Our Trading Procedures
Transparent. Professional. Verified.
How We Trade
Transparent. Professional. Verified.
Buying from us — FOB
Email Request
Client sends an email with their request. No LOI or ICPO required.
Video Conference
A video conference is arranged with the client.
Draft Contract
We send our draft contract for review.
Contract Signing
Both parties sign the draft contract.
MSDS & Laycan
We send Material Safety Data Sheet and confirmed laycan.
Bank-to-Bank
Bank-to-bank communication is established.
Vessel Documents
Client sends copies of Fixture, Q88 and CPA of the vessel.
Product Lifting
Client's vessel lifts the product.
Payment
Payment is done according to contract.
KYC / CIS Requirements
To start trading, we require the following:
Company name — registered name
Company address — physical, not postal/P.O. box
Company registration number
Company tax/VAT number
Bank and bank account details
Names of company directors
Contact email addresses
Contact telephone numbers
Website details
Our Standards
What we don't do — and why it matters.
We don't work with ICPO's
We don't ask for POF before POP
We don't do POP before POF
We don't work with SCO's or FCO's
We don't work with Authority To Sell or Authority To Sell and Collect Letters
We don't deal with joint-venture entities
We don't deal with mandates or agents
We don't do dip test procedures
We don't do tanker-take-over procedures
We don't ask for transferable payment instruments
We don't ask for pre-payments
We don't accept third party banking — client must have a bank account in their own company's name
We don't accept banking via law firms or attorneys