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Live quotes · indicative prototype feedNo orders this session. Fill the ticket on the right and execute.
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Per leg · physical vs paper, realised vs unrealisedPhysical length only. The mandate permits hedging of physical positions and no directional book, so an unhedged line — ammonia here — is a limit question rather than a view.
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Primary market, own tendersA single conforming bid on an LNG cargo, and a re-offer at a worse level than the tender it replaced. Both feed the pressure screen rather than closing quietly.
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Nothing loads without a sovereign release{{ t.h_secondary }}
Declared destination against vessel movementTwo cargoes diverge from their declared discharge port and one has been resold twice before discharge. Each divergence opens a case against the contract’s destination clause rather than appearing in a quarterly report.
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Patterns, not data pointsThe grade lost 0.27 against dated Brent in three weeks while a comparable light sweet held flat. No freight or quality event is on record for the same window, and the offers driving it came from entities under two ultimate parents.
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Cap {{ capLabel }} per ultimate parentShares aggregate crude, condensate, piped gas, LNG, LPG, refined cuts and fertilizer to the ultimate parent. The vertical rule is the cap set by the shareholder.
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Realised against target weightThe rule on each bar is the target weight in the mandate. Dollar settlement runs sixteen points above target and both diversification currencies run short — the variance the shareholder sees quarterly.
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Append onlyNo entries yet. Submit an award for release on the allocation screen.
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Quality passport per lot · independent inspection{{ qcSel.product }}
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Open freight 128.4 mt · Risk LOWEvery lifting the desk sells carries its logistics leg here from nomination to discharge. A delay or customs hold surfaces before it becomes a demurrage claim, and discharge against a divergent port feeds the secondary-market screen automatically.
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Leg by leg · USD thousands unless statedPhysical legs mark against the published assessment for the grade; paper legs mark against the screen. Realised P&L books on discharge for physical and on close-out for paper — the basis line is what the hedge actually left on the table.
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Every live cargo · trends last 30 days{{ t.h_cockpit }}
One cargo · every dimension linked{{ t.h_spv }}
One SPV per cargo · payment isolationEach cargo settles through its own single-purpose vehicle: buyer funds land in the SPV's escrow account, quality certification and conforming documents unlock release, and the vehicle is closed on completion. A dispute on one cargo never touches another.
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Demand sentiment and desk-wide state · indicative{{ t.h_procure }}
Freight, inspection and port services · desk operating spendDesk operating spend only — freight charters, inspection programmes, agency and insurance. Anything above the delegated threshold routes through the same sovereign-release workflow as a cargo award.