Risk Management
Superior returns can be achieved by a combination of above market returns and below market risk. Risk Management is one of the foundations of our business. The risk management systems developed in-house cover all areas of our business.
Our risk management methodology is key to the decision-making process for both physical and paper trading. We closely follow the world’s oil markets by using a comprehensive database and sophisticated software tools, which help track refinery margins, inventories, inter-regional arbitrage and macroeconomic data. Chartering deals identified by the Projects and Chartering Departments undergo a thorough risk analysis, requiring approval from the Director of Risk Management. Derivatives traders follow strict VaR limits and trades are subject to approval from the Risk Management Department.