{"id":20468,"date":"2017-07-11T11:24:30","date_gmt":"2017-07-11T16:24:30","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=20468"},"modified":"2017-07-11T11:24:30","modified_gmt":"2017-07-11T16:24:30","slug":"may-bunker-sales-fall-slightly-panama","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/may-bunker-sales-fall-slightly-panama\/","title":{"rendered":"May bunker sales fall slightly at Panama"},"content":{"rendered":"

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Marine diesel oil (MDO) volumes were up on April, however a drop in heavy fuel oil (HFO) demand saw overall bunker sales tail off for the month.<\/p>\n

According to statistics from the Panama Maritime Authority (PMA), 365,530.76 barrels (48,999 metric tonnes (mt)) of MDO were sold in Panama in May compared to 310,040.11 (41,560 mt) in April.<\/p>\n

However, HFO, which accounts for the vast majority of bunker sales in Panama, fell slightly. Some 2,605,423.46 barrels (410,303 mt) of the residual fuel were sold last month \u2013 93,742 barrels (14,763 mt) fewer than in April.<\/p>\n

In total, 2,970,954.22 barrels* of marine products were sold in Panama in May compared to 3,009,205.22 in April.<\/p>\n

*Note that conversion rates differ between fuel grades. Bunkerspot<\/em> has adopted a conversion rate of 7.46 for MDO and 6.35 for residual fuel oil.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

  Marine diesel oil (MDO) volumes were up on April, however a drop in heavy fuel oil (HFO)<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,247,241,39,248,34,33,62,42,219,11,249,243,7,246,244,44],"class_list":["post-20468","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-bocas-del-toro","tag-boquete","tag-boquete-boca-chica-real-estate","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama"],"yoast_head":"\nMay bunker sales fall slightly at Panama - Blog and Newsletter<\/title>\n<meta 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