New interactive service allows Middle East ship owners and operators to build customized daily pricing pages

Dubai, 16 May 2012 GAC Bunker Fuels Limited has launched a new website-based pricing and market information platform that enables customers to access the daily data required to make fast and informed fuel procurement decisions.

This new interactive service, which allows ship owners and operators in the Middle East to design their own customised daily pricing page, is available at http://www.gac.com/bunkerfuels

The Middle East is a key market for GAC Bunker Fuels, which will relocate its headquarters to Dubai later this year to further synergise with the shipping services GAC delivers throughout the region.

The GAC Bunker Fuels service provides historical data, allowing users to track and analyse market trends. In addition, GACs website hosts ship agency details, information on specific ports and weather routing data in order to give its customers all of the market intelligence that they need to make efficient and cost-effective bunker purchasing and operational decisions.

GAC Bunker Fuels is also launching a weekly market intelligence bulletin that will provide insight and information from across the GAC Group, including port congestion updates and bunker availability. Customers will also be able to customise this bulletin to suit their particular needs and interests.

Nicholas Browne, newly appointed Global Director of GAC Bunker Fuels, said: The process of procuring the right bunker fuel at the right time, in the right place and at the right price can be highly complicated, particularly in a volatile market where prices continue to fluctuate amid a rising trend.  These tools provide customers with the data that they need so that they can make the right decision when it comes to purchasing marine oil.  Critically, customers can create their own unique buyer profile so that each time they visit the website, the daily pricing, availability and port information they need is immediately available and tailored to their particular needs.

One of GAC Bunker Fuels strengths is our ability to leverage the power of GACs breadth of services, infrastructure and understanding of local markets through our worldwide network of representatives.  This ensures that our customised daily pricing platform and weekly bulletin will provide customers with the relevant information and insight that they need to run efficient operations.

The new service provides GACs customers with a uniquely comprehensive overview, including not just bunker market data, but also agency, port and weather routing information, to help them to optimise their bunkering operations and purchasing decisions.

About GAC Group and GAC Bunker Fuels Ltd
GAC is a global provider of shipping, logistics and marine services. These services are constantly being refined and integrated to serve our customers increasing need for competitive solutions. Emphasising trust, reliability and a strong human touch, GAC has been building its reputation in its chosen markets since 1956.

Headquartered in Dubai, GAC employs over 9,000 people in more than 300 offices worldwide.

As part of the GAC Group, GAC Bunker Fuels has more than 20 years of reliability in bunker supply, delivering to customers worldwide and providing 24/7 coverage across all markets and time zones.

Media Contacts
GAC
Salman Siddiqui
Communications Executive, GAC Solutions
Mobile: +971-55-301 1126?
Email: salman.siddiqui@gac.com

Press Release 2012