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shipping

Light crude oil is liquid petroleum that has a low density and flows freely at room temperature.

It has a low viscosity, low specific gravity and high API gravity due to the presence of a high proportion of light hydrocarbon fractions. It generally has a low waxcontent

Chartering

For our traders, tankers are mobile terminals. We charter ships as working assets and aim to minimise idle time, while seeking out the best possible return.

The freight desks interact with trading desks to expand the UMT Investments offer. We also trade externally. We give potential buyers the option to buy their commodities with freight, on CIF (cost, insurance and freight) instead of FOB (free on board) terms.