Terminal Marketplace

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Terminal Marketplace

The world’s first platform for buying and selling terminal capacity.

  • First, create a user ID and password by clicking the button to the right. They will be generated and sent to you within 24 hours.
  • By accessing this platform you accept the Terms of Service here.
  • Login into the Teminal Marketplace – PLEASE use a CHROME browser for best results.
  • Enter information in the appropriate boxes:
    • Whether you want to make an offer to either buy or sell terminal capacity
    • Total capacity available (in barrels)
    • Minimum volume accepted (in barrels)
    • Price (USD)
    • When you bid for terminal capacity, you may opt to pay upfront by selecting “prepay” when inputting your bid price. If you make this selection, you will not need your counterparties’ prior credit approval (also, please see below regarding approved counterparties functionality)
    • The expiration date of the listing
  • Click on the Terminal details tab and enter appropriate boxes
    • Enter single month, multiple months or quarterly strips
    • Terminal or facility name
    • Start month/year
    • The number of months of capacity that you want to buy or sell
    • Select locations – crude grade or product grade against the capacity
    • For fungible listings, a single grade is required
  • Once you have entered the relevant information, you will be notified by email that you have entered a valid listing for either:
    • Selling capacity that you already own; or
    • making an enquiry to buy capacity for a particular volume and month.
  • An email describing your listing will be sent to all current Terminal Marketplace customers.
  • If your offer to buy or sell terminal capacity is accepted, then you will be notified by email with information regarding your counterparty.
  • At any time, you may cancel your offer, make a counteroffer by modifying the price, term or volume or execute a transaction by accepting an offer or counteroffer from the counterparty.
  • PLEASE NOTE: when a buyer or seller are matched-up, then the offer to buy or sell will be a valid and binding agreement unless a party notifies the other and Matrix of cancellation within twenty-four (24) hours of the initial matching.
  • You can provide Matrix with the names of your approved counterparties in advance, and we will populate them in our system, after which only your approved counterparties (or parties that opt to prepay) can respond to your offers.