Monjasa Holding notes setback from dire shipping market

Difficult market conditions for customers and a low oil price took a toll on Monjasa Holding as revenue declined in 2015. The result remained at the same level as in 2014 and overall the company is pleased with the year, Kenneth Henriks, Monjasa Group CFO, tells ShippingWatch.

The dark clouds in shipping are now casting a shadow on Denmark's Monjasa Holding which covers several companies and is mainly known for its bunker business.

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