Our customers are of high importance to us, therefore, their needs and expectation are our priority.
We offer our customers access to a wide range of refined products through trading, ship chartering, logistical support, and risk management in the form of financial derivatives.
We deliver refined products to our customers around the globe. This means we blend the products, manage their movement, and provide our customers with real-time logistical support.
Aramco Trading is the number one charterer in the Middle East, with 1,968 voyages during 2018, together with one very large crude carrier (VLCC) that we use as floating storage. Our team takes care of everything, from identifying the ideal shipping solution to tracking each shipment around the clock.
We are entrusted with handling Saudi Aramco’s domestic and international supplies to worldwide markets, including crude, refined products, pelletized sulfur, and petroleum coke (petcoke).
We believe that risk management is an integral part of the decision assessment for our strategic and operational activities. Therefore, we aim to generate value while maintaining an appropriate risk profile.
Strategically, Aramco Trading’s risk framework is owned by the board. It ensures that effective audit, risk management, and compliance systems are in place to monitor and manage the risk of the business at all levels. Tactically, we have an independent body that establishes and enforces risk-control and ensures its effectiveness across all our operations. This body also systematically evaluates risk-control measures, reports risk activities, and provides the necessary checks and balances.