Tag: Trafigura

Trafigura recognizes the importance of supporting the decarbonization of shipping and highlights five key actions to take today for a more sustainable future.

TFG Marine, a joint venture founded by Trafigura, Frontline and Golden Ocean, announced the signing of a long-term time charter agreement with Singapore-headquartered Consort Bunkers for four newbuild methanol carriage-ready bunker tankers.

Trafigura has signed a contract for four Medium Gas Carriers (MGC) that will be capable of using low-carbon ammonia as a propulsion fuel when delivered.

Daphne Technology will deploy its PureMetrics system on an LNG carrier chartered by Trafigura and managed by Latsco LNG LLC in summer 2024, to measure GHG emissions in real time. 

Fratelli Cosulich Group announced that the Company placed an order for its first methanol dual-fuelled chemical bunker tanker. The 7,990 dwt IMO Type II chemical vessel will be built at Taizhou Maple Leaf Shipbuilding Co. in China.

Today at COP 28, thirty shipping sector leaders have committed to scaling up zero-emissions fuel derived from renewables-based hydrogen to nearly 11 million tonnes by 2030.

Trafigura has announced the closing of its new Syndicated Revolving Credit Facility (RCF) and Term Loan Facilities at c. USD2.7 billion-equivalent.

Trafigura Group Pte has agreed with H2 Energy Holding AG founders to increase its shareholding in H2 Energy Europe AG to become majority owners, as development plans ramp up for large-scale green hydrogen production projects and mid- and downstream hydrogen supply and distribution infrastructure in Europe.

Margaux Moore, Head of Energy Transition Research and Venture Investment for Trafigura, mentions that shipping will represent a large demand for low carbon fuels as the industry decarbonizes and she is excited to be part of the entire lifecycle – from incubation to deployment.

According to Trafigura, green e-fuels produced from renewable energy could be produced in abundance in the developing countries of the Global South.