May 19, 2025 — In a landmark development for the maritime energy sector, Seascale Energy has officially launched operations, marking a significant step forward in the evolution of global marine fuel procurement. Formed as a joint venture between Cargill’s Ocean Transportation business and leading tanker shipping company Hafnia, Seascale Energy unites two powerhouse brands under a shared vision: to deliver transparent, sustainable, and data-driven marine fuel solutions for shipowners and charterers worldwide.
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A Strategic Alliance with Global Reach
Seascale Energy represents the strategic merger of Cargill Pure Marine Fuels and the Hafnia Bunker Alliance, forming one of the largest and most innovative bunkering company globally. With a combined annual volume exceeding 7.5 million metric tons of bunkering activity, the new entity aims to leverage consolidated purchasing power, global port access, and deep industry expertise to create unmatched value for marine fuel buyers.
From day one, Seascale Energy operates with a dedicated global team spread across four major maritime and trading hubs: Singapore, Geneva, Copenhagen, and Houston. Leading the venture are Co-CEOs Olivier Josse (Geneva) and Peter Grünwaldt (Copenhagen), who bring extensive experience in marine fuels and international shipping.
Core Offerings: Efficiency, Transparency, and Sustainability
Seascale Energy’s value proposition is built on three pillars:
- Unmatched bunker pricing and global reach through economies of scale and strategic supplier relationships
- Transparent, data-driven procurement solutions that empower customers with real-time market insights and streamlined decision-making
- Access to sustainable fuel innovations, helping clients meet increasingly stringent decarbonization goals
By combining the market influence and shipping expertise of Hafnia with Cargill’s extensive commodity trading background, Seascale Energy is positioned to secure stronger contracts, better fuel pricing, and greater operational flexibility for its partners.
A New Standard in Bunker Procurement
The launch underscores a growing industry demand for enhanced transparency, efficiency, and sustainability in the bunker fuel supply chain. As regulatory pressures and ESG expectations mount, Seascale aims to help clients navigate this complex landscape with smarter procurement tools and next-generation fuel solutions.
“Fueling today, innovating for tomorrow” is more than a slogan—it’s the core philosophy driving Seascale’s mission to modernize bunkering practices and support the energy transition in global shipping.
Both Hafnia and Cargill highlighted the milestone with congratulatory statements to the new venture’s leadership team and reaffirmed their commitment to supporting Seascale’s long-term vision.
Hafnia commented “We are proud to mark the official operational launch of Seascale Energy. This collaboration combines the expertise of Hafnia’s Bunker Alliance with Cargill’s Pure Marine Fuels to create one of the largest and most innovative marine fuel procurement platforms globally. Thank you to the Cargill team for their partnership, vision, and commitment. We wish Olivier Josse, Peter Grünwaldt, and the Seascale team the best in reaching future milestones.”
Cargill shared “Seascale Energy is now fully operational! We believe this joint venture can become a platform for future fuels, overcoming the challenge of scalability while setting new standards in efficiency and transparency. This partnership will drive innovation and accelerate sustainable practices in the bunkering sector.”
About Seascale Energy
Seascale Energy is a forward-thinking marine fuel procurement platform created through a joint venture between Cargill Ocean Transportation and Hafnia. With operations in Singapore, Geneva, Copenhagen, and Houston, the company serves as a one-stop solution for global shipping companies seeking competitive, sustainable, and transparent marine fuel services.
Seascale’s offerings are designed to:
- Optimize bunker purchasing strategy
- Reduce fuel procurement costs
- Improve service reliability and compliance
- Support customers on their path to decarbonization
The company’s long-term goal is to lead the industry in shaping next-generation fuel supply chains, aligning commercial success with environmental responsibility. – “Delivering competitive, transparent and sustainable marine fuel solutions.”
Source Seascale Energy | Cargill | Hafnia