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Monjasa reassigns bunker barge to Panama Canal, reducing fuelling times by two days

10 Mar 2021

Global oil and shipping group Monjasa Ltd on Tuesday (9 March) said it has enabled outer anchorage bunker supplies off Cristobal which significantly reduces idle time for larger ships taking bunkers at the Panama Canal. 

As such, Monjasa also brought 8,839-dwt MT Monjasa Supplier from Dubai to Panama to further sustain the attractiveness of Panama as a leading global shipping hub.

Monjasa Supplier is already in full operation supplying LSMGO and VLSFO, and for the first time the Panama Canal now sees feasible bunker only calls at Cristobal’s outer anchorage.

All ships transiting the Panama Canal from Cristobal to Balboa usually experience varying waiting times. 

However, while smaller vessels can use the time for taking bunkers, larger vessels exceeding inner anchorage restrictions do not have the same opportunity to optimise voyage costs. Instead, they have had to once again drop anchor to refuel upon arrival at Balboa.

Thus, compared to the existing local barge fleet, Monjasa Supplier’s rough weather capabilities makes a significant difference to shipping companies by reducing idle time by 24-48 hours.

“Presenting modern bunkering options is an important contributor to an overall attractive global shipping hub,” said Rasmus Jacobsen, Managing Director, Monjasa Americas. 

“Panama is a great historic shipping destination and as a local partner to the maritime community, Monjasa aims to strengthen operations and evolve the bunker industry by improving tonnage quality and flexibility around the Panama Canal.” 

Against an average age of 32 years and an average size of 3,100-dwt on bunker barges in the Panama Canal, Monjasa Supplier (built 2010) joins her sister vessel, MT Accra, which is already operated by Monjasa at Balboa. 

Together, they now represent the two largest and most modern tankers in Panama, including onboard segregation of several fuel types matching post-IMO 2020 quality demand.

In total, Monjasa manages four vessels in the Panama Canal and currently ranks as one of the largest marine fuels suppliers in Panama.

Related: Monjasa welcomes ‘SKS Dokka’ as new floating storage for West Africa bunker operations


Photo credit: Monjasa
Published: 10 March, 2021

 

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