One hand on the barrel, from source to receiving port.
Cheka's flagship division trades 14 crude and refined-product grades worldwide, chartering the tankers, holding the tankage, and delivering cargoes from 30,000 MT upward on FOB, CIF, CFR, and DDP terms.
Where the money moves.
Crude oil and refined products are the core of Cheka's book and the engine of the group. We buy at the refinery gate and the loading terminal, sell on every major coast, and carry the cargo, the storage, and the price risk ourselves rather than passing it down the line.
We match every barrel to a buyer, and price the risk.
Cheka buys crude and refined products from refineries and terminals, then sells to buyers on every major coast. Our desks match supply to demand across the slate, moving spot cargoes and holding term contracts, and we hedge the exposure rather than chase it.
- Physical crude and products desksDedicated books for sweet and sour crude and the full refined slate.
- Spot and term contractsSingle cargoes to multi-year offtake, priced against the right benchmark.
- Risk managed, not chasedExposure hedged on paper so the physical trade stays clean.
The cargo does not wait for a ship. We charter it.
Once a trade is done, our chartering desk fixes the tonnage and runs the voyage from load port to discharge. We manage laytime and demurrage, keep the cargo insured door to door, and track each vessel until the receiving port has signed off.
- Tanker charteringAframax to VLCC tonnage fixed to fit the cargo and the route.
- Voyage & demurrageLaytime, bunkers, and port calls managed to protect the margin.
- Cargo insuranceEvery parcel covered from load to discharge.
Barrels secured at the source.
Reliable supply starts upstream. Cheka builds offtake and supply relationships directly with producers and refineries, committing to feedstock before it reaches the open market and holding it to specification from the first sample.
- Producer offtake agreementsVolume committed at source, not scrambled for on the spot market.
- Quality assured at sourceSGS sampling and certificates before a barrel loads.
- Reliable feedstockConsistent grades that let buyers plan their own runs.
The last mile to the businesses that burn it.
A cargo is only worth its delivery. Cheka moves refined product into the wholesale channel and on to the operators, fleets, and communities that use it, keeping supply steady through the peaks in demand.
- Wholesale distributionBulk product placed with distributors and end users.
- Last-mile logisticsTrucking and rail arranged through to the receiving terminal.
- Supply reliabilityTerm commitments that hold through seasonal demand.
Crude in, the grades buyers actually want out.
Cheka works refinery relationships and toll arrangements to convert crude into finished grades on demand. We optimise the cut for the destination market and hold every product to its published specification.
- Refinery relationshipsProcessing capacity on call across multiple sites.
- Grade optimisationThe right yield of gasoil, jet, naphtha, and fuel oil for the market.
- Product specifications to standardEvery grade delivered to ISO and destination-market spec.
Tankage to hold the barrel and time the market.
Shore tanks give Cheka room to wait. We hold product in coastal and inland tankage, blend to a buyer's exact specification, and keep heated capacity for residual grades that will not move cold.
- Coastal & inland tankageStorage positioned on the trade routes we run.
- Blending to specComponents mixed to the grade and flash point a buyer needs.
- Heated storage for residualsFuel oil and bitumen kept pumpable and ready to load.
Tell us the grade, the volume, and the port.
Send the enquiry and Cheka comes back with a firm, deliverable offer: price, laycan, terms, and inspection included.