Trafigura Partners with ZeroNorth to Enhance Vessel Optimization

Global commodities powerhouse Trafigura has announced a strategic equity stake in ZeroNorth, a leading vessel optimisation brand. This new partnership will see ZeroNorth’s platform deployed across Trafigura’s fleet of over 350 vessels, including voyage optimisation systems, emissions analytics, and vessel reporting tools.

The financial terms of the transaction were not disclosed, but Trafigura’s investment positions them alongside other strategic shareholders like Maersk Tankers, Cargill, and PSG Equity. The implementation of ZeroNorth’s solutions is expected to drive reductions in fuel consumption and carbon emissions across Trafigura’s chartered fleet.

Andrea Olivi, global head of shipping at Trafigura, stated, “This partnership signifies Trafigura’s commitment to improving efficiency and sustainability in maritime operations. The ZeroNorth platform will enhance fleet performance by monitoring fuel and emissions, improving data collection, and fostering better communication with vessel owners.”

ZeroNorth, originally spun off from Maersk Tankers in 2020, has rapidly expanded its user base in the shipping industry. Søren Meyer, CEO of ZeroNorth, expressed excitement about Trafigura’s involvement, noting that their insight, scale, and ambition will be invaluable in shaping the company’s strategic direction and accelerating the platform’s impact.