LECOTRA was initially launched as a trading company in Dubai Multi Commodities Centre (DMCC), UAE, in June 2019, trading oil products and petrochemical goods with a goal of maximizing value across the supply chain and providing a logistical edge through its extensive in-house trading and shipping experience.
Risk Management
Our risk management policy was developed by a select group of experts and aims to cover all credit, market, and operational risks. Credit risk is preliminarily assessed through our KYC process and if not completely mitigated then suitable credit insurance is put in place for the shipments as the credit desk deems necessary. Market risk is managed by our hedging desk and the use of financial instruments such as futures, swap options and other derivatives. Operational risk is managed through well-defined processes by which our shipping, blending and terminal operations are conducted.