Trafigura and ZeroNorth Join Forces for Fuel Efficiency and Emissions Analysis
Commodities company Trafigura Group partners with maritime tech firm ZeroNorth for fleet optimization. Trafigura will utilize ZeroNorth’s platform across its 350+ vessels to enhance fuel monitoring and emissions analysis. The collaboration includes Trafigura acquiring an equity stake in ZeroNorth, aiming to reduce fuel consumption and carbon emissions. ZeroNorth’s AI-driven platform leverages real-time data for operational efficiency. Trafigura will also provide industry expertise to guide product development and long-term strategy for ZeroNorth. IBC Innovation Banking provided a $20m debt financing package to ZeroNorth in February 2025 for growth and strategic acquisitions.
Read more at Yahoo Finance: Trafigura teams up with maritime technology company ZeroNorth