TFG Marine (Trafigura)
TFG Marine is a marine fuel supply and trading platform formed in 2020 as an alliance between Trafigura, Frontline, and Golden Ocean.
Last updated September 1, 2026
Overview
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. 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 its mission, it adopts cutting-edge technologies that enhance transparency and spur carbon-reduction in the industry.
History
TFG Marine 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. Trafigura is the majority shareholder. In 2020, Trafigura traded 27 million metric tonnes of fuel oil globally. TFG Marine is building one of the world's largest physical bunkering procurement and trading platforms. It supplies marine fuel in over 80 percent of the world's sea routes, serving key shipping routes from over 30 strategic bunkering hub locations, supplying over 10 million metric tonnes of marine fuels to customers. It supplies a full range of high-quality marine fuel blends, including ISCC-certified biofuel blends. In 2026, CMB.TECH increased its stake in TFG Marine and committed to sourcing bunker fuel through the joint venture.
Sources
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