The bunker sales volume at Panama decreased by about 4.5% on year in September 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 375,126 metric tonnes (mt) in September, compared to sales of 392,887 mt during the similar period in 2019.
In September 2020, the Pacific side of Panama posted bunker sales of 316,484 mt; 51,880 mt of RMG 380 was sold, 8,954 mt of marine gas oil (MGO), and 19,751 mt of low sulphur marine gas oil (LSMGO) were delivered.
The similar region saw total sales of 327,451 mt a year before in September; with RMG 380 sales of 281,052 mt, MGO sales of 43,229 mt, and 3,170 mt of LSMGO being sold.
The latest data for the Pacific side introduced a new VLSFO 0.5% marine fuel category which recorded 235,899 mt of sales in September.
Panama’s Atlantic side, meanwhile, recorded sales of 58,642 mt during September 2020; 5,188 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 no sales and LSMGO recorded sales of 8,443 mt.
The newly introduced VLSFO 0.5% recorded 45,011 mt of sales at the Atlantic.
An earlier record of marine fuel sales at Panama is as follows:
Related: Panama bunker fuel sales decreased by approximately 30% on year in August
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: 19 October, 2020
ABI Singapore LSFO 0.5%S is ‘perfectly suited’ to the needs of the marine industry because it represents the most active and liquid part of market, says Argus CEO.
Barge will be multi product capable and have multiple and segregated pumping, piping, and product heating redundancies for more efficient bunkering operations.
IBIA shares e-learning modules to educate stakeholders on how to remain vigilant and follow best practices to minimise IMO2020 bunkering operations problems and safety issues.
Company’s most powerful engine will be installed onboard a series of 12 ultra-large container ships launched by HMM; it also reduces CO2 emissions by 51%.
With pandemic-related demand loss heavily concentrated in the transport fuel sector, the market for refined products next year will be smaller than 2015, states report.
For foreign ships, crew change will be considered if the ship meets all requirements and are in Singapore for cargo operations, bunkering or other marine services, it said.
Garren Hay will be responsible for sales of the PANOLIN range of Environmentally Acceptable Lubricants for the Singapore sole distributor agent Gealubes Consulting & Trading Pte Ltd.
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.
