The energy transition is a trade, and we intend to be early to it.
Carbon solutions, hydrogen and ammonia, renewable fuels, solar and wind. Some of it moves in real volume today. Some is still emerging. We are building the desk, the counterparties, and the logistics to trade all of it as the market matures, and we will be honest about which is which.
A book we are building deliberately, not overnight.
We will not pretend the low-carbon slate is finished. Parts of it are already liquid: ammonia and biodiesel move in real tonnes now, on ordinary commercial terms. Parts are still forming, including hydrogen at scale, verified carbon markets, and long-dated renewable offtake.
Our approach is simple to state. Trade what is real today, and build the desk and the relationships for what is coming, so that when the volumes arrive we are already in the room rather than late to it.
Measure the carbon on a cargo, then do something about it.
The first step is knowing the number. We work to measure the emissions tied to a shipment, then offer lower-carbon grades where they exist and connect trades to capture and offset projects. Where an offset cannot be verified against a standard we trust, we would rather say so than sell a story.
- Emissions accounting on cargoesWe estimate the carbon carried by a shipment so a buyer can see it before signing, not after.
- CCUS-linked supplyBarrels and molecules tied to capture, utilisation, and storage projects as they come online.
- Verified offsets where credibleOffsets sourced only against standards we can stand behind, never volume for its own sake.
Ammonia for today, and a way to move hydrogen tomorrow.
Ammonia already moves in millions of tonnes a year for fertiliser and industry, and we trade it on those terms now. The longer game is ammonia as a clean fuel, and as a carrier that lets hydrogen cross oceans without a pipeline. We are learning the handling, the ships, and the counterparties for both, step by step.
- Anhydrous ammonia supplyCargoes for fertiliser and industrial buyers, priced and delivered on conventional terms today.
- Hydrogen-carrier logisticsAmmonia and related carriers positioned to move hydrogen between regions as demand builds.
- Cryogenic and pressurised handlingWorking with partners who handle these molecules to the safety standard each cargo demands.
Drop-in fuels, delivered alongside the conventional slate.
Biodiesel, HVO, and sustainable aviation fuel go into engines and aircraft that already exist, which is why they matter now rather than later. We blend and deliver them next to the diesel and jet we already trade, so a buyer can shift part of a barrel toward lower carbon without rebuilding a supply chain to do it.
- Biodiesel and HVOBlend components and finished grades for road, marine, and industrial use.
- Sustainable aviation fuelSAF sourced and delivered for buyers with a mandate or a carbon target to meet.
- Drop-in blendingRenewable volumes blended to spec against the conventional slate, load by load.
Power off the panel and the turbine, tied back to the desk.
We are taking interests and offtake in solar and wind generation, and in the electricity that comes off them, then connecting that power back to a trading desk that already knows how to move energy. The generation is long-dated. The discipline of pricing and placing energy around it is not new to us.
- Solar and wind offtakePositions in generation and the power it produces, held with a trader's view of value.
- Renewable power to marketElectrons routed to buyers and grids through relationships built for physical energy.
- Long-term supply relationshipsOfftake structured over years, matched to buyers who need certainty of supply.
If the transition is a trade, let us take it together.
Tell us what you need to move, conventional or low-carbon, and we will tell you honestly what we can do today and what we are building for next.