The yearly bunkering volume at Panama Canal increased by 13.5% in 2017, according to data from La Autoridad Marítima de Panamá, also known as the Panama Maritime Authority (PMA).
Total sales of marine diesel oil (MDO) at both Pacific and Atlantic entrances were up by 30.2% on year in 2017.
PMA recorded a total bunkering volume of 32.7 million barrels (4.87 million mt) of bunkers being sold in 2017, higher than 28.8 million barrels (4.29 million mt) seen in 2016.
Of the total volume in 2017, the Pacific and Atlantic entrances of the canal respectively posted bunker sales of 27.6 million barrels and 5.1 million barrels.
The Pacific entrance saw sales of 24.7 million barrels of fuel oil and 3 million barrels of MDO in 2017, while 4.3 million barrels of fuel oil and 808,000 barrels of MDO were sold at the Atlantic entrance.
During 2016, the Pacific and Atlantic entrances of the canal sold 23.8 million barrels and 5.0 million barrels of marine fuel respectively.
About 21.5 million barrels of fuel oil and 2.4 million barrels of MDO were delivered at the Pacific entrance in 2016, while 4.5 million barrels of fuel oil and 524,000 barrels of MDO were sold at the Atlantic entrance.
Conversion factor for residual fuel oil (barrels to tonnes) multiply by 0.149
Conversion factor for MDO/gasoil (barrels to tonnes) multiply by 0.133
*Conversion data provided by BP
Published: 31 January, 2018
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.
‘MPA had immediately contacted the relevant bunker suppliers to take necessary steps to ensure that the relevant batch of fuel was no longer supplied. Further investigations are currently on-going,’ it informs.
Juandi bin Pungot spent SGD 3.4 million of his criminal benefits on amongst others, cars, luxury watches, and properties, according to documents seen by Singapore bunkering publication Manifold Times.