Core Insights - The company has demonstrated the benefits of its diversified business model over the past six months, achieving several one-year targets outlined in its refreshed strategic framework [1] Group Expansion - The company opened its first office in Cape Town, increasing its global presence to 19 offices across 13 countries [2] - Strong senior hires were made globally, including a new Head of Dry Cargo in Singapore and a Global Head of Tanker Operations [2] - The company is actively identifying and evaluating complementary acquisitions to enhance its operations [2] Security Business Development - The company launched its U.K. Organized Trading Facility (OTF) in May, marking a significant step in strengthening its Security business [3] - Progress is being made on the application for an EU OTF and to operate within the Dubai International Financial Center [3] - The company aims to leverage its established positions in coal, natural gas, and freight derivatives to capitalize on growth opportunities [3]