AI FOR PHYSICAL COMMODITIES
The spreadsheet was never built for LNG trading.
X-LNG is the AI that runs your whole book: schedule, hedges and P&L, re-planned the moment the market moves.
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SECTION 02 · HOW A SCHEDULE CHANGES
Start with the existing vessel schedule.Update prices and recalculate the plan.Compare the revised schedule and profit.
Five vessels carry the planned cargoes. This example starts with $512M in projected portfolio profit.X-LNG checks routes, vessel speeds and hedges against the new prices, delivery dates and vessel availability.The revised plan shows $567M in projected profit, $55M more than the starting plan. Review the changes before using them.
PROJECTED PROFIT · EXAMPLE
$512.0M
HULL A
HULL B
HULL C
HULL D
HULL E
EXPOSURE
▯ UNHEDGED · ▮ HEDGED 82%
Illustrative schedule and figures.
From portfolio data to a delivery plan.
SECTION 03
X-LNG combines your contracts, vessels, prices and operating constraints in one model. It calculates a schedule and shows how changes affect profit and exposure.
WHAT GOES IN ↓→
VESSELS & CHARTERSVESSEL POSITIONSCARGOES & TRADESCONTRACT FLEXIBILITYFORWARD PRICESTERMINALS & CANALSX-LNG PORTFOLIO MODEL
CONTRACTS · VESSELS · PRICES · CONSTRAINTS
ILLUSTRATION OF THE PLANNING PROCESS
↓→ WHAT COMES OUT
SCHEDULE
Routes & dates
Cargo assignments, sailing speeds and delivery dates.
TRADING ANALYSIS
Compare options
Destinations, tender prices, cancellations and charters.
RISK
Exposure & risk
Portfolio value and losses under different scenarios.
CHANGE AN INPUT, RECALCULATE, THEN COMPARE THE PLANS
NEO · GENERATIVE AI AGENT
Give NEO a task. It works through the steps.
NEO is your generative AI agent. Delegate portfolio analysis, scenario changes and reporting in X-LNG, X-ADP and X-Origination.
Explore NEO →EXAMPLE TASK · YOU ASK
“Test a later loading window for this cargo and tell me what changes.”
WHAT NEO DOES
NEO creates a working copy, changes the window and runs the X-LNG calculation. It compares profit, costs and vessel use with the original schedule.
Actions follow your permissions and selected approval mode.
SECTION 04 · WORKFLOWS
The work each team can do.
TAP A CARD FOR THE FULL SHEET
Trading.
01 / 04
Compare a trade with your current plan.
A diversion changes the sale price, shipping costs and vessel availability. X-LNG includes the effect on later deliveries when comparing the options.
Compare the profit of alternative destinations.
Calculate a tender price that covers the cargo and shipping it requires.
Compare a cancellation fee with lifting and delivering the cargo.
Review how each option changes price exposure.
01
Have updated prices changed the best route?
Compare routes using the new price curves.
+$3.1M
02
Can we take an additional cargo?
Check vessel availability and the revised plan.
HULL C · +$1.8M
03
What price should we offer in a tender?
Include shipping and any replacement supply.
COMPARE PRICES
04
Does lifting cost less than cancelling?
Compare the fee with the delivery alternatives.
LIFT · +$0.8M
Compare the profit and exposure of each option before you choose.
Operations.
02 / 04
Update the schedule when dates or vessels change.
A missed canal slot or a changed delivery window can affect several voyages. Recalculate around confirmed commitments and compare the new plan with the previous version.
Assign cargoes to vessels and check delivery windows.
Compare routes, sailing speeds and idle periods.
Keep agreed voyages fixed when recalculating.
Review the costs and profit of each plan version.
HULL A
HULL B
HULL C
HULL D
HULL E
Origination.
03 / 04
Calculate what a contract adds to your portfolio.
Compare the portfolio with and without the proposed terms. Use forward prices and simulated price paths to value the difference.
Value destination rights and volume flexibility separately.
Compare value at forward prices with value across simulated prices.
Include the vessels and capacity the new contract would use.
Recalculate the proposal when the terms change.
Destination clause
+$0.0M
Volume tolerance ±10%
+$0.0M
Indexation choice, TTF vs JKM
+$0.0M
MODELLED PORTFOLIO VALUE
CONTRACT ON ITS OWN
+$0.0M / YR
ADDED PORTFOLIO PROFIT
+$0.0M / YR
Chartering.
04 / 04
Check whether another vessel pays for itself.
Compare the portfolio with and without the offered vessel. Include charter hire, voyage costs and the deliveries it enables.
Calculate the additional profit after charter and voyage costs.
Find the maximum hire rate supported by the modelled portfolio.
Compare a sub-charter, an extra cargo and retaining an idle vessel.
Test different fleet sizes and charter periods.
174,000 CBM · ME-GI 2-STROKE · BOR 0.085%/DAY · 19.5 KN · DEL. JAN, GATE
TAKE THE CHARTER
+$0.0M
additional Q1 profit
Adds capacity for the March programme and releases Hull C for another cargo.
STAY SPOT
+$0.0M
additional Q1 profit
Uses spot charters for the planned deliveries, with less capacity for additional cargoes.
How we set up your portfolio.
SECTION 05
We agree the scope, import the required data and check the model with your team. The setup depends on the workflow and data connections you need.
STEP 1
Prepare the data
Provide contracts, vessel details, terminal restrictions and price curves for the agreed analysis.
STEP 2
Check the model
Review the imported portfolio and assumptions. Confirm that the model reflects your operating constraints.
STEP 3
Compare schedules
Run your existing plan and an optimised plan with the same inputs. Review the costs and profit.
STEP 4
Set up daily use
Agree the data updates, user access and support needed for the desk’s workflow.
“The first tech company that understands and speaks our language as LNG operators. Great work, great product, great team. Crucial for our daily scheduling and optimisation.”
LNG SHIPPING MANAGER · EUROPEAN ENERGY MAJOR
Who uses Calypso.
SECTION 06
Trading, shipping and quantitative teams use Calypso to plan deliveries and assess portfolio decisions.
ENERGY MAJORS & UTILITIES
Portfolio analysis, cargo scheduling and contract valuation.
Connect the analysis with the data and processes used by the desk.
LNG PRODUCERS
Delivery-programme comparisons and fleet planning.
Compare delivery windows before agreeing dates, then plan the voyages to fulfil them.
TRADING HOUSES & FUNDS
Netback calculations, portfolio models and scenario analysis.
Assess proposed trades and risk using the relevant portfolio data.
CLIENTS ON FOUR CONTINENTS
LNG case studies.
SECTION 07
Read the portfolio assumptions, calculations and results behind our published studies.
See how X-LNG models a portfolio.
New case studies by email.
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