What Is Low Pour Fuel (LPFO)? Low pour fuel oil (LPFO), also known as black oil, is a fundamental input in steam generation in many labour-intensive industries like textiles, construction, food and beverages. It is also commonly used in vehicles and is a cheaper alternative to vacuum gas or engine oil.

Our trade process spreads across CIF, FOB, TTO, and TTT, depending on the buyer’s preference. Here’s what they entail: 1). Cost Insurance and Freight (CIF): Here, the seller will handle everything from loading the vessel, paying for insurance, and sending the product to wherever the buyer wants it delivered. 2). Freight On Board (FOB): Here, the seller pays for the transportation of the goods to the port of shipment, plus loading costs, while the buyer pays the cost of marine freight transport, insurance, unloading, and transportation from the originating port to the final destination. 3). Tanker Take Over (TTO): Here, the buyer will take over the vessel, offload the product at their destination, and return it. 4). Tanker To Tanker (TTT): Here, the buyer uses their own vessel, long sides with the seller’s vessel, and then the cargo is transshipped when the transaction is fully settled.