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Panama bunker fuel sales volume climbs by 6.9% on year in February 2023

Total bunker sales at Panama was 403,703 metric tonnes (mt) in February, compared to sales of 377,649 mt during the similar period in 2022, according to PMA data.

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Bunker fuel sales at Panama increased by about 6.9% in February 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 403,703 metric tonnes (mt) in February, compared to sales of 377,649 mt during the similar period in 2022.

In February 2023, the Pacific side of Panama posted bunker sales of 339,869 mt; 258,455 mt of VLSFO, 70,497 mt of RMG 380, 8,674 of marine gas oil (MGO), and 26,052 mt of low sulphur marine gas oil (LSMGO) were delivered.

The similar region saw total marine sales of 321,298 mt a year before on February; with VLSFO sales at 195,690 mt, RMG 380 sales at 89,375 mt, MGO sales at3,577 mt, and 32,656 mt of LSMGO being sold.

Panama’s Atlantic side, meanwhile, recorded total bunker fuel sales of 63,834 during February 2023; the figure comprised 48,042 mt of VLSFO, 5,586 mt of RMG 380, 3,432 mt of MGO, and 6,774 mt of LSMGO.

It saw total sales of 56,351 mt in February a year before; with VLSFO sales of 33,669 mt, RMG 380 sales of 16,006, 2,627 mt of MGO, and LSMGO sales of 4,049 mt.

Related: Panama bunker fuel sales volume down by 3.7% on year in January 2023

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 bunker fuel sales volume increase by 21.6 % on year in August 2022
Related: Panama bunker fuel sales volume increase by 15.7% on year in July 2022
Related: Panama bunker fuel sales volume increase by 15.06% on year in June 2022
Related: Panama marine fuel sales volume climbs 0.87% on year in May 2022
Related: Panama marine fuel sales volume climbs by 14.52 % on year in April 2022
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: 17 March, 2023

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Wind-assisted

Anemoi unveils state-of-the-art rotor sail production facility in China

Site boasts an annual production capacity of 250 Rotor Sails, and the option to expand further and store units for fast turnaround.

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Anemoi Rotor Sail production facility MT

Wind propulsion solutions provider Anemoi Marine Technologies on Tuesday (8 July) officially opened its new Rotor Sail production facility in China.

Strategically located on the banks of the Yangtze River, Anemoi’s facility is located in Jingjiang City, Jiangsu Province, within Daming Heavy Industry’s manufacturing base.

The facility provides direct access to port infrastructure, enabling seamless logistics for import, export, and delivery.

With barge transport available on-site, Rotor Sails can be transported efficiently and installed directly at nearby major shipyards, streamlining operations and minimising environmental impact.

“This is more than just a new site,” said Clare Urmston, CEO of Anemoi.

“It’s a fully integrated, end-to-end production hub where every stage, from steel fabrication and precision assembly to rigorous testing and quality assurance, is handled under one roof.

“That means faster turnaround, uncompromised quality, and complete oversight by our expert team, on site, from start to finish. Anemoi’s strategy is quality first and this site enables exactly that.”

With an annual production capacity of 250 Rotor Sails, and the option to expand further and store units for fast turnaround, the new site positions Anemoi to meet surging global demand and support its customers in achieving critical decarbonisation goals.

 

Photo credit: Anemoi Marine Technologies
Published: 10 July 2025

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Milestone

Global Energy Storage Group sells Rotterdam terminal to Tepsa, exits Dutch market

Chooses to sharpen its focus on growth in Asia, particularly its flagship terminal in Port Klang, Malaysia.

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Global Energy Storage Group MT

Global Energy Storage Group (GES) on Wednesday (9 July) announced the completion of the sale of its terminal located in the Port of Rotterdam., marking its exit from the Dutch market.

The facility, which includes 212,000 m³ of tank storage and approximately 18 hectares of development land in the Europoort area, was sold to Tepsa, a European bulk liquid and gas storage operator.

The transaction represents a key milestone for GES as it continues to focus its resources on expanding its presence in the fast-growing Asian market, with particular emphasis on its strategic terminal at Port Klang, Malaysia.

It also ensures that the Rotterdam terminal is passed into the hands of a high-quality follow-on owner well positioned to take the asset forward. The transaction also delivers a strong return for GES’s shareholders.

“Part of the investment cycle is realising value from assets at the right time, and we’re confident this was the right moment for GES,” commented Peter Vucins, CEO of GES.

“We are now fully focused on growing our business in Asia, with Port Klang at the centre of that strategy. We extend our sincere thanks to the Rotterdam team and our customers for their support and for maintaining a safe, reliable, and forward-looking operation throughout our ownership.”

With the sale of the Rotterdam terminal, GES no longer holds assets in the Netherlands.

 

Photo credit: Global Energy Storage Group
Published: 10 July 2025

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Milestone

Trafigura enters strategic alliance with maritime technology provider ZeroNorth

ZeroNorth’s platform will be installed across Trafigura’s controlled fleet of more than 350 vessels, with Trafigura taking an equity stake in ZeroNorth.

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Trafigura ZN signing MT

Commodities group Trafigura and maritime technology provider ZeroNorth entered a strategic alliance on Wednesday (9 July).

The development involves a roll out of ZeroNorth’s platform across Trafigura’s controlled fleet of more than 350 vessels, including its voyage optimisation systems, emissions analytics and vessel reporting tools.

Additionally, Trafigura will take an equity stake in ZeroNorth, further deepening the ties between the two companies.

ZeroNorth’s technology uses advanced artificial intelligence and real-time data, including live weather conditions, vessel specifications, ship performance data and bunker fuel availability to optimise operational performance continuously.

The implementation of ZeroNorth’s solutions is expected to deliver reductions in both marine fuel consumption and carbon emissions across Trafigura’s chartered fleet.

As part of the agreement, Trafigura will also join ZeroNorth’s group of strategic partners, contribute practical industry insights to product development and play an active role in shaping the company’s long-term direction.

Andrea Olivi, Global Head of Shipping at Trafigura, commented: “This partnership marks an important step in Trafigura’s commitment to improving efficiency and sustainability across its maritime operations. The ZeroNorth platform will help us optimise fleet performance through enhanced monitoring of fuel and emissions while improving data collection and quality. It will also strengthen our relationships with vessel owners through more effective communication and information sharing.”

Søren C. Meyer, CEO at ZeroNorth said: “We’re proud to partner with Trafigura – one of the largest players in global commodity trading and shipping. This partnership reflects a shared commitment to advancing the use of technology and high-quality data, sending a clear signal to the industry about the vital roles these play in the energy transition. Trafigura’s insight, scale, and ambition will be invaluable to our strategic direction and will help accelerate the impact of our platform across the industry.”

 

Photo credit: ZeroNorth
Published: 10 July 2025

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