World News
Monjasa Sets Out Top Supply Ports for 2019
Bunker supplier Monjasa released a list of its top ten ports by sales volume in its annual report Wednesday, with Balboa at the top of the list.
Its top ports in descending order were Balboa, Lome, Singapore, Cristobal, Fujairah, Jebel Ali, Port Gentil, Portland, Pointe-Noire and Takoradi, the company said.
The company made sales at 692 different ports in 2019, up from 601 the previous year.
For the purposes of the list Houston was divided into several different supply locations, a company spokesman told Ship & Bunker Thursday, but it would have probably been in the top 10 if treated as a single port.
The company posted total sales of 4.5 million mt for last year, the most since at least 2014.
Sales in the Americas saw the strongest growth, gaining 300,000 mt to 1.15 million mt last year.
Sales in Europe rose by 50,000 mt to 850,000 mt, sales in the Middle East jumped by 50,000 mt to 600,000 mt and sales in Southeast Asia advanced by 100,000 mt to 500,000 mt.
West Africa was the only region where the company saw a decline last year, losing 100,000 mt to 1.4 million mt.
About Jack Jordan
Jack Jordan is the Managing Editor of Ship & Bunker, the world’s most read marine fuel-focused publication.
He is an experienced financial editor and reporter with a first-class degree in Arabic and Russian, a postgraduate diploma in newspaper journalism and several years' history of covering the oil and shipping industries and capital markets.
Jack is based in London, UK.
About Ship & Bunker
Ship & Bunker is the world's most read publication focused on the marine fuel markets. Completely independent, it is the leading industry authority providing comprehensive daily news, exclusive in-depth features and analysis, along with daily & historical bunker price indications.
To contact the editor responsible for this story email us at editor@shipandbunker.com
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 556.50 | 9.00 | 685.00 | 6.50 |
| Rotterdam | 506.00 | 6.00 | 665.00 | 11.00 |
| Houston | 552.50 | 0.50 | 682.00 | 4.00 |
| Fujairah | 548.00 | 7.50 | 750.00 | 3.00 |
| Global 20 Ports Average | 583.50 | 4.00 | 762.50 | 2.50 |
| Global 4 Ports Average | 546.50 | 4.50 | 697.50 | 2.50 |
| Global Average Bunker Price | 632.50 | 2.00 | 811.00 | 1.50 |
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