Terms of Use

These Terms of Use ("Terms") govern your access to and use of the website at www.55north.ae (the "Website"), operated by 55 North FZCO, a free zone company incorporated in the Dubai Multi Commodities Centre (DMCC), United Arab Emirates ("55°North", "we", "us", or "our").

By accessing or using the Website, you confirm that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must not access or use the Website.

1. Nature of the Website

The Website is provided for general informational purposes only. It describes the services offered by 55°North in connection with marine fuel procurement and supply coordination. The Website does not constitute an offer to provide services, an offer to sell or purchase any commodity, or a solicitation of any commercial transaction. All commercial engagements with 55°North are subject to separate written agreements and our General Terms and Conditions.

Nothing on this Website constitutes investment advice, financial advice, commodity trading advice, or a recommendation to enter into any transaction. Market information, commentary, and pricing references provided on this Website are for general informational purposes only and should not be relied upon as the basis for any commercial, investment, or operational decision.

2. Permitted Use

You may access and use the Website for lawful purposes only, in accordance with these Terms. You agree not to:

• Use the Website in any manner that violates applicable law or regulation, including laws relating to data protection, intellectual property, or export controls.
• Attempt to gain unauthorised access to any part of the Website, its underlying systems, or any connected networks or databases.
• Introduce any virus, malware, or other harmful code into the Website or its infrastructure.
• Use automated tools, bots, or scrapers to extract content from the Website without our prior written consent.
• Reproduce, distribute, republish, or create derivative works from any content on the Website without prior written permission from 55°North.
• Use the Website to transmit unsolicited commercial communications or to impersonate any person or entity.
• Engage in any conduct that could damage, disable, overburden, or impair the Website or interfere with any other party's use of the Website.

3. Intellectual Property

All content on the Website, including but not limited to text, graphics, logos, icons, images, data compilations, and software, is the property of 55°North or its licensors and is protected by applicable intellectual property laws, including copyright, trademark, and database rights.

You are granted a limited, non-exclusive, non-transferable licence to access and view the Website content for your own personal or internal business purposes. This licence does not permit you to download, copy, reproduce, distribute, transmit, broadcast, display, sell, license, or otherwise exploit any content for any other purpose without the prior written consent of 55°North.

The 55°North name, logo, and related marks are trademarks of 55 North FZCO. You may not use these marks without our prior written permission.

4. Accuracy and Currency of Information

While we endeavour to ensure that information on the Website is accurate and current, we make no representations or warranties, express or implied, as to the accuracy, completeness, reliability, or timeliness of any information on the Website. The marine fuel market is subject to rapid change, and any market information or commentary on the Website may not reflect current conditions.

We reserve the right to update, correct, or remove any information on the Website at any time without notice. You should not rely on the Website as the sole basis for any commercial or operational decision.

5. No Commercial Commitment

The display of services, capabilities, or market coverage on the Website does not constitute a commitment by 55°North to provide any specific service, supply any specific fuel grade, or execute any transaction at any particular price or on any particular terms. All commercial commitments are subject to counterparty onboarding, credit approval, and the execution of a written agreement or nomination confirmation.

6. Third-Party Links and Content

The Website may contain links to third-party websites, publications, or resources. These links are provided for convenience and informational purposes only. 55°North does not endorse, control, or accept any responsibility for the content, accuracy, or availability of any linked third-party website or resource. Accessing any linked website is at your own risk, and you should review the terms and privacy policies of any third-party website you visit.

7. Disclaimer of Warranties

The Website is provided on an "as is" and "as available" basis without any warranty of any kind, express or implied. To the fullest extent permitted by applicable law, 55°North disclaims all warranties, including implied warranties of merchantability, fitness for a particular purpose, non-infringement, and uninterrupted or error-free operation.

We do not warrant that the Website will be available at all times, free from errors or viruses, or that defects will be corrected. We reserve the right to suspend or discontinue the Website at any time without notice.

8. Limitation of Liability

To the fullest extent permitted by applicable law, 55°North and its directors, officers, employees, and agents shall not be liable for any direct, indirect, incidental, consequential, special, or punitive loss or damage arising out of or in connection with your access to or use of the Website, including but not limited to loss of profit, loss of data, loss of business opportunity, or damage to reputation, whether arising in contract, tort (including negligence), or otherwise, even if advised of the possibility of such loss or damage.

Nothing in these Terms limits or excludes liability for fraud, wilful misconduct, or any liability that cannot be excluded by applicable law.

9. Indemnification

You agree to indemnify, defend, and hold harmless 55°North and its directors, officers, employees, and agents from and against any claims, liabilities, damages, losses, costs, and expenses (including reasonable legal fees) arising out of or in connection with: (a) your use of the Website in breach of these Terms; (b) your violation of any applicable law or regulation; or (c) any content you submit through the Website.

10. Privacy

Your use of the Website is also governed by our Privacy Policy, which is incorporated into these Terms by reference. By using the Website, you consent to the collection and use of your personal data as described in the Privacy Policy.

11. Governing Law and Jurisdiction

These Terms and any dispute arising out of or in connection with your use of the Website shall be governed by and construed in accordance with the laws of the Dubai International Financial Centre (DIFC), United Arab Emirates. You irrevocably submit to the exclusive jurisdiction of the DIFC Courts for the resolution of any such dispute, provided that 55°North reserves the right to seek injunctive or other interim relief in any competent jurisdiction.

12. Changes to These Terms

We may update these Terms at any time. The current version will always be available on this page, with the effective date updated accordingly. Continued use of the Website following publication of updated Terms constitutes your acceptance of those Terms. We encourage you to review these Terms periodically.

13. Severability

If any provision of these Terms is found to be invalid, unlawful, or unenforceable by a court of competent jurisdiction, that provision shall be severed from the remaining Terms, which shall continue in full force and effect.

14. Contact

Queries relating to these Terms of Use should be directed to:

55 North FZCO
Email: [email protected]
Unit No. 4567, DMCC Business Centre
Level 1, Jewellery & Gemplex 3
Dubai, United Arab Emirates