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Monjasa opens new office in Houston

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Following 10 years of presence in Stamford, Connecticut, oil and shipping group Monjasa, now expands further west and joins America’s largest oil and shipping community in Houston, Texas.


With an increasing number of customers and suppliers located in Houston, this is a natural next step for Monjasa Americas. Located downtown Houston, this daily presence brings new opportunities to bridge upstream and downstream business relationships as well as offering a new recruitment channel in the US Gulf region.

Soaring demand across the Americas

Since opening the first US-based office in Stamford, volumes have increased year on year.

Rounding 40,000 tonnes in 2011, Monjasa has experienced a soaring demand across the Americas region with total volumes reaching 1.4m tonnes in 2020. Strong demand in the Panama Canal and across US ports represent important drivers for this development.   

Matching supply and demand across the supply chain is exactly where Houston and Monjasa are good for each other

“Houston and Monjasa are good for each other”

Monjasa introduced own supply operations in Houston just ahead of the IMO 2020 transition to more environmentally friendly marine fuels with a maximum 0.5% sulphur content.

“Today, we believe that Houston reflects a contemporary oil and shipping hub, where shipowners are giving more focus to logistics and product specifications than before IMO 2020. This massive area holds opportunities for making a real difference by bridging our oil and shipping relationships and ensuring availability of several different fuel grades and specifications. Matching supply and demand across the supply chain is exactly where Houston and Monjasa are good for each other,” says Rasmus Jacobsen, Managing Director, Monjasa Americas.

Monjasa operates three barges and supplies all main bunker grades across the Houston Greater Area, which includes 12 different supply locations ranging across more than 400 km.  

Kelsey Ware leading developments

Trading Director Americas, Kelsey Ware, will be leading developments in Houston. Kelsey is originally from Houston and brings 13 years of experience from the oil and gas industry to Monjasa. At the same time, Trader, Thomas Cirillo is relocating from Stamford to Houston and will play an important role in securing a steady developing Monjasa presence in the US Gulf region.


New visiting address

Monjasa Inc.
1000 Main Street
Suite 3225, TX 77002
Houston, USA

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Monjasa swaps floating storage in shifting West Africa product market

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Global oil & shipping group, Monjasa, has agreed terms for the Crude Oil Tanker, SKS Dokka (119,456-dwt), as new floating storage for its West Africa operations. At the same time, Monjasa data reveals the significant shift in product demand across the region following one year of IMO 2020 regulations in place. 

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Monjasa Holding appoints Lotte Grønborg Lundberg as new Member of the Board of Directors

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Lotte Grønborg Lundberg

On 1 October 2020, Lotte Grønborg Lundberg joins the Monjasa Holding Board of Directors to take part in further sustaining Monjasa’s position as a global top-10 marine fuels supplier. Lotte comes with over 40 years of international maritime leadership and brings new competencies into play in the boardroom.

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Monjasa accelerates trainee programme as shipowners’ service demands are shifting

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This year, Monjasa presents the largest batch of Monjasa Oil & Shipping Trainees (MOST) since launching the programme in 2018. A total of 12 new trainees join Monjasa’s offices in Dubai, Panama, Limassol, Singapore, Fredericia and Copenhagen and will attend academic modules with the Danish Shipping Academy.

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Expanding capacity in America’s top bunkering destination

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Globally operating shipping companies represent an increasing share of Monjasa’s total marine fuels supply. As a direct result, Monjasa is further developing its services in America’s top bunkering destination.

The Houston Greater Area welcomes 1,375 vessel arrivals monthly and sees marine fuels demand of an estimated 4.5-5 million metric tonnes (mts) yearly. To further cater for an increasing demand, Monjasa now extends local supply capacity and product loading options.

“One important element has been to enter the market with a transparent operation and implementing Monjasa’s global customer satisfaction programme upon each supply operation. In this way, we get to follow up on each delivery and learn from the feedback and ratings we receive.”

Expanding monthly capacity to 40,000 tonnes

A key enabler to enhance operation flexibility is by adding an additional barge on time charter as of July 2020. This improved operation can now accommodate around 60 deliveries and supply 40,000 mts monthly.

In combination with improved access to loading products from five different oil terminals across Houston, Texas City and Galveston, Monjasa increases logistical efficiency and reduces costly waiting time for the receiving vessels.

With a dedicated Monjasa operations team handling all logistics directly with the customer, it is possible to offer a personal service and work independently of third parties. 

“Personal business in Houston”

“No matter where shipowners and operators engage with Monjasa, they must always meet the same quality standards. In Houston, we have focused on finding the right solutions to the challenges met by our global customers and building personal relations with business partners throughout the area.”

 “One important element has been to enter the market with a transparent operation and implementing Monjasa’s global customer satisfaction programme upon each supply operation. In this way, we get to follow up on each delivery and learn from the feedback and ratings we receive,” says Rasmus Jacobsen, Managing Director, Monjasa Americas.

Increasing demand across the Americas

Monjasa Americas has experienced a significant increase in demand throughout the past three years.

From supplying 400,000 mts in 2016, the Monjasa Group Annual Report 2019 shows that total volume has increased to 1,150,000 mts, equivalent to a 188% increase across the Americas in three years.

Panama, Colombia and Houston make up the main supply areas, while trading demand in the ports of New York, Philadelphia and New Orleans is fast-emerging.

Overall, the Monjasa Group controls a fleet of some 20 tankers and supplied 4.5 million mts worldwide during 2019.

 

For more information on Monjasa’s supply activities in Houston, please contact our Houston supply team at americas@monjasa.com.

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