Building on SpaceOne’s origins trading crude oil, we began trading in refined petroleum products, including gasoil, fuel oil, gasoline, naphtha and LPG. SpaceOne then further expanded into natural gas, liquefied natural gas (LNG), biofuels, power and carbon emissions. SpaceOne’s proven trading model and relationships in the finance sector have enabled our continued and successful expansion.
Refined Products & Energy
As SpaceOne has expanded globally, we have also broadened our trading portfolio into new commodities.
As SpaceOne has expanded globally, we have also broadened our trading portfolio into new commodities.
Refined Products & Energy
Power & Emissions
SpaceOne has been actively involved in environmental markets since 2009, mainly through its participation in Clean Development Mechanism (Kyoto Protocol) projects under the supervision of the United Nations, as well as in the European Emissions Trading Scheme (EU ETS), which is considered a cornerstone of the EU’s policy to combat climate change and for reducing greenhouse gas emissions.
As a part of its function, SpaceOne’s Emission’s team manages and optimizes the CO2 exposure of the company’s three European refineries. The team draws on its deep understanding of environmental regulations to propose carbon hedging and pricing solutions to industrial counterparts.
As a part of its function, SpaceOne’s Emission’s team manages and optimizes the CO2 exposure of the company’s three European refineries. The team draws on its deep understanding of environmental regulations to propose carbon hedging and pricing solutions to industrial counterparts.
Biofuels
SpaceOne’s Biofuel trading desk is active in the entire supply chain of carbon reduction in the fuel sector, including risk management and logistics.
On a global basis, SpaceOne sources a variety of feedstocks for the biofuel industry, such as vegetable oil, waste residues, and by-products, and then processes them in our own facilities to produce low CO2-emitting biofuels. SpaceOne operates several blending facilities in Asia, the United States and throughout Europe, where we prepare biofuels for end consumers across the world.
SpaceOne also trades CO2 tickets to complement the CO2 reduction strategy of the company.
On a global basis, SpaceOne sources a variety of feedstocks for the biofuel industry, such as vegetable oil, waste residues, and by-products, and then processes them in our own facilities to produce low CO2-emitting biofuels. SpaceOne operates several blending facilities in Asia, the United States and throughout Europe, where we prepare biofuels for end consumers across the world.
SpaceOne also trades CO2 tickets to complement the CO2 reduction strategy of the company.
Heavy Fuel & Feedstocks
With access to and ownership of storage and blending equipment in hubs around the world, SpaceOne is able to respond quickly to all kinds of demand for low and high sulphur bunker, as well as for heavy fuel for power generation from 0.3% to 3.5% of sulphur content.
Middle Distillates
Middle distillate trading represents a central aspect of SpaceOne’s trading portfolio. SpaceOne trades a full range of middle distillates, including heating oil, diesel and jet.
Gasoline
SpaceOne’s blending, storage and logistics capabilities enable us to take advantage of arbitrages that arise from often-significant price differentials that exist between or even within various countries.
Naphtha
SpaceOne is one of the leading naphtha traders worldwide. Our secured access to storage capacity in the main ports in which we source volumes provides a significant advantage in terms of flexibility.
LPG
The LPG desk, which started physical trading in 2009, sources and supplies globally. SpaceOne’s access to terminals and storage in strategic locations enables it to operate efficiently across the U.S., Europe, the Middle East and Asia.
Bitumen & Base Oil
As a global asphalt/bitumen trader, SpaceOne maintains a dedicated fleet of bitumen vessels comprising of various DWT, enabling the company to supply customers bituminous binders and asphalts, such as penetration graded bitumen/asphalt, viscosity graded bitumen, polymer modified bitumen (PMB)/polymer modified asphalt (PMA), and bitumen emulsions/asphalt emulsions. SpaceOne is also active in the international trade of base oil and the based blender of lubricants.