Trading, chartering, storage, hedging, finance and documentation are handled by one team. Nothing about a cargo is somebody else's problem.
Capabilities
A physical trade is six jobs running in parallel. Each one is a place where a deal can fail, so each one sits with a named person on our side.
Spot cargoes, part-cargoes and term supply agreements, bought from refiners, producers and traders and sold to distributors, industrial users and resellers.
Tonnage fixed against the laycan, vetted before the fixture, and followed from load port to discharge by our operations desk.
Third-party tank capacity used to break bulk, hold optionality and blend to a destination specification before onward sale.
Flat price exposure hedged on ICE and CME instruments and against Platts and Argus assessments, so the margin agreed at deal time survives to settlement.
Payment structured so both sides can bank it: documentary instruments where credit is unproven, open account where a relationship has earned it.
Independent inspection at both ends, a complete document set that a bank will accept first time, and claims handled on the contract rather than by argument.
Trade lifecycle
The sequence below is the one we follow on every trade, regardless of size. Steps are not skipped because a counterparty is in a hurry.
The buyer or seller states the product, quantity, delivery basis and window. We respond with an indicative level, the pricing basis we would work to and the payment structure we would need.
Corporate documents, beneficial ownership, sanctions and PEP screening, bank references and trading history. Nothing is confirmed until this clears — for both new and existing counterparties on a periodic refresh.
A written sale contract sets the specification, quantity and tolerance, Incoterm, laycan, pricing formula and quotation period, payment instrument, inspection appointment, demurrage rate and governing law.
Tonnage is sourced against the laycan and vetted on age, class, P&I cover, previous cargoes and inspection history. The charter party is fixed and the vessel is nominated to the terminal.
Price exposure is hedged for the pricing period. The letter of credit is opened and checked against the contract before the vessel berths — not after loading has started.
The independent inspector attends loading, draws samples, seals retains and issues quantity and quality certificates. The bill of lading, certificate of origin and cargo manifest are issued.
Operations tracks the voyage, files notices of readiness, manages the discharge nomination and keeps both principals informed of any change to the ETA.
Independent inspection at discharge establishes the outturn figure. Any quantity or quality difference is reconciled against the contract tolerances and the load port certificates.
Documents are presented under the agreed instrument, the invoice is priced off the settled quotation period, and laytime is calculated and settled on the charter terms.
Markets
Our coverage follows the barrel flows around the central Mediterranean, with load positions in the Black Sea, North Africa and the Arabian Gulf and discharge into Southern Europe, the Levant, North and West Africa.
Augusta · Milazzo · Fos-Lavéra · Aliağa · Piraeus · Alexandria · Skikda
Novorossiysk · Constanța · Burgas · Batumi
Amsterdam · Rotterdam · Antwerp · Le Havre
Bonny · Lomé · Tema · Abidjan · Luanda
Fujairah · Ruwais · Jubail · Sohar
US Gulf · Caribbean · Canary Islands (STS and bunkering)
Getting started
Sending these with the first enquiry saves a week. Everything is treated as confidential and used only for counterparty approval.
Including any change-of-name certificates and the current commercial registration.
With the current register of directors and shareholders.
Down to natural persons, with passport copies for holders above the applicable threshold.
On bank letterhead, confirming the account in the company's name.
Two trade references and the most recent financial statements where available.
Grade, specification, quantity and tolerance, delivery basis, discharge port and target laycan.
The faster we see the grade, volume, basis and window, the faster we can tell you whether we can do it — and on what terms.