Panama bunker sales fall in August
Sales of VLSFO and LSMGO decreased both on a total and daily average basis, while HSFO volumes rose. Changes in Panama bunker fuel sales from July to August: • Total sales down 17,000 mt to 411,000 mt • VLSFO sales down 31,000 mt to 247,000 mt • LSMGO sales down 600 mt to 36,000 mt ...
Bunker fuel sales in Panama decreased in August compared to July, according to preliminary data from the Panama Maritime Authority. Total sales fell by 17,000 metric tonnes to 411,000 mt, while VLSFO sales dropped by 31,000 mt to 247,000 mt, LSMGO sales dipped by 600 mt to 36,000 mt, HSFO sales increased by 15,000 mt to 121,000 mt, and 0.5% MGO sales declined by 600 mt to 7,000 mt.
This represents an overall reduction in bunker sales by around 4% from July. HSFO sales, however, reached their highest monthly volume since December last year, accounting for around 30% of total sales. In contrast, VLSFO, LSMGO, and 0.5% MGO sales declined by significant percentages. The number of ships calling for bunkers at Panama's ports decreased from 629 in July to 566 in August, and the average stem size increased to around 727 mt.
Bunker availability remains steady at Balboa and Cristobal, with all grades being deliverable within 3-4 days from most suppliers.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
