TFG Marine commences bunker supply operation in Port Louis
- Published
by Admin
TFG Marine, the global marine fuel supply and procurement joint venture between Trafigura Group Pte (Trafigura) and shipping firms Frontline and Golden Ocean, on Friday (15 March) said it launched its latest operation location in Port Louis, Mauritius, through a joint-venture with Mauritius bunkering company Groupe Roland Maurel (GRM).
“The partnership combines TFG Marine’s best-in-class approach to marine fuel supply with GRM’s local expertise and infrastructure network, to meet the needs of the growing number of shipping customers traversing the Cape of Good Hope,” it said on a social media post.
“At Port Louis, customers can expect nothing less than our full spectrum of premium marine fuels, meticulously delivered with precision and reliability. Whether it’s quality, timeliness, or volume, we’ll meet and exceed your expectations at every stage of way.”
Manifold Times previously reported Tahra Sergeant, International Bunker Industry Association Board’s (IBIA) Regional Manager of Africa and Global Head Events, stating repercussions of geopolitical and strategic shifts are already evident in the changing bunkering volumes across various African ports.
For instance, the closure of Algoa Bay resulted in an immediate spike in volumes at Port Louis and Walvis Bay, she said.
“Port Louis, in particular, saw its bunkering volume double, propelled by its competitive market and the presence of high-quality, low-cost VLSFO suppliers. This saturation and competitiveness are beneficial for keeping prices favourable for shipping companies and for Mauritius, enhancing its allure as a bunkering destination,” she added.
Flexport also reportedly said 549 container ships have been diverted or are planning to reroute via the Cape of Good Hope instead of the Suez Canal route to avoid Red Sea attacks as of 18 January.
Related: IBIA on navigating new waters: Africa’s role in global bunkering
Related: ENGINE: War-risk premium soars to 0.75-1% as the Red Sea attacks enter third month
Photo credit: TFG Marine
Published: 18 March 2024
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