Commodities
Energy and food commodities trading. The group buys, moves and sells physical commodities, on its own account and for counterparties.
What we trade
The commodities domain trades the physical goods that the group's other domains of activity finance, carry and deliver.
- Energy
- Physical trading of fuels and energy inputs, with freight, storage and finance arranged inside the group.
- Food
- Grains, soft commodities and food inputs: origination from producers, logistics and sale to processors and buyers.
Who we work with
- Producers
- who want a buyer able to finance, lift and move the cargo.
- Processors and industrial buyers
- who need supply delivered on a schedule, not only a price.
- Trading partners
- looking for a counterparty with its own tonnage and logistics.
- Investors
- seeking exposure to physical commodity flows through an operator.
Producers gain a buyer that can arrange pre-export and prepayment finance against future deliveries, and buyers gain supply backed by the group's own tonnage and logistics.
For energy and food cargoes, the trade finance desk arranges structures such as warehouse finance, with stock held by a collateral manager as security, and revolving facilities drawn and repaid cargo by cargo. Know your counterparty applies to every trade before the group commits capital or tonnage.
How a cargo moves through the group
Finance
The trade finance desk structures the facility and the letter of credit.
Carry
The maritime domain provides the tonnage and runs the cargo operation.
Deliver
Logistics takes the cargo from the discharge port to the buyer.
Related domains of activity
Trade Finance
- Lending facilities
- Letters of credit
- Export factoring
- Forfaiting
- Export credits
- Insurance and guarantees
- EXIM banks & RMA correspondent banking network
Maritime
- International shipping
- Cargo operations
- Shipyards ownership & management
Logistics & Distribution
- Air freight
- Ocean freight
- Rail freight
- Road freight
- Distribution
Capital
- Fund of funds
- Investment banking and venture capital
- Merchant banking
- Sovereign bond issuance
- EU funding
- World Bank teams (past work)