Sign up
Log in Sign up
Tue 15 May 2018, 08:37 GMT

Monjasa wins Best Compliance Award in Dubai


Bunker firm recognised by the Dubai Multi Commodities Centre (DMCC) for its compliance approach.

Monjasa's Compliance Assistant, Meg Barcellano, and Group CEO Anders Ostergaard were handed the 'Best Compliance Award' at the DMCC Member Awards 2018, held in Dubai on April 30.
Image credit: Monjasa
Bunker firm Monjasa has been recognised by the Dubai Multi Commodities Centre (DMCC) for its approach to compliance by winning the 'Best Compliance Award' at the DMCC Member Awards 2018, held in Dubai on April 30.

Monjasa's Compliance Assistant, Meg Barcellano, and Group CEO Anders Ostergaard were handed the award at the event, which took place at FIVE Palm Jumeirah, located on the tree-shaped Palm Jumeirah island.

According to the organisers, "this award is to recognise a company which has sound compliance and corporate governance framework and implemented the highest standards of ethical conduct, due diligence, and best practices within the organization."

"We take this as encouragement to keep this up and to continue living our values when it comes to compliance," Monjasa said.

DMCC is a government entity established in 2002 to enhance commodity trade flows through Dubai. The Free Zone comprises more than 15,000 businesses in Dubai.

Back in March, in a series of interview articles published by Bunker Index, COO Svend Stenberg Molholt outlined Monjasa's global approach to compliance; he also reflected on the increased scrutiny from clients, banks and regulators; and explained how the use of questionnaires in its procedures now forms a key part of how the company works with suppliers and customers as it continues to look at ways of improving quality and compliance.

David Ortiz, trading manager at Sonan Energy Panama. Sonan Energy Panama appoints David Ortiz as trading manager  

Former US Marine brings nearly a decade of bunker trading experience to Panama role.
The M/T Jutlandia Swan, operated by Uni-Tankers. Project CLEANSHIP begins collecting operational data from wingsail-equipped tanker  

M/T Jutlandia Swan serves as floating laboratory to measure wind-assisted propulsion performance.
Bernhard Schulte Shipmanagement's (BSM) second methanol dual-fuel bulk carrier. BSM adds second methanol dual-fuel bulk carrier to managed fleet  

Ship manager now operates two methanol-capable vessels as alternative fuel adoption continues in the bulk sector.
Petrobras logo. Petrobras suspends MGO export sales following Brazilian government’s 50% export tax  

State oil company halts distillate fuel exports while assessing impact of new levy.
The LNG bunkering vessel Alisios LNG. Scale Green Energy launches 12,500-cbm LNG bunkering vessel in Spain  

Alisios LNG will supply marine fuel from the Huelva plant, chartered by Axpo Iberia.
The pure car and truck carrier Tourmaline Ace. Piraeus port signs LNG-fuelled car carrier deal with MOL  

Mitsui O.S.K. Lines' LNG-powered vessel made inaugural call at Greek port on 10 March.
Hydrogen ship render. DNV study recommends design-based safety approach for hydrogen-fuelled vessels  

Study for EMSA calls for secondary enclosures across all hydrogen components, including open deck.
The pure car and truck carrier Grande Seoul. Grimaldi takes delivery of ammonia-ready car carrier Grande Seoul  

Ninth vessel in series joins fleet for Asia-Europe service with 50% lower emissions.
Photograph of Oğuz Yazici, Country Manager at Oilmar DMCC. Oilmar appoints Turkey country manager as part of regional expansion  

Dubai-based bunker and cargo trader promotes from within to lead Turkish operations.
Photograph of the GNV Aurora ferry's first LNG bunkering in Genoa, in March 2026, with delivery tanker Green Zeebrugge alongside. GNV Aurora completes first LNG bunkering in Genoa  

GNV's second LNG-powered ferry receives fuel in Italian port, with a shore power trial scheduled.




 Recommended