Chairman of the Board
Flemming Ipsen is a highly experienced shipping professional having served 34 years with the Danish Conglomerate A.P. Moller-Maersk Group.
During this period, Mr. Ipsen has taken on various roles within the Group, including Corporate Lawyer and Personal Assistant to Chairman, Mr. Maersk Mc-Kinney Møller and onwards to become President of Maersk Line Asia Region, CEO and President of Maersk Air and lastly in the role as Executive Vice President in A.P. Moller-Maersk A/S until 2011, where he concluded a long-stretching career with Maersk. Mr. Ipsen is best known for serving as Chairman of the Board at Danish founded international shipping group TORM A/S from 2013 to 2015.
Today, Flemming Ipsen is active in a number of Danish companies primarily within the maritime sector.
Following 10 years of presence in Stamford, Connecticut, oil and shipping group Monjasa, now expands further west and joins America’s largest oil and shipping community in Houston, Texas.
With an increasing number of customers and suppliers located in Houston, this is a natural next step for Monjasa Americas. Located downtown Houston, this daily presence brings new opportunities to bridge upstream and downstream business relationships as well as offering a new recruitment channel in the US Gulf region.
Soaring demand across the Americas
Since opening the first US-based office in Stamford, volumes have increased year on year.
Rounding 40,000 tonnes in 2011, Monjasa has experienced a soaring demand across the Americas region with total volumes reaching 1.4m tonnes in 2020. Strong demand in the Panama Canal and across US ports represent important drivers for this development.
Matching supply and demand across the supply chain is exactly where Houston and Monjasa are good for each other
“Houston and Monjasa are good for each other”
Monjasa introduced own supply operations in Houston just ahead of the IMO 2020 transition to more environmentally friendly marine fuels with a maximum 0.5% sulphur content.
“Today, we believe that Houston reflects a contemporary oil and shipping hub, where shipowners are giving more focus to logistics and product specifications than before IMO 2020. This massive area holds opportunities for making a real difference by bridging our oil and shipping relationships and ensuring availability of several different fuel grades and specifications. Matching supply and demand across the supply chain is exactly where Houston and Monjasa are good for each other,” says Rasmus Jacobsen, Managing Director, Monjasa Americas.
Monjasa operates three barges and supplies all main bunker grades across the Houston Greater Area, which includes 12 different supply locations ranging across more than 400 km.
Kelsey Ware leading developments
Trading Director Americas, Kelsey Ware, will be leading developments in Houston. Kelsey is originally from Houston and brings 13 years of experience from the oil and gas industry to Monjasa. At the same time, Trader, Thomas Cirillo is relocating from Stamford to Houston and will play an important role in securing a steady developing Monjasa presence in the US Gulf region.
New visiting address
Monjasa Inc.
1000 Main Street
Suite 3225, TX 77002
Houston, USA
Global oil and shipping group Monjasa acquires the 25,117-dwt flexi tanker Monjasa Trader (formerly named Neste) as new combined cargo and bunker vessel for its West Africa operations.
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The Monjasa Group presents a yearly Responsibility Report as a response to global challenges that require joint and prioritised efforts.
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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.
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In a pioneering tanker move, Monjasa enables outer anchorage bunker supplies off Cristobal. This means significantly less idle time for larger ships taking bunkers in the Panama Canal.
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Global oil & shipping group, Monjasa, has agreed terms for the Crude Oil Tanker, SKS Dokka (119,456-dwt), as new floating storage for its West Africa operations. At the same time, Monjasa data reveals the significant shift in product demand across the region following one year of IMO 2020 regulations in place.
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Oil and shipping group, Monjasa, acquires the oil and chemical tanker Monjasa Server (9,600-dwt) from Golden-Agri Stena.
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On 1 October 2020, Lotte Grønborg Lundberg joins the Monjasa Holding Board of Directors to take part in further sustaining Monjasa’s position as a global top-10 marine fuels supplier. Lotte comes with over 40 years of international maritime leadership and brings new competencies into play in the boardroom.
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This year, Monjasa presents the largest batch of Monjasa Oil & Shipping Trainees (MOST) since launching the programme in 2018. A total of 12 new trainees join Monjasa’s offices in Dubai, Panama, Limassol, Singapore, Fredericia and Copenhagen and will attend academic modules with the Danish Shipping Academy.
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