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Monjasa bags vital credit facility from French bank

Bunker company Monjasa has signed a credit facility with French bank Société Générale for USD 80 million. "We see the establishment of this new facility as a seal of approval in the robustness of our business model," says Monjasa's CFO in a comment on the agreement.

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Trafigura CEO: Continued oversupply on the oil market

2017 has been a year characterized by continued oversupply on the market for oil and oil products, says Trafigura's CEO in relation to the commodity trader's annual report. But the situation already looks brighter starting next year.

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