Panama bunker fuel sales volume drops by 16.4% on year in March 2024

Bunker fuel sales at Panama fell by about 16.4% in March 2024, 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 390,678 metric tonnes (mt) in March 2024, compared to sales of 467,425 mt during the similar period in 2023. 

In March 2024, the Pacific side of Panama posted bunker sales of 329,076 mt; 191,038 mt of VLSFO, 106,059 mt of RMG 380, 10,270 of marine gas oil (MGO), and 21,709 mt of low sulphur marine gas oil (LSMGO) were delivered.

The similar region saw total marine sales of 393,706 mt a year before on March; with VLSFO sales at 266,658 mt, RMG 380 sales at 87,506 mt, MGO sales at 10,641 mt, and 28,901 mt of LSMGO being sold.

Panama’s Atlantic side, meanwhile, recorded total bunker fuel sales of 61,602 during March 2024; the figure comprised 43,294 mt of VLSFO, 8,170 mt of RMG 380, 3,972 mt of MGO, and 6,166 mt of LSMGO.

It saw total sales of 73,719 mt in March a year before; with VLSFO sales of 55,485 mt, RMG 380 sales of 6,219, 3,613 mt of MGO, and LSMGO sales of 8,402 mt.

Photo credit: George Keel
Published: 16 April 2024