Monjasa reaps fruit from IMO 2020 preparations

OFFSHORE ENERGY | Danish bunker company Monjasa reported an improved business performance on the back of the sulphur cap regulation that entered into force on January 1, 2020, marking a global transition of ships to cleaner fuels. The company said that its volumes were up by 10 per cent reaching 4.5 million metric tons (mts) driven primarily by greater demand from the Americas. The demand saw a 35% increase from the region reaching a total of 1,150,000 mts.

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