Monjasa welcomes âSKS Dokkaâ as new floating storage for West Africa bunker operations
23 Dec 2020
Global oil and shipping group Monjasa Ltd on Monday (23 November) said it has agreed to the terms for the Crude Oil Tanker, SKS Dokka (119,456-dwt), to be the new floating storage for its West Africa operations.
At the same time, Monjasa said its data reveals a significant shift in product demand across the region after one year of IMO 2020 regulations coming into effect.
Today, West Africa has the fastest growing population of any region in the world. In a global trade context and considering that approximately 90% of all goods are being transported by sea, this development puts great demands on the regionâs maritime logistics, it added.
Shipping-Gate: Why Toxic VLSFO ‘Frankenstein Fuel’ Is Such A Danger For The Planet
A made-up fuel introduced this year into the world’s largest ships has been found to contain serious flaws.
It is currently being used by over 70% of major ships around the world. This new type of fuel is responsible for causing serious mechanical and engine failures that have led to shipping disasters, and is more polluting than the fuels used by ships before.
An alarming series of top secret industry reports is painting a picture of a hazardous new fuel (called Very Low Sulfur Fuel Oil or VLSFO) having been introduced into the fuel tanks of global shipping, without sufficient safety testing, training of crew, or regulatory oversight.
Monjasa Swaps Floating Storage, Gives Details of IMO 2020 Impact on WAF Bunker Demand
by Ship & Bunker News Team
Tuesday December 22, 2020
Monjasa Monday gave insights into IMO 2020 s impact on bunker demand in the
West Africa (WAF) market alongside news it was switching its floating storage options in the region. In terms of its floating storage in the region, Monajsa says that on December 16, 2020 the
119,456 dwt
SKS Darent.
Lomé, Monjasa currently operates a fleet of around
10 tankers in West Africa and has local offices in
Angola and
Namibia. As for the impact of new fuel rules, like most markets the year WAF has witnessed a dramatic shift in product demand as most vessels have moved away from HSFO to burning VLSFO fuel in response to the IMO 2020 rule introduced on January 1, 2020.
West of England Bunker Fuel Quality Advisory Service
The introduction of the Very Low Sulphur Fuel Oil (VLSFO) type into the family of the existing fuel grades, following the 2020 changes to MARPOL Annex VI, has made the picture even more diverse than before.
West of England has joined forces with Veritas Petroleum Services (VPS) – a market leader in marine fuel testing, data, and intelligence services – to provide a unique set of statistics based entirely on bunker fuel sample analysis results obtained by VPS.
Information on important fuel quality parameters such as viscosity, density, sulphur content, instability, etc. are derived from observed average values, as well as off-specification occurrences. The information can readily be seen for the 10 top bunkering ports (by volume) within West’s global information portal Neptune. The statistics are updated every two weeks. Please note however that Neptune is only available to current Members of the Club, their brokers and lis
TFG Marine commences Amsterdam-Rotterdam-Antwerp operations, successfully trials marine biofuels and appoints Rasmus Bach Nielsen to board
12/13/2020 | 10:29am EDT
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Geneva, 10 December 2020 - TFG Marine, ( TFG ), the global marine fuel supply and procurement joint venture company created by Trafigura and shipping firms Frontline and Golden Ocean, announces major milestones in its strategy to grow and improve transparency in new markets and provide customers with more sustainable marine fuels. TFG Marine will extend its global footprint to commence bunkering operations in Amsterdam-Rotterdam-Antwerp waters by the end of 2020, including the introduction of mass flow meters (MFMs) on certain of its chartered barges in 2021. TFG currently supplies over 200,000 metric tonnes of marine fuels per month from vessels using MFMs as part of its Singapore operations, improving transparency and certainty for customers. TFG s voluntary introd