Collateral Management of Assets
CMA involves GCC taking full, 24/7 control over stock after completion of detailed due diligence at the storage facility. Physical security measures include locking & sealing of storage facilities, issuance of electronic warehouse receipts, regular stock counts to reconcile theoretical with actual balances, use of tally- and incident books as well as other customized solutions to mitigate the risk of unauthorized stock releases. These measures are further enhanced by unannounced internal- and external audits at the various sites. Although impossible to fully eliminate risk, GCC’s liability and outturn guarantees provide assurance to our Clients in terms of our commitment to securitization of assets under our control. Strict protocols are followed to ensure that even the slightest breaches and stock discrepancies are identified and reported to stakeholders immediately.
Stock Monitoring of Assets
SMA is a lesser liability engagement whereby GCC is contracted to report at agreed intervals on stock positions as at date and time of such attendance. Stock survey reports are issued to detail the Inspector’s findings.
Inspections and vessel superintendence services
Include quantity verification, quality inspections, sampling, analysis, testing- and tally services. These services are tailored to meet our clients’ needs.