RENIDA TRADE AND SHIPPING L.L.C-FZ offers a stable and reliable product supply which includes fuel oil, crude oil, coal, and a variety of custom options which we are capable of delivering efficiently.

Crude oil (petroleum) is a fossil fuel formed from the remains of sea creatures who died millions of years ago. The increase of temperature and pressure over the millennia converted these remains in to crude oil, trapped beneath the earth’s surface. Once the crude oil has been discovered and pumped out, it is distilled in an oil refinery to separate it in to different products. The different substances have different boiling points and are categorised as such.

Our crude trading business has longstanding relationships with producers and refiners worldwide. We help the former to effectively market and distribute their daily production, and the latter to secure a reliable and consistent supply of the right quality crude at the right time.

We transact different grades of crude oil in locations globally and are active across major centres where crude is produced, refined and traded, enabling our customers to benefit from critical intelligence and access to the most appropriate market. As a physical trader, we can deliver crude anywhere our customers require. We are spot charterers of crude vessels and have a dedicated fleet of various sizes, as well as access to storage on land around the world.

Oil trading deals with one of the most valuable commodities on earth. Millions of gallons of oil are consumed per day globally. It is one of the most important energy sources in the world: we use it to generate heat, power machinery, fuel transportation and its derivatives are used to produce almost all chemical products from plastics and medicines to detergents and paints. Oil trading is a key activity in the global economy.

Fuel oil, also referred to as, Heavy Oil or Residual Fuel Oil, is a residue obtained from the distillation of crude oil during the refining process. Fuel oil is commonly used as feedstock for refineries but is also commercially sold for power generation for either large vessels or electric utilities. Depending on the customer, our fuel oil trading operation has the capability to meet multiple specifications, tailoring blends to individual customer needs and requirements.

Our coal trading operation covers different grades of coking coal. Our metallurgical coal is highly sought after in the energy market for its low volatile matter and coking properties. Additionally, we are fully capable of blending metallurgical coals in order to meet any customer requirement.

RENIDA TRADE AND SHIPPING L.L.C-FZ is committed to providing the exact quantity and quality that our customer’s expect from each order, and we will charter a wide array of products at the request of our patrons. Our goal is to provide the best possible services in compliance with international regulations and customer expectations. To inquire about a product not found on this page, contact us to speak with a RENIDA TRADE AND SHIPPING L.L.C-FZ representative about how we can fulfill your order.

IN ADDITION TO THESE STAPLE PRODUCTS, WE CAN PROVIDE OTHER PHYSICAL COMMODITIES ON A PER-REQUEST BASIS. WE SOURCE, STORE, AND DISTRIBUTE THESE PRODUCTS AND OTHERS IN A VARIETY OF LOCATIONS.

The heart of the management company lies in the chartering and operations department.

The Chartering Department is responsible for screening various employment opportunities for their respective vessels, and receives instructions from the Owners to choose which ones to pursue, negotiate terms and conditions of the contracts under which the vessels are going to be chartered and eventually enter, on behalf of the Owners, into a chartering agreement. This is the starting point of all actions taken when running the ships. The operations department is the main coordinator between the owners of the vessels (the “Owners”), the company’s departments, the vessels under management, the charterers, and all third parties involved with the ships (Ship agents, ship-chandlers, bunkering suppliers, shippers, receivers, stevedores, etc.). Among other things, it is the duty of the operations department to provide post-fixture support to the vessels, to issue voyage instructions, to make sure that the ships perform as per the charterparty agreements, and to ensure the safe and efficient carriage and delivery of cargoes. In addition, the department has to supervise the disbursement of all funds necessary to run the ships, it has to arrange for freight / hire / demurrage collection from charterers, and finally it has to arrange for the provision of the vessels with bunkers.

Cargo handling, port activities, pilotage, towage, wharfage, dockage, canal transits, conveying of cargoes, cargo handling arrangements, loading and discharging of vessels, are some of the actions supervised by the operations department. It is exactly this operational involvement that keeps us so closely abreast and in touch with current market conditions - vitally important in maintaining a competitive edge.

We provide cutting edge advice on commercial operations for Tankers and Bulk Carriers. Years of experience enable us to provide our customers with the best service at the most competitive prices.

As a prudent operator, we continuously monitor vessel performance, charter party negotiations, stowage planning, coordinate port calls, bunkering purchases and use weather routing system to make the life of our customers easier & better informed and their operations more efficient. We ensure that the deliverables are met.

With world events necessitating the highest standards in flawless operations, quality of service within available operation costs. RENIDA TRADE AND SHIPPING L.L.C-FZ ’s experience and strengths are greatly beneficial in meeting these needs.

RENIDA TRADE AND SHIPPING L.L.C-FZ’s team of Maritime Professionals cater to individual requirements from ship owners and ensure that their assets remain preserved in the most optimal way and ships are operated in a Safe and Efficient manner.

RENIDA TRADE AND SHIPPING L.L.C-FZ has developed Comprehensive Ship Management Solutions that make financial sense both to the company, its present and future customers. The concept of value for money has been put across to our clients in such a way that they realize the financial benefits of a long-term relationship.

Broad experience in Bulkers and Tankers provides technical support 24/7 assuring vessels’ efficient performance. Emphasis given through regular onboard attendances on continuous maintenance guarantees high standard and cost effective operation of the fleet.

Preparing Dry dock specifications and budget, supervising dry-docking repairs making sure repairs are completed on time and within Budget.

Tailor made solutions in Technical management are made available to Ship Owners to meet specific operational and maintenance requirements of each vessel. With established and efficient processes, aided by Technology to improve efficiency and service quality, RENIDA TRADE AND SHIPPING L.L.C-FZ’s customers have ready access to Operational, Technical and Financial information in a secure manner.

Budgeting and controlling vessel operating expenses on a monthly basis Preparing Accounts: P&L statements, Balance Sheet, Cashflow Statements Cooperation with Owners’ Auditors during routine reviews and yearly accounts This department manages our accounting services as well as the collection of revenues. The Department of Finance and Accounting also promotes our economic health by providing leadership in the development and execution of sound fiscal policies.

The Financial and Accounting Department provides all ship performance information and accounting, through highly experienced and qualified personnel, allowing ship owners to monitor ships' operations and maintain ultimate control. This is achieved through an in-house group of operating systems, financial and management accounting systems, purchasing controls that cover all aspects of vessels' operation and proper accounting of their performance, and revenue management. The Financial and Accounting Department has overseen the conceptual development and implementation of the company's highly regarded revenue-management systems and procedures.

In addition to the above, the department is responsible for the overall management of our financial affairs, such as to negotiate and co-ordinate budgets in respect of our administrative costs and the funding of the various services we provide. Also, the department administers funds in compliance with all required accounting and financial procedures.

We believe that people are our most important resource in the workplace and at RENIDA TRADE AND SHIPPING L.L.C-FZ, we work towards attracting, developing and retaining the best set of seafarers. Our management centres are supported by global manning offices who recruit skilled seafarers with the right expertise and coordinate all the crewing needs.

Providing legal counseling for cargo, operational issues and claims handling

other sale/purchase activities depending on customer’s needs.