We make sure crude grades we deliver meet the receiving refineries’ requirements. We source the right feedstocks and finished products our customers need.
We negotiate contracts, manage logistics, and ensure a reliable and efficient supply chain to meet our customers’ quality, quantity, availability, and timing requirements.
In our global trading operations, we rely on an extensive network of terminals for throughput, storage, and blending. Coral Energy has strategic presence at dozens of ports and terminals in Europe, Middle East and Asia Pacific Region.
To ensure the full cycle commodity trading process, we have established a sophisticated set of procedures for a perfectly tuned multimodal logistics operations management. Our dedicated shipping, chartering, and demurrage desk is an integral part of the trading operation and has class leading staff and management to ensure smooth and cost-effective deliveries.
Physical trading is the cornerstone of Coral Energy’s operations. Our expert crude and product trading desks specialize in the efficient and responsible sourcing and supply of our diverse portfolio.
As a prominent and a reputable international trader, Coral Energy has cultivated long-lasting partnerships with producers and refineries worldwide.
We meticulously select crude grades to make sure that they perfectly match the buyer’s specifications. We negotiate long-term, cost-effective supply arrangements. We thoroughly control lifting, refining, terminal storage, and distribution processes to maintain the highest quality standards throughout each stage.
Coral Energy commands a credit portfolio of USD 2 billion from first-class global and regional trade finance banks. We have cultivated these banking relationships for many years, and these relationships and the credit facilities they provide fuel our trades.
We make sure the products are paid for on time, we finance transit and the products themselves during transit, and very often we are able to provide special terms to producers and refiners. In doing so, Coral Energy enables upstream and refining industry participants to focus their capital where it works best – in production and refining.
Coral Energy operates very conservative price risk management policies. We hedge everything.
Our derivatives desk uses the whole range of risk management tools available in the market – from basic futures and swaps to complex options structures. Our derivatives turnover volume follows the growth of our physical trading and reflects our multistage hedging activities.
Physical and Credit Risk
All our trading operations as well as cargo and chartered vessels are covered and insured against all potential political, operational, and financial risks. We work with leading international marine and credit risk insurers. We make certain each vessel chartered by Coral Energy has a first-class charterer’s liability policy. We also maintain extensive public liability coverage for any potential risks to public and third parties. We have credit insurance in place to minimize the risks associated with non-payment or non-delivery for open account sales or purchases.
Commodity supply chains are geographically long and complex, spanning across vast distances to connect production facilities, refineries, distribution centers, and ultimately, consumers worldwide. A perfectly tuned multimodal logistics operation is essential to support that. Coral Energy’s dedicated shipping, chartering and demurrage desk is committed to ensuring a seamless and efficient operation that encompasses both inland and marine shipping. Our experienced team adeptly orchestrates the movement of products through various modes of transport, guaranteeing timely deliveries and cost-efficiency.
Each year, in collaboration with our strategic supply partners, Coral Energy manages the movement of tens of thousands of rail tanks, and charters thousands of vessels ranging from 5 kt barges to 120 kt Suezmaxes. Our integrated approach ensures a reliable and flexible supply chain solution tailored to the unique needs of our clients, underpinned by precision, sustainability, and exceptional service.
Trading, at its core, is a process of correcting imbalances – whether in terms of commodity availability or quality. To ensure the availability of commodities when they are needed, it becomes imperative to store them during periods of excess supply and release them during times of scarcity. To manage quality to meet the customers’ expectations and the strict national and global standards, a sophisticated blending capability combining knowledge and technical facilities is required. A successful global liquid hydrocarbons and dry bulk commodities trading operation such as Coral Energy relies on an extensive network of terminals for throughput, storage and blending in key strategic locations in multiple regions across the world.
We aim to deliver the right commodity to the right place at the right time.
Delivering the right quantity is a must. Quality control is paramount. Coral Energy’s inhouse quality control experts make sure that quantity and quality is stringently controlled at every stage of delivery, especially when it comes to transportation mode change.
The scale and complexity of trading operations run by Coral Energy demand nothing less than a highly sophisticated tech-savvy IT infrastructure.
Сoral Energy’s state-of-the-art trading platform spans across every facet of our operations, from the front office to ops, derivatives, back office, and reporting. As a backbone of our trading activities, this comprehensive and integrated platform provides real-time tracking, valuation, and reporting for all our trades, and empowers us to make informed decisions, manage our operations efficiently, ensure transparency and accuracy throughout our trading processes, manage risks and stay compliant.
At Coral Energy, we make sure that our trading activities follow the established regulatory framework and industry best practices, promoting market integrity, fairness, and transparency.
Our dedicated in-house compliance team ensures adherence to regulatory obligations and compliance with international or regional sanctions, drives implementation and execution of robust AML, Anti-Corruption and KYC procedures, and promotes a culture of compliance throughout our organization.