Monjasa expands tanker fleet in record acquisition from Bernhard Schulte
Danish marine fuels supplier Monjasa has agreed to acquire five sister product tankers from German shipowner Bernhard Schulte in what the company describes as the largest single tonnage acquisition in its history. The transaction forms part of its fleet renewal programme and is intended to strengthen marine fuel supply operations, particularly in West Africa.
According to Monjasa’s announcement on November 11, 2026, the agreement covers five product tankers of 16,621 dwt each, built between 2010 and 2011. Four vessels have already been delivered and deployed in West Africa and Northwest Europe, while the fifth is scheduled to join the fleet by the end of November. The company did not disclose the financial terms of the acquisition.
The delivered vessels are Monjasa Tracer, formerly Eva Schulte (2010), Monjasa Tuner, formerly Erika Schulte (2011), Monjasa Twister, formerly Everhard Schulte (2010), and Monjasa Tracker, formerly Edzard Schulte (2011). The remaining tanker, Monjasa Trigger, formerly Elisabeth Schulte (2010), is expected to be handed over in Rotterdam before the end of the month.
Fleet renewal strengthens West African operations
The acquisition is expected to increase Monjasa’s operational flexibility across its marine fuels supply network, with the tankers initially supporting activities in West Africa. The company is also considering opportunities to employ the vessels in commercial freight trading or redeploy them to other regions as market requirements change.
“This is the largest single tonnage acquisition in our history and it provides us more flexibility, strengthens our supply capabilities and keeps ensuring a solid platform for serving our customers in the years ahead,” said Anders Østergaard, Group CEO of Monjasa.
The acquisition of five sister vessels also provides technical and operational advantages through their common design and equipment requirements. Monjasa expects the similarities between the tankers to support fleet management, maintenance planning and operating cost control, drawing on experience already established within its ship management organisation.
The investment follows a year in which Monjasa completed 16,741 marine fuel supply operations in 2025. Once the remaining vessel has been delivered, the group’s fleet will comprise 20 owned tankers and approximately 10 vessels operating under time charter arrangements.
The transaction represents a further step in Monjasa’s efforts to renew its tanker fleet while maintaining capacity across its international marine fuel distribution network.
