Shipowners, operators and charterers around the world are carefully preparing marine fuel supplies ahead of the IMO 2020 low-sulphur transition effective by 1 January 2020.
Monjasa will be supplying compliant Very Low Sulphur Fuel Oil (VLSFO) with a maximum of 0.5% sulphur broadly across our supply areas by Q4 2019.
Through our close relationships with oil majors and subcontractors, we have confirmed availability of adequate volumes of compliant fuel to satisfy our customers’ demand.
Compliance with ISO 8217 and PAS standard
Enabling a successful transition for the industry demands increased on-board operational expertise and detailed product knowledge. Both on the supplying and the receiving vessel.
Introducing VLSFO will result in a wider range of fuel formulations across the industry. Commingling blended products has always posed some uncertainty and will continue to do so after the introduction of VLSFO.
By sourcing marine fuel from the oil majors and applying our detailed knowledge of supply areas and fuel specifications, brings us comfort in enabling a successful transition.
Making VLSFO globally available
Monjasa will roll-out VLSFO supplies on a global scale and take full ownership of sourcing, shipping and supply of VLSFO in the following areas.
- West Africa
VLSFO will be made available across the region from the Gulf of Guinea to Namibia via the Monjasa operated SKS Darent (120,000 dwt), which serves as floating storage off Lome, Togo. Several of Monjasa’s 10 regionally deployed tankers are expected to supply low-sulphur products come 2020.
- Northwest Europe
Storage of VLSFO at Monjasa’s oil terminals in Portland Port, UK and Skaw, Denmark. A total of three Monjasa tankers are deployed in Northwest Europe.
- Panama Canal
Confirmed local storage of VLSFO and supply operations with three Monjasa vessels, incl. the newly acquired tanker, Accra, in Balboa. One tanker is deployed in Cristobal.
- Arabian Gulf
Sourcing VLSFO in Fujairah, three Monjasa operated tankers will be making VLSFO available across port areas in Dubai, Abu Dhabi and Sharjah and in the Gulf of Oman.
Here you can learn more about Monjasa’s first ship-to-ship supply of VLSFO which took place in Southampton in August 2019.
Please contact your local Monjasa office for more information on the IMO 2020 regulation and supply of VLSFO.