Americas News
Panama Bunker Sales Lost 5.5% in February
Bunker sales in Panama dropped by 5.5% from their level a year ago last month, but rose slightly from January's levels.
Total sales reached 418,415 mt in February, according to data from the Panama Maritime Authority, down by 5.5% from the same month a year earlier but up by 1.5% from January's level.
The number of ships coming to Panama to bunker sank by 12.7% on the year to 535, taking the average stem size up by 8.2% to about 782 mt last month.
VLSFO sales dropped by 12.7% from a year earlier to 302,619 mt, while HSFO sales surged by 78.4% to 73,294 mt. HSFO took a 17.5% share of total sales in February, up from 9.3% a year earlier.
MGO sales sank by 76.2% on the year to 10,880 mt, while low-sulfur MGO more than tripled to 31,622 mt.
