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Panama bunker fuel sales volume continues sliding by 19.2% on year in December 2023

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Total bunker sales at Panama was 392,063 mt in December, compared to sales of 485,336 mt during the similar period in 2022, according to latest data from Panama Maritime Authority.
RESIZED Panama

Bunker fuel sales at Panama fell by about 7.5% in December 2023, according to the latest data from La Autoridad Maritima de Panama, also known as the Panama Maritime Authority (PMA).

Total bunker sales at Panama was 392,063 metric tonnes (mt) in December, compared to sales of 485,336 mt during the similar period in 2022.

This brings a total of 4,905,035 mt of marine fuel sold in Panama in 2023, decreasing by 6.42% from 5,241,369 mt recorded in 2022.

In December 2023, the Pacific side of Panama posted bunker sales of 323,628 mt; 216,658 mt of VLSFO, 78,563 mt of RMG 380, 1,589 of marine gas oil (MGO), and 26,818 mt of low sulphur marine gas oil (LSMGO) were delivered.

The similar region saw total marine sales of 426,278 mt a year before on December; with VLSFO sales at 307,063 mt, RMG 380 sales at 72,007 mt, MGO sales at 11,457 mt, and 35,751 mt of LSMGO being sold.

Panama’s Atlantic side, meanwhile, recorded total bunker fuel sales of 68,435 during December 2023; the figure comprised 49,029 mt of VLSFO, 9,660 mt of RMG 380, 2,775 mt of MGO, and 6,971 mt of LSMGO.

It saw total sales of 59,058 mt in December a year before; with VLSFO sales of 44,019 mt, RMG 380 sales of 4,397, 5,934 mt of MGO, and LSMGO sales of 4,708 mt.

Related: Panama bunker fuel sales volume drops by 7.5% on year in November 2023
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An earlier record of marine fuel sales at Panama for 2022 is as follows: 

Related: Panama bunker fuel sales volume down by 2.16% on year in December 2022
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Related: Panama marine fuel sales volume climbs 0.87% on year in May 2022
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Related: Panama bunker fuel sales volume down by 3.84 % on year in March 2022
Related: Panama bunker fuel sales volume down by 9.74% on year in February 2022
Related: Panama marine fuel sales volume climbs by 9.19% on year in January 2022

 

Photo credit: George Keel
Published: 18 January, 2024