Monjasa DMCC awarded Best Maritime Company

Jun 9, 2016

On 31 May 2016, Managing Director for Monjasa DMCC, Mikkel Jacobsen, proudly received the Dubai Multi Commodities Centre (DMCC) Award for Best Maritime Company 2016. The DMCC counts +12,000 leading businesses in Dubai and the judging panel emphasised several years of successful growth and Monajsa’s approach to quality and risk management as main reasons for the acknowledgment.

DMCC launched the Members Awards to recognise top performance, innovation and growth across 21 awards categories and +12,000 companies based in its Free Zone in Dubai. 


Mikkel Jacobsen, Managing Director for Monjasa DMCC, comments:  

“I am truly honoured to receive this DMCC Award for Best Martime Company 2016 on behalf of Monjasa. In particular, since some of the world’s greatest maritime and shipping companies are also part of the DMCC. However, this award is not for me but for all my colleagues on land and at sea who play an important role in advancing sea trade in the U.A.E. and West Africa. 


Two colleagues started up Monjasa DMCC exactly 10 years ago and since then, we have grown considerably in both size and financial strength. Today, we are an ISO and OHSAS certified company with 150 colleagues and operating 25 ships on a daily basis.


We have always felt the support and warm hospitality from the local authorities and I can promise that Monjasa will remain a long-term community partner in Dubai.”         

This is what the judging panel said about Monjasa’s achievements:

“Founded in 2006, Monjasa DMCC’s staff and fleet size has increased year on year in Dubai, operating throughout the Arabian Gulf and West Africa. Monjasa’s commitment to compliance and risk management makes the company part of an exclusive club of Bureau Veritas certified bunker suppliers.”


You find the official DMCC announcement here


DMCC Award underlines worldwide strong financial position

The Monjasa Group recently released the Annual Report 2015, which revealed another positive year for the Group. 


In this occasion, Monjasa Group CFO, Kenneth Henriks stated: “The 2015 financial performance is a strong testimony of Monjasa’s operating model of risk mitigation and exhibits the consolidation process set out by the management two years ago. With several customer segments experiencing very difficult market conditions, we are indeed pleased to record a growing demand for our global services. This means that we are making a difference for our customers.” 


“Presenting consolidated Group equity of +140 USD million and an equity ratio of 40 percent, I can safely say that Monjasa is in a very good financial position and well equipped to accommodate future growth.”


Monjasa Group’s operations (EBIT) of the year reached USD 30m, against USD 35m in 2014, while the net result amounted to USD 24m compared to USD 22m the previous year.


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