129Knots

Singapore gave our business its name. Our first scale-up year gave that name a milestone. We named 129Knots after Singapore’s latitude, 1.29°, and have now facilitated US$129 million in financing for marine fuel trade. I didn’t expect the numbers to take our name so seriously ;) Behind that coincidence lies the confidence of our funding partners, who believed in this industry’s potential and backed that belief by supporting real trade. Thanks to our suppliers and their customers for trusting us with their business, and to Mahesh Kumar and the team for turning an idea we believed in into something industry use. Thank you, Manifold Times, for sharing our story. We are keeping the name, but we are not stopping at the number. https://lnkd.in/gjAm3QME

From Singapore’s 1.29° latitude to USD 129 million in financing facilitated. This milestone has our name written all over it! The 129 in 129Knots draws from Singapore’s latitude, a nod to our home and headquarters. Today, it marks another proud chapter in that journey. In only ten months, we facilitated USD 129,256,223, through our Trade Credit Support Programme, helping marine fuel suppliers and their customers access working capital to keep trade moving. As our Co-Founder and CEO, Mahesh Kumar puts it, "The number makes us smile. The business behind it makes us proud." Every transaction represents trust in our platform and progress towards a more liquid marine fuel industry. Read the full story here: https://lnkd.in/gP9MVdBz

From Singapore’s 1.29° latitude to USD 129 million in financing facilitated. This milestone has our name written all over it! The 129 in 129Knots draws from Singapore’s latitude, a nod to our home and headquarters. Today, it marks another proud chapter in that journey. In only ten months, we facilitated USD 129,256,223, through our Trade Credit Support Programme, helping marine fuel suppliers and their customers access working capital to keep trade moving. As our Co-Founder and CEO, Mahesh Kumar puts it, "The number makes us smile. The business behind it makes us proud." Every transaction represents trust in our platform and progress towards a more liquid marine fuel industry. Read the full story on Manifold Times here: https://lnkd.in/gFei3UDN #129Knots #MarineFuel #TradeFinance #Maritime #Singapore #129M

Every voyage creates a trade asset. Discover how 129Knots is connecting maritime trade flows with institutional capital. Meet us at Global ABS Barcelona.

The US$250 billion maritime fuel industry generates trade assets every day. Meet the team behind the world's first Maritime Origination-to-Distribution platform at Global ABS Barcelona.

129Knots has landed in 📍 Barcelona for Global ABS 2026 by FT Live. Over the next three days, Mahesh Kumar and André Casterman will be engaging with market participants to discuss how the US$250 billion+ marine fuel industry is being transformed into an investable asset class. As a platform focused on making maritime trade receivables investable, 129Knots is excited to share how technology, structured finance and institutional capital can unlock new opportunities across global trade. If you are attending Global ABS, drop us a message; we would love to connect and share more! #GlobalABS #129Knots #TradeFinance #PrivateCredit #RealWorldAssets #StructuredFinance #MaritimeTrade #AssetBackedFinance