Our Services

Our headquarters is in the United Arab Emirates, a key hub for global energy trading. Our banking operations are also based in the UAE, ensuring financial stability and seamless transaction processing for our international partners.

We work with major energy companies, industrial manufacturers, aviation and maritime operators, and government entities across four continents. Our clients trust us for large-scale energy solutions, reliable supply chains, and market-driven pricing strategies.

We currently hold supply in Fujairah, one of the world’s leading bunkering and energy trading hubs, ensuring consistent availability and efficient distribution for our clients.

FOB Procedure: CI DIP & PAY

At Profin Holdings, we adhere to a structured and transparent FOB (Free on Board) CI DIP & PAY process to ensure seamless transactions and trust between all parties. Below is our step-by-step procedure:

0. FCO (Full Corporate Offer) – Seller Issues Offer

1. Buyer Issues ICPO

The buyer submits an Irrevocable Corporate Purchase Order (ICPO) with full transaction details, specifying volume, product specifications, and intended storage or vessel details.

2. Seller Issues CI (Commercial Invoice)

Upon receipt and approval of the ICPO, the seller issues the Commercial Invoice (CI) for the agreed-upon product and quantity.

3. Buyer Signs and Returns CI

The buyer signs and returns the CI, confirming their acceptance of the transaction terms and agreement to proceed with the purchase.

4. Seller Issues Proof of Product (POP) Documents

The seller provides the buyer with essential documentation for verification, including:

• TSR (Tank Storage Receipt with GPS Coordinates)
• Injection Report
• Unconditional Dip-Test Authorization Letter of Acknowledgement and Readiness Dip Test Inspection Schedule
• ATV (Authorization to Verify) document
• ATSC (Authorization to Sell and Collect)
• Fresh SGS (Quality & Quantity Analysis Report)

5. Buyer Conducts Dip Test

The buyer performs a dip test in the seller’s tank with an SGS official, receiving a fresh SGS report within 24 hours along with the ATSC (Authorization to Sell and Collect) for the product.

6. Buyer Provides TSA/TSR or Vessel Details

Within 24 hours, the buyer submits either:

• TSA (Tank Storage Agreement) / TSR (Tank Storage Receipt) for injection into their hired tank.
• Vessel Details (CPA-Q88) if the product is to be transferred via vessel.

7. Successful Injection & Payment

Upon successful injection into the buyer’s tank or vessel, the buyer makes full payment via MT103 for the total product cost.

8. Payment Confirmation & Intermediary Commission Disbursement

The seller confirms receipt of payment, and both parties proceed with the disbursement of intermediary commissions under NCNDA/IMFPA (Non-Circumvention, Non-Disclosure Agreement / Irrevocable Master Fee Protection Agreement).

9. Contract Commences with Rolls and Extension

Upon successful completion of the first transaction, both parties may enter into a long-term supply contract with rolls and extensions.

Important Note:

• No documents will be exchanged online with new clients.
• We prefer face-to-face dealings to ensure transparency and mutual confidence.

At Profin Holdings, trust, reliability, and professionalism define every transaction. Our structured FOB CI DIP & PAY process ensures a smooth and secure energy trading experience.

Yes, we do CIF (Cost, Insurance, and Freight), primarily for existing clients with whom we have a strong track record of successful cooperation on an FOB (Free on Board) basis.

For new clients, our preference is to start with FOB transactions to establish trust and operational efficiency. However, if CIF is a necessity, we leverage our diplomatic, economic, and political connections to conduct a thorough due diligence process, ensuring we are engaging with a legitimate and credible counterparty. This verification process typically takes 5 to 10 working days, safeguarding both parties and ensuring a smooth, secure transaction.

We prefer to start with a trial shipment of 100,000 tons, allowing both parties to establish a smooth operational flow. Upon successful completion, we proceed with a rollover of up to 300,000 tons per month, ensuring consistent supply and long-term cooperation tailored to our client’s needs.