Mar. 15 at 11:35 PM
$BANL $TMDE $IOTR $DLXY
New research update in the SWICH series exploring the potential maritime energy platform convergence. Earlier articles examined a possible CBL International + iO3 + TMD Energy alignment — combining marine fuel logistics, vessel operations, and digital monitoring / compliance infrastructure
The latest analysis adds Delixy Holdings (DLXY) to the framework. DLXY operates as a fuel trading intermediary, sourcing and financing fuel flows across Asia and the Middle East. If included, the structure becomes a 4-layer platform covering the entire marine fuel chain.
The Strait of Hormuz disruption discussed in the previous article could potentially accelerate that dynamic. If a platform like this were operating today, it could benefit from:
• wider bunker spreads
• rerouted fuel supply flows
• increased demand for sourcing flexibility
• stronger reliance on logistics intermediaries
Full analysis in Article 16. https://img1.wsimg.com/blobby/go/1fe6a4f8-bf3a-487a-b0ae-9689f11e6062/Article%2016%20-%20The%20Missing%20Link%20(15-MAR-26).pdf
