Americas News
Panama Sees Year-on-Year Jump in April Bunker Sales
Monday May 18, 2020
Bunker sales in Panama climbed by 2.08% in April from the same month a year earlier, according to the latest data from the Panama Maritime Authority (AMP).
Total sales rose to 415,137 mt in April, up from the 406,677 mt seen a year earlier, but down by 7.35% month-on-month.
The number of ships arriving in Panama for bunker fuel climbed by 1.97% on the year to 568 in April, meaning the average stem size was little changed on the year at about 731 mt.
Very low sulfur fuel oil sales dropped by 6.78% from March's levels to 329,456 mt, while high sulfur fuel oil sales lost 9.86% to 31,332 mt.
Marine gasoil slipped by 7.77% on the month to 46,731 mt, and low sulfur marine gasoil sank by 17.46% to 7,618 mt.