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Marine Fuels Alliance: A new bunker organisation for broad spectrum of physical suppliers

29 Apr 2021

Marine Fuels Alliance (MFA) – a bunker organization newly launched on Wednesday (28 April) aims to encourage greater collaboration between physical bunker suppliers, including small and medium-sized companies, and assist them in accessing the tools and resources required to improve standards and professionalism in the industry.

The aims and values of the MFA were highlighted during Session 8 at the Global Bunkering Summit, organised by Petrospot.

Founded by Propeller Fuels’ Managing Director Robert Thompson as a UK-based not-for-profit organisation, the MFA has a tagline of ‘Making Connections’ and a mission statement of ‘Supports, Promotes and Connects’.

The new organisation will be led by representatives from several physical supply companies and supported by a global executive group made up of stakeholders from the physical supply industry.

The MFA also includes an advisory group made up of prominent individuals from the buying/ship operating community, as well as banking, credit, insurance, technical, technology, renewable fuels and other sectors – all of whom share a vested interest in the improvement and advancement of the industry.

“As the mission statement suggests, the MFA aims to Support its members by providing more efficient access to critical resources and advice; Promote by coming together under a collective umbrella and providing the scale and reach needed to be able to access all parts of the globe; and Connect by providing members with a platform to better collaborate, share knowledge and collectively raise standards,” said Thompson. 

“The MFA has many specific aims, which will be made public in due course and on which it intends to take decisive actions for the general good of the marine fuel supply industry and its stakeholders.”

Photo credit: Marine Fuels Alliance
Published: 29 April, 2021


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