Aramco Financial Services Company
Encyclopedia
Aramco Financial Services Company (AFSC) is a wholly owned subsidiary of Saudi Refining, Inc., and ultimately of Aramco Services Company.

AFSC serves as the financial guarantor for the Certificates of Financial Responsibility issued by the Coast Guard
Coast guard
A coast guard or coastguard is a national organization responsible for various services at sea. However the term implies widely different responsibilities in different countries, from being a heavily armed military force with customs and security duties to being a volunteer organization tasked with...

 to the tanker fleet owned and operated by Vela International Marine
Vela International Marine
Vela International Marine Limited is a Saudi Aramco-owned company headquartered on the 7th floor of City Tower 2 in Dubai, United Arab Emirates. Vela, established in 1984, currently owns 29 oil tankers most of which are Very Large Crude Carriers...

, Ltd. This service guarantees the financial liability obligations of the Vela fleet under U.S. federal pollution regulations, and ensures the ability of Vela-owned tankers to deliver crude
Crude
Crude can refer to:* Petroleum in its unprocessed form , including:** Brent crude oil** Heavy crude oil** Light crude oil** Sweet crude oil*** Pennsylvania Grade Crude Oil, a type of sweet crude** Synthetic crude oil**Crude jokes...

 shipments to U.S. ports.
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