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Our preliminary analysis has revealed key insights about TFG MARINE PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Has been operational for a few years
Has accessible contact information online
46662
Ship bunkering
Recently transacted with TFG MARINE PTE. LTD.?
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This is only a preview of the TrustScore results for TFG MARINE PTE. LTD., showcasing a few facets of its business that we have analysed.
Foundational Stage
A young brand or company in the early stage of organisation structures, framework, processes, workflow, systems.
Key Characteristics
Why It Matters
The company's address is shared by several other companies. While this is common for business centers and co-working spaces, it may affect the perceived exclusivity of the business location. TFG MARINE PTE. LTD. has been operational for a few years, showing some level of stability. While it shows some level of stability, it may still be in the process of establishing its reputation and credibility.
TFG MARINE PTE. LTD. has no presence on career platforms and provides no public information about its work environment or employee satisfaction. This lack of transparency may indicate less focus on employee well-being or difficulty in attracting talent, potentially impacting TFG MARINE PTE. LTD.'s long-term success.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
TFG MARINE PTE. LTD. has accessible contact information online, which is a positive indicator of its credibility and transparency. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
Get access to all metrics and detailed risk assessments for TFG MARINE PTE. LTD.
In addition to this first transaction, DBS has also completed a subsequent live transaction with TFG Marine. In July 2021, DBS successfully completed Singapore’s first live bunker delivery financing pilot transaction by way of an electronic bunker delivery note. This was done in partnership with TFG Marine, Ocean Network Express and Ascenz, with the support of the Maritime and Port Authority of Singapore.
PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world's biggest ship refuelling hub in 2021 while the overall number of licensed suppliers fell by four to 41, official data showed on Monday. Shell Plc's Singapore bunkering unit, Shell Eastern Trading Pte Ltd, fell from the top ranking in 2020 to third, behind Singapore's Equatorial Marine Fuel Management Services Pte Ltd in second place, unchanged from 2020, the Maritime and Port Authority (MPA) of Singapore data showed. Vitol Bunkers Pte Ltd, previously Sinanju Marine Services Pte Ltd, climbed six spots to rank fourth in 2021 followed by Trafigura's TFG Marine Pte Ltd in fifth, up 11 spots from 2020, the data showed.
Singapore-based TFG Marine Pte Ltd, a joint venture between Trafigura, Frontline Ltd. and Golden Ocean Group Limited, on Wednesday (1 April) appointed Anders Gronborg as its Chief Executive to oversee expansion efforts, according to Reuters. Gronborg is joining Trafigura after 27 years in various roles at World Fuel Services, the most recent being global head of marine fuel supplies in 2018. TFG Marine was formed on 13 August 2019 between Trafigura, Frontline Ltd. and Golden Ocean Group Limited, to establish a global supplier of marine fuels.
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TFG MARINE PTE. LTD. has been in operation for 6 years since its incorporation in 25 September 2019 based on ACRA registration date. The business is registered with ACRA (Accounting and Corporate Regulatory Authority) under UEN 201932118W.