OIL AND REFINED FUELS
LK Trading is involved in the trading and shipping of oil products, particularly ULSD (Ultra Low Sulfur Diesel), Gasoline and to a small extent of jet-fuel to world-wide destinations from the ports of Houston, Corpus Christie, Texas City, Port Arthur and New Orleans. LK Trading is the registered vendor of Chevron and Phillips66 and of four very large ReSellers.
PETROLEUM COKE
LK Trading has been involved in the loading, discharging and operational aspects of Petroleum Coke originating in the USA since the early 90’s. In November of 2021, LK Trading was given an allocation by Canada’s largest refinery after working at it for four years. We expect to start shipping from a Canadian Pacific port in capacities sufficient for Cape Size Vessels towards Asian destinations.
THERMAL COAL
LK Trading has access to thermal coal from South Africa, Indonesia, Colombia and Tanzania. We are able to source the coal and deliver to world-wide destinations.
Vessels for such deliveries are chartered by LK Trading in their own name and Insurance is provided to the Beneficiary for 110% of the contract value by Arthur J. Gallagher London Underwriters since LK Trading is a registered vendor.
METALLURGICAL COAL
We are now working to load metallurgical coal from mines in West Virginia for export of low volatile and mid volatile coking coal to India via the port of New Orleans. Efforts are underway to commence shipments from July of 2022 and we expect to export about 1,000,000 MT annually. Coking Coal from Vladivostok was traded and shipped to Pipavav, India, a few years back.
GUAR GUM FOR THE FRACKING INDUSTRY
In August 2011, LK trading commenced trading in Guar Gum powder sourced from India for the fracking Industry.
LK’s customers were some of the biggest oil majors in the industry and moved over 1500 containers in about 4 years. This business ceased in 2014 due to oil price crash, we do expect to recommence in 2017.
COLD ROLLED STEEL COILS
Hot rolled and Cold rolled steel coils from Brazil to USA were transported on company owned vessels trading between Rio De Janeiro and New Orleans. LK Trading shipped the cargo for their own buyers and sellers.
FERROUS & NON-FERROUS SCRAP
LK Trading had their own scrap yard and demolished barges for scrap and additionally sourced material from different states in the U.S. for export to India and other countries.
OTHER COMMODITIES
LK Trading is working on other commodities like N46 Prilled Urea in bags and containerized and in bulk from China and the Middle East.
Overhead Cranes from Europe to Alabama in knockdown condition were containerized and sold to customers in USA. Second-hand cranes (mainly PH 640) from USA were shipped in containers to Nhava Shiva and Kolkata for the building industry.
