Danish oil and shipping group Monjasa has snapped up two Scandinavian product tankers to meet growing fuel demand in West Africa.

The 7,900-dwt Chinese-built Monjasa Hunter (ex-Annelise Theresa, built 2009) was delivered in Istanbul.

The seller was Axel Eitzen’s Christiania Shipping in Denmark.

VesselsValue assesses the ship as worth $10.75m.

The other tanker is the 17,700-dwt Monjasa Rover (built 2004), the former Fure Nord, another Chinese-built unit, handed over in Riga, Latvia, by Sweden’s Furetank Rederi. It is valued at $9m.

No purchase prices have been revealed.

Both Liberia-flagged tankers have been dry-docked for renewal surveys, name changes and hull-blasting and painting to match the Monjasa fleet design.

The Monjasa Hunter “joins as a unique fleet addition targeting length-restricted offshore oil and gas vessels in West Africa, including FPSOs”, the company said.

“These fleet additions come at a time where West Africa sees a higher marine fuels demand compared to 2023 levels due to the prolonged rerouting of cargo ships around Cape of Good Hope to avoid Houthi attacks in the Red Sea.”

Bigger owned fleet

Monjasa now controls more owned than chartered tonnage for the first time since its establishment in 2002.

The fleet stands at 16 owned and 15 time-chartered vessels.

The Monjasa Rover replaces the 20,000-dwt Monjasa Thunder (built 2009), which was recently repositioned from West Africa to the Panama Canal.

The length of less than 110 metres allows the ship to go alongside oil rigs and platforms, adding flexibility for offshore oil and gas operators from the Gulf of Guinea down to Namibia, Monjasa explained.

Group shipping director Torben Maigaard Nielsen said: “Unlike our other tankers in West Africa, which are too big for this purpose, the Monjasa Hunter offers a distinct advantage for offshore operators in the region.”

Overall, Monjasa’s West Africa operations consist of around 10 tankers, while the Middle East and Africa region accounts for 28% of its total volume of 6.5m tonnes of marine fuels supplied in 2023.

The Monjasa Thunder was sent to Panama as the first-ever bunker tanker to store fuel at the Panama Canal.

The company said the 150-metre ship is the largest and most technically advanced on the waterway.