Customer leadership
Creating long-term sustainable relationships with customers and healthy occupancy rates of terminals at attractive rates.
Meeting this demand requires solid infrastructure that seamlessly connect the logistics networks of producers, traders and distributors.
Vostokflot Service LLC mission is to make a sustainable contribution to the creation of efficient logistics processes for our customers by being the leading provider of independent transportation company, tank terminal storage infrastructure at locations that are critical to our customers in all sea port of Russian Federation, Rotterdam and Houston sea port
Vostokflot Service LLC has developed a strategy to realize this mission. This strategy rests on three pillars:
Creating long-term sustainable relationships with customers and healthy occupancy rates of terminals at attractive rates.
Our ability to identify and secure the right locations for our terminals.
Constructing, owning, operating and maintaining terminals to deliver storage and transportation handling services safely at competitive costs.
All three pillars rest on a sustainable foundation, whereby Health, safety, and Environmental care remain our core focus areas. In recent years, we have extended this in being a Responsible partner and include excellent people in order to have a more comprehensive coverage.
In light of the changing energy and petrochemical landscape and a continuing economic shift from West to East over the globe, Vostokflot service llc has updated its terminal portfolio criteria for its existing terminals and its business development activities.
We have defined terminal portfolio criteria on four types of business models as depicted hereafter. The early selection of growth opportunities on the basis of these criteria will ensure a focus on projects that are in line with our strategy.
Together with the improvements at our existing key locations, the strengthening of our service levels and our defined divestment program of assets, the risk-return profile of our global terminal portfolio will be further align with the defined strategic criteria.
Vostokflot service llc expects that a range of gasses will play an increasingly important role in the global energy market. The global growth in petroleum and petrochemical products and the diversification of energy in Russia, we observe increasing demand for storage and handling services of Liquefied Natural Gas (LNG), Liquefied Petroleum Gas (LPG), Diesel gas oil (D2) of all grades, Heavy fuel oil of all grades M100, Aviation Kerosene Jet Fuel (JP54) of all grades, Fertilizer products of all grades etc, and various industrial gasses among a growing number of market participants.
The capacity for refining and petrochemical production is expected to disappear in certain energy consuming countries. These countries will continue to have a high demand for energy whilst they lack competitive production capabilities, consequently the import of oil and chemicals will become more important.
Industrial customers are increasingly interested in contracting storage and handling services that are integrated in their industrial processes but executed by specialists like us.