Institutional standards.
Singapore-incorporated under ACRA. Beneficial ownership transparent. KYC, AML and sanctions screening on every counterparty. Independent inspection at every delivery point.
Regulatory Standing
- Incorporated under Singapore's Accounting and Corporate Regulatory Authority (ACRA)
- Unique Entity Number (UEN): 202135481Z
- SSIC Code: 46610 — Wholesale of Fuels and Related Products
- Beneficial ownership disclosed and verifiable through ACRA filings
- No politically exposed persons (PEP) in the ownership chain
- No entity or beneficial owner on OFAC, EU, UK, UN or MAS sanctions lists
Trade Compliance
- Counterparty KYC: corporate documents, UBO disclosure, banking references
- AML screening across global watchlists at onboarding and on contract renewal
- Cargo origin verified — sanctioned-origin material is not accepted or traded
- Independent inspection by SGS, Bureau Veritas, or Intertek at load and discharge
- Title and risk passage governed strictly per Incoterm in the executed SPA
- Documentary instruments (DLC / SBLC) issued or confirmed by tier-1 banks
Contractual discipline at every transition.
From inquiry to settlement, each step is governed by a counter-signed document — never a verbal undertaking.
ICPO
Buyer letter of intent — opens the formal record and locks the parties to a working timeline.
SPA
Binding sale and purchase agreement specifying price formula, performance bond, and delivery regime.
PPOP
Proof of product — origin documents, refinery commitment, tank receipt or vessel itinerary.
Inspection
Third-party reports release funds — no inspection certificate, no documentary compliance.
Independent verification, every cargo.
Société Générale de Surveillance
Global testing, inspection and certification — used for quantity and quality verification at load and discharge.
Bureau Veritas
Marine and trade inspection services — accepted by financing banks for documentary release.
Intertek
Cargo inspection and certification across petroleum and gas — particularly used in European and African ports.
Request our compliance package.
For onboarding institutional counterparties: ACRA business profile, beneficial ownership disclosure, banking reference and KYC pack on request.