{"id":31592,"date":"2021-06-22T14:03:50","date_gmt":"2021-06-22T19:03:50","guid":{"rendered":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=31592"},"modified":"2021-06-22T14:03:50","modified_gmt":"2021-06-22T19:03:50","slug":"americas-panama-bunker-sales-surge-18-9-y-o-y","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/americas-panama-bunker-sales-surge-18-9-y-o-y\/","title":{"rendered":"AMERICAS: PANAMA BUNKER SALES SURGE 18.9% Y-O-Y"},"content":{"rendered":"

\"\"<\/a><\/p>\n

Some 460,051 metric tonnes (mt) of marine fuel were sold in Panama last month, an increase of 18.9% on the 386,955 mt registered in May 2020.<\/p>\n

According to figures released by the Panama Maritime Authority, last month\u2019s total \u2013 the highest monthly total since January 2020 \u2013 was also 14.3% up on the 402,343 mt recorded in April.<\/p>\n

A total of 284,365 mt of very low sulphur fuel oil was sold at the Central American bunker hub – 6.9% down on the 305,568 mt sold in May 2020, and 2.9% down on the 292,775 mt recorded in April.<\/p>\n

The 79,093 mt of heavy fuel oil sales in May was the highest monthly total since the introduction of the 0.50% sulphur regulation in January 2020.<\/p>\n

Marine gasoil also witnessed a sharp uptick in sales last month. Some 65,904 mt of the distillate grade were sold in May \u2013 368.9% up on the 14,056 mt recorded in the same month in 2020, and 553.3% up on the 10,088 mt sold in April.<\/p>\n

Low sulphur marine gasoil sales (30,689 mt) fell 9.5% year-on-year and 2.4% month-on-month respectively.<\/p>\n

During the first five months of 2021, a total of 2,136,785 mt of bunker fuel was sold in Panama \u2013 1.6% down on the 1,723,509 mt sold in the same period in 2020.<\/p>\n

Despite the rise in marine fuel sales in May, bunker operations (538) fell to their lowest since February.<\/p>\n

There were 34 bunker barges in operation last month.<\/p>\n

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    Some 460,051 metric tonnes (mt) of marine fuel were sold in Panama last month, an increase of 18.9%<\/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":[242,12,241,39,248,34,33,62,42,219,11,249,243,7,246,244,262,281],"class_list":["post-31592","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-boca-chica-real-estate","tag-boquete","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-safety-in-panama-panama-real-estate-bocas-del-toro","tag-travel-to-panama-rent-in-boquete-expat-tourism"],"yoast_head":"\nAMERICAS: 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