Panama marine fuel sales volume climbs by 3.9% on year in 2024

Bunker fuel sales at Panama increased by about 3.9% in 2024, according to the latest data from La Autoridad Maritima de Panama, also known as the Panama Maritime Authority (PMA).

Panama’s total marine fuel sales reached 5,098,338 metric tonnes (mt) in 2024, up from 4,905,035 mt that was recorded in 2023.

Meanwhile, bunker fuel sales at Panama increased by about 27.7% on year in December 2024.

Total bunker sales at Panama was 500,563 metric tonnes (mt) in December 2024, compared to sales of 392,063 mt during the similar period in 2023.

In December 2024, the Pacific side of Panama posted bunker sales of 415,466 mt; 228,222 mt of VLSFO, 145,117 mt of RMG 380, 4,997 of marine gas oil (MGO), and 37,130 mt of low sulphur marine gas oil (LSMGO) were delivered.

The similar region saw total marine sales of 323,628 mt a year before on December; with VLSFO sales at 216,658 mt, RMG 380 sales at 78,563 mt, MGO sales at 1,589 mt, and 26,818 mt of LSMGO being sold.

Panama’s Atlantic side, meanwhile, recorded total bunker fuel sales of 85,097 during December 2024; the figure comprised 59,546 mt of VLSFO, 12,568 mt of RMG 380, 6,350 mt of MGO, and 6,633 mt of LSMGO.

It saw total sales of 68,435 mt in December a year before; with VLSFO sales of 49,029 mt, RMG 380 sales of 9,660, 2,775 mt of MGO, and LSMGO sales of 6,971 mt.

Photo credit: George Keel
Published: 3 February, 2025