The Rio office will be the company's fourth in the Americas after Panama City, Stamford and Houston. File Image / PIxabay
Global marine fuel supplier and trading firm Monjasa has added a new bunker delivery vessel and office location in Rio de Janeiro.
The Rio office will be the company's fourth in the Americas after Panama City, Stamford and Houston, Monjasa said in an emailed statement on Wednesday.
The firm has launched MGO supplies at Brazilian ports by barge as of September 14, and has chartered the 1,500 m3 barge TWB-250 for the new operation. The company was previously only delivering by truck in Brazil.
The company's bunker trader Aline Vaz will be leading the new Brazilian operation.
Monjasa estimates 5-6 million mt/year of bunker fuels are sold in Brazil.
"The maritime logistics in Rio de Janeiro can be challenging," Rasmus Jacobsen, managing director in the Americas for Monjasa, said in the statement.
"This is a true niche market where understanding the local regulations and product flows in detail are prerequisites for running the daily operations.
"Monjasa's decision to establish ourselves in Rio de Janeiro comes from a sincere conviction that we can make a difference for offshore operators and shipowners.
"Monjasa has a history of entering more complex markets in West Africa, the Middle East and Latin America and we have been working for several years to meet the demand for more streamlined and transparent marine fuel operations in Rio de Janeiro too."
Jacobsen is due to speak at the IBIA Annual Convention 2022 in Houston in November. The convention will be held at the JW Marriott Houston hotel on November 15-17. The event will consist of a bunker training course on November 15, followed by a series of keynote speeches, presentations and panel sessions over the following two days.
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