PROVIDING OCEAN FREIGHT SERVICES

Shipping and marine logistics

Shipping plays a significant role in global trade and economic growth, delivering around 90% of all traded goods. We are one of the world’s largest charterers of vessels, responsible for more than 5,000 shipping and chartering voyages each year.

We work with the industry and non-profit groups to drive decarbonisation and promote safer and more efficient shipping.

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GLOBAL REACH AND EXPERTISE

Shipping is a core part of our supply chain activities

Our shipping division works closely with our in-house commercial teams, chartering vessels and transporting oil, gas, minerals, metals and bulk commodities to customers across the globe.

We also provide shipping services to a growing number of third-party customers.

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OUR FLEET

Trafigura's owned and chartered fleet of ships

Trafigura's modern and versatile fleet of shipping vessels is equipped to handle a wide range of commodities, providing efficient and reliable ocean transportation worldwide.

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DECARBONISING SHIPPING

Our 2030 carbon intensity commitment

We are constantly seeking ways to improve the operational efficiency of our fleet. We are committed to reduce the carbon intensity of our shipping division by 25% by 2030 compared to the 2019 IMO baseline. This includes the use of new technology to improve ship propulsion and significantly reduce fuel consumption. We are also testing new fuels and the use of wind power by fitting sails to oil tankers and investing in on-board emissions capture technology.

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INSIGHTS

A cleaner future for shipping

We are actively involved in efforts to reduce carbon emissions and improve the sustainability of the shipping industry, which remains almost entirely dependent on fossil fuels. We are calling for a global price on carbon to help promote the adoption of low-emission shipping fuels.

INVESTING IN INNOVATION

New fuels and energy-saving technology to reduce emissions and improve efficiency

Trafigura operates vessels capable of running on all currently available alternative fuels – including LNG, LPG, ethane, methanol and biofuels.

We have also retrofitted a number of our owned vessels with new technology and innovations such as heat recovery systems and silicon hull paint to improve efficiency and reduce emissions.

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DID YOU KNOW

Supporting the development of low-carbon ammonia-fuelled engines

Trafigura is co-sponsoring the development of an ammonia-fuelled engine for maritime vessels by MAN Energy Solutions.

 

The fuel-flexible, two-stroke engine capable of running on clean ammonia is expected to be available for new large-scale ocean-going ships in 2025. 

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CASE STUDY

Daphne Technologies

We have invested in Daphne Technologies, a Swiss-based company developing an innovative technology that removes pollutants from exhaust gas and converts them into non-hazardous by-products.

WORKING WITH THE INDUSTRY

Partnering with industry groups to promote safe and sustainable shipping practices

Trafigura is proud to be a member of organisations at the forefront of the push to decarbonise global shipping.

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First Movers Coalition

Trafigura is a founding member and key participant of the First Movers Coalition, a group of global companies working together to drive demand for low-carbon fuels for shipping. We have committed to own and operate six ammonia-carrier vessels which will be converted to use low-carbon ammonia as their primary fuel source by 2030, if technically feasible. This represents approximately 18 % of our current owned fleet.

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Global Maritime Forum

Trafigura works closely with the Global Maritime Forum to promote sustainability, share knowledge, foster innovation, and shape policies that bring positive change to the maritime industry.

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Sea Cargo Charter

Trafigura is a supporter and signatory of the Sea Cargo Charter, a global framework for making shipping more sustainable. By following the charter, we are committed to reducing emissions and promoting environmentally friendly practices in shipping.

You may also be interested in

Explore our publications and get
the latest news and insights.

Publication of 2023 Sustainability Report
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2023 Annual Results show a strong performance in constantly shifting markets
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Trafigura publishes new whitepaper on low-emissions fuel supply for shipping
Charting a course to a greener future for shipping: low-emission fuel supply and the opportunities for the Global South
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by Rasmus Bach Nielsen

Global Head of Fuel Decarbonisation - Trafigura Group

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A proposal for an IMO-led global shipping industry decarbonisation programme
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2022 Sustainability Report