Monjasa confirms deficit of USD 26 million
Danish bunker group Monjasa presented financial figures Tuesday showing a USD 26 million loss. "It's hard to protect yourself from a global shipping crisis," says CEO Anders Østergaard. First quarter 2017 saw a profit, informs the company.
![Monjasa based in the Danish city Fredericia, but trades and supplies oil and marine fuel around the world with West Africa as an important market. | Photo: /ritzau/Joachim Ladefoged](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article9595751.ece/ALTERNATES/schema-16_9/monjasa10.jpg)
Since this article was published, Denmark's Western High Court has cleared Monjasa and Jan Jacobsen of all charges.
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