Business

Monjasa sets up new barge operation and office in Rio de Janeiro

Monjasa commenced Marine Gasoil supplies to offshore and shipping industries by barge and truck as of 13 September and has chartered barge TWB-250 for new operation.

Published

2 years ago

September 15, 2022

Admin

Global oil and shipping group Monjasa on Wednesday (14 September) announced further expansion across the Americas with new barge operation and office location in Rio de Janeiro, Brazil.

Monjasa already has three existing offices in Panama City, Stamford and Houston.

The Brazilian oil and gas market is undergoing some important changes which leave further room for international companies such as Monjasa to enter the local marine fuel markets. Consequently, as of 13 September, Monjasa commenced Marine Gasoil (MGO) supplies to the offshore and shipping industries by barge and truck.

The overall Brazilian marine fuels market is estimated at 5-6m metric tonnes yearly.

“The maritime logistics in Rio de Janeiro can be challenging. This is a true niche market where understanding the local regulations and product flows in detail are prerequisites for running the daily operations. Monjasa’s decision to establish ourselves in Rio de Janeiro comes from a sincere conviction that we can make a difference for offshore operators and shipowners,” said Managing Director, Rasmus Jacobsen.

“The new barge operation brings additional scale and flexibility to customers refuelling in Rio de Janeiro”

“Monjasa has a history of entering more complex markets in West Africa, the Middle East and Latin America and we have been working for several years to meet the demand for more streamlined and transparent marine fuel operations in Rio de Janeiro too.”

MONJASA TAKES BARGE ON TIME CHARTER

Recently, Monjasa has been supplying marine fuels by trucks only and the new barge operation brings additional scale and flexibility to customers refuelling in Rio de Janeiro.

Monjasa has agreed time charter terms for the barge, TWB-250, which offers a loading capacity of 1,500cbm. The barge is oil major approved and meets all operational offshore quality and safety requirements.

ALINE VAZ LEADING LOCAL DEVELOPMENTS

Monjasa emphasises strong personal relationships across the local oil and shipping communities and will also establish a permanent office in Rio de Janeiro as part of the expansion.

Bringing vast experience from the Brazilian bunker industry, Trader, Aline Vaz, will be leading future developments, including establishing the local office and organisation in the Botafogo area.

New office address:

Edificio Argentina,
Praia de Botafogo, 228 – Botafogo,
Rio de Janeiro – RJ, 22250-906
Brazil

Photo credit: Raphael Nogueira on Unsplash
Published: 15 September, 2022

LNG Bunkering

China: Ningbo Zhoushan Port completes first LNG bunkering operation for 2025

Bunkering vessel “Hai Yang Shi You 302” supplied more than 10,000 cubic metres of LNG bunker fuel to containership “MSC Adya” at the Ningbo-Zhoushan Port port on 5 January.

Published

3 days ago

January 10, 2025

Admin

China: Ningbo Zhoushan Port completes first LNG bunkering operation for 2025

Zhejiang Pilot Free Trade Zone Zhoushan Area on Wednesday (8 January) said Ningbo-Zhoushan Port successfully completed its first LNG bunkering operation for the year.

Bunkering vessel Hai Yang Shi You 302 supplied more than 10,000 cubic metres (m3) of LNG bunker fuel to containership MSC Adya at the port on 5 January.

Zhejiang Seaport International Trading, the bunker supplier for the operation, successfully obtained the Zhoushan Anchorage LNG bunkering licence in June 2024, extending refuelling services from dock to sea.

The company’s services cover Meishan, Chuanshan, Daxie and other port areas.

As China's first river-sea LNG transport and bunkering ship, Hai Yang Shi You is currently placed permanently at Ningbo Zhoushan Port, providing a variety of bunkering methods such as ship-to-ship and ship-to-shore.

Zhejiang Seaport International Trading will continue to expand the scope of bonded LNG bunkering operations and new alternative fuels such as green methanol, ammonia and biofuels in the Zhoushan Area.

Photo credit: Zhejiang Pilot Free Trade Zone Zhoushan Area
Published: 10 January, 2025

Business

Shandong Port Group bans US-sanctioned tankers from entering its ports

Group has prohibited ports to dock, unload or provide ship services to vessels on the Office of Foreign Control list managed by the US Department, according to a Reuters news report.

Published

3 days ago

January 10, 2025

Admin

Shandong Port Group bans US-sanctioned tankers from entering its ports

China’s Shandong Port Group has reportedly blocked tankers affected by US sanctions from entering its ports, according to an exclusive news report by Reuters on Wednesday (8 January).

Citing a notice from the port, which was issued on 6 January and shared to Reuters by traders, the Group has prohibited ports to dock, unload or provide ship services to vessels on the Office of Foreign Control list managed by the US Department.

In another notice released on 7 January, the ban came after sanctioned tanker Eliza II unloaded at Yantai Port in early January.

Shandong Port operates major ports on the east coast of China including Qingdao, Rizhao and Yantai, which are major terminals for importing sanctioned oil.

The traders said the ban could slow imports into China, the world’s largest oil importing nation, and increase shipping costs.

Photo credit: Shandong Port Group
Published: 10 January, 2025

Business

US DoD designates COSCO Shipping and CNOOC as ‘Chinese military companies’

COSCO Shipping has responded that the company and its subsidiaries ‘have consistently adhered to local laws and regulations, maintaining strict compliance in all international operations’.

Published

3 days ago

January 10, 2025

Admin

China: Cosco Shipping and bp to explore collaboration into methanol bunker fuel

The US Department of Defense (DoD) on Tuesday (7 January) has added China’s state-owned shipping company COSCO Shipping and two of its subsidiaries to its list of companies for allegedly having links to the Chinese military.

The subsidiaries are COSCO SHIPPING (North America) and COSCO SHIPPING Finance.

DoD released the update to the names of "Chinese military companies" operating directly or indirectly in the United States in accordance with the statutory requirement of Section 1260H of the National Defense Authorisation Act for Fiscal Year 2021. The Department said it will update the list with additional entities as appropriate.

Updating the Section 1260H list of "Chinese military companies" is an important continuing effort in highlighting and countering the People’s Republic of China's (PRC) Military-Civil Fusion strategy, DOD added.

The list also included other Chinese shipping-related companies such as shipbuilders China Shipbuilding Trading and China State Shipbuilding Corporation, oil company China National Offshore Oil Corporation (CNOOC), CNOOC China and CNOOC International Trading.

Shipping container manufacturer China International Marine Containers (CIMC) was also included on the list of companies.

In a response to the move, COSCO Shipping said it has noted the recent inclusion of the company and its subsidiaries to the sanctions list.

“COSCO Shipping and its subsidiaries have consistently adhered to local laws and regulations, maintaining strict compliance in all international operations,” it said on its website.

“We remain committed to facilitating global trade and providing high-quality commercial shipping and logistics services to clients worldwide, including agricultural producers, manufacturers, energy firms, retailers, and exporters in the United States.”

“We emphasise that none of the aforementioned companies are ‘Chinese military companies’. We will engage with U.S. authorities to clarify this matter. This designation does not impose sanctions or export controls, and our global operations will continue uninterrupted.”

Photo credit: COSCO Shipping
Published: 10 January, 2025