OW Bunker Adds Additional Bunker Barge in Panama

by Ship & Bunker News Team
Thursday May 22, 2014

OW Bunker today announced the addition of a new bunker barge in Panama, saying the Panama Canal is set to play a key role in changing regional marine fuel dynamics.

The 3778 dwt, double-hulled Star Goethals is equipped for delivering a full range of products, including low sulphur and high sulphur fuel, as well as MGO, according to an emailed press release.

Adrian Tolson, Regional Manager, North America, OW Bunker said:

"Panama's marine fuel market is undergoing a period of change, driven by the widening of the Canal which will exert a shift in regional trade routes and impact fuel demands across the Americas. 

"As these dynamics continue to evolve, OW Bunker is committed to helping ship owners and operators plan their fuel sourcing throughout the Americas, including Panama.

"Boosting our physical infrastructure by time chartering another barge, further enhances our delivery capacity and underlines our commitment to providing customers with flexible and efficient solutions in this pivotal location.

Furthermore, by co-ordinating physical distribution for customers through our network spanning the south and west coasts of North America, Panama and wider Latin America, OW Bunker is well positioned to work with customers in maximising their operational efficiencies going forward."

Star Goethals joins the 3255 dwt Star Baltic, which OW Bunker has been utilising since 2010.

OW Bunker began physical bunker operations in Panama in 2009.