We track product tankers across 13 Southern African ports every day. When a parcel sits longer than it should, we find the owner — and the licensed buyer who fits it.
The fuel desk
The long-tail of the cargo market: 10,000–60,000 MT parcels of EN590 diesel, jet fuel, gasoil and fuel oil in secondary ports — Durban, Richards Bay, Walvis Bay, Beira, Maputo, Nacala and the rest of the SADC coastline. The lots the majors' desks don't watch.
Demurrage running, discharge port defaulted, charter fallen through. We approach you through the proper channels (port agent → principal), and bring a buying desk that fits your parcel — with the document chain ready: NCNDA, FCO, IMFPA.
State importers, terminal operators, distributors: we flag parcels that match your ports, specs and volumes before the wider market sees them. Every parcel comes named: vessel, IMO, live position, owner of record, SGS at discharge at your option.
| Step | What happens | Who moves it |
|---|---|---|
| 01 Verify | Vessel named by IMO + MMSI; position confirmed on live AIS; owner of record confirmed in the shipping registers | Meridian, before anything else |
| 02 Protect | NCNDA signed by all parties; IMFPA filed so the commission chain is agreed in writing up front | Both sides, day one |
| 03 Offer | Owner issues FCO: product, quantity, spec, price basis, laycan, discharge port. 48-hour validity | Owner, via our introduction |
| 04 Commit | Buyer issues ICPO/LOI on company letterhead; SPA drafted and executed | Buyer |
| 05 Pay | SBLC, MT103 or independent-law-firm escrow — release against SGS Q&Q + full title documents | Buyer's bank |
| 06 Close | Discharge, SGS pass, funds release, IMFPA chain settles within 48 hours of seller payment | Everyone — cleanly |
Full document templates — NCNDA, FCO, LOI, IMFPA, SGS request — available on request to verified counterparties.
The cargo brokerage space carries an industrial-scale scam economy. We documented the eight most common patterns, and our operating rules are built to neutralise every one of them.
Nobody sells real fuel at 20–30% below Platts. The bigger the discount, the faster we hang up. Real distressed cargo trades a few dollars under the benchmark — not a miracle.
Proof of product before any payment instrument exists is the classic inversion. Real sellers show title documents against a real payment commitment. We follow the ICC-recognised sequence, not the scam one.
"Seller's mandate's mandate" with no verifiable chain to the owner. Our rule: one intermediary per side, maximum — and the owner is always reachable through the port agent of record.
Any "registration fee", "performance bond to the broker", or "documentation fee" before a deal exists = walk. We never pay to play and neither should you.
Coverage
Live AIS monitoring across the SADC coastline: Durban · Richards Bay · Cape Town · Saldanha · Port Elizabeth · Coega/Ngqura · East London · Walvis Bay · Lüderitz · Maputo · Beira · Nacala · Dar es Salaam
Port agents of record on file for every port — the proper channel to every owner.
Buyers: see the parcels that fit your book before the market does. One email starts either conversation.
info@meridianpetroleumgroup.com