Non-lien clauses are becoming an increasingly important issue in the bunker industry. Often included in charterparties, vessel management agreements, or other contractual arrangements, these clauses are intended to prevent suppliers from placing a lien or other claim...
This MFA Blog, written by Shipergy’s Global Head of Credit and Compliance, Chris Morgan, explores the challenges bunker companies face in balancing operational processes and profitability while navigating significant geopolitical risks. The article aligns closely with...
When businesses set their strategies and budgets for the year ahead, they typically base assumptions on normal market conditions and “known knowns” — to borrow a phrase from Donald Rumsfeld — with allowances made for anticipated world events and pressures. However,...
The MFA’s primary aim is to “Connect, Support and Promote” its members. We are committed to developing a unique global network that enables members to achieve their full potential through improved access to shared resources and more efficient collaboration. When...
What was the last podcast you listened to and what did you learn from it? If you enjoy Podcasts, where do you listen to them? Maybe while out for a walk, on the commute home, or as one member we know in the MFA, while fixing their motorbike in the garage. So long as...
‘Back to Basics First’ is the latest Blog from the Chairman of the MFA, Robert Thompson. The industry is in a very transformative period with arguably more changes than ever before all in one go which impact both the buyers of fuel and the suppliers and traders...
In recent weeks, we have been calling Bunker Suppliers in the MFA and discussing some of the main issues causing them concern in the present market. It is worth noting that the majority of topics raised are not new or linked to any complicated regulation or procedures...
There is a wave of industry news at the moment with lots of conversations which spark both excitement and genuine concern. So, what should we be positive about? Well, a lot actually. People are collaborating and there is evidence of engagement and sharing of...
The topic of Sanctions remains one of the most critically important in the shipping industry and the effect to bunker companies is something the MFA is discussing regularly. Every time a new Sanctions package is announced, it is essential to understand the fine...
Not a common word I use, but like buses in London, suddenly two came at once! In the week where the MFA held the first meeting of the Action Group to review new Digital Business Solutions, our guest from HSBC commented that Banks are looking for interoperability of...
The maritime industry is ever evolving and has to adapt almost immediately to regulatory changes and laws that conduct how ships transport goods between global locations, powered by a fuel source. Many experienced professionals have operated across the diverse sectors...
Have you ever considered joining an association? How many associations are there in my industry and what benefits could they bring to my business? Associations are usually defined as a group of people who come together for a common purpose or interest. By joining an...
The needs of the Shipping Industry are constantly evolving and changing and we now live in an age of digital transformation. As the global economy continues to grow, there is an increasing demand for efficiency and reliability. The industry is also having to comply...
There is no such thing as a stupid question, as the saying goes. We should all be brave enough to ask questions, even those that seem seemingly simple. Any question can be valuable for learning, connecting and understanding and someone will have the answers. The MFA...
…the most frequently sung English song in the world… So, come on, let us all join in and wish the Marine Fuels Alliance a very Happy 2nd Birthday this week! It was International Energy week 2022, Monday morning and we went LIVE. We have a clear message and strategic...
MFA members are asking for help about ISCC. “Do we need anything particular to sell Biofuels?” and “Do we have to have a certificate?” Here is another subject where the lack of clear understanding and appreciation of what is required is significant among industry...
‘Happy New Year!’ we say to those around us at midnight and in the first phone calls and emails once back to work. A few days off to relax and then we step fully into the new year and continue with our professional roles. But how have we stepped in to 2024? With...
On January 1st 2024, every ship over 5,000 GRT sailing within the European Union, sailing into the European Union or sailing out from the European Union will be required to pay an Emissions Allowance for every tonne of CO2 burned. Sounds simple enough. But to what...