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.