TRF Ship Management AS is responsible for overseeing a portfolio of shipping investments on behalf of Transportation Recovery Fund (TRF).

TRF has ownership in fifty-five ships, including sixteen chemical tankers (of which nine are stainless and seven are coated) and twelve product and crude tankers. The remaining fleet consists of bulk carriers and container vessels.

TRF has outsourced technical and commercial management to third party providers, and TRF Ship Management AS oversees these management companies.