Marine fuels supplier Monjasa is adding five tankers to its bunkering fleet after acquiring the vessels from German shipowner Bernhard Schulte.

The 16,621 DWT tankers are part of Monjasa's ongoing fleet renewal strategy, the company said in an emailed update today.

Four vessels - Monjasa Tracer, Monjasa Tuner, Monjasa Twister and Monjasa Tracker - have already been delivered and deployed in West Africa and Northwest Europe.

The fifth, Monjasa Trigger, is expected to be delivered by the end of November.

Following the acquisition, Monjasa will have 20 owned tankers and around 10 vessels on time charter.

“This is the largest single tonnage acquisition in our history and it provides us more flexibility, strengthens our supply capabilities and keeps ensuring a solid platform for serving our customers in the years ahead,” Anders Østergaard, group CEO, said.

In April, Monjasa reported increased bunker demand in West Africa amid disruption in the Strait of Hormuz.