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

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: 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.

Naming ceremony of Wilhelmshaven Express. Hapag-Lloyd completes newbuild programme with delivery of dual-fuel vessel  

German carrier christens Wilhelmshaven Express, marking completion of 12-vessel Hamburg Express class series.
Adani Ports and BPCL sign MoU. MoU signed for India's first LNG bunkering facility at Vizhinjam  

Partnership aims to establish LNG refuelling hub for international vessels at Kerala.
BSM Methanol Firefighting Course training session. BSM launches methanol training courses for seafarers  

Shipmanager introduces specialised programmes amid absence of international standards for methanol-powered vessels.
Everllence S90 methanol dual-fuel engine. Everllence completes world's first S90 methanol engine retrofit on Cosco ship  

Cosco Shipping Libra undergoes dual-fuel conversion, opening pathway for further large-bore retrofits.
RCL vessel Piya Bhum. RCL completes maiden biofuel voyage with B24-VLSFO blend  

Thai container line uses biofuel blend on vessel sailing from Laem Chabang to Ho Chi Minh City.
ABS and KRISO sign MoU. ABS partners with KRISO to develop small modular reactors for marine applications  

Classification society and Korean research institute sign MoU to advance nuclear technology for ships and offshore platforms.
Rolls-Royce first pure methanol marine engine. Rolls-Royce tests first pure methanol marine engine in world first  

Facility test marks development step for methanol marine fuel technology.
OTTCO and Royal Vopak sign strategic partnership agreement. Ottco and Vopak form joint venture for Duqm energy storage terminal  

Partnership will develop storage infrastructure at Oman's Special Economic Zone at Duqm (SEZAD).
China Sustainable Shipping Fuel Development Report 2025. China Classification Society releases sustainable marine fuel report  

Report examines global trends in green hydrogen, methanol, ammonia, and biofuels for maritime decarbonisation.
Steel cutting ceremony for Avenir LNG’s next 20,000 cbm LNG bunkering vessel. Avenir LNG begins construction of second 20,000 cbm bunkering vessel in China  

Steel cutting ceremony marks start of construction for Hull S1124 at Nantong CIMC facility.




 Recommended