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Panama bunker fuel sales decreased by approximately 30% on year in August

18 Sep 2020

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

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