Our trading business is based in Singapore, which is the largest oil trading hub in Asia and the third largest in the world. Our team of experienced oil traders in Singapore effectively communicate between the sellers and buyers; not only do they assist the sellers in expanding their market shares, but they also make use of economies of scale to grasp trading opportunities for buyers.

Currently, our trading business focuses on gasoil and has gained strong foothold in the regional market, with a total trading tonnage of over 11 million MT. Having long term stable relationships with major Asian refineries, we are able to obtain first hand market information and strategize ourselves promptly in providing the best oil supply and trading service to our customers. Our customers are widespread over Asia, including Singapore, Indonesia, the Philippines, South Korea, China, Thailand, Vietnam, Timor-Leste, etc. With a deep understanding of the business, our Group has expanded the international trading business to include chemical products such as base oil and jet oil.

The Group has a robust risk management framework and we hedge our physical oil stock to minimize our exposure to oil price volatility. This also well supports the Global Marine Bunkering business in ensuring that the price volatility of oil does not affect the stability of our earnings.