FOSFA International Contract Forms provide the basis for the standardisation of trading terms that facilitate the international trade in oilseeds, oils and fats. The role of the Contracts Committee is to draw up and modify the Contract Forms to take account of legal decisions made by the Courts or changes in the custom and practice of the trade in general, or in a particular sector, so they remain valuable, relevant, fair and trustworthy to the trade.
The committee works alongside the Oilseeds and Oil & Fats committees to ensure our standard Contract Forms represent the needs of the trade.
Members of the Contracts Committee have extensive experience in the global trading of oils, seeds and fats and represent a fair balance between shippers and buyers. The Chair also sits on the Council.
Tapcom (International) Ltd
FOSFA International
John Smith
Representing ANEC
Cargill BV – Refined Oils Europa
IOI Global Services Sdn Bhd
ADM Europoort BV
Guangzhou Green Oil Industrial Co Ltd
Representing NOFOTA
Cargill International SA
Philip Noyce
Roger Rookes
Jakob S Smid
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Full Membership | Associate Membership | |
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Attend meetings | ||
Vote in meetings | X | |
Serve on committees | X | |
Elect Full Broker members or one of their representatives to serve on the Federation’s section committees | X | |
Nominate as many representatives as they wish, but only one shall be included in the basic subscription | ||
Receive a discount on services provided by the Federation, should the Council allow | ||
Benefit from free use of the consultancy and advisory service (except where legal or specialised advice is provided and charged to the Federation) where costs shall be passed on, but under notice |