OUR
History ?
Incorporated in June 2010 as a partnership Company between Sudanese Petroleum Pipeline Holding Co. and Wellbet Co.Ltd whom are both well known in Sudan Petroleum Industry. Based in Red Sea State conduct bunkering supplies at Port Sudan Harbors and its Red Sea Territory areas .
CORAL Bunkering & Services Co. Ltd. have a storage capacity of 22,000 MT at Port Sudan and oil tanker vessel with DWT 1818 MT for off shore bunkering operations (another one supply boat will join the fleet soon) beside road tankers/ jetty supplies.
CORAL Bunkering & Services Co. Ltd. is the only authorized licensed company to conduct bunkering supplies at Port Sudan Harbors and its Red Sea Territory areas .
CORAL Bunkering & Services Co. Ltd. supply IFO, MGO, lubricants, fresh water and providing the services of ships’ waste disposal.
The company well managed by experienced personnel for more than 20 years’ experience at multinational companies specialized at Marine & Aviation petroleum supplies business, together with a strong competent workforce.
OUR
FACTS
Business Module
With access to petroleum products and commodities markets, CORAL originates physical transactions that support its customers’ businesses and help maintain the global balance between areas of excess and areas of need. Complementing this with its strong partners’ network creates both a global perspective and local insight into real time services leading to the optimization of supply-chain dynamics. From its Port Sudan based workplace , CORAL provides everything that its business needs, hence, offers customers individually tailored solutions for petroleum products and commodities supply management through a professionally structured team with sales strength to ensure the successful implementation of transactions.
Partnerships
Strategic Partnership provides CORAL with visionary leadership that shapes the culture and practices of all stakeholders, capable to undertake responsibilities which require strategic thinking and the power of reasoning to develop businesses, maximize resources and manage change. Mainly of the IMO 2020 Regulations enforcing fuel oil standard to have 0.5 % sulphur content beginning of 1st January 2020.
CORAL Team
CORAL Team is comprised primarily of expertise with international relations & management background having extensive commercial experience including marketing and economic analysis. Undertaking the interrelations between the technical and economic aspects of the oil and gas and the commodities sectors, and has served a broad spectrum of clients. They have worked together for a long time and have analyzed many facets of the business including:
- Regional and worldwide supply/demand pricing.
- Sales/supply contract analysis and purchasing strategy.
- Investments/Marketing plans.
- Company/project strategic assessment.
- Technical evaluation of companies/facilities for acquisition or financing.
These in-depth analyses of broad ranging topics provide insight into the key parameters affecting markets, forecasting supply/demand and pricing.
Performance
Coral has an established Risk Management Unit tasked to mitigating the risk of dealing in volatile trading environment, manages market, financial and operational risks associated with transporting petroleum products and commodities in significant volumes. CORAL aim is to manage risks soundly and continue to invest in infrastructure through strategic Energy Trading & Risk Management (ETRM) systems. Our corporate culture stresses the values of accountability, responsibility and communication at all levels of the organization. Shipping, cargo management, loading and unloading is overseen by dedicated experts together with independent inspection companies. Products in storage and the storage assets themselves are continuously monitored.
We aim to consistently reach the highest standards with regard to our safety, health, environment and quality (SHEQ) activities, and maintain these standards wherever we operate.
Core Values
CORAL Code of Conduct outlines the principles to which all employees are required to adhere. The Code of Conduct re-affirms CORAL commitment to uphold the highest ethical standards at all times. The Code Conduct also clearly defines expected behaviors and provides guidance to employees as to CORAL’s principles and how and what employees should escalate to Governance and Compliance embracing CSR as well as HSE.
Governance
CORAL acts as a responsible corporate citizen in its business activities embracing innovation with a culture of compliance, teamwork and integration. CORAL management team is responsible for fostering and maintaining this culture throughout the company and works collectively and continually as a governing body to do this. Conducting business with integrity and high ethical standards, and fostering an environment of mutual respect for all employees is imperative to CORAL continued success.
Compliance
CORAL Compliances are committed to ensuring any issues reported are taken seriously, and are followed through to resolution by reason and process. Expecting all business partners to assist CORAL to meet the responsibilities mentioned in its Code of Conduct and to actively support and respect its values and principles of all business practices.
HSE
HSE Policy at CORAL is to prevent & eliminate the risk of injuries, health hazards & damage to properties & environment. However, committed to save its valuable assets, ensure that its people contribute to the environment. Being proactive in action to set all preventive measures and contingency plans to minimise losses and adding value to all stakeholders. CORAL HSE awareness continuously improves standards where it operates and share best practices in the industry.
