Sanctions
EU, UK, US and UN regimes
Counterparties, vessels and cargo origins are screened against consolidated sanctions and designated-vessel lists. We decline business where origin or ownership cannot be established.
The cargo is only worth what the paperwork behind it is worth.
Sanctions, origin, ownership and safety are settled before a price is agreed. A trade that cannot survive that scrutiny is not a trade we want.
Compliance
Screened before priced.
As a company established in Malta, we are subject to EU law and to the Maltese implementation of the EU anti-money laundering framework. We also apply UK and US sanctions requirements where they touch a trade, a vessel, a bank or a counterparty.
Every counterparty is screened before an offer is made and re-screened periodically thereafter. Screening covers the corporate entity, its directors, its ultimate beneficial owners and, where relevant, the vessel, its owner, its manager and its flag.
AML / KYC
Know your counterparty
Corporate documents, beneficial ownership to natural persons, PEP screening, source of funds and bank references, refreshed on a risk-based cycle.
ABC
Anti-bribery and corruption
No facilitation payments, no undisclosed intermediaries and documented diligence on any agent acting for us in a jurisdiction where we do not have our own presence.
Trade controls
Origin and price caps
Certificates of origin, attestations and, where the regime requires it, price-cap documentation are obtained and retained on file for the statutory period.
Vessel
Tanker vetting
Age, class, P&I cover, ownership, inspection history and AIS behaviour are reviewed before fixture. Vessels with a history of dark activity are not used.
Records
Audit trail
Contracts, certificates, screening results and correspondence are retained so any trade can be reconstructed end to end on request from a bank, auditor or regulator.
Health, safety, security & environment
Nothing about a deal justifies an unsafe movement.
We do not own tankers or terminals, so our influence is exercised at the point of selection: which vessel is fixed, which berth is used, which inspector attends and what the contract requires of both parties.
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Vessel selection
Tonnage is vetted before fixture on age, classification society, P&I entry, port state control record and previous cargoes. Charter parties require compliance with SOLAS, MARPOL and the ISPS Code.
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Terminal and berth qualification
Load and discharge facilities are checked for the safe berth and safe port warranty, cargo handling capability and, for heated or pressurised cargoes, the equipment the product requires.
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Sulphur cap and emissions
Fuel oil trades are structured around the IMO 2020 0.50% global cap and the 0.10% limit inside emission control areas, and we ask buyers to confirm the compliance route for high-sulphur material.
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Spill response and insurance
Cargo is insured for the voyage, vessels are required to carry full P&I cover for pollution liability, and any incident is escalated to the terminal, the flag state and our insurers immediately.
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Product stewardship
Safety data sheets accompany every product supplied, and hazard information, handling requirements and storage limits are provided to the receiver before discharge.
Placeholder note. If the company holds ISO 9001, ISO 14001 or ISO 45001
certification, is a member of a bunker or trading association, or has a formal HSSE policy
document, those should be named and linked here.
Energy transition
Honest about the barrel, serious about what follows it.
Oil will move the world's freight, aviation and industry for years yet, and pretending otherwise helps nobody. What matters is that the barrels that do move are compliant, efficiently shipped and accurately accounted for.
Alongside that, we are building a renewable book — used cooking oil, UCOME, FAME and HVO — traded against ISCC EU or equivalent certification with proof of sustainability documentation issued for each delivery. As the EU renewable transport mandates and the FuelEU Maritime framework tighten, the certification chain becomes as important as the specification, and we treat it that way.
We also work with buyers on the practical side of the transition: blending to meet a mandate, sourcing lower-sulphur alternatives, and structuring supply so a distributor can meet an obligation without holding the compliance risk alone.
Governance
Decisions have owners.
Trading limits, counterparty approval and credit exposure are authorised at director level and recorded. No individual can approve a counterparty, open a position and release a payment on their own.
- Documented counterparty approval process
- Segregation of trading, operations and payment authority
- Position and exposure reporting to the board
- Annual review of policies and screening tools
Speak up
Raising a concern.
If you are an employee, counterparty, agent or service provider and you believe something connected to our business breaches the law or our standards, tell us. Concerns can be raised in confidence and we do not tolerate retaliation against anyone who raises one in good faith.
Ask us for the compliance pack.
We will send our KYC questionnaire, sanctions policy summary and standard contract terms so your compliance team can review us before your commercial team calls.