TFG Marine has signed a working capital financing facility of up to USD300 million with DBS Bank

TFG Marine has signed a working capital financing facility of up to USD300 million with DBS Bank.

The facility will support TFG Marine’s working capital requirements, further strengthening its liquidity position and underpinning its operations as one of the world’s leading physical suppliers of marine fuels.

Supported by TFG Marine’s collaboration with ZeroNorth and SGTraDex electronic bunker delivery notices will be used to enable efficient and reliable audit and verification of transactions financed under the facility.

Read the full release here: https://lnkd.in/dfXEwXu4