TFG Marine secures new methanol bunkering services in Singapore

TFG Marine, a marine fuel supplier mostly owned by Trafigura, has agreed to a long-term deal with Consort Bunkers to charter four new barges that can supply ships with various low-carbon fuels. These barges, set to be delivered between 2024 and 2025, will help the shipping sector meet decarbonization targets by offering fuels such as biofuels, methanol, and ammonia to reduce emissions. TFG Marine, a key player in Singapore’s fuel market, sees these new barges as part of its efforts to modernize its fleet and support the decarbonization of the industry.

Kenneth Dam, TFG Marine’s global head of bunkering, envisions a future where multiple fuels like methanol, biofuels, and ammonia coexist alongside traditional marine fuels to achieve the goals set in the Paris Agreement. The new barges, equipped with mass flow meters, will enable precise measurement of bunker flows for transparency during fuel transfers. TFG Marine aims to transport a variety of fuels, including liquid methanol, and the barges can carry conventional marine fuels as well as biofuels up to B100, showcasing the company’s commitment to sustainability.

In addition to the recent deal with Consort Bunkers, TFG Marine has also committed to lease a methanol dual-fuel bunkering vessel for fuel sales at the Port of Singapore in late 2025. Partnering with companies like Frontline and Golden Ocean, TFG Marine continues its efforts to support a multi-fuel future in the shipping industry and contribute to achieving environmental goals outlined in the Paris Agreement.

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