TFG Marine provides competitively priced, premium marine fuels at key hubs along the world's major shipping routes. The group was formed in 2020 as an alliance between Trafigura, a leading global commodities trader, and two of the foremost shipping companies in the world, Frontline and Golden Ocean.
Who we are
TFG Marine is building one of the world's largest physical bunkering procurement and trading platforms, providing competitively priced, premium marine fuels along key shipping routes and bunkering hubs around the world. As part of our mission, we adopt cutting-edge technologies that enhance transparency and spur carbon-reduction in our industry.
Our stakeholders
TFG Marine leverages the strengths of our three founding companies. They are market leaders with solid credentials in their respective fields and complementary strengths in global commodity trading and shipping. Their wealth of experience across the shipping and marine fuel supply markets underpins our approach and enriches our decision-making.
Trafigura, our majority shareholder, is one of the largest physical commodities trading groups in the world. It has a market-leading position in the supply of fuel oil, middle distillates and biofuels, access to a significant network of terminals worldwide and works with a substantial global network of shipowners. In 2020, Trafigura traded 27 million metric tonnes of fuel oil globally.
Frontline is a world leader in the seaborne transportation of crude oil and refined products. Frontline owns and operates one of the largest and most modern fleets in the industry, consisting of very large crude carriers (VLCCs), Suezmax tankers and LR2/Aframax tankers. The company’s 63 vessels have an aggregate carrying capacity of approximately 12.2 million deadweight tonnes.
*As at 23 August 2021, the TFG Marine group comprises TFG Marine BV (Netherlands), TFG Marine Inc. (US) and Heron Marine (South Africa).
