Risk
Every element of the bunker supply chain carries significant Risk. The MFA provides essential resources and support across areas of Credit, Compliance, Sanctions and Environmental. We update regularly about new legislation and regulation continually reviewing global news sources to ensure we help to inform on all Risk policies for members.
Latest Risk news and resources
Latest EU Council Regulation – banned vessels
New EU sanctions specifically prohibit the bunkering 27 vessels. Going forward, the list of vessels shall include vessels that: Supported Russia’s defence & security sector. Transported crude oil & oil products from Russia while practising high-risk shipping...
The MFA Podcast Ep. 7 Debt Recovery
In this Podcast, the MFA discusses debt recovery and US Jurisdiction in T&Cs with Steve Simms (Simms Showers) & Anthony Desbrousses (Marine Recoveries). https://open.spotify.com/episode/1qB9nFPD6lrQQR3aVnWiM5
Trade Credit insurance faq sheet
https://marinefuelsalliance.com/wp-content/uploads/2024/08/Xenia-Credit-Insurance-FAQ.pdf
Sanctions Case Study
Argentine state-owned importer of LNG, Enarsa, has called off the unloading of an LNG cargo of Russian produce. The cargo was loaded at the Yamal terminal in Siberia and transshipped to the vessel Flex Artemis in France destined for discharge close to Buenos Aires....
The MFA Podcast Ep. 6 Risk Management
No matter the size of a business, risk management controls have to be put in place and reviewed regularly. In this Podcast, the MFA talks with capSpire, one of our excellent Partner companies who are willing to support our members. Listen in as Anthony Mollet speaks...
A Question of Risk
“It is like we are constantly saying 'NO!'. It is because we do not KNOW.” The emergence of grey-fleets adds further shadows around the grey topic of what is and what is not permitted in the bunker supply chain. Too many bunker sellers are rolling the dice and waiting...
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