Danish global oil and shipping conglomerate Monjasa is growing and renewing its fleet with the acquisition of five sister product tankers from German shipowner Bernhard Schulte. This transaction is the largest single tonnage acquisition ever made by the company.

This is part of Monjasa’s fleet renewal strategy and shows its continued commitment to invest in reliable supply infrastructure. The company’s intention in adding the vessels to its fleet is to strengthen its marine fuel supply activities, especially in West Africa, and to gain greater flexibility to respond to demand in its global markets.

The five product tankers have a deadweight of 16,621 tons each. “Four vessels – Monjasa Tracer, Monjasa Tuner, Monjasa Twister and Monjasa Tracker – have already been delivered and are deployed across West Africa and North-west Europe. The fifth vessel, the Monjasa Trigger, is expected to join the fleet by the end of November 2026.

“It is important for us to select vessels that fit our operational and investment criteria,” said Monjasa Group CEO Anders Østergaard. “To be able to buy five sister ships of this quality, under competitive market conditions and with operational characteristics that fit well with the existing fleet is an unusual opportunity,” he said.

Østergaard said the acquisition will make it more flexible to deploy, strengthen supply capabilities and give a stronger operational basis for meeting customers’ needs in the coming years.

The fleet expansion follows a very active period for the company. Monjasa’s global bunkering operations in numbers In 2025, Monjasa carried out a total of 16,741 marine fuel operations.

In addition to the increased carrying capacity, the common design and technical specifications of the five tankers offer operational benefits. "The similarities mean we can draw on existing knowledge of operating costs, technical requirements and how to manage the vessels," said Østergaard.

He also emphasised that fleet ownership is not simply a matter of adding tonnage but of having the right vessels in the right markets that can be operated efficiently over the long term. In this regard, the acquisition of sister vessels is of particular value, as it allows Monjasa to leverage the expertise and capabilities already built within its ship management organisation.

Monjasa owns a fleet of 20 tankers and has about 10 more on time charter following the deal. The five new product tankers are a significant part of the company’s fleet renewal programme and enhance its ability to adjust vessel deployment to changing patterns in global marine fuel demand.