Trafigura completed the acquisition of a minority stake in ZeroNorth.

Trafigura, a company in the global commodities industry, completed the acquisition of a minority stake in ZeroNorth, a technology company committed to accelerating the energy transition in global shipping. Financial terms were not disclosed. "This partnership marks an important step in Trafigura's commitment to improving efficiency and sustainability across its maritime operations. The ZeroNorth platform will help us optimise fleet performance through enhanced monitoring of fuel and emissions while improving data collection and quality. It will also strengthen our relationships with vessel owners through more effective communication and information sharing," Andrea Olivi, Trafigura Global Head of Shipping.