NOFOTA stands for Netherlands Oils, Fats and Oilseeds Trade Association, being the Dutch umbrella-organisation of companies concerned with the production, consumption and trade of vegetable and animal oils and fats, oilseeds and their derivatives.
NOFOTA is founded in 1918, established as the Nederlandsche Bond voor den Handel in Vetten, Oliën en Oliezaden, has approximately 150 members. A-members (kindred organisations), B-members (producers, consumers, traders and brokers) and C-members (organisations concerned with the production and trade such as storage companies, laboratories, banks etc.).
It draws up standard contracts, which are of international usage. The latest version of the NOFOTA Trading Rules can be downloaded here (version 1 January 2023). Moreover it provides a mechanism for the settlement of disputes by its arbitration institute.
As per 1 February 2023 both Odin-RVB Tankstorage B.V. and Volharding Tankrederij B.V. are members of the association.
read moreMembers who did not receive an invitation are adviced to contact the secretariat.
read moreMore information together with registration will follow next month.
read moreThe Trading Rules have been updated and in force from 1 January 2023. You can donwload them from the home page as well as from the “Publications” tab.
read moreThe non-business days in 2023 are now published on the website under the tab “about us”. Those in 2022 are also still available.
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