Petrasco Energy Logistics retains AEO status in the UK
A north-east logistics expert has cemented its position among the UK’s leading providers after successfully retaining Authorised Economic Operator (AEO) status.
With headquarters in Aberdeen, Petrasco Energy Logistics specialises in international logistics solutions for the energy industry, ranging from air, sea and road freight services to customs compliance and warehousing and distribution.
AEO is an internationally recognised quality mark, awarded by HM Revenue & Customs (HMRC), and its award underlines Petrasco’s commitment to compliance, reliability and the highest standards of supply chain security.
The company, which celebrated its 50th anniversary in 2024, has held the accreditation – widely regarded as the pinnacle of compliance for customs controls and procedures – since 2014. Petrasco was one of the first UK-based freight agents to obtain AEO status and has continued to pass rigorous assessments set by HMRC as well as meeting ongoing assessments.
Kevin Buchan, managing director of Petrasco Energy Logistics, commented: “Retaining our AEO status reflects the hard work and dedication of our team as well as our ongoing commitment to providing clients with the highest level of competency. I’m extremely proud of what we have achieved together, while demonstrating a clear drive for continuous improvement and innovation.
“To maintain the demands of this accreditation for more than a decade demonstrates our commitment to business excellence and supporting our clients’ operations, particularly when it comes to customs consultancy. In an industry where reliability, speed and compliance are critical, this status gives our customers an extra layer of confidence that they are working with a trusted logistics partner.”
Petrasco continues to support clients across the energy sector and beyond with bespoke logistics solutions, while retaining AEO status reinforces the company’s ability to deliver supply chain excellence in an increasingly complex global trading environment.
Whilst not mandatory, possessing AEO status can give companies quicker access to certain customs procedures and the ability to ‘fast-track’ selected shipments. This can save time and money as well as providing a competitive advantage in demonstrating that a company’s role in the international supply chain is secure, efficient and compliant.
AEO status offers tangible benefits to clients who choose to work with Petrasco, including:
- Trusted and secure partner: AEO accreditation is a mark of quality and reliability, providing peace of mind that shipments are handled with integrity and in line with international customs standards.
- Faster customs clearance: AEO holders benefit from simplified customs procedures, reducing delays at borders and helping to keep projects on schedule.
- Lower risk of inspections: With recognised compliance and security standards, AEO shipments face fewer checks, saving time and avoiding unnecessary disruption.
- Global recognition: AEO status is recognised internationally, ensuring Petrasco clients gain advantages not only within the UK but across global supply chains.
- Confidence and compliance: Clients can be assured that Petrasco’s processes, people and systems meet rigorous government standards, reducing risk and increasing efficiency.
With operations in the major energy hubs of Aberdeen, Dubai and Houston, Petrasco’s strength lies in its local, on-the-spot decision making and reputation as a trusted expert for specialised logistics solutions for the global energy industry.
The past 50 years have seen Petrasco evolve from a solely Aberdeen-focused company to one with international reach, which makes it ideally placed to provide expert knowledge on emerging markets and trends through its network of strategic partners.
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