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    Fuels Spot Trader & Allocation Holder

    CommTrade is an Allocation Holder from

    1 European and 1 West-African Refinery

     

    Vetted set of buyers with B2B - Proof of Funds,

     

    We are Well Aware of Traders Misspracitce transparency, circumvention, and shopping deals

     

    EN 590 - 10 PPM Jet A1 LPG LNG

  • "Commtrade team understands the sensitive nature of Fuels trading and handle deals with transparency and professionalism. Above all no circumvetion and no shopping around"

    Major Fuels Marketing Group - North Africa

  • About US

    >$400M

    Deals Executed

    2

    Offices; London, Turkey

    25

    Vetted Buyers and Sellers

    2

    Secured Refinery Allocations

  • Why Choose Commtrade?

    We know the Pain Points of Fuels Trading ... 

    Experience the difference With Commtrade 

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    PROFESSIONAL TRADERS

    Internaional Team from

    Major Trading Houses

    in Euorpe and the US

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    ALLOCATION HOLDER

     

    We have Secured flow of fuel from

    2 reputed and well recognised

    refineries that give us transaction

    Control (in Annual Supply Contracts)

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    NO CIRCUMVENTION

     

    We never bypass gate keepers

    or brokers who

    introduce a Buyer or Seller

    on a Given Transaction

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    NO UPFRONT

    PAYMENTS

    We do not execute any transaction procedure (spot or Contract) that has any upfront fees at any stage

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    ONLY BUYERS & SELLERS WITH VERIFIED POP / POF

    We only work with buyers and sellers who can demonstrate Proof of Fund (POF) and title Proof of Product ownership (POP) of Fuel

  • Spot Transaction Procedure

    1

    CSO

    Soft Corporate Offer for quantity, price and location in addition whether it is Tank to Tank, Change of ownership, or Tank to Vessel and / or finally vessel to vessel

    2

    ICPO

    Buyer shall issue a Confirmation Purchase Order and also include CompanyInformation Sheet for the buyer

    3

    FCO

    Seller Issues a Final Corporate offer to confirm all transaction terms issued in the CSO

    4

    POP

    Buyer Issues Proof of Fund in one of several ways, bank to banl or through a face to face meeting (which is permitted in specific markets)

    5

    DIP Test

    Dip test is executed at the espxnse of buyer for the transaction

    6

    Fund / Title Transfer

    Once dip test is executed and confirmed to be confirming to product specification and Internationa standards, payment is effected and change of fuel ownershi title is executed

  • Contract Transaction Procedure

    1

    CSO

    Soft Corporate Offer for quantity, price and location in addition whether it is Tank to Tank, Change of ownership, or Tank to Vessel and / or finally vessel to vessel

    2

    ICPO

    Buyer shall issue a Confirmation Purchase Order and also include CompanyInformation Sheet for the buyer

    3

    FCO

    Seller Issues a Final Corporate offer to confirm all transaction terms issued in the CSO

    4

    DLC / SBLC

    Buyer to issue LEtter of Cretit or Standby Letter of Credit for the contract monthly supply to guarntee all shipments planned to be part of the contract

    5

    Contract Purchase Agreement

    Execution of contract purchase agreement for the transaction prior to supply

    6

    Supply

    Delivery and supply of product based on executed documentation on amonthly basis as per the annual long term contract

  • Contact Us

    Don't be afraid to reach out. You + us = awesome.

    30th Floor, 40 Bank Street, Canary Wharf, London, UK,
    9 AM - 5 PM
    Mondays to Fridays
    info@commtrade.org
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