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Bunker One takes over Monjasa's Skagen oil terminal

Monjasa has struck a deal with Bunker One entailing that the Bunker Holding subsidiary will take over an oil terminal in Northern Denmark. Monjasa will instead increase its focus on the UK and France.

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Bunker One, the physical business leg of parent company Bunker Holding, will take over an oil terminal situated in Skagen, Northern Denmark, from Monjasa, the former writes in a statement.

"We have had a very positive dialogue and process with Monjasa about taking over the very well-run terminal in Skagen and we are proud of closing a deal that benefits all parties," says Carsten Klausen, managing director of Bunker One, in the statement.

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