Monjasa Holding managed to successfully navigate the disrupted global fuel markets in 2020. The year concluded with a 9% increase in total volumes and a net profit of USD 30m, reads the company website.
Marine fuel supplier Monjasa saw an 8.9% gain in its bunker sales volumes last year and a 13.2% rise in profits, despite a significant decline in the global market, with growth in Singapore and Panama the biggest drivers.
The company saw 4.9 million mt of bunker sales in 2020, up from 4.5 million...
https://mfame.guru/monjasa-witnesses-record-highs-despite-a-haphazard-year/