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GOVERNANCE & COMPLIANCE

STRUCTURE

South American Logistics Terminals is a private company founded in 2014.
South American Logistics Terminals is owned by a significant proportion of its employees, providing a diverse and stable shareholder base which gives the company a long-term outlook and a considered approach to risk.

MISSION STATEMENT

Our mission is to provide our clients with unparalleled storage solutions that ensure the safety, quality, and integrity of their valuable resources. We are committed to innovation, operational excellence, and sustainability, making us a trusted partner in the oil storage industry.

OUR CORE VALUES

Integrity:  Promote integrity, fairness and honesty in all our business relationships


Respect:  Respect the well-being of all internal and external stakeholders


Excellence:  Strive for excellence in everything we do


Equal Opportunity:  Employ and reward individuals based exclusively on their merit and competence


Value Delivery:  Deliver value to all our stakeholders

Corporate Governance StatemenT

South American Logistics Terminals is committed to maintaining globally high standards of business integrity and ethics, while adopting international best practice principles to ensure transparency in its reporting and fairness in its commercial activities.

Compliance Statement

South American Logistics Terminals complies with all statutory government laws, rules and regulations applicable to South American Logistics Terminals’s business and the jurisdictions in which it operates. Where local law is less stringent than South American Logistics Terminals’s Code of Conduct, the latter is followed.

Anti-Bribery and Corruption

South American Logistics Terminals has a zero-tolerance policy towards bribery and corruption and does not permit any of its employees, senior managers and/or directors to engage in acts of bribery or corruption. South American Logistics Terminals expects the same level of compliance from any third parties associated with the company.

Anti-Money Laundering

South American Logistics Terminals LLC does not support nor facilitate money laundering in any form. South American Logistics Terminals will comply with all anti-money laundering regulations applicable in each of the jurisdictions in which it operates.

Sanctions

South American Logistics Terminals will not conduct business dealings with any individual or entity in breach of sanctions. To ensure that we comply with all applicable sanctions laws and regulations, South American Logistics Terminals monitors relevant sanctions mentioned on applicable Advisory Notices and Guidance.

Customer Due Diligence

Before engaging or conducting any business with third parties, South American Logistics Terminals conducts reasonable and appropriate risk based due diligence to satisfy Sanctions requirements and also to avoid time wasters, importsors and scammers.

Gifts and Business Entertainment

South American Logistics Terminals employees are expressly prohibited from giving/receiving gifts that act as a bribe, kickback or facilitation payment. South American Logistics Terminals employees may never ask for gifts, gratuities or other items that benefit them personally.

Conflicts of Interest

An employee shall not use his position with South American Logistics Terminals to gain advantage for his/her self or for others or use his/her influence to facilitate someone to obtain a benefit or preferential treatment.