• Follow Us On Our Preferred Social Media Platform:
News / Business/ Monjasa acquires full ownership of five bunker tankers ahead of IMO 2020

Monjasa acquires full ownership of five bunker tankers ahead of IMO 2020

28 Aug 2019
news image

Global bunkering firm Monjasa on Tuesday (27 August) said it has attained full ownership of five tankers totalling 37,500 dwt.

The development means it extends ownership of the supply chain across core markets in the Arabian Gulf, West Africa and the Panama Canal at a critical point of time in bunkering and shipping ahead of IMO 2020.

“Last year, we increased our total supply volume by 17% to 4.1 million tonnes of marine fuel and we continue to see a growing demand for our services. This is also part of the reason we are now purchasing five quality tankers,” says Group CEO, Anders Ostergaard.

“We are on the brink of bringing new low-sulphur fuel products to the market and the entire industry needs to adapt to a new multiple products demand.

“These five tankers can segregate between two and six different types of oil products onboard and this contributes to making them an attractive investment for us.

“Coupled with an average age of 10 years the tankers are fully-furnished to handle the leap in quality required to perform bunker operations come 2020.”

All five tankers will be deployed for continued bunker operations in Monjasa core markets in the Arabian Gulf, West Africa and the Panama Canal.

On 15 August, Monjasa took delivery of the first two tankers in Dubai. The remaining tankers will be delivered during the coming months.

In total, Monjasa controls some 20 tankers globally of which 10 are fully owned.

The five tankers are as follows:
Aarhus
3,798 dwt – year built 2009

Delhi
3,802 dwt – year built 2009

Amsterdam
8,839 dwt – year built 2009

Accra
8,839 dwt – year built 2010

Annie
12,222 dwt – year built 2004

Related: Monjasa adds “C Force” to UK and Northern France bunkering fleet
RelatedMonjasa acquires time-chartered bunkering tanker
RelatedMonjasa expands ops to Northern France, adds bunker tanker
RelatedMonjasa FY2018 net profit down 29%, bunker sales up 17% on year
RelatedVietnam: Monjasa introduces new office at Ho Chi Minh City
RelatedMonjasa expands Panama ops with largest bunker tanker

Photo credit: Courtesy of Monjasa
Published: 28 August, 2019

 

Our Industry Partners

RSS Fields