DRUM COMMODITIES
Commodity in Durban

Our principal customers are Trade & Commodity Finance teams for international banks who finance imports and exports of commodities in Africa and the Middle East. We also work for corporates and trade houses involved in commodity flows. Vallis Commodities is a Collateral Manager, offering a range of services that are risk mitigants for each transaction. Release mechanisms for the bank when the borrower makes payments. We also have many more operations established across Africa. For a supply chain pipeline, moving product over considerable distances and often across countries, we have developed our Supply Chain Management package. Our subsidiary, VTAS, provides a wide range of risk mitigation and assurance services including Marine and Cargo Services, Asset Recovery, Research and Audits. We have over 531 members of staff from management to on-the-ground teams. All are employed through local subsidiaries or the UK head office. Full recourse to the UK company as the sole entity for all contracts. Enabling of a structured transaction that reduces Risk Weighted Assets. Specialist knowledge of the African and Middle Eastern markets. Audit operations are every 6 weeks Significant reduction of risk. Any CMA is preceded by due diligence and inspections of site, warehouse, tank farm, or supply chain. The aim of these inspections is to satisfy the requirements for insurance to provide a scope of services and derive a set of costs. All of our insurers have an A rating or better provided by Standard and Poor’s (S & P). Our partner insurers include Lloyd’s of London Syndicates and Berkshire Hathaway. Drum Resources established to cover collateral management of soft commodities in CIS markets. Drum Resources conducts its first Collateral Management Agreements (CMA) in Africa. These took place in Ghana and Mali, where Vallis continues to operate today. (These two entities are managed independently, with no cross liability). This began with a CMA for Sugar in Bahrain and has now grown to include operations in 4 countries across the region, including fuel management in the UAE. Project surveys: Extensive studies into logistics have included mining projects in Sierra Leone and Tanzania. Vallis Commodities offers a range of independent and proven Marine and Cargo Services to commodity buyers and sellers across Africa and the Middle East. Cargo Tally Verification: Tally of stock into and out of storage facilities. Samples can be sent to a qualified laboratory for chemical analysis. An established presence in all major ports across Africa and the Middle East and a strong culture of providing independent information. Real-time reporting in line with local operational practices, supported by tried and tested procedures and reporting expedited from the UK.