Trade as Principal

We hold cargo title. We are not an intermediary.

SNSUC trades bulk petroleum products in its own name and holds title to the cargo it sells. When you receive a quotation from us, you are dealing with the party that owns the barrels — not a broker passing paper between two counterparties who have never met.

Cargo title

Do you own the cargo, or are you brokering it?

We contract as principal in our own name. Title, risk and payment obligations sit with SNSUC or with its overseas SPV — not with an unnamed end-buyer behind a chain of intermediaries.

Performance

Can you actually lift and deliver?

Crude is moved through ship-to-ship transfer at established anchorages outside the Strait of Hormuz, or delivered under bonded-warehouse arrangements. Clean products move on conventional tanker parcels. We state the loading port and the routing tier in every quotation — never a generic "Middle East origin".

Paper

Are the documents clean?

Bills of lading, independent third-party inspection, certificates of origin and quantity are issued per standard trade practice. For offshore transit trades we keep the cargo flow and the payment flow in a closed loop, and we say so to our bank upfront rather than waiting to be asked.

How we trade

Three structures, chosen before the instrument is issued

Transit / Offshore

Cargo that never enters China customs

Goods move from one overseas party to another without clearing Chinese customs, settled offshore in a single currency. This is the structure we use for crude transshipment and for third-country trades.

Executed through SPVs in Singapore, Hong Kong and DIFC (Dubai), each with real office, staff and decision-making presence.

STS Transshipment

Ship-to-ship outside the Strait

For crude, discharge port cannot be changed once the letter of credit is opened. We therefore lock the destination as an STS anchorage — Sohar or Fujairah — at the structuring stage, before any instrument is issued.

This is a documentary constraint, not a logistics afterthought. We raise it with counterparties before terms are agreed.

Import / Export

Conventional bonded trade

Fuel oil, base oil, lubricants, asphalt, paraffin wax and petroleum coke traded into and out of China through bonded storage, with customs clearance handled by the importing entity of record.

Where a transaction requires a Chinese import quota, the qualified domestic party acts as importer of record. We do not trade quota.

Want to see what we can actually offer?

Send us the grade, volume, loading range and destination. We will tell you plainly whether it fits — and if it does not, why.

Business Categories

Petroleum Products

Import, transit trade of fuel oil, asphalt, petroleum coke, base oil and other bulk petroleum products.

Rubber & Elastomers

Bonded warehouse listings and cross-border trade of natural and synthetic rubber.

Paraffin & Special Waxes

Global sourcing and supply of fully refined, semi-refined paraffin and microcrystalline waxes.

General Chemicals

Trade of general chemicals related to petroleum products.

Product Catalog

Crude Oil / 原油

Trade Volume

Annual trade volume ~500-800 kt (via import agency for major refineries)

Key Specs

API 25°-35°, sulfur 0.5%-2.5% (Middle East / Russia / West Africa grades)

Primary Routes

Middle East → China (VLCC 25-30 days); Russia → China (ESPO pipeline/rail + sea)

Application

Refinery feedstock for gasoline, diesel, naphtha and downstream chemicals. SNSUC focuses on import agency and transit trade.

Fuel Oil / 燃料油

Trade Volume

Annual trade volume ~100-200 kt

Key Specs

180 CST / 380 CST (ISO 8217), sulfur ≤0.5% (IMO 2020 compliant)

Primary Routes

SE Asia (Singapore) → East China; Middle East → South China

Application

Marine bunker fuel (bonded supply), industrial boiler fuel. SNSUC focuses on bonded bunker and transit trade.

Base Oil / 基础油

Trade Volume

Annual trade volume ~50-100 kt

Key Specs

API Group I/II/III base oils, VI 80-120, pour point -12°C to -21°C

Primary Routes

Korea/Japan → East China; Middle East → China

Application

Lubricant blending feedstock for automotive and industrial lubricants. SNSUC focuses on import supply and bonded transit.

Lubricant / 润滑油

Trade Volume

Annual trade volume ~30-50 kt (finished lubes and additive feedstocks)

Key Specs

Automotive (SAE 0W-20 to 20W-50), Industrial (ISO VG 32-460)

Primary Routes

Japan/Korea/EU/US → China (brand oil import); China → SE Asia/Africa (export)

Application

Engine oil, gear oil, hydraulic oil, heat transfer oil. SNSUC focuses on brand distribution import and export trade.

Paraffin Wax / 石蜡

Trade Volume

Annual trade volume ~20-50 kt

Key Specs

Fully refined (oil ≤0.5%, mp 52-70°C), semi-refined (oil ≤1.5%), microcrystalline wax

Primary Routes

China → SE Asia/South Asia/Africa/South America (export-oriented)

Application

Candles, packaging coatings, rubber antioxidants, cosmetic waxes. SNSUC focuses on export trade and global sourcing.

Bitumen / 沥青

Trade Volume

Annual trade volume ~80-150 kt

Key Specs

Paving grade bitumen (pen 60-80 / 80-100), softening point 44-52°C

Primary Routes

Korea/Singapore → China; Middle East → SE Asia/China

Application

Road paving & maintenance (highways, municipal), building waterproofing. SNSUC focuses on import and spot distribution.

Petroleum Coke / 石油焦

Trade Volume

Annual trade volume ~50-100 kt

Key Specs

Sulfur 0.5%-3.5% (low/medium-sulfur coke), ash ≤0.5%, VM 8%-14%

Primary Routes

US/Venezuela → China; China → India/Middle East (transit)

Application

Aluminum anodes, graphite electrodes, carbon raiser. SNSUC focuses on import and transit trade.

Rubber / 橡胶

Trade Volume

Annual trade volume ~30-80 kt (NR + SR)

Key Specs

NR (TSR10/TSR20, dirt ≤0.10%-0.20%), SBR 1502/1712

Primary Routes

Thailand/Indonesia/Malaysia → China; China → SE Asia (SR export)

Application

Tire manufacturing, hoses & belts, footwear, industrial goods. SNSUC focuses on bonded warehouse listings and import trade.

Trade Modes & Business Scope

Import Trade

Import petroleum products from Middle East, SE Asia, Japan/Korea to China

Transit Trade

International transit via China bonded warehouses, connecting Middle East-Asia Pacific-Africa

Offshore Trade

Third-party offshore trade matching & execution without cargo passing through Chinese customs

Compliance Notice: Our business license covers petroleum product sales. Trade volume figures are estimates based on public industry data and business planning — not performance commitments.