The bunker sales volume at Panama decreased by about 30% on year in August 2020, according to the latest data from La Autoridad Marítima de Panamá, also known as the Panama Maritime Authority (PMA).
Total bunker sales at Panama was 369,839 metric tonnes (mt) in August, compared to sales of 528,572 mt during the similar period in 2019.
In August 2020, the Pacific side of Panama posted bunker sales of 303,760 mt; 49,196 mt of RMG 380 was sold, 9,994 mt of marine gas oil (MGO), and 21,874 mt of low sulphur marine gas oil (LSMGO) were delivered.
The similar region saw total sales of 413,095 mt a year before in August; with RMG 380 sales of 361,259 mt, MGO sales of 46,536 mt, and 5,300 mt of LSMGO being sold.
The latest data for the Pacific side introduced a new VLSFO 0.5% marine fuel category which recorded 222,696 mt of sales in August.
Panama’s Atlantic side, meanwhile, recorded sales of 66,079 mt during August 2020; 10,055 mt of RMG 380 was sold, MGO recorded 1,345 mt sales and 9,401 mt of LSMGO were delivered.
It saw total sales of 115,477 mt in the similar period a year before; with RMG 380 sales of 104,172 mt, MGO sales of 8,268 mt and LSMGO sales of 3,037 mt.
The newly introduced VLSFO 0.5% recorded 45,278 mt of sales at the Atlantic.
An earlier record of marine fuel sales at Panama is as follows:
Related: Panama July bunker sales fell 30% on year, slight improvement from June
Related: Panama bunker sales sees dramatic 37% downturn in June on year
Related: Panama May bunker fuel sales fell 5% on year
Related: Panama April bunker fuel sales rose 2.1% on year
Related: Panama March bunker fuel sales dipped 0.3% on year
Related: Panama February bunker sales rose 11.7% on year
Related: Panama annual bunker volume increases 17.6% on year during 2019
Related: Panama August marine fuel sales volume rise 52% on year
Photo credit: George Keel
Published: 18 September, 2020
Any new sign-on crew are now required to have a negative Nucleic Acid Amplification Technique (NAT) test before boarding, reports The Standard Club.
‘We have reshaped our organisation to align functions and roles with our strategic imperatives,’ says CEO.
The former accredited bunker supplier still holds a bunker craft operator license for activities at the republic.
Independent tests confirmed oil-drain intervals can be extended from 1,500 hours beforehand to 3,500 hours.
Marine fuel suppliers believed the introduction of MFM technology for bunkering has given them a competitive edge over other ports in the region.
Dual fuel engines able to seamlessly switch between different types of bunker fuels and can adapt to whatever fuels the industry in the future, says firm.
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‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
3,490 mt of LSFO from Itochu Enex was lifted at Universal Terminal; the same bunker stem was bought by Global Marine Logistics and delivered by bunker tanker Juma to receiving vessel Kirana Nawa.
Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.
