What We Trade
Our book blends high velocity liquid arbitrage with structurally constrained hard assets, so margin holds across the cycle rather than tracking a single curve.
Crude oil, natural gas in pipeline and LNG form, and battery grade lithium. The cargo that keeps industry running and the inputs the energy transition is built on.
Trade thisGold and silver as sovereign and institutional store of value, alongside the copper and titanium that advanced manufacturing and aerospace depend on.
Trade thisBulk sugar, refined grains and specialized protein trade. Corridors protected by cold chain and veterinary certification that generalist desks are not set up to clear.
Trade thisPurpose grown biomass converted to bio oil and delivered into refinery co processing, giving refiners a low carbon intensity feed without a greenfield biorefinery.
Trade thisCopper, structural steel, aggregate and fuel delivered into AI campuses, financed through the long-lead period and staged to the construction schedule. Digital infrastructure is the newest corridor on the book.
Proprietary position
Refiners face a structural shortage of compliant low carbon feed. Purpose grown biomass converted locally into bio oil and blended into existing refinery units reaches that market without the cost of a dedicated biorefinery.
Conversion happens close to the field, which takes the cost out of moving raw biomass and delivers a feed the refinery can already process. We develop this corridor alongside Agernomics Biotech, a non food energy grass and bio oil company co founded by our managing partner.
Exclusive aggregation rights over high yielding non food energy crops, sited for yield per hectare and for proximity to conversion.
Modular fast pyrolysis units turn raw biomass into energy dense bio oil near the point of harvest, alongside bio char and syngas co products.
Bio oil is delivered into conventional refineries and co processed with fossil crude in existing distillation and hydrotreating units.
Provenance, carbon intensity and mass balance accounting are tracked end to end for ICAO, CORSIA, EU RED and EPA reporting.
Physical trading has always rewarded information. What changed is that the information is now purchasable, and the legacy merchants are not the only ones who can read it.
Route disruption, canal bottlenecks and a shifting energy transition reward agile, dynamic sourcing over fixed logistics relationships.
Real time visibility into vessel movement, storage levels and crop yield is now commercially available data rather than a moat held by the majors.
Demand for sustainable aviation fuel and specialized agricultural feedstocks is growing fastest inside markets with no legacy price transparency.
Two books, run off the same intelligence layer.
Sourcing, transporting, blending and delivering physical cargoes across regional and international markets, where the margin sits in clearing a corridor others cannot.
Long term supply agreements and risk managed delivery schedules structured for industrial manufacturers, energy producers and agricultural processors.
