• RAK Ports and global oil and shipping group Monjasa finalise new deal
• Monjasa will offer a full suite of marine fuel services across all RAK Ports locations
• RAK Ports builds on its strategic Arabian Gulf location adjacent to Strait of Hormuz
RAK Ports has signed a strategic partnership with Danish established Monjasa, a global top ten bunker fuel provider supplying around five million tonnes of oil products every year. Firmly rooted in the Middle East since 2006, Monjasa’s office in Dubai employs 75 specialists covering regional supply operations across the Arabian Gulf and West Africa.
Four ports ideally located for bunkering
With recent investments in overall infrastructure at RAK Ports totalling over US$250 million, today Ras Al Khaimah’s modern and flexible network of four ports plays a pivotal role in the supply chain for thousands of companies from all corners of the globe.
Roger Clasquin, CEO of RAK Ports said: “Due to our unique, strategic gateway position at the central point of the Gulf states and as the closest ports to the Strait of Hormuz, RAK Ports are ideally located to become a significant bunkering hub.”
More efficient shipping operations
Handling close to 2,000 vessels per year and strategically located near to the main shipping lanes, RAK Ports marine and anchorage division has a modern fleet of support vessels and technical equipment providing first-class marine services, operating 24/7 and to the highest international standards.
The new partnership with Monjasa will enable a full suite of marine fuel services to be offered, both in-port and right across RAK Ports’ anchorage area with its draft of up to 60 metres. This key agreement forms a significant offering in RAK Ports expanding shipping support infrastructure and reputation as the destination of choice for vessels in the region.
Monjasa Group CEO, Anders Østergaard, said: “As an active part of the UAE maritime community, we are proud to engage with RAK Ports to ensure continuous improvement of the local bunker industry. Supplying bunkers in close to 700 ports worldwide, we know that enhanced quality and efficiency favour both our customers and the overall attractiveness of the port operations.”
Monjasa’s Middle East activities consist of four modern tankers (4,000-10,000-dwt) and a total supply volume of 700,000 tonnes of marine fuels in 2020.
Established in Denmark in 2002, Monjasa is a global partner in the oil and shipping industries. Its core business includes trading and supplying marine fuels and shipowning activities globally. With a fleet of 20 tankers and 10 global office locations, Monjasa is present in all major time zones. The Monjasa Group is certified according to ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 and ISO 50001:2018 and all oil products meet the latest specifications of ISO 8217. On land and at sea, the Monjasa Group employs 500+ traders and other maritime specialists.
About RAK Ports
With recent infrastructure investments totalling more than $250 million, RAK Ports is a first-class business partner for local, regional, and international companies operating in the construction, manufacturing, and industrial sectors. The ports group provides essential services including cargo handling, free zone land lease, ship repair, warehousing, marine and anchorage, cruise tourism and industrial training. Furthermore, it is the gateway source for many of the construction materials which are building the Middle East region into a model of economic prosperity.