Monjasa hopes to shake up Red Sea market with new Djibouti bunker operation
Marine fuel supplier says Djibouti is ‘fast developing’ into an attractive bunker destination on the Suez waterway as improved security along the Gulf of Aden offers shippers new opportunities. The company hopes to challenge traditional Suez and Jeddah bunker markets with a fully operational bunker business in Djibouti that offers all ISO-specified fuel grades
Monjasa expects a 200,000 tonne increase from its Djibouti supply location
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