International bunkering firm Monjasa on Tuesday (12 March) said it has started a new office at Ho Chi Minh City, Vietnam due to the “right time” following 11 years of presence in Singapore.
Chief Representative, Jimmy Nguyen, who has been with Monjasa for five years, will relocate from Singapore to head Monjasa’s new Vietnam office.
“We already service a lot of local and international ship owners in the area, so a new office in Vietnam is the natural next step for us,” said Morten Jacobsen, General Manager at Monjasa’s Singapore office.
“In Vietnam, personal relations are crucial when doing business, and that is exactly how we want to do business.
“It provides us with the opportunity of meeting more customers face-to-face, understand their business and build further on our relations.”
The company notes worldwide bunkering operations at offshore and in port requiring a strong and uncompromising commitment to quality.
“Our opportunities of making a difference for customers and suppliers in this part of the world are promising,” adds Jacobsen.
“In the current market, we see quality management and compliance as a prerequisite to work in bunkering and we bring in an operating model backed by ISO standards and vetting of our suppliers.
“In combination with profound knowledge of the culture, business and language, we are excited to open this new chapter.”
The address of Monjasa’s Vietnam office is as follows:
Monjasa Pte. Ltd. (Vietnam)
Bitexco Financial Tower
2 Hai Trieu Street
#56-03
District 1, Ho Chi Minh
Vietnam
Published: 13 March, 2019
The meeting will be held at the office of financial advisory KordaMentha to resolve that the Liquidator’s fees and disbursements for the liquidation be approved.
Lawyers of the ex-Regional Marine Manager of BP Singapore, the Executive Director of Pacific Prime Trading, and Deputy Public Prosecutors were present at the State Courts on Wednesday.
‘If for some reason we need to burn more fuel oil [...] I would ask myself, “Why does Germany burn 38% coal?'" Morales said. ‘Because that is what they have.’
Bunkering sector to see frequent and significant price swings depending on location and availability, updates CEO.
‘We also support an introduction of mandatory MFM in the port on board of the bunker barges,’ says KVNR.
Parent company HWTT saw IMO 2020 as an opportunity to revamp a vacuum distillation unit; it has a nameplate capacity of approximately 2.5 million tons of LSFO per year.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.
‘We [Consort Bunkers] have the opinion that the bunker business in Singapore is not related to the widely reported earlier cargo commodity trading mishaps,’ company source tells Manifold Times.
Representatives of INTERTANKO, Helmsman and Rajah & Tann gather to discuss IMO 2020, legal frameworks for the purchase and supply of alternative marine fuels, and the handling of bunker claims.
