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Monjasa adds tankers in West Africa amid high bunker fuel demand from Red Sea crisis

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Fleet additions come at a time where West Africa sees a higher marine fuels demand compared to 2023 levels due to prolonged rerouting of cargo ships around Cape of Good Hope to avoid Houthi attacks in Red Sea.
Monjasa adds tanker duo in West Africa amid high bunker fuel demand from Red Sea crisis

Monjasa on Wednesday (10 July) said it finalised the acquisitions of two additional tankers, 17,200 dwt Monjasa Rover and 7,858 dwt Monjasa Hunter.

The Monjasa Hunter joined as a unique fleet addition targeting length-restricted offshore oil and gas vessels in West Africa, including FPSOs. 

Its length, being less than 110m, allows it to go alongside oil rigs and platforms and thereby adding flexibility for the offshore oil and gas operators from the Gulf of Guinea down to Namibia.

These fleet additions come at a time where West Africa sees a higher marine fuels demand compared to 2023 levels due to the prolonged rerouting of cargo ships around Cape of Good Hope to avoid Houthi attacks in the Red Sea.

Monjasa Rover

Following this double tanker acquisition, Monjasa now controls more owned than chartered tonnage for the first time since its establishment in 2002. The Monjasa fleet now stands at 16 owned and 15 time charter vessels.

“Unlike our other tankers in West Africa, which are too big in size for this purpose, Monjasa Hunter offers a distinct advantage for offshore operators in the region. Thanks to her length overall of 101m and her relatively large carrying capacity compared to her size, Monjasa Hunter can support niche length-restricted fuel operations, including FPSOs,” said Group Shipping Director, Torben Maigaard Nielsen.

Monjasa took delivery of Monjasa Rover (formerly Fure Nord) in Riga, Latvia and Monjasa Hunter (formerly Annelise Theresa) in Istanbul, Türkiye, respectively and both vessels are now in operation.  

Overall, Monjasa’s West Africa operations consist of around 10 tankers while the Middle East & Africa region accounts for 28% of the company’s total volume of 6.5m tonnes of marine fuels supplied in 2023.

MONJASA HUNTER

Year built: 2009
Flag: Liberia
DWT: 7,858
LOA: 101m 
Beam: 19m
IMO: 9478286

MONJASA ROVER

Year built: 2004
Flag: Liberia
DWT: 17.200
LOA: 144m
Beam: 22m
IMO: 9271884

 

Photo credit: Monjasa
Published: 11 July 2024

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