Hellespont House combines an independent proprietary trading business with a financial risk-management service for shipowners and operators. The service will initially operate as an ‘external oil desk’, with the longer-term objective of addressing financially linked volatility across a client’s operating book (i.e. freight and EUAs).

In essence, we are fortifying the client’s books by shifting their market risk to our books to stabilize their future cash-flow projections.

HH charges a management fee for managing a client’s risk exposure, while additionally charging a performance fee on individual volumes traded for profit.

HH’s proprietary trading side would be independent and segregated from the service side.