Buoy Group is a prominent International Brokerage and Trading House, headquartered in Dubai, dealing in various segments of the Metals and Steel Industry specializing in Ferrous Scrap, Non- Ferrous Scrap like Stainless Steel Scrap, Aluminium, Semi- Finished Steel like Slabs, Billets, Finished Steel like HR coils, CR Coils & Galvanized Coils etc in both containers and break bulk containers. We ensure a consistent and competitive supply of essential commodities to Metals & Steel Industries worldwide .We are now in the process of signing long term contracts with Iron Ore and Coal mines as well.
Buoy group plays a key role in the steel industry, acting as a trading mediator and value-adding service provider. Buoy Group services span every step in the Metals and Steel supply chain. We operate at various levels of the supply and value chain ranging right from emption, distribution, marketing, inspection, logistics up to Currency and risk management, which allows the Organization to approach the trade with an attended approach, hence creating an ambiance of combined action and value for its clients.
Our organizational team with its strong knowledge, expertise and experience in various areas of the Resource Industry, International Trading and Trade Finance, Shipping & Logistics hence giving the right direction to the Organization towards becoming a Global Giant.
The promoters laid the foundation of the Organization by making foray into the Scrap business and since then they have never looked back. From ferrous and non-ferrous scrap we have ventured into Finished Steel trading. The success of our organization is owed to the promoters of our organization who have a vast experience in the Steel Industry of more than a decade. Their constant solicitation and dedication to the exploration expansion and deep research has resulted into the success of our organization under their esteemed leadership.
Today we are providing services to more than 47 countries every month like Europe, UK, North America South America, South Africa, Middle East Australia Indian Sub-continent (comprising of India Pakistan Sri Lanka & Bangladesh) and the ASEAN countries (comprising of Vietnam, Indonesia, Thailand, Philippines Taiwan Singapore Malaysia China & South Korea).
Our wide geographical reach and presence in several markets allows us to provide our suppliers
opportunities with new markets and our customers with new sourcing opportunities. We have some of Asias biggest Steel Mills/ Manufacturers & Smelters as our regular customers and on the supply side we are also the exclusive agents of some of the UK USA & Europe biggest Recyclers/Mills. We work on all International Payment Terms and INCOTERMS.
Whatever the need,Whether a Large-Scale Manufacturer or Small foundry, ensure, we can unparalleled reliability of supply.
We have continuous personal contact with our suppliers and our customers on a day-to-day basis so that we can estimate their needs very precisely. We are committed to serving both suppliers and customers. With support of our suppliers spread all across the globe, we are happy to work together with each customer to provide them with customized raw materials suited specifically to their processes. Our commitment is to provide a high quality stream of material, delivered on time. We are able to provide regular and continuous supply of material to all ourcustomers fitted to their specific requirements. We have a specialized logistics team to get the most economical freight rates for containers and also charter vessels.
1. Buoysail Tr. Est. – Sharjah, UAE
2. Buoy Chartering & Trading Limited – Offshore – St. Vincent
3. Buoyancy Traders Private Limited – Delhi, India
4. Buoy Shipping Agency – Bhavnagar, India
As a corporate theme, we at Buoy Group .will make strenuous effort to provide good pace for the development of the world economy through assisting in meeting the demand for Steel , Cement and other commodities . We promise continuous growth in the infrastructure of the world
economy which will enrich the life style of society . As corporate objectives, we set forth to become creative, refined and full of vitality. We shall be susceptible, flexible, innovative and progressive.
Our corporate strategies to achieve the above objectives are as follows:
Customer satisfaction is our primary objective.
We take an aggressive approach toward business development.
Individuals seeking challenge will be held in high esteem
We place emphasis on creativity.
We stick to fair business practices
We place emphasis on the corporate mind and rewards for achievement.
The Company operates at various levels of the supply and value chain ranging right from procurement, distribution, marketing, inspection, logistics up to Currency and risk management, which allows the Organization to approach the trade with a holistic approach, hence creating synergy and value for its clients.
Has been established in 1997 to cater Group’s increasing demand to handle :
Cash buying of Scrap ships
Ship Chartering
Ship management
Cash buying of Scrap vessel :
BCT globally known as Cash Buyer of Scrap Vessel for the recycling .
“CASH BUYER” is a most important component in the ship recycling process . With our experience and strong technical and commercial knowledge we are performing following duties of cash buyers efficiently :-
Sourcing of vessels :- With the help of our established international network , our reputation, our transparent working style and finally with our past performance records and our true commitment to secure seller in the deal we are getting the vessels all over the world.
Financing :- We are taking the title of the vessel from the vessel owner against the payment . BCT has very Strong, Tailor made & Reliable banking support from UK & UAE bakers to ensure timely payments & smooth closing for the Cash buying deals. Risk Assessment and management :- It includes timely assessment of prices , changes in demand /supply ,currency fluctuation , operational hurdles and several other business related risk .
Selling and delivery of vessel :- With strong marketing network in INDIA , Pakistan and Bangladesh we are selling and delivering the vessels to most reliable ship breaking companies for recycling.
BCT has sent averagely 25 ships per year in recycling market ranging LDT ranging from 500 MT to 10,000 MT
As a corporate theme, we at Buoy Group .will strive to provide good pace for the development of the world economy through assisting in meeting the demand for Steel , Cement and other commodities . We promise continuous growth in the infrastructure of the world economy which will enrich the life style of society . As corporate objectives, we set forth to become creative, refined and full of vitality. We shall be responsive, flexible, innovative and progressive.
Our corporate strategies to achieve the above objectives are as follows:
Customer satisfaction is our primary objective.
We take an aggressive approach toward business development.
Individuals seeking challenge will be held in high esteem
We place emphasis on creativity.
We adhere to fair business practices
We place emphasis on the corporate mind and rewards for achievement.
BUOYSAIL TR. EST. SHARJAH is in fact an offshoot of M/s Buoyancy and was established in August 1997 in UAE. The company is owned and headed by Mr. SanjivKhanna.
The company is involved extensively in trading of scrap vessels, steel, steel scrap and other bulk commodities like aggregate, cement, rice etc., along with Ship Management and Chartering.
With help of extensive and rich experience of Mr. SanjivKhanna the following other companies has been established to carry out growing and diversified trading and ship management Activities of the company.
Buoy Chartering and Trading Limited - St.Vincent
Buoyancy Traders Pvt. Ltd – India
Buoy Shipping.
The operations and logistics activities of the company are carried out through its offices in Sharjah( UAE ) and New Delhi ( INDIA ). The operational head quarters is atSharjah, UAE for the trading business, and the office at New Delhi is involved in the legal and ship management business covering Sharjah& New Delhi offices. In the tune of it’s growth Buoysail has also established it’s Branch offices in West Africa, Middle East and Panama.
Buoysail Tr. Est. having very well qualified and experienced Team of Professional in the field of Business management, Sale & Marketing, Financing and Purchasing. We have very well versed supervisors to handle day to day activities of the company.
Buoy shipping Agency was established in 2003 has expanded and developed into an acknowledged leader which has developed reputation in providing benchmark services in the realm of logistics and shipping in Western India region with head office based in the port of Alang, Bhavnagar. We even hold the record which is the first time in history of Alang Port, for attending 2 vessels which arrivedAlang for Scrapping of which one was on power and the other under tow (being towed by the vessel which is on power). The Record was that all the formalities
of customs boarding and beaching etc… all of it completed in less than 24 hours. We cover all aspects of shipping activities in all major ports around the west coast of INDIA such as Alang (Bhavnagar), Pipavav, Kandla, Jamnagar and Mundra. We provide a full range of Agency Services and logistic solutions through a hard work, professionalism, innovations and profound care for our customers, we have built a reputation that is now associated with reliability, precision and personal touch and have established ourselves as one of the respected and renowned foundation. Our vision is to stick to our commitments today and confidently live tomorrow. Our mission is to provide a range of quality service of highest international standards.Our goals are to improve the level of performance of our service and support function We have superb relationship with authorities which gives us access to all useful information, best, rates, ensuring rapid reliable results. Buoy shipping Agency is continuously evolving with a focus to encompass the whole world with its services. Therefore we have proudly developed a substantial and widespread network of agents that enable us to literally cover every part of the globe. SL SHIP CATEGORY LDT/MT 1 M.V. MARWAN ROY G. CARGO 5850 MT 2 M.V. RIAMAR 1 G. CARGO 2200 MT 3 M.V. RIAMAR 2 G. CARGO 5850 MT 4 M.V. MERDIF G. CARGO 5850 MT 5 M.V. SALMA 1 G. CARGO 5850 MT 6 M.T. MONICA G. CARGO 5850 MT 7 M.T. XENIA - I G. CARGO 5850 MT 8 M.T. XENIA - I G. CARGO 5850 MT 9 M.T. XENIA - I G. CARGO 5850 MT 10 M.T. XENIA - I G. CARGO 5850 MT 11 M.T. XENIA - I G. CARGO 5850 MT 12 M.T. XENIA - I G. CARGO 5850 MT 13 M.T. XENIA - I G. CARGO 5850 MT 14 M.T. XENIA - I G. CARGO 5850 MT
OUR Markets:
BUOY GROUP deals in various segments and have a mark its presence in more than 48 countries in the field of the Metals and Steel Industry. We play a crucial role in the steel industry, acting as a trading intermediary and value-adding service provider. BUOY GROUP services span every step in the steel supply chain. We offer materials and products ranging from base raw materials to finished products.
From the smallest foundries or smelters to the largest steelmakers, the world most successful scrap consumers trust us to provide the raw materials for their operations. We supply global industry with the basic ingredients it requires every day. The recycled ferrous scrap we supply to our customers is eventually melted into flat-rolled steel for automobiles; rebar for roadways; structural steel beams for construction; and other iron and steel products.
BUOY GROUP also supplies non-ferrous scrap mainly stainless steel scrap and aluminium,used by smelters, refiners, ingot makers, foundries, and other manufacturers. We are also into trading of semi finish steel items like Slabs and Billets to steel mills for rerolling. In the course of such trade, we also handle the trading and brokerage of the finished steels like Hot Rolled Coils, Hot Rolled Steel Plates, Cold Rolled Coils , Galvanized Steel Coils, from the mills to whom we have supplied raw materials. Our presence at each level of the supply chain gives us a dynamic competitive edge.
We seek to ensure a consistent and competitive supply of essential commodities to Steel & Metals Industry worldwide. We are now developing Iron Ore and Coal Trading Desk in our Organisation. We aim to build our presence in every major mining region and wish to successfully meet the diverse needs of customers around the world.
We aim to provide soup-to-nuts solutions for the Steel and Energy sector.
CASH BUYERS OF VESSELS FOR DEMOLITION
Having established ourselves in the field of ship management, Buoy Group also diversified in the field of ship breaking. The company buys vessels for scrap on delivered basis to India or on ‘as is where is’ basis and tow them to India where it trades these vessels in the ship scrap market. In the year 1999 Buoysail Tr. Est. Traded 5 vessels for scrap and in the year 2000, 12 vessels were traded.
The business has been growing continuously and steadily with 29 Nos. vessels being scrapped by the company in 2002 and 36 Nos. in the year 2003. However year 2004 & 2005 have not witnessed growth in Scrap vessel due to high freights and fall in scrap prices all over the world. This business has proved to be a very profitable endeavor for the company in the past, and Buoysail has expertise in this field and aims to be the biggest cash buyers of scrap vessels in the gulf.
TRADING ACTIVITIES
BUOY GROUP has a reputation throughout the world for delivering quality products on time. With over 20 years’ experience and strong technical expertise we are able to identify, select and invest in different metal recycling equipment in order to deliver consistent and dependable ferrous and non ferrous products. Also in pursuance of expanding our trading activities we are aggressively working on bulk trading of Coal, Cement, Fertilizer , Iron Ore and with our past experience in bulk trading of aggregate and cement along with our logistics expertise we ensure that our customer orders are delivered on time.
SHIP CHARTERING AND MANAGEMENT
The activities of Buoy Group include total management of cargo container s i.e. from collection of lades funds of various expenses including port expenses, bunkers etc, handling legal matters and complete maintenance of the containers, with well experienced top management assisted by highly qualified dedicated and determined professionals including master sailor ,sailors engineers & other specialized professionals to surveys the operations, technical, legal and financial departments, enabling smooth, safe & profitable operation of the various container under our management.
We have a well established ship broking house with a full chartering network extending mainly from Middle East, India, south Asia and far east. Buoy Group has a good experience in doing in-house broking for well know industrial units like Taiko Chandranagan Chemicals Pvt. Ltd., Oswal Group, Gujarat Ambuja Exports etc. Buoy Group has an extensive hands on experience in Handling Various Cargos like Steel Beams, Aggregate, Rock Phose, Sulpher, Urea, Wheat etc. from various parts of the world.