The annual bunker sales volume at Panama Canal increased 17.6% on year during 2019, according to latest data from La Autoridad Marítima de Panamá, also known as the Panama Maritime Authority (PMA).
Total bunker sales at Panama Canal was 5,352,396 metric tonnes (mt) in 2019, compared to sales of 4,551,630 mt in 2018.
In 2019, the canal’s Pacific entrance posted bunker sales of 4,245,793 mt; 3,782,716 mt of fuel oil was sold and 463,077 mt of marine diesel oil (MDO) were delivered.
The similar location saw total sales of 3,388,437 mt a year before; with fuel oil sales of 3,126,249 mt and MDO sales of 262,188 mt.
The canal’s Pacific entrance recorded sales of 1,106,603 mt; 962,080 mt of fuel oil was sold and 144,523 mt of MDO were sold during 2019.
It saw total sales of 1,163,193 mt a year before; with fuel oil sales of 1,004,187 mt and MDO sales of 159,006 mt.
An earlier record of marine fuel sales at the Panama Canal are as follows:
Related: Panama Canal August marine fuel sales volume rise 52% on year
Related: Panama Canal marine fuel sales volume in July jump by 37% on year
Related: Panama Canal bunker sales volume in June increased by 19% on year
Related: Panama Canal March, April, May bunker volumes down on year
Related: Bunker sales volume at Panama Canal in February down 22% from previous year
Related: Marine fuel sales at Panama Canal in January fell 18% on year
Related: Panama bunker fuel sales marginally down 1.8% on year in 2018
Photo by Sean Thoman on Unsplash
Published: 17 October, 2019
‘The depth of the coronavirus crisis and the shape of any potential recovery will ultimately determine how the oil and bunker prices develop in the coming months,’ it says.
The application is in relation to an alleged unpaid amount of USD 268,095.42, pursuant to a deed of guarantee allegedly signed by the company, it said.
New office and addition of Chris Brooks provides firm opportunity to be closer to US customers and suppliers.
Due to reduced trades, bunker transactions and depressed freight rates; though upstream records profit.
Made possible with EUR 3 million investment two years ago into the production logistics facilities at Petrobrazi; first delivery at Port Constanța.
Inatech built ‘ShiptechLite’ for small-to mid-size shipping companies weathering Covid-19 related disruptions but lacks the tools and resources to do so efficiently.
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘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.
