Frequently Asked
Questions

AM Resourcing Inc. is an global commodity trade and supply company based in Dallas, TX. We connect qualified global buyers with verified suppliers of bulk commodities including Petroleum Coke, Elemental Sulfur, Fertilizers (DAP, Urea, MAP), Portland Cement, Coal, Salt, and other bulk materials. Every transaction is NCNDA-protected, LC-backed, and OFAC-compliant.

The process is straightforward:

• Step 1 — Contact us via the inquiry form or call 516-754-8500
• Step 2 — We send you our NCNDA for signature
• Step 3 — We screen your company and signatory on OFAC, CSL, and BIS lists
• Step 4 — Once cleared, we share full product specs, pricing indications, and available supply
• Step 5 — We negotiate terms and issue a Sales & Purchase Agreement (SPA)
• Step 6 — Your bank issues an Irrevocable LC at Sight; cargo ships; documents presented; funds released

The entire process from first contact to executed SPA typically takes 5–15 business days depending on LC turnaround.

Yes — without exception. AM Resourcing requires a signed Non-Circumvention, Non-Disclosure & Confidentiality Agreement (NCNDA) before any deal details, supplier contacts, pricing indications, or cargo availability are shared with any counterparty. You can download our NCNDA template free on the NCNDA page.

AM Resourcing acts as an independent global commodity trader and deal originator. We do not take title to goods — we facilitate and structure transactions between buyers and sellers, earning a commission on successful trades. All trades are conducted under a fully executed Sales & Purchase Agreement (SPA) between buyer and seller.

We source from multiple origins globally — U.S. Gulf, West Coast, East Coast, Mexico, South America, and beyond. Buyers are responsible for ocean freight to their destination. We actively work with buyers in China (Ningbo-Zhoushan, Qingdao), India (Mundra, Nhava Sheva), Vietnam, South Korea, Bangladesh, Morocco, Brazil, Tunisia, West Africa, Latin America, and the Caribbean.

Our primary product lines:

• Petroleum Coke (Petcoke) — Full grade range — fuel to anode, multiple origins
• Elemental Sulfur — All commercial forms, IFA/FAO compliant, multiple origins
• Fertilizers — DAP, Urea, MAP, Ammonium Nitrate, multiple origins
• Portland Cement — Type I/II, Type III, Masonry, Oil-Well, multiple origins
• Coal — Thermal & Metallurgical, multiple U.S. origins
• Industrial Salt — Chemical & road grade, multiple origins
• Wood Pellets — ISO 17225-2 industrial grade, multiple origins
• Recovered Paper (OCC) — ISRI Grade 11/12, FOB U.S.

If you need a bulk commodity not listed here, contact us — we have broad sourcing capabilities across the U.S. Gulf market.

Our standard petcoke program specs (all subject to end-client approval):

• Grade: Fuel Grade Green Delayed Petroleum Coke
• Grades: Low sulfur, medium sulfur, and high sulfur — full range of fuel-grade and calcined grades
• Industrial Uses: Anode production, steel & aluminum, cement kilns, glass & lime, power generation
• Origin: U.S. Gulf, West Coast, East Coast, Mexico, South America — multiple load port options
• Volume: Wide range — Supramax to Capesize bulk vessel programs
• Primary Destinations: Greater China, India, Southeast Asia, Middle East
• Secondary Destinations: Europe, North Africa, Latin America, and global

Lower sulfur grades available for anode and calcined applications at a price premium. Contact us with your exact requirements.

Minimum volumes depend on the commodity. For petcoke, the minimum practical cargo size is a Handymax or Supramax parcel. For sulfur, minimum is 10,000 MT. For fertilizers and cement, minimum varies by grade — typically 5,000 MT+. Contact us with your specific volume requirement and we will advise on feasibility.

Our primary capability is bulk vessel cargo — full shiploads in Handymax, Supramax, or Panamax vessels. For Portland Cement and Fertilizers, bagged product (50kg bags, 1MT big bags) can be arranged through specific suppliers. Discuss your packaging requirements with us at the inquiry stage.

All cargo is certified by an independent surveyor at load port — a mutually agreed independent surveyor. A Storage Warrant from the terminal operator is required on all transactions. Quality and quantity are certified against the agreed SPA specifications before the vessel is cleared to sail.

AM Resourcing charges a buyer-side origination fee and operates under a fixed seller-side commission cap of USD $3.50/MT on petcoke transactions. Here is how the structure breaks down:

• Seller-side total cap: $3.50/MT — funded from buyer side, covers ALL seller-side brokers
• Typical seller-side split: The $3.50/MT is split among all participating seller-side brokers
• Standard seller-side broker rate: 2% of gross contract value paid by the buyer to all seller-side brokers combined
• AM Resourcing buyer-side margin: Separate from seller-side — not disclosed to sellers
• Proration: Commissions are earned cargo-by-cargo on actual shipped MT — no lump sums, no guarantees on unshipped volume

All seller-side commissions are fully disclosed and deducted from the $3.50/MT cap before SPA execution. No hidden fees.

The standard market fee paid by the buyer to all seller-side brokers combined is 2% of the gross contract value. This is the total pool shared among any seller-side intermediaries (brokers, agents, facilitators) involved in sourcing the cargo. Example:

• Contract: 50,000 MT × $86.50/MT FOB = $4,325,000 gross contract value
• 2% seller-side total: $86,500 split among all seller-side brokers
• If two seller-side brokers: approximately $43,250 each

AM Resourcing's buyer-side compensation is separate and independent of the seller-side pool. Seller-side participants have zero participation in buyer-side economics.

All AM Resourcing transactions require an Irrevocable Letter of Credit at Sight, issued under UCP 600 by a first-class international bank. No open account, no TT/wire advance, no deferred payment terms. The LC must be confirmed and in place before any cargo is released. This protects both buyer and seller and is standard in international bulk commodity trade.

Pricing is negotiated between buyer and seller and benchmarked against published indices — primarily Argus Media and PACE Petroleum Coke Quarterly for petcoke, and Argus FMB for sulfur and fertilizers. Prices are quoted FOB from the applicable origin port and are subject to market conditions at time of negotiation. We do not publish fixed list prices as commodity markets fluctuate daily.

No. AM Resourcing does not charge any upfront fees, registration fees, or retainers. We earn our commission only upon successful completion of a transaction — meaning LC issuance, cargo shipped, documents presented, and funds cleared. If no deal closes, we earn nothing.

Under FOB (Free On Board) terms, the buyer arranges and pays for ocean freight from the load port to destination. AM Resourcing quotes prices FOB from the most competitive available origin. We can assist buyers in identifying reputable vessel brokers and freight forwarders if needed.

An NCNDA (Non-Circumvention, Non-Disclosure & Confidentiality Agreement) is a legally binding contract that protects both parties in a commodity transaction. It prevents either party from bypassing the other to deal directly with contacts or suppliers that were introduced through the business relationship. AM Resourcing requires a signed NCNDA before sharing any deal details, supplier identities, or pricing — no exceptions.

The NCNDA remains in force for 2 years from the Effective Date. Non-circumvention and non-disclosure obligations survive termination for an additional 2-year period — providing up to 4 years of total protection on any introduced contact or deal.

Circumvention is a material breach of the NCNDA. Under our agreement, the breaching party is liable for:

• All profits and commissions earned on the circumvented transaction
• Liquidated damages equal to 3 times the estimated commission or profit on the deal
• All reasonable attorneys' fees and enforcement costs

AM Resourcing enforces its NCNDA agreements. All disputes are resolved under ICC Arbitration in Houston, Texas, governed by the laws of the State of Texas.

Yes. Our NCNDA is valid when executed by electronic or PDF signature — each counterpart is deemed an original and all together constitute one binding instrument. DocuSign, AdobeSign, and scanned wet signatures are all accepted.

No. Signing the NCNDA does not obligate either party to enter into any transaction. It simply creates a confidential and protected framework for discussing potential business opportunities. You are free to walk away from any deal at any stage before signing the SPA.

As a U.S.-based company, AM Resourcing is legally required by U.S. law to screen all counterparties against OFAC sanctions lists before engaging in any transaction. Failure to comply carries civil penalties exceeding $1,000,000 per violation and potential criminal liability. This protects both AM Resourcing and our legitimate buyers.

We screen every counterparty against all three required U.S. government databases:

• OFAC SDN List — sanctionssearch.ofac.treas.gov
• Consolidated Screening List — trade.gov/consolidated-screening-list
• BIS Entity List — bis.doc.gov

We also screen the LC-issuing bank, and where applicable, the vessel and destination terminal. Screens are run at initial onboarding AND again at time of LC issuance.

To complete OFAC screening we need:

• Full legal company name and country of incorporation
• Company registration/incorporation number
• Authorized signatory's full legal name
• Passport copy of the authorized signatory
• End-use declaration for the commodity
• Name of the LC-issuing bank and BIC/SWIFT code

You can also run these checks yourself before contacting us — visit our OFAC Compliance page for direct links to all three screening tools.

Any confirmed positive match on the OFAC SDN List or other restricted party list results in immediate termination of all communications. AM Resourcing is required by U.S. law to report the match to OFAC within 10 business days. No exceptions, no appeals, no workarounds. If you believe a match is a false positive, you must resolve it with OFAC directly before we can engage.

Yes — the majority of our active buyer programs target Asia (China, India, Vietnam, South Korea, Bangladesh) and the Middle East/North Africa. Buyers from these regions are welcome provided they pass OFAC, CSL, and BIS screening and are not on any restricted party list. We work with legitimate buyers from virtually every country — with the exception of comprehensively sanctioned jurisdictions (Iran, North Korea, Cuba, Syria, Russia under current programs).

We source and load from multiple origins across the U.S. and internationally. Load port selection depends on the product, origin, and program — we are not limited to any single region or terminal. U.S. load options include

Beaumont, TX — Sulfur loading — active terminal

Texas City, TX — Cement & fertilizer

Freeport, TX — Sulfur & chemical

Corpus Christi, TX — Bulk dock & petrochemical

Port of South Louisiana — #1 U.S. tonnage port

Port of Baton Rouge — Grain & bulk export

We work with all standard bulk vessel sizes:

• Handymax (25,000–40,000 MT) — Flexible, access to smaller ports
• Supramax (50,000–60,000 MT) — Most common for petcoke and sulfur programs
• Panamax (60,000–80,000 MT) — For high-volume, cost-efficient programs
• Post-Panamax / Capesize — Available for very large volume programs on request

Vessel nomination is coordinated between buyer and seller under the executed SPA. AM Resourcing assists in coordinating vessel approval at the terminal.

Typical timeline: LC issuance → cargo loading: 7–21 days depending on terminal slot availability and vessel position. Ocean transit time to Asia (Ningbo/Qingdao) is approximately 25–35 days. Transit to India (Mundra) is approximately 18–25 days. Total cycle from LC issuance to destination arrival: 35–56 days typical.

AM Resourcing quotes prices on a FOB basis — the buyer is responsible for arranging ocean freight. However, we maintain relationships with vessel brokers and can provide freight rate indications and referrals to reputable freight counterparties upon request. This is a value-added service we offer to qualified buyers.

AM Resourcing responds to all inquiries within 24 hours — typically same business day. For urgent matters, call Matthew Ianniello directly at 516-754-8500.

To get the fastest response, include in your initial message:

• Product you are looking for (e.g. Fuel Grade Petcoke, grade and sulfur content)
• Volume required (MT per month)
• Destination port and country
• Target price or price basis (FOB, CFR)
• Your company name and country of incorporation
• Whether you are a direct buyer, trader, or broker
• Preferred timeline / first laycan

The more detail you provide, the faster we can match you with available supply.

Yes — AM Resourcing works with seller-side brokers and co-brokers on all major programs. To co-broker with us:

• Sign our NCNDA (protects both parties)
• Pass OFAC screening
• Disclose your role and any co-broker chain clearly
• Understand that the total seller-side commission pool is capped at $3.50/MT, with 2% of gross contract value being the standard buyer-paid fee shared among all seller-side brokers
• All seller-side participants must be disclosed before SPA execution

We do not accept undisclosed chains. All intermediaries must be identified and agreed upon before the deal is finalized.

Visit our NCNDA page — the template downloads as a Microsoft Word (.docx) file with AM Resourcing's information pre-filled as Party A. You fill in your details as Party B, sign, and return a copy to us at Matty157@amresourcinginc.com.

• Inquiry form: www.amresourcinginc.com/contact.html
• Email: Matty157@amresourcinginc.com
• Phone/WhatsApp: 516-754-8500

All inquiries are treated as strictly confidential. We respond within 24 hours — typically same business day.