Bunker sales at Panama fell by about 19.2% on year in November 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 363,735 metric tonnes (mt) in November, compared to sales of 450,193 mt during the similar period in 2019.
In November 2020, the Pacific side of Panama posted bunker sales 313,156 mt; 61,126 mt of RMG 380 was sold, 10,132 mt of marine gas oil (MGO), and 28,696 mt of low sulphur marine gas oil (LSMGO) were delivered.
The similar region saw total sales of 340,065 mt a year before in November; with RMG 380 sales of 296,438 mt, MGO sales of 34,457 mt, and 9,170 mt of LSMGO being sold.
The latest data for the Pacific side introduced a new VLSFO 0.5% marine fuel category which recorded 220,385 mt of sales in November.
Panama’s Atlantic side, meanwhile, recorded sales of 50,579 mt during November 2020; 3,789 mt of RMG 380 was sold, MGO recorded no sales and 7,183 mt of LSMGO were delivered.
It saw total sales of 110,128 mt in the similar period a year before; with RMG 380 sales of 93,204 mt, MGO 15,454 mt and LSMGO recorded sales of 1,470 mt.
The newly introduced VLSFO 0.5% recorded 39,607 mt of sales at the Atlantic.
An earlier record of marine fuel sales at Panama in 2020 is as follows:
Related: Panama marine fuel sales dip by approximately 2.6% on year in October 2020
Related: Panama bunker sales dip by approximately 4.5% on year in September 2020
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: 6 January, 2020
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.