Distillate

 Our distillates trading operation covers diesel, gasoil, and MGO grades. Our team leases storage in strategic locations to facilitate transportation and trading. Key to our success is the ability to coordinate activities within our team to bring to our customers integrated supply solutions in changing market conditions. In 2021, Novum time-chartered the American-flagged barge Double Skin 601 to undertake the distribution of the diesel from its storage terminals at Puerto Rico and St Croix to various plants in Puerto Rico.  We have performed over 50 voyages on the DS 601, all without incident.