Monjasa downplays LNG expectations

Just a year ago Monjasa expressed strong confidence in an LNG market from as early as 2015. Now the bunker supplier admits that this might have been too optimistic. The industry is still far away from that, CEO tells ShippingWatch.

Bunker supplier Monjasa is no longer a major optimist in terms of a coming market for LNG, says CEO Jan Jacobsen in an interview with ShippingWatch.

And this is a completely new stance compared to just one year ago when Monjasa announced that the company would now start to really pursue green shipping and work with various LNG projects. The company expected to be able to supply the its customers with the more environmental fuel starting in 2015.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

LNG carriers concerned about increasing ship prices

The price on new LNG vessels has soared vigorously, and for Flex LNG this has meant a withdrawal from the market for new ships. Such was the statement by Flex LNG’s chief exec at Marine Money in New York, where he also announced new long-term charter agreements.

Maersk ships delayed up to three weeks on US east coast

Bottlenecks at major container ports on the US east coast have entailed that Maersk vessels are affected by delays of up to three weeks. It’s a combination of congestion, many ships, and a lack of container space, Maersk says.

SDK Freja anticipates steep earnings drop following record year

Logistics company SDK Freja, which delivered record financials with great advancement on top and bottom lines, takes a more gloomy view of the current fiscal year due to several ”external factors.” However, the growth target remains the same, CEO tells ShippingWatch.

Further reading

Related articles

Latest news

See all jobs