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Verification

Inspection and custody transfer

Independent inspection by an internationally recognised company agreed between the parties, with custody documented at every hand-off.

Scope

  • Appointment
    Agreed between the parties
  • Standard
    Internationally recognised inspection company
  • Authority
    Independent result governs
  • Record
    Custody documented at each hand-off

Quantity and quality disputes are the most expensive part of a transaction that has otherwise gone well, and almost all of them come from a hand-off nobody witnessed.

Where the transaction requires it, inspection is carried out by an internationally recognised inspection company agreed between the parties rather than appointed unilaterally by the seller. The result governs, which is the only arrangement a buyer should accept.

Custody is documented at each transfer point, so a shortage can be located rather than argued about after the fact.

Related

More projects

Current focus

AGO and EN590 supply

Automotive gas oil and EN590 sourced against confirmed supplier allocation and matched to a buyer's specification, volume and delivery window.

Sourcing

Refined product sourcing

PMS, DPK, LPFO and Jet A1 sourced where a credible supply channel exists, added as availability is verified rather than advertised in advance.

Intermediation

Crude oil intermediation

Undertaken where DABA holds an authorised seller mandate and verified supply sits behind it. Both conditions, not either.

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