliver products to our clients.
Terminal and Storage
Bnzyn Energy, through a JV entity, Premier Products FZC, has invested in an 90,000 cubic
metre oil storage terminal in Hamriyah, Sharjah, UAE for handling Gasoil, Gasoline, Naphtha,
Jet A-1 and Condensates.
The facility boasts berth access to the main harbor (12.8 m draft) and inner harbor (7m draft)
with five-line connectivity to the terminal and has four automatic loading bays with a loading capacity of more than 100 trucks per day.
Aviation Fuel Solutions
Bnzyn’s end-to-end aviation fuel supply and delivery solutions are relied on by the U.N., NATO and Defense Logistics Agency (DLA-E) for the supply of Gasoil, Gasoline, Jet A-1/JP-8 and Avgas in challenging areas.
Our ability to adapt to challenging environments, while meeting the highest standards required by international organizations for civil, commercial and military aviation applications in a cost effective and innovative manner, has earned us the trust of some of the most demanding clients across the globe
Specialized Services
Bnzyn Energy trades bulk fuel movements to inland and landlocked countries through
multimode and multi-route supply chains via trucks, rail wagons and inland barges.
We also offer non-bulk and ad hoc solutions such as airlifting drummed fuel and ISO tank shipments.
Our ability to procure, store and distribute fuel in challenging and often hostile environments is a distinguishing strength of our organization and gives us an unrivaled edge across midstream
requirements.
Bnzyn Energy also adds value to its core operations by trading blend components such as cutterstocks, solvents, white spirits, bioproducts; delivering these blended products to variousdestinations and clients across the globe.
Retail Terminal
Our downstream retail terminal operations are recognized for efficiency and reliability, with
unwavering commitment to safety and environmental stewardship. Trinity also operates a two bay retail terminal in Jurf, Ajman, UAE, with a loading capacity of ten trucks per day. This
translates to a total tank capacity of 700 cubic metre (180,000 gallons) with further expansion
projects
Distribution – Trucking and Barging
Bnzyn’s subsidiary, Trinity Oil and Diesel, arranges for truck and barge delivery to customers on a delivered basis and has a network of reputable trucking and logistics companies to ensure reliable delivery, wherever and whenever needed.
Our experience in managing trucking and barging operations on behalf of our clients has given us the expertise needed to establish proprietary distribution networks which consistently operate to various highest standards. Trinity is also exploring the options of owning and leasing trucks to support deliveries to clients.
Distribution – Wholesale and Retail Marketing
Bnzyn Energy, through its retail and distribution arm Trinity Oil & Diesel, supplies Gasoil 10
ppm, Bitumen and Lubricants to wholesale and retail customers in the UAE.
Bnzyn also arranges retail supplies for the Defense Logistics Agency and to renowned industry leading clients in the utility, construction and contracting industry within UAE.
Service Delivery and Quality Standards
Our quality assurance is comprehensive and enforced across all our operations, encompassing the entire value stream. Bnzyn is ISO certified and operates in line with ESMA (Emirates Authority for Standardization and Metrology) guidelines.
Furthermore, we track and monitor adherence to delivery schedules, ensuring a high level of customer service with proactive communication.
Trade Finance
Our strong financial standing and track record of being a debt-free company allows us to support our clients and our trading activities through partnerships with leading banks and financial institutions. We work with local, regional and international banks to ensure vigorous adherence to financial best practices, compliance and reporting in order to ensure seamless trading operations across all our operations. Our primary banking partners are ING, BCGE, Credit Suisse and Macquarie..
Health, Safety and Environment
The Bnzyn Energy Group is a certified ISO 9001:2015 and OHSAS 18001:2007. Our HSEMS drives everything we do and is enhanced by state-of-the-art technology, tools, processes and competency at all levels.
Compliance
Bnzyn Energy follows a defined compliance policy with strict adherence to laws, regulations, generally accepted practices, standards and codes of conduct. We are governed by a Board of Directors and led by a management team of seasoned industry experts with proven track records.
Our policy revolves around a detailed KYC process, which ensures the proper onboarding of clients, suppliers, ship owners and shipping brokers. We conduct thorough background checks through independent third-party service providers such as Reuters and Info spectrum.
We adhere to ESMA standards and are ISO certified. We employ stringent risk assessment methodologies and mitigate risks using defined standard operating procedures and codes of conduct.
Responsibility
As a global energy trading and distribution concern, we hold ourselves accountable to the highest
standards of environmental and corporate responsibility. Our operations are conducted to
unwavering ethical standards and have earned us a reputation that continues to propel our growth
and strengthen our relationships with partners and clients alike.
The Bnzyn Energy Group is a certified ISO 9001:2015 and OHSAS 18001:2007. Our HSEMS drives everything we do and is enhanced by state-of-the-art technology, tools, processes and competency at all levels.
International Trading Partners
Bapco, Bahrain • KPC, Kuwait • ENOC, Dubai, UAE • ADNOC, Abu Dhabi, UAE • Essar Oil, India • Indian Oil Corporation, India • Philips 66(P66), US • EGPC, Egypt • Esso, Italy & Exxon Mobil, London • Ceypetco, Sri Lanka • Hellas Corrinth Renery SA, Greece • Padma Oil, Bangladesh • Pakistan State Oil, Pakistan • Emarat, UAE • Petroineos, UK • BP Oil, U.K & Singapore • Total (TOTSA), Switzerland • Chevron, Europe • Shell, Singapore • Glencore, UK • Macquarie Trading, Singapore • Petrochina, Singapore • Trafigura, Singapore • Vitol, Bahrain, Switzerland • Neste Oil, Singapore • Sahara Energy, Switzerland • Gunvor, Switzerland • Mercuria, Switzerland • CEPSA, Spain • Green Energy, UK • OTI, Oman
Shipping Partners Owners
BW Group • MAERSK • STOLT-NIELSEN • NAVIG8 Group • TORM Tankers
Shipping Partners – Brokers
CLARKSON • EA GIBSON • BRAEMAR ACM • BRS Group • McQUILLING Partners
Banking Partner
ING, Geneva • BCGE, Geneva • Credit Suisse, Geneva • Macquarie, Singapore • Emirates NBD, Dubai, UAE • Emirates Islamic, Dubai, UAE • Mashreq, Dubai, UAE • Noor Bank, Dubai, UAE • First Abu Dhabi Bank, Dubai, UAE