Formed in 2020, TFG Marine is a marine fuels supply and procurement joint venture, between physical commodity trading company Trafigura Group Pte and ship owning companies Frontline Ltd and Golden Ocean Group Ltd. The joint venture brings together three companies that are market-leaders in their respective fields, each with solid credentials and complementary strengths in global commodity trading and shipping.
The combined marine fuel demand from Trafigura, Frontline and Golden Ocean, covering a fleet of some 700 owned and chartered vessels, provides economies of scale, and lays the foundation for TFG Marine to become one of the world’s largest fuel procurement and supply alliances, generating substantial demand in key bunkering hub ports globally.
TFG Marine is rapidly scaling its global footprint. It currently has arrangements in place covering bunkering operations in North-west Europe, Singapore, South and West Africa, the Caribbean and the Americas, with plans underway to shortly announce further developments in the Middle East and Asia.