Trafigura

Today at the Angola Oil & Gas Conference, Matthieu Milandri, our Head of Upstream Finance, discussed Trafigura’s role in supporting oil and gas development across Africa. “Trafigura is involved in many upstream oil projects across the continent. Together with other stakeholders, such as development banks, we are working to deliver innovative financing solutions that fast-track project development and fuel industry growth," he said. #ConnectingVitalResources #Energytransition #OOTT #Oil #OilandGas #Luanda #Investment #Angola #Trafigura

This week, Rémy VEROT Verot, COO of Nala Renewables, our joint venture with IFM Investors, visited its 25MW-4h battery energy storage system (BESS) in Balen, Belgium. This storage asset, one of the largest in operation in Belgium, has a capacity of 100MWh and generates approximately 42,000MWh, supplying power to around 2,400 households. The BESS plays a crucial role in balancing energy supply and demand, enhancing grid stability, and supporting the transition to renewable energy.

Saad Rahim, our Chief Economist, joined Bloomberg News this morning to share his insights on commodities markets and LME Week 2024. A key topic of discussion among delegates in London this week has been the potential impact of China’s significant stimulus programme aimed at boosting its economy. During the interview, Saad highlighted the size and importance of the measures announced by Beijing, drawing a comparison to Mario Draghi’s famous “whatever it takes” moment during the Eurozone debt crisis in 2012, when the ECB acted decisively to save the euro. “Two good rules in markets are: number one, don’t fight the US Federal Reserve; and number two, don’t fight the Chinese government. And this really is China’s ‘whatever it takes’ moment. “If you add it up, we're talking something like RMB 4-5 trillion in stimulus… that’s large enough to move the needle, and you can already see the impact it is having. Property developer shares in China today were up 200%.” China is the world’s largest buyer of commodities, consuming around 50% of most raw materials. Watch the interview here: https://lnkd.in/ew8R_sik #ConnectingVitalResources #Trafigura #BloombergTV #LMEWeek20204 #LMEWeek  

We are pleased to welcome Andrew Starkey as our Chief Financial Officer for Asia Pacific. Based in Singapore, Andrew assumes the role from Stephan Jansma who became Trafigura Group Chief Financial Officer in July 2024. Andrew has over 25 years of experience in the Asia Pacific natural resources, infrastructure and related sectors. Find out more below: https://lnkd.in/es4GSuDj #ConnectingVitalResources #Trafigura

Trafigura has announced the closing of its new Syndicated Revolving Credit Facility and Term Loan Facilities for a total amount of USD3.2 billion-equivalent with 38 financial institutions participating in the transaction, including five new lenders. The facilities will be used to refinance the maturing 3-year term loan tranche from 2021 and the maturing 1-year USD and 1-year CNH tranches from 2023, as well as for general corporate purposes. Stephan Jansma, Trafigura’s Group Chief Financial Officer said: "We have successfully refinanced our unsecured syndicated facilities with more than USD600 million in additional liquidity and a number of new lenders. Once again, we appreciate the strong support we received from banking markets across Asia Pacific and the Middle East, with particularly strong support from Chinese banks. Our funding position leaves us very well prepared to serve our customers in all market conditions.” Read more here:  https://lnkd.in/eJi7vSXk #ConnectingVitalResources #Trafigura

“At Trafigura, you’re presented with countless opportunities to grow and take on new responsibilities. You’re also encouraged to collaborate with colleagues across the organisation. This not only exposes you to diverse cultures but also promotes the free exchange of ideas.” Meet Radhika Sangani from our Mumbai office, who began her career with Trafigura as a Research Analyst, then worked for our Deals Desk team, and recently advanced to the role of Commercial Manager. In our next "Meet Our People" series, Radhika shares insights into her journey and the diverse range of roles and opportunities she’s experienced since joining Trafigura in 2020. Find out more about the many exciting careers at Trafigura via the links below: https://lnkd.in/edM-BzJG https://lnkd.in/eFjjMEhA #ConnectingVitalResources #Trafigura #TrafiguraCareers #SupplyChains #SupplyChainManagement #TrafiguraMumbai #OOTT

Delighted to announce the Miombo Restoration Alliance alongside 11 African governments and ICCF, with Conservation International as technical advisor, focused on native species restoration across Africa to produce #carbonremovals under #article6. Trafigura as founding partner will underpin $500M of greenfield investment. The Alliance will announce its first pilots later this year - and is already welcoming additional partners on the NGO, capital, and offtake side to ensure best in class operations. Now let the real work begin ! 🚀 Find the full release here : https://lnkd.in/gYSg5Zne #nycw #carbonremoval #article6

Some exciting news coming out of #ClimateWeekNYC from Trafigura and our Carbon Trading Team. 👇 We're proud to be a founding member of the Miombo Restoration Alliance, alongside The ICCF Group, as secretariat and Conservation International, as advisor. This ground-breaking initiative will support restoration in one of world’s largest dry forest ecosystems across 11 countries in central and southern Africa. Underpinning an initial USD$500 million investment, this large-scale native species restoration effort will convene partners with regional expertise in technical innovation, environmental stewardship, and community engagement to expand our reach. The Miombo woodlands is crucial for over 300 million people, offering essential resources across roughly 1 million square miles and the Alliance will collaborate with institutional investors to ensure continued financing to scale climate action and resilience.    "Native species restoration at scale is incredibly challenging due to the need to bring together financing, risk, environmental, community, and policy requirements for successful implementation, said Hannah Hauman, Global Head of Carbon Trading, Trafigura.   “We see the Miombo Restoration Alliance as a means of creating a network of parties that can solve these challenges for large-scale, multijurisdictional impact under Article 6 – and deliver high integrity carbon removals to the market."   Click here for the full press release: 👉 https://lnkd.in/gYSg5Zne and read what the Presidents of Mozambique, Malawi and Botswana think about the Alliance.   #MiomboInitiative #Article6 #CarbonRemovals #NativeSpeciesRestoration #ConnectingVitalResources #ClimateAction

On World Maritime Day, we celebrate the vital role that the maritime industry plays in global trade and reaffirm our commitment to a more sustainable future. At Trafigura, we recognise that decarbonising shipping will play an important role in addressing climate change. That’s why we have set targets to reduce emissions and are actively investing in the future of sustainable shipping. Reducing emissions is not a distant goal—it's an urgent priority, and as the world develops large-scale solutions to decarbonise this hard-to-abate sector, there are a number of immediate actions that can be taken to reduce the environmental impact of shipping today. Through innovation and collaboration we’re committed to helping the shipping industry chart a path to a cleaner, greener future. Watch our video on our longer-term strategy for decarbonising shipping below and read our “Connecting Vital Resources” article where we highlight five steps that the industry can take to make a meaningful difference to decarbonise shipping today here: https://lnkd.in/e2-PWFqp #WorldMaritimeDay #ShippingDecarbonisation #SustainableShipping #Trafigura #MaritimeIndustry #ConnectingVitalResources #Shipping #ShippingDecarbonisation

Trafigura honoured with Award at the Mercy Ships Cargo Day Gala in Geneva. Last week, colleagues from Trafigura's Freight teams and its Charity Committee attended the Mercy Ships Cargo Day Gala Dinner in Geneva. The event brought together over 400 attendees from 80 companies across the global shipping and trading community to celebrate and raise funds for Mercy Ships, an international charity that operates some of the largest non-governmental floating hospital in the world.   This year's event was particularly significant for Trafigura, as we were awarded the Special Honorary Committee Award in recognition of our fundraising efforts over the past six years. Andrea Olivi, Global Head of Wet Freight Shipping, accepted the award alongside Olivia Robinson a former Trafigura Graduate Programme trainee turned Charterer. Commenting on the award, Andrea said: “It is a tremendous honour to be recognised by Mercy Ships for our ongoing commitment to supporting a cause that's so close to my heart. I'm incredibly proud that Trafigura has played a role in enabling Mercy Ships to continue delivering essential medical services to underserved communities in Africa, transforming countless lives that would otherwise lack access to healthcare. “Helping those in need should be one of our highest, if not the highest, priorities. The team of nurses, doctors, and volunteers I met aboard Global Mercy understood this truth. We should always be mindful that even from our desks we can contribute—by raising more funds and doing our part to support their incredible work. "I'm particularly proud of how the shipping industry comes together for this annual event, showing remarkable generosity and commitment to such a worthy cause. By working together, we've made a significant and lasting impact." Find out more about the Mercy Ships charity and its mission to bring quality healthcare to all and its annual Cargo Day event here. https://mercyships.ch/en/ #ConnectingVitalResources #Trafigura #MercyShips