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Focus on Panama

The latest news and developments from Panama, one of the world’s most important shipping nations.

Panama Canal's largest tanker deployed by Monjasa

Global fuels supplier Monjasa has boosted its operational flexibility in the Panama Canal with the introduction of a multi-role tanker, the 19,991 dwt Monjasa Thunder.

Michele Labrut, Americas Correspondent

June 26, 2024

1 Min Read
MT Monjasa Thunder Courtesy of Monjasa
Monjasa

The vessel recently arrived in Panama from across the Atlantic where it served the company's West Africa operations. As part of a fleet reshuffle, Monjasa Thunder will fill multiple roles including as the Panama Canal’s first floating storage option, while also performing regional cargo and supply operations. 

Monjasa Thunder is already fuylly operational at the Balboa Anchorage and is expected to reshape the overall efficiency of bunker operations in the Panama Canal. 

Around 70% of all ships transiting the Panama Canal stop for bunkers in either the Cristóbal or Balboa areas, and the the marine fuels industry constantly works to ensure the most flexible supply logistics. 

“Presenting modern maritime solutions is our way of contributing to this great and historic shipping destination as part of the maritime community. We are always looking for ways to challenge the status quo and create more flexibility for shipowners in and around the Panama Canal – and combining bunkering, storage and cargo operations is something no one else has done before,” said Rasmus Jacobsen, Managing Director, Monjasa Americas. 

Monjasa Thunder is also approved for storage of all grades of biofuels and allows for onboard blending.  The ship brings new opportunities across the supply chain by engaging in import and export of several fuel products across Panama and the surrounding markets, including: Very Low Sulphur Fuel Oil (VLSFO), High Sulphur Fuel Oil (HSFO), and Marine Gas Oil (MGO). 

Related:Panama Canal increases draught and daily transits

Overall, Monjasa manages seven vessels in the Panama Canal and supplied a total of 2.9m tonnes of marine fuels across the Americas in 2023.

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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