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Digital Editions

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Danish bunker company Monjasa has suspended trading activities with customers and suppliers in all Russian ports.

The company has also suspended trading and supplies with Russian-flagged vessels, Russian registered companies and companies and individuals with ties or affiliation to Russian ownership.

Monjasa has implemented restrictive measures on vessels destined to call or which have called Russian ports within a 30 days period. Vessels deployed for humanitarian purposes are exempted.

The company has also suspended purchase of oil products of Russian origin for further redistribution across its global logistics comprising 25 vessels.

‘Monjasa is deeply concerned about the ever-evolving Russia-Ukraine crisis and we are closely following the situation and the international sanctions imposed on Russia by multiple governments and supranational bodies,’ the company said in a statement sent to Bunkerspot.

‘It remains vital for Monjasa to align with international sanctions and we will continue to observe and navigate the Russia-Ukraine crisis developments and review our market response accordingly.’

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