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.
Trafigura, the majority shareholder, is one of the largest physical commodities trading groups in the world. In 2019 the Group traded 2.2 billion barrels of oil and petroleum products and 97.2 million metric tonnes of metals and minerals. Trafigura has a leading market position in fuel oil and middle distillates trading, access to a significant network of terminals worldwide and works with a substantial global network of ship owners. In 2019 Trafigura traded 28.5 million metric tonnes of fuel oil globally.
Frontline Ltd 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 VLCCs, Suezmax tankers and LR2 / Aframax tankers. Frontline’s 63 vessels have an aggregate carrying capacity of approximately 12.2 million deadweight tonnes.
Golden Ocean Ltd is a leading international dry bulk shipping company that owns and controls a fleet of 77 vessels, including those chartered on long-term time charter contracts, with an aggregate carrying capacity of about 10.7 million deadweight tonnes.
Our ambition is to become the leading premium quality marine fuels supply and procurement company, providing competitively priced and regulatory-compliant marine fuels along key shipping routes and bunkering hubs across the globe.