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News / Business/ Trafigura joint venture TFG Marine starts bunker trading operations at Singapore

Trafigura joint venture TFG Marine starts bunker trading operations at Singapore

29 Jan 2020
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TFG Marine Pte Ltd, the bunker trading entity for international commodity trading firm Trafigura, has reportedly started bunker trading operations at Singapore.

The new company is a joint venture between Trafigura, Frontline Ltd. and Golden Ocean Group Limited formed on 13 August 2019, to establish a global supplier of marine fuels.

Frontline and Golden Ocean will respectively acquire 15% and 10% interests in the joint venture company, while Trafigura will contribute its existing physical bunkering activities to the new entity.

Brief corporate details of TFG Marine under Singapore’s Accounting and Corporate Regulatory Authority (ACRA) are as follows:

Name: TFG Marine Pte. Ltd.
UEN: 201932118W
Status: Live Company
Address : 10 Collyer Quay #29-00 Ocean Financial Centre Singapore 049315
Industry: Ship Bunkering

Related: Trafigura forms bunkering JV with Frontline and Golden Ocean

 

Photo credit: Swapnil Bapat on Unsplash
Published: 29 January, 2020

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