It is the policy of World Oil Traders to prohibit and actively prevent money laundering and any activity that facilitates money laundering or the funding of terrorist or criminal activities. That is why our transactions all comply with applicable requirements under the Patriot Act, international regulations and Bank Secrecy Act (BSA) and its implemented regulations.

World Oil Traders AML Policy

Money laundering is generally defined as engaging in acts designed to conceal or disguise the true origins of criminally derived proceeds so that the proceeds appear to have derived from legitimate origins or constitute legitimate assets. Generally, money laundering occurs in three stages. Cash first enters the financial system at the placement stage, where the cash generated from criminal activities is converted into monetary instruments, such as money orders or traveler’s checks, or deposited into accounts at financial institutions. At the layering stage, the funds are transferred or moved into other accounts or other financial institutions to further separate the money from its criminal origin. Then, at the integration stage, the funds are reintroduced into the economy and used to purchase legitimate assets or to fund other criminal activities or legitimate businesses.

Terrorist financing may not involve the proceeds of criminal conduct but rather the practice attempts to conceal either the origin of the funds or their intended use, which could be for criminal purposes. Legitimate sources of funds are a key difference between terrorist financiers and traditional criminal organizations. In addition to charitable donations, legitimate sources include foreign government sponsors, business ownership and personal employment. Although the motivation differs between traditional money launderers and terrorist financiers, the actual methods used to fund terrorist operations can be the same as or similar to methods used by other criminals to launder funds. Funding for terrorist attacks does not always require large sums of money and the associated transactions may not be complex.

World Oil Traders AML policies, procedures and internal controls are designed to ensure compliance with all applicable Patriot Act, BSA regulations, FINRA rules, and international regulations. We review and update our AML policies on a regular basis to ensure that appropriate policies, procedures and internal controls are in place to account for both changes in regulations and changes in our business.

© Unlawful use or distribution is prohibited without prior written consent/authorization of World Oil Traders. This website is provided “as is” without any representations or warranties, express or implied. World Oil Traders makes no representations or warranties in relation to this website or the information and materials provided on this website. All terms, conditions, offers, pricing, transactional procedures are examples and may not represent current opportunities and are subject change without notice. By utilizing this website you agree that the limitations of warranties and liability set out in this website disclaimer will protect World Oil Traders officers, employees, agents, subsidiaries, successors, assigns, and sub-contractors.

Physical Commodity Suppliers

World Oil TradersTrusted fuel suppliers of petrochemical products and derivatives:

  • M100/Fuel Oil GOST 10585-75/99/2013
  • D6 Virgin Diesel Bunker Fuel
  • D2 Diesel Fuel/EN 590 GOST R 52368-2005
  • D2 Gasoil L0.2/62 GOST 305-82
  • Fuel Oil 380 CST
  • Jet Fuel (JP54)/Aviation Kerosene
  • #95 Octane
  • Crude Oil (Heavy & Light)
  • Russian Export Blend Crude Oil R.E.B.C.O. GOST 51858-2002
  • Jet A1
  • LNG
  • LPG

World Oil Traders supplies Physical Commodity: Crude Oil, D6, D2 Low Sulphur Diesel, Kerosene JET A1, Mazut M-100, Bio Fuels, EN590 road Diesel, LNG, LPG, D6 Bunker Fuel to the following ports:

  1. Shanghai, China
  2. Shenzhen, China
  3. Hong Kong, S.A.R., China
  4. Ningbo-Zhoushan, China
  5. Qingdao, China
  6. Guangzhou Harbor, China
  7. Busan, South Korea
  8. Tianjin, China
  9. Rotterdam, Netherlands
  10. Singapore
  11. Antwerp, Belgium
  12. Hamburg, Germany
  13. Felixstowe, U.K.
  14. Laem Chabang, Thailand
  15. Jebel Ali, Dubai, United Arab Emirates
  16. Port Klang, Malaysia
  17. Ho Chi Minh, Vietnam
  18. Santos, Brazil
  19. Manila, Philippines
  20. Ambarli, Turkey
  21. Tanger Med, Morocco
  22. Valencia, Spain
  23. Hanshin Ports, Japan
  24. Port Said East, Egypt
  25. Piraeus, Greece
  26. Ambarli, Turkey
  27. Tanjung Perak, Surabaya, Indonesia
  28. Salalah, Oman
  29. Houston, United States