The Monjasa’s office brings new opportunities to bridge upstream and downstream business relationships as well as offering a new recruitment channel in the US Gulf region.
Since opening the first US-based office in Stamford, volumes have increased year on year. From 40,000 tonnes in 2011, Monjasa has experienced a soaring demand across the Americas region with total volumes reaching 1.4m tonnes in 2020. Strong demand in the Panama Canal and across US ports represent important drivers for this development.
Monjasa introduced own supply operations in Houston just ahead of the IMO 2020 transition to more environmentally friendly marine fuels with a maximum 0.5% sulphur content.
“Today, we believe that Houston reflects a contemporary oil and shipping hub, where shipowners are giving more focus to logistics and product specifications than before IMO 2020,” said Rasmus Jacobsen, Managing Director, Monjasa Americas.
“This massive area holds opportunities for making a real difference by bridging our oil and shipping relationships and ensuring availability of several different fuel grades and specifications. Matching supply and demand across the supply chain is exactly where Houston and Monjasa are good for each other.”
Monjasa operates three barges and supplies all main bunker grades across the Houston Greater Area, which includes 12 different supply locations ranging across more than 400 km.
Trading Director Americas, Kelsey Ware, will be leading developments in Houston and trader, Thomas Cirillo is relocating from Stamford to Houston and will play an important role in securing a steady developing Monjasa presence in the US Gulf region.