Company information
- Ticker
- HTCO
- Country
- United States
- Sector
- Industrials
- Industry
- Marine Transportation
High-Trend International Group Business Summary
High-Trend International Group (NASDAQ: HTCO) operates as a global maritime infrastructure and ocean technology firm, primarily generating revenue through voyage-based ocean freight contracts and dry bulk shipping services. The company’s business is bifurcated into two core segments: Ocean Transportation, which manages large-scale logistics for commodities like coal across Asia-Pacific routes, and the CO-Tech (Carbon-Neutral Ocean Technology) division, which focuses on marine decarbonization solutions and carbon-neutral wood desiccation. For the fiscal year ending October 31, 2025, the group reported a 98% revenue surge to $214.4 million, driven by aggressive fleet deployment and the scaling of its maritime carbon asset management platform. HTCO competes directly with mid-tier dry bulk and tanker operators such as Globus Maritime Ltd., C3is Inc., and Pyxis Tankers Inc., positioning itself as a technology-forward alternative that integrates traditional logistics with blockchain-verified carbon reduction data. Leadership is anchored by Chairman Christopher Nixon Cox, a private equity veteran and grandson of former U.S. President Richard Nixon, and CEO Shixuan He, who brings over 15 years of cross-border management experience. The executive suite was significantly bolstered in early 2026 with the appointments of Shahryar Oveissi as Chief Capital Markets Officer, a seasoned investment specialist tasked with driving the group’s 2026–2030 strategic transformation, and CFO Zi Xia, founder of the Aiken International low-carbon industry accelerator. The board further includes notable figures such as Chew Men Leong, the former Chief of Navy for the Republic of Singapore Navy, whose background in global maritime strategy and sovereign capital engagement is central to the company’s expansion into digital shipping finance and green infrastructure.