Distressed & Vintage VLCC Sourcing
Access to motivated owners and as-is tonnage structured on success-based terms.
Specialized Crude Extraction & Logistics — High-Risk, High-Reward Middle East Opportunities
We structure and execute the movement of discounted Iraqi Basrah crude through constrained waterways.
Qualified counterparties only · Response within 48 hours · NDA on request
Access to motivated owners and as-is tonnage structured on success-based terms.
Direct pathways to term nominations on deeply discounted FOB Basrah Medium & Heavy.
Zero or near-zero equity participation models where partners share upside only on successful transit and delivery.
FIRMUM RIDGE exists to unlock stranded value in the most challenging crude markets. We identify motivated vessel owners, structure carried-interest and success-fee arrangements, and pair them with high-margin Iraqi export opportunities that conventional players decline.
— Statement of Purpose
Discreet outreach to off-market tonnage; as-is, where-is candidates screened for class, flag and seaworthiness risk.
No upfront equity ask. Fees and carry crystallize only upon transit — alignment written into the contract itself.
Term nominations on FOB Basrah Medium & Heavy through licensed channels, at the widest available differentials.
Loading at Basrah terminals, Hormuz transit, delivery or STS completion. Settlement follows cargo, never the reverse.
Figures reflect current program scope and prevailing corridor conditions. Final terms are issued only under mutual NDA following counterparty verification.
Request Confidential Briefing →All engagements subject to KYC, compliance, and mutual NDA.