Singapore: TFG Marine granted bunkering licences by MPA

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(Image Courtesy: TFG Marine)

TFG Marine, the global marine fuel supply and procurement company created by Trafigura and shipping firms Frontline and Golden Ocean, has been granted approval by the Maritime and Port Authority of Singapore (MPA) to become a Bunker Supplier and a Bunker Craft Operator serving the vessels visiting the country’s Port.

Anders Grønborg, who joined TFG Marine as Chief Executive Office in April 2020 to oversee the company’s ongoing expansion efforts, said: “This is excellent news, particularly as Singapore is the largest bunkering hub in the world. TFG Marine adds value by providing an end-to-end service, integrating its expertise in commodity trading with marine fuels supply infrastructure and logistics. As a very strong counterparty in the marine market we look forward to serving the thousands of vessels visiting the Port of Singapore each year efficiently, reliably and responsibly.”

From the beginning of May, TFG Marine will supply HSFO, MGO and VLSFO bunker fuel to bulk carriers, oil tankers and container vessels calling at the Port of Singapore. In time, TFG Marine’s fleet in Singapore will include clean-energy dual-fuel bunker barges, to drive sustainable bunkering activities. The operations will also benefit from Trafigura’s many years of experience supplying marine fuels to the Port and extensive local infrastructure including significant marine fuel storage.

TFG Marine is rapidly scaling up its global footprint, which already includes extensive bunkering operations in South and West Africa, Panama and Ecuador, with plans to announce further developments in Asia, as well as in Europe and the Americas.

Sea News, April 22

Baibhav Mishra
Author: Baibhav Mishra

Associate Editor, Sea News