Assuring Quantity and Quality in High-Value Transfers
The transfer of crude oil, refined fuels, and petrochemicals represents billions of dollars in global trade. Even minor discrepancies in quantity or quality during custody transfer can cause serious financial and reputational loss.
BQCIS provides impartial inspection and verification across all transfer points — including vessels, shore tanks, barges, and terminals. Our certified surveyors conduct precise tank gauging, temperature determination, and VCF-based volume calculations to ensure accurate quantity reconciliation.
We also perform representative sampling and laboratory testing under ASTM, API, and ISO methods. Our Certificates of Quality and Quantity (CoQ / CoQy) serve as legally recognized documentation for commercial settlement, financing, and Bill of Lading (B/L) reconciliation.
Core Inspection & Loss Control Activities
Key Benefits of Trade Inspection & Loss Control
Accurate Custody Transfer
Precise gauging and calibration eliminate disputes and ensure true measurement reconciliation during handover.
Transparent Commercial Settlement
Independent verification guarantees trust among traders, refiners, and financial institutions.
Verified Product Quality
Accredited laboratory analysis confirms product integrity and compliance with ASTM/API standards before discharge or blending.
Minimized Financial Risk
Discrepancy detection and reconciliation reduce exposure to costly claims and loss of product value.
Success Story
Independent Gauging Resolves Multi-Million Dollar Quantity Dispute
A global trader faced a $5M dispute after crude discharge volumes recorded by the vessel and terminal differed significantly. The discrepancy created payment delays and potential legal exposure.
BQCIS performed a full Loss Control investigation — reviewing ship/shore tank data, temperature logs, and VCF tables. Our independent recalculation identified a thermal expansion error in one of the ship’s tanks that had over-reported volume.
Our corrected measurement and certified report were accepted by both parties, resolving the dispute immediately and establishing BQCIS as an approved inspection partner for subsequent trades.