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Panama bunker fuel sales volume drops by 7.9% on year in July 2023

Total bunker sales at Panama was 412,478 metric tonnes (mt) in July, compared to sales of 448,037 mt during the similar period in 2022, according to PMA data.

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Bunker fuel sales at Panama fell by about 7.9% in July 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 412,478 metric tonnes (mt) in July, compared to sales of 448,037 mt during the similar period in 2022.

In July 2023, the Pacific side of Panama posted bunker sales of 341,585 mt; 241,525 mt of VLSFO, 67,055 mt of RMG 380, 5,333 of marine gas oil (MGO), and 27,672 mt of low sulphur marine gas oil (LSMGO) were delivered.

The similar region saw total marine sales of 387,813 mt a year before on July; with VLSFO sales at 268,753 mt, RMG 380 sales at 65,652 mt, MGO sales at 6,786 mt, and 46,622 mt of LSMGO being sold.

Panama’s Atlantic side, meanwhile, recorded total bunker fuel sales of 70,893 during July 2023; the figure comprised 51,649 mt of VLSFO, 7,062 mt of RMG 380, 4,826 mt of MGO, and 7,356 mt of LSMGO.

It saw total sales of 60,224 mt in July a year before; with VLSFO sales of 47,558 mt, RMG 380 sales of 3,408, 4,347 mt of MGO, and LSMGO sales of 4,911 mt.

Related: Panama bunker fuel sales volume down by 11.8% on year in June 2023
Related: Panama bunker fuel sales volume down by 3.5% on year in May 2023
Related: Panama bunker fuel sales volume down by 19.7% on year in April 2023
Related: Panama bunker fuel sales volume climbs by 10% on year in March 2023
Related: Panama bunker fuel sales volume climbs by 6.9% on year in February 2023
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
Related: Panama bunker fuel sales volume down by 11.3% on year in November 2022
Related: Panama bunker fuel sales volume down by 1.66 % on year in September 2022
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:  jhernandezb05 from Pixabay
Published: 15 August, 2023

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Winding up

Singapore: Liquidators arrange creditors meeting for Otto Marine Limited

Meeting will be held from 3pm on 24 July at 8 Wilkie Road #03-08 Wilkie Edge Singapore 228095, according to Government Gazette notice.

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A meeting for creditors of Otto Marine Limited, which is in liquidation, has been scheduled to take place on 24 July, according to a Government Gazette notice on Thursday (11 July). 

The meeting will be held from 3pm at 8 Wilkie Road #03-08 Wilkie Edge Singapore 228095

The agenda of the meeting will be as follows:

  • To update on the liquidation administration;
  • To approve the Liquidators’ fees and disbursements;
  • To approve the declaration of preferential dividend(s) pursuant to Section
  • 328(1)(b) to 328(1)(f) of the Companies Act, Cap. 50;
  • To consider and if thought fit, to appoint a committee of inspection; and
  • Any other business.

The details of the liquidators are as follows: 

Chee Yoh Chuang
Lin Yueh Hung
Liquidators
c/o 8 Wilkie Road
#03-08 Wilkie Edge
Singapore 228095

 

Photo credit: steve pb from Pixabay
Published: 12 July, 2024

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LNG Bunkering

Titan completes first STS LNG bunkering operation in Cuxhaven

Port of Cuxhaven in Germany had previously only seen LNG operations conducted via truck and currently only permits LNG bunkering at one berth, says Titan.

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Titan completes first STS LNG bunkering operation in Cuxhaven

LNG bunker fuel supplier Titan on Thursday (11 July) said it completed the first-ever LNG bunkering operation by ship in the port of Cuxhaven.

Titan’s bunker vessel Optimus successfully delivered LNG to dredger Vox Ariane operated by its long-term client Van Oord. 

“Our ship-to-ship bunkering in Cuxhaven represents a pioneering step in the region's LNG infrastructure development, as the port had previously only seen LNG operations conducted via truck and currently only permits LNG bunkering at one berth,” it said in a social media post. 

“LNG infrastructure development is part of a broader trend, with more ports across Germany adopting LNG operations to support shipping’s clean fuels transition.”

Titan added the improved LNG bunkering capabilities in Cuxhaven, a Niedersachsen Ports GmbH & Co. KG port, also opened up the pathway to maritime decarbonisation via liquified biomethane (LBM) and then renewable e-methane going forward.

 

Photo credit: Titan
Published: 12 July, 2024

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LNG Bunkering

UECC “Auto Achieve” receives first LNG bunker fuel delivery by barge in home country

Firm said it received the first ever supply of LNG by barge to their multi-fuel LNG battery hybrid car carrier in the Port of Drammen, Norway.

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UECC “Auto Achieve” receives first LNG bunker fuel delivery by barge in home country

Norwegian roll-on/roll-off shipping line United European Car Carriers (UECC) on Wednesday (10 July) said it received the first ever supply of LNG by barge to their multi-fuel LNG battery hybrid car carrier Auto Achieve in the Port of Drammen on 4 July.

The firm said this was the first time UECC received LNG by barge to any of their vessels in their home country Norway. 

“We also believe that it was the first time LNG was delivered by barge to any vessel in Drammen, and most likely the entire Oslofjord,” UECC said in a social media post.

The LNG was supplied by the Molgas Energy Holding vessel Pioneer Knutsen, owned by Knutsen Group OAS.

“UECC is very pleased to see the expansion of the LNG barge network in Norway,” it said. 

 

Photo credit: UECC
Published: 12 July, 2024

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