TFG Marine has secured a working capital financing facility of up to $300m from DBS Bank that ties bunker trade finance to electronic bunker delivery note data, according to a company statement.
The marine fuels supplier will provide e-BDN data under the facility to support audit and verification of transactions financed by the Singapore-headquartered bank.
The deal gives TFG Marine additional liquidity as it expands its fuel supply business and deepens the use of digital delivery records in bunker trading, where paper documents have long remained central to transaction processing.
TFG Marine has been rolling out e-BDNs globally with ZeroNorth since late 2024. The company said the facility reflects growing demand for digital transparency in marine fuels and more resilient supply chains.
TFG Marine is a marine fuels supply and procurement joint venture backed by Trafigura Group, Frontline and CMB.TECH, focused on physical bunkering, procurement and trading across key shipping routes and bunker hubs.
DBS Bank is a Singapore-headquartered financial services group providing corporate banking, trade finance, treasury and lending services.
ZeroNorth is a maritime technology company providing digital platforms for vessel optimisation, emissions management and bunker-related workflows.
