TFG Marine is a joint venture entity of commodity trading company Trafigura Group and ship owning companies Frontline and Golden Ocean Group.
DBS has announced the completion of Singapore’s first live bunker delivery financing pilot transaction, which was done by way of an electronic bunker delivery note (BDN).
The transaction was completed by DBS in partnership with marine fuels supplier TFG Marine and maritime players Ocean Network Express (ONE) and Ascenz, with support from the Maritime and Port Authority of Singapore (MPA).
