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04.

We supply energy to our End-Users

Onex is an independent commodities trading house, creating logistics solutions that safely and efficiently move physical energy and soft commodities from where they are sourced and stored to where they are demanded most.

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ONEX DMCC

Visit our trading and shipping platform

 20 years+

Dubai, Geneva

Delivering Excellence

Trading

55mn bp/a volume

We have curated expertise and relationships with the global trading houses, oil majors and end users in the industry. In 2022, we lifted around 8mn tonnes of product.

Image by Zbynek Burival

Shipping

Shipping Fleet and Operations

We took delivery of 3 new LR-2 vessels from HHI. Our vessels are currently being managed by Anglo-Eastern and Scorpio Tankers

We have a consistent fleet of 8-10 vessels per month under our management and operations.

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Team

Dubai and Geneva

We have a team of 40 expert trading and shipping professionals.

We have on the ground technical and operator experts in the countries we operate enabling a competitive edge in our supply chain management.

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Products

Fuel Oil, Naphtha, Gasoline

We are one of the leading lifters of Fuel Oil in the market sourcing our product from SOMO, Iraq.

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"We are actively engaged in the responsible supply of oil and petroleum products. We are committed to sustainable practices while meeting global energy demands."

Critical

A single barrel of crude oil has many uses and end consumers

Crude oil is a raw material than can produce a wide array of products, each playing a crucial role in our everyday lives. Onex sources, stores and supplies many of these petroleum products, including gasoline, diesel, jet fuel and heavy fuel oil. We also blend fuels to comply with environmental regulations and enhance their performance for end-users.

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CRUDE OIL ONCE REFINED CAN PRODUCE MANY IMPORTANT PRODUCTS THAT ARE KEY TO ENERGISE THE WORLD

Scalable, Reliable, Globally Positioned

SUMMARY

As part of ONEX’s integrated energy supply chain, our shipping division ensures secure, efficient, and timely movement of crude and refined products across regional and global markets. Our fleet of product and crude tankers is designed to support our upstream, refining, and trading operations while providing optionality, speed, and independence in a volatile logistics environment.

MORE ON OUR FLEET

ONEX currently operates a modern and expanding fleet of 7 vessels, including:

  • 4 LR2 (Long Range 2) Tankers
    Ideal for long-haul delivery of clean products and crude, each with capacity ~105,000–115,000 DWT.

  • 1 LR1 (Long Range 1) Tankers
    Versatile for both clean and dirty cargoes, servicing regional and intercontinental trades.

  • 2 MR (Medium Range) Tankers
    Expected delivery: Q2 2026. These vessels will add nimbleness to short- and mid-range cargo deliveries across the Middle East, Red Sea, and Mediterranean. The shipbuilder is Hyundai Heavy Industries.

Information:

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