Bunker sales volume at Panama Canal fell 0.3% on year in March 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 Canal was 448,093 metric tonnes (mt) in March, compared to sales of 449,815 mt during the similar period in 2019.
In March 2020, the canal’s Pacific entrance posted bunker sales of 369,486 mt; 25,440 mt of fuel oil was sold and 48,249 of marine diesel oil (MDO) were delivered.
The similar location saw total sales of 353,622 mt a year before; with fuel oil sales of 321,931 mt and MDO sales of 31,691 mt. VLSFO 0.5% recorded no sales.
The latest data introduced a new category, namely VLSFO 0.5% which recorded 295,797 of sales in March.
The canal’s Atlantic entrance recorded sales of 78,607 mt; 9,320 mt of fuel oil was sold and 11,648 mt of MDO were sold during March 2020.
It saw total sales of 96,193 mt in a similar period, a year before; with fuel oil sales of 81,186 mt and MDO sales of 15,007 mt.
The newly introduced VLSFO 0.5% recorded 57,639 mt of sales.
An earlier record of marine fuel sales at the Panama Canal are as follows:
Related: Panama Canal February bunker sales rose 11.7% on year
Related: Panama Canal annual bunker volume increases 17.6% on year during 2019
Related: Panama Canal August marine fuel sales volume rise 52% on year
Photo credit: Sean Thoman on Unsplash
Published: 5 May, 2020
‘Its bunker sales have grown mainly by taking market share from other Chinese ports,’ says analyst.
Quah Ley Hoon will take over from Andrew Tan who will be retiring on 31 December, 2018.
‘Digital platforms will be able to compliment bunker trading by reducing hassle, and increasing accountability, but nothing can replace the human factor,’ said Søren Høll.
Operations within the port of Fujairah were carrying on as per normal without any interruptions, it states.
The guide introduces issues that may arise when seeking to comply with the Sulphur Cap and Carriage Ban, and likely areas of dispute in bunker fuel supply contracts.
Xihe said it has recently hired a qualified management team to drive the business; Lim Oon Kuin and his children are no longer part of the management team.
OctamarTM HF-10 Plus was subjected to tests conducted at a third party lab by SGS Testing and Intertek in Singapore under the supervision of ClassNK earlier this year, according to spokeswoman.
Former Regional Marine Manager of BP Singapore issued penalty of SGD 6 million; he faces an additional 28-month imprisonment term if penalty is not paid, says Judge.
Sing Fuels claiming over total 1,049.29 metric tonnes of 380 centistokes bunker fuel delivered to bulk carrier Lila Shanghai at Port Elizabeth, South Africa in July 2019, according to court documents.
Reserve Stability Number results are ‘questionable’ as almost all additives targeting asphaltene management show effectiveness in the test, says spokesman.
Singfar International partnering Lianyungang Shenghua Shipbuilding to deliver 7,000 dwt DF bunker tankers from 2023 to support decarbonisation of the Singapore maritime industry.
GSM awarded USD 1.85 million as well as SGD 5,800; Judge finds SFM Director ‘ungrateful and dishonest in his dealings with Bernard and the plaintiff,’ according to Court Judgement seen by Manifold Times.
