And it is fully insured for any losses arising from the bankruptcy of Denmark’s third-biggest company.

“For Monjasa, the events have only very limited commercial effect,” it said.

“In our view, the worldwide bunker market should not experience any long-term problems absorbing the demand arising from the sad circumstances.”

The company has noted a “slight increase” in the number of inquiries and orders, plus marginally higher interest in its worldwide job vacancies.

It