MEETING THE ENERGY DEMANDS OF A GROWING NATION

MARINE DIVISION

 

Caicos Oil is the Turks and Caicos Islands largest independent marine fuel marketer, providing services at seaports throughout the country. With last year's installation of numerous ISO Fuel depots and our emphasis on providing value-added services, we have established a leadership position among independent marine fuel marketers nationwide.

Caicos Oil is recognized as a pioneer in marine fuel marketing. We have successfully integrated ISO Depots into our marine services division and are benefiting by increased market share and an expanded customer base.

In addition to our Depots we offer on the spot bulk fuelling directly to your vessel.

We have expertise in the management of counter-party risk, port arbitrage, spot and contract pricing, wet barrel and paper contract structure, technical services, claims resolution and provide customers with credit. In addition, we are up-to-date with the ongoing changes in marine fuel quality standards, as they affect both suppliers and purchasers.

Shipping companies, once able to contract for fuel supply from the major oil companies on a global basis, must now contend with an increasingly fragmented, risky and volatile supply market. Our marine segment is uniquely positioned to service marine fuel buyers and sellers who increasingly rely on specialized value-added services to participate in a dynamic marketplace.

Recent industry trends demonstrate the beginning of a turnaround from one of the worst shipping markets in recent history. These market conditions, together with higher oil prices, enhance our role as marketers. The demand for our services is greater than ever before as shipping and oil companies are pressured to cut costs and improve performance.

Looking ahead, we will continue to strive for higher levels of performance as we deliver the quality products and services that have been the foundation of our company

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