News

2019 January 22 18:05

Monjasa steps up as the 2nd largest local bunker supplier in the Panama Canal in 2018

Delivering 450,000 tonnes of marine fuel in the Panama Canal in 2018, Monjasa steps up as the 2nd largest local bunker supplier. To further bolster supply quality ahead of IMO’s 2020 Sulphur Cap, Monjasa now brings in the Canal’s largest and youngest tonnage to challenge status quo, the company said in its release.

Every year, global shippers take around 4.5 million tonnes of bunkers in the increasingly busy Panama Canal.

Right now, everyone in the shipping and bunker industries is preparing to meet IMO’s environmental low-sulphur fuel requirements coming into effect on 1 January 2020. As one of Panama’s leading suppliers seeing yearly sales volume of 450,000 tonnes of marine fuel, Monjasa thus plays a significant part in enabling this transition regionally.

The 2010-built and 8,800 dwt tanker, Accra, is part of the solution.

As part of a fleet reshuffle, Accra arrived in Panama after forming part of Monjasa’s West Africa bunker operation. The tanker fast received all safety and operational approvals from the Panama Maritime Authorities and completed her first fuel supply at Balboa Anchorage on 18 January.

Monjasa manages two additional barges in the Panama Canal – one in Balboa and one in Cristóbal – and currently delivers around 40,000 tonnes of bunkers monthly.