We take title
Commtrade is not a broker passing paper between parties. We take legal title to the cargo at the refinery and hold it through to delivery, so our customers contract with the party that actually owns the product.
Core expertise
Titleholders, from refinery to customer
We take title to the cargo and carry both the physical and the paper risk for the full journey — the buyer deals with one owner, one counterparty and one point of responsibility.
Full responsibility for the shipment
From the moment product is lifted at the refinery to the moment it is discharged for our customer, the cargo is ours. That is the difference between a titleholder and an intermediary — and it is what allows end buyers, government agencies, resellers and direct burners to treat us as a principal rather than a middleman.
Physical risk
Loading, voyage, transhipment and discharge — the physical exposure sits with us until the cargo is delivered. Quality, quantity, demurrage and marine incident risk are ours to manage, not our buyer's to chase.
Paper risk
Price exposure between lifting and delivery is carried and hedged on our book. Our customers receive a fixed, agreed commercial outcome rather than an open position on a moving market.
Where we move cargoes
Six supply corridors
We lift and deliver across six corridors spanning the Atlantic, Mediterranean, Indian Ocean and Far East basins — mapped in detail, corridor by corridor.
View the supply corridors mapDelivery terms
Three supply models, one standard of execution
Free on Board
Cargo lifted from our approved refineries and delivered over the ship's rail at load port. Suited to buyers with their own freight arrangements who want refinery-origin product with verified documentation.
Cost, Insurance & Freight
Delivered to any safe world port with freight and marine insurance coordinated by our desk. The buyer receives a landed price and a single counterparty responsible for the whole voyage.
Ship-to-Ship
Offshore transfers at approved STS locations, keeping cargoes moving where port access, draft or timing make direct berthing impractical. Flexible, cost-effective and fully supervised.
What we supply
Clean and dirty petroleum products
Clean Petroleum Products
Light, low-sulphur refined products requiring clean, dedicated tankage and strict quality control throughout the chain — typically gasoline, gasoil, jet and naphtha grades.
Dirty Petroleum Products
Heavier residual and crude-family cargoes with heating, blending and handling requirements — traded into utilities, bunkering and industrial burners.
How we carry the risk
Working with top-tier service providers
Holding title across a voyage only works with the right partners behind it. We work with leading hedging providers, tanker brokers, marine insurers and well-verified tank farms worldwide.
Hedging service providers
Top-tier trading and clearing counterparties who allow us to price and hedge exposure the moment a cargo is committed.
Tanker brokers
Established broking houses giving us reliable access to suitable, vetted tonnage on the routes we trade.
Marine insurers
Recognised marine and cargo underwriters covering the voyage, so a delivered cargo is a covered cargo.
Verified tank farms
Whitelisted, independently verified storage across our corridors — nominated only after due diligence is complete.