Bunker supply specialist Monjasa, which has a strong presence in the Middle East, recently carried out its first ship-to-ship supply of a new bunker fuel with a maximum 0.5% sulphur content. The operation, part of its efforts to help clients comply with the forthcoming IMO 2020 regulations, was completed in Southampton, UK, and included the supply of low sulphur VLSFO and conventional MGO fuels.
The next step for Monjasa is to build on this experience and roll out VLSFO supplies on a global scale. In the Middle East, VLSFO will be sourced in Fujairah, the company reports, and three Monjasa-operated tankers will be making VLSFO available across port areas in Dubai, Abu Dhabi and Sharjah as well as the Gulf of Oman.
Monjasa recently secured five tankers, totalling 37,500dwt, strengthening its position within the supply chain across core markets in the Arabian Gulf, West Africa and the Panama Canal. These five tankers can segregate between two and six different types of oil products onboard. Monjasa took delivery of the first two tankers in Dubai in August and the remainder will be delivered over the next few months. In total, Monjasa now controls some 20 tankers globally of which 10 are fully owned.