Overview
Employees
51-200 employees
Headquarters
Houston,, Texas
Category
Financial Services
The difficult financial market, falling freight rates, volatile fuel prices and an unprecedented credit squeeze has forced many bunker suppliers, purchasers and traders to seek more certainty in their business. The Voyager solution assumes all credit risk within a bunker transaction, guarantees rapid payment to the supplier and provides extended credit terms to the purchaser. For the supplier this enables a faster turnover of capital, enhanced profitability and a reduced working capital requirement; and for the buyer this also means a lower working capital requirement, as well as lower costs. For traders this means that they can do transactions without using or risking their own capital.