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Monjasa acquires time-chartered bunkering tanker

14 Jun 2018

Independent Danish bunkering firm Monjasa has acquired the 3,600 dwt tanker, MT Fredericia for continued bunker operation in the English Channel.

The MT Fredericia is a 2008 purpose-built bunker tanker and focuses on fuelling vessels entering and exiting the special Emission Control Areas (SECA) zone.

The vessel was previously on time charter by Monjasa for several years, and currently performs bunkering operations in the Portland, Tongue Anchorage and Falmouth areas.

“We are seeing a steady demand for our services in the UK and this is also the reason why we decided to acquire the vessel,” says Group CEO, Anders Østergaard.

“Monjasa now gains full ownership of the supply chain as we already control all sourcing and storage of oil products at our oil terminal in Portland Port.” 

As part of the operations, MT Frederica currently completes several weekly supplies to cruise ships in nearby Southampton. The company has experienced an increase in number of fuel deliveries to this segment over the past two years and expects a busy period ahead.

In 2017, Monjasa supplied 700,000 metric tonnes (mt) of marine fuel across Northwest Europe – equivalent to 19% of the company’s total supply volume of 3.5 million mt.

Related: Monjasa posts profit, lower bunker sales volume

Photo credit: Monjasa
Published: 14 June, 2018

 

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