Monjasa books "very unsatisfactory" loss in West Europe

Monjasa's West Europe activities booked a "very unsatisfactory" result for 2017, in a year characterized by fierce competition in the bunker market. 2018 does not look set to be much better, says the company in its financial report.

by SØREN PICO

There is fierce competition among the bunker companies these years in a market strained by higher oil prices and lower cargo volumes.

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