Major staff reshuffle at Monjasa after fraud conviction
Monjasa is replacing its director of the Danish business, Ricky Kenbjerg. The business in Denmark has shrunk significantly after the group moved its headquarters to Dubai. The bunker industry is relieved that a name has finally been attached to the case.
BY JESPER HØBERG, FINANS and TOMAS KRISTIANSEN, SHIPPINGWATCH
Ricky Kenbjerg is now stepping down as director of Monjasa in Denmark, Monjasa A/S, after heading the company for two years.
The multinational commodity trader navigated through a turbulent market in fiscal 2022, which ended in September, but nonetheless closed the year with a record result. Challenging conditions will carry on into 2023.
Serious dissatisfaction is emanating from European capitals regarding the Energy Charter Treaty for protecting fossil energy investments, thus prompting the EU Commission to assess its options for a collective exit.