Trafigura establishes a new shipping division amid rising tanker rates
Trafigura announced the creation of a new shipping unit.

Multinational commodities company domiciled in Singapore
Trafigura Group Pte. Ltd. is a Singaporean‑based multinational commodities company, founded in 1993, with major regional hubs in Geneva, Houston, Montevideo, and Mumbai. The company trades in base metals and energy. It is the world's largest private metal trader and the second‑largest oil trader, having built or purchased stakes in pipelines, mines, smelters, ports, and storage terminals.
Source: Wikipedia (CC BY-SA)Trafigura announced the creation of a new shipping unit.
Trafigura plans the first initial public offering of one of its business divisions. The company also established a new shipping subsidiary named Volare Shipping. Coverage notes market implications for oil transport costs and corporate diversification.
Trafigura announced the creation of a new shipping unit.
Trafigura plans the first initial public offering of one of its business divisions. The company also established a new shipping subsidiary named Volare Shipping. Coverage notes market implications for oil transport costs and corporate diversification.