Minerva Bunkers, a bunkering outfit backed by Mercuria Energy Trading, is shutting down offices in Seoul and Piraeus as part of an internal restructuring.

“We centralised our European operations in Las Palmas and our Asian operations in Japan,” Mercuria Energy’s global head of corporate communications Matthew Lauer told TradeWinds in an e-mail.

The decision was taken today, he added.

TradeWinds understands that up to ten traders could be facing the chop.

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