1. Acceptance of Terms and Conditions

By accessing and using the brokerage services provided by HELMSMAN BROKERAGE (“Company”), you agree to comply with and be bound by these Terms and Conditions (“Terms”).

2. Definitions

– “Client,” “you,” or “your” refers to the individual or entity utilizing our brokerage services.

– “Company,” “we,” “our,” or “us” refers to HELMSMAN BROKERAGE.

– “Oil Products” refer to any petroleum-based products, including but not limited to crude oil, refined products, and petrochemicals.

– “Shipbroking” refers to the services provided by the Company related to the chartering, sales or purchase of vessels.

3. Scope of Services

3.1. The Company will provide brokerage services related to oil products and shipbroking to the Client, which may include but are not limited to:

   – Facilitating the sale, purchase, or chartering of vessels.

   – Connecting buyers and sellers of oil products.

   – Providing market analysis and research.

3.2. The Company will act as an intermediary between the Client and relevant markets, exchanges, and parties involved in oil products and shipbroking.

4. Client Obligations

4.1. The Client acknowledges and understands the risks associated with oil products and shipbroking and agrees to assume full responsibility for any financial losses incurred.

4.2. The Client is responsible for providing accurate and up-to-date information required for transactions and account setup.

4.3. The Client will comply with all applicable laws, regulations, and industry standards related to oil products and shipbroking.

5. Fees and Payments

5.1. The Client agrees to pay the Company’s fees, commissions, and any other charges as specified in the fee schedule provided by the Company.

5.2. The Company reserves the right to amend its fee schedule with prior notice to the Client.

6. Confidentiality

6.1. The Company will maintain the confidentiality of the Client’s sensitive information and transaction details, subject to legal and regulatory requirements.

6.2. The Client acknowledges that certain information, such as transaction details, may be disclosed to relevant parties involved in brokerage transactions.

7. Termination

7.1. Either party may terminate this agreement with written notice to the other party.

7.2. Upon termination, the Client must settle all outstanding obligations, fees, and liabilities.

8. Risk Disclosure

The Client acknowledges and understands that oil products and shipbroking involve inherent risks, including the risk of financial loss, and agrees to assume these risks.

9. Limitation of Liability

The Company shall not be liable for any direct, indirect, consequential, or incidental damages arising from the use of our brokerage services.

10. Governing Law and Jurisdiction

These Terms and Conditions shall be governed by and construed in accordance with the laws of UK. Any disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of London Court.

11. Amendments

The Company reserves the right to amend these Terms and Conditions at any time. Clients will be notified of such changes, and continued use of our services implies acceptance of the revised Terms.

12. Contact Information

For questions or concerns related to these Terms and Conditions or our brokerage services for oil products and shipbroking, please contact us at [email protected].

By using our brokerage services, you agree to these Terms and Conditions. Please read them carefully and consult with legal counsel if needed.