Monjasa swaps floating storage in shifting West Africa product market
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, the company said in its release.
Monjasa has experienced how the IMO 2020 regulations have significantly changed product demand from the Gulf of Guinea to Namibia in south.
By applying modern floating storages as part of the refuelling solutions, Monjasa has enabled steady and efficient supply of more than 10m tonnes of marine fuels across West Africa in the period 2010-2020.
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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.
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