Company
Overview
Who We Are
We are a global shipping company, providing ocean transportation services to grain houses, oil majors, commodity traders, mining companies, steel mills, utility providers and industrial users. In 2019, we transported around 20 million mt of dry bulk commodities and oil products on our managed and operated vessels. We provide an integrated service through spot voyages, time charters and contracts of affreightment.
What We Do
We trade freight and manage vessels.
We manage a modern and high-quality fleet of bulk carriers and product tankers. Our managed bulk carriers are high specification vessels with electronic main engines, A60 bulkheads, CO2 fire extinguishing systems, cranes and grabs, giving them greater trading flexibility. Our managed tankers are double-hull product tankers with IMO notations and pure/phenolic epoxy coatings, designed to prevent cargo contamination and steel corrosion.
To supplement our managed fleet, we operate third-party vessels through time charters. We also offer index linked floating-rate charter contracts as an alternative to fixed-rate charter contracts to offer increased flexibility to our counter-parties.
Similarly, we offer short and long term freight solutions to our cargo clients on fixed or floating pricing to protect them from market volatility.
How We Do It
Our objective is to provide the highest level of flexibility and efficiency to our clients. We continuously renew and upgrade our fleet to maintain competitiveness. We manage vessels featuring very low fuel consumption resulting in a significantly reduced carbon footprint and greenhouse emissions.
Our broad client and cargo base enables us to reduce ballast voyages, while our operational expertise in cargo handling minimises costly mistakes and cargo claims, translating into lower shipping costs for our clients. By operating a large fleet, we can swap physical tonnage to offer a flexible service for their cargo needs.
Risk management is core to our DNA. We use freight and bunker derivatives to mitigate price risk in our cargo, tonnage and bunker commitments.
We cover all size segments and geographical areas, 24 hours a day, seven days a week.
Values
Reliability
Our word is our bond. To date, we have performed 100% of our cargo contracts, charter parties and financial obligations.
Integrity
Ethics is the cornerstone of our culture. We have zero tolerance for corrupt business practices. We actively take a stand against any such attempt.
Safety
Safe and secure working conditions both on board our managed vessels and on shore at our offices are an essential part of our business.
Responsibility
We have a responsibility towards our environment and community. We invest in technology and training to improve our emissions and footprint.
Code of Conduct
Our code of conduct is the set of rules defining the norms, rules, responsibilities and proper practices that govern our day-to-day operations. Everyone in our company, from directors to junior seafarerers, is subject to the same standards of conduct and we put great effort into further ingraining these practices into our culture to create a more honest, inclusive and responsible enterprise.
