Risk Management
In the ever-evolving world of the oil and shipping industry, risk management plays a crucial role in navigating an uncertain future. As the market fluctuates and global events affect economies, businesses need to be prepared for potential risks that can jeopardise their profitability and stability.
SECURING AVAILABILITY AND REDUCING RISK
With increasing focus on long-term planning and a growing demand for securing future supply of marine fuels, Monjasa’s Risk Management department offers, among other services, fixed price contracts as a value-adding alternative to the spot market. With a fixed price contract, you minimise your exposure to risks of increasing oil price levels as well as securing availability of fuel exactly when and where you need it.
The agreement is beneficial over spot market prices for periods where prices are higher compared to when the contact was agreed.
FLEXIBLE TERMS
Recognising it can be difficult to predict exact future needs for marine fuels, our fixed price agreements offer the flexibility of changing both port, period of delivery and product during the contract period within mutually agreed terms between customer and Monjasa.
CONTACT US
For more information about risk management, please contact your local Monjasa office or riskmanagement@monjasa.com.
