Monjasa increased its profit in 2019

Bunker company Monjasa increased its bottom line significantly in 2019, while revenue and volumes also grew. Owner and CEO Anders Østergaard points to the new sulfur regulations as part of the explanation.

Photo: PR / Monjasa

Danish bunker company Monjasa increased its profits in 2019, partly due to the new environmental regulations on bunker fuel.

The bottom line for the group, which is headquartered in Fredericia, Denmark and has offices around the world, came to a DKK 180 million (USD 26 million) profit. This is a significant increase compared to the year before, when the profit landed at DKK 34 million.

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