The bunker sales volume at Panama decreased by 30% on year in July 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 337,035 metric tonnes (mt) in July, compared to sales of 484,144 mt during the similar period in 2019. July’s figures were 10.3% higher than bunker sales in June.
In July 2020, the Pacific side of Panama posted bunker sales of 292,268 mt; 38,997 mt of RMG 380 was sold, 9,648 mt of marine gas oil (MGO), and 19,603 mt of low sulphur marine gas oil (LSMGO) were delivered.
The similar region saw total sales of 392,307 mt a year before in July; with RMG 380 sales of 350,574 mt, MGO sales of 37,510 mt, and 4,223 mt of LSMGO being sold.
The latest data for the Pacific side introduced a new VLSFO 0.5% marine fuel category which recorded 221,020 mt of sales in July.
Panama’s Atlantic side, meanwhile, recorded sales of 47,767 mt during July 2020; 3,039 mt of RMG 380 was sold, MGO recorded 570 mt sales and 6,749 mt of LSMGO were delivered.
It saw total sales of 91,837 mt in the similar period a year before; with RMG 380 sales of 83,985 mt, MGO sales of 6,183 mt and LSMGO sales of 1,669 mt.
The newly introduced VLSFO 0.5% recorded 37,409 mt of sales at the Atlantic.
An earlier record of marine fuel sales at Panama is as follows:
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: 18 August, 2020
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‘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.