Our trading is, first and foremost, physical. We charter tankers and transport crude oil and oil products. Products such as, gasoline, diesel, heating oil, fuel oil, jet fuel, naphtha and non-ferrous metals, as well as ethanol and chemicals: all over the world, every day. And we pipe gas, fill and operate terminals, ship coal and sugar.
Around 30% of the world’s fuel oil is consumed by ships
50% of our fuel oil is bought by refiners for further upgrading