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Atlantean EnergeiaInternational DMCC
A crude oil tanker moored at an offshore loading jetty at dawn
Trading and logistics

From agreedterms tosettlement

We coordinate the commercial and logistical steps that take a cargo from the loading terminal to its buyer, and we are clear about who performs each one.

Energy trading and services
DMCC
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Commercial coordination
  • Coordination of nominations, loading and discharge schedules
  • Preparation and review of commercial documents
  • Management of settlement through the banks involved
Commercial coordination

One timetable for every party

A single crude oil transaction can involve a seller, a buyer, a shipowner, a terminal, inspectors, insurers and several banks. Each works to its own procedures and deadlines.

We keep these parties aligned: confirming nominations and loading windows, passing information promptly and resolving questions before they become delays.

Logistics

How delivery is organised

01

Transportation

Crude oil is carried by tankers owned and operated by independent shipowners. Depending on the delivery terms, the vessel is chartered by the seller, the buyer or by us for the transaction.
02

Terminals and storage

Loading and discharge take place at third party terminals. Where storage is required, it is contracted from independent terminal operators.
03

Inspection

Quality and quantity are determined by independent inspection companies appointed under the contract, whose certificates form part of the shipping documents.
Documentation and settlement

Documents that banks can rely on

Bills of lading, certificates of quality and quantity, certificates of origin and invoices are prepared and checked against the contract and the payment instrument. Payment is made through banks, typically by documentary letter of credit or another instrument agreed between the parties.

Responsibilities

What we do and what we arrange

We are clear with counterparties about which services we perform ourselves and which are performed by independent specialists.

Performed by Atlantean Energeia

  • Purchase and sale of crude oil cargoes
  • Negotiation of prices, contracts and delivery terms
  • Counterparty due diligence
  • Coordination of nominations, loading and discharge schedules
  • Preparation and review of commercial documents
  • Management of settlement through the banks involved

Performed by independent providers

  • Ownership and operation of tankers
  • Terminal, port and storage services
  • Quality and quantity inspection
  • Cargo insurance
  • Banking and trade finance

Discuss a cargo or a commercial relationship

We welcome enquiries from producers, refiners, traders, shipowners and financial institutions.

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