Panama: Growth in Bunkering in 2015

In 2015 3.7 million metric tons of marine fuel were sold in Panama, 16.2% more than in 2014.

Tuesday, February 23, 2016

According to preliminary figures from the Maritime Authority of Panama, of the 3.7 million metric tons of marine fuel sold in 2015, 3.4 million were Fuel Oil and 252,521 Marine Diesel Oil. The number of ships catered for also increased, going from 4,699 in 2014 to 5,699 in 2015, reflecting an increase of 21.2%.

In the Pacific sector, the total amount of metric tons of fuel sold increased from 2.3 million in 2014 to 2.8 million in 2015, which is an increase of 22%. Meanwhile, on the Atlantic side the increase was only 1.2%, totaling 903,293 metric tons of fuel sold in 2015.

The number of ships served in the Pacific rose from 3,271 in 2014 to 3,952 in 2015 (an increase of 20.8%) and in the Atlantic the figure rose from 1,428 in 2014 to 1,746 in 2015 (with an increase of 22.2%) .

See "Sales statistics marine fuel, according to Litoral at the Maritime Authority of Panama".

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More on this topic

Growth in Bunkering Business in Panama

August 2017

In the first half of the year 2.4 million metric tons of marine fuel were shipped into the country's port terminals, 24% more than in the same period in 2016.

The start of operations of the expanded Canal is the main reason behind the increase of almost 24% in the sale of marine fuel to boats in Panamanian ports, according to representatives from the sector.  Figures from the Panama Maritime Authority report that between January and June, 2.4 million metric tons of marine fuel were traded, 461 thousand tons more than in the first half of last year. 

Panama: Slight Improvement in Bunkering Business

April 2017

In 2016 28.8 million barrels of fuel were sold to ships, which is 3.1 million barrels more than in the previous year.

Figures from the Panama Maritime Authority indicate that most of the bunker fuel was marketed in the Pacific, with 23.8 million barrels, while the remaining 4.9 million barrels were shipped across the Atlantic.

Panama Sells 7% More Bunker Fuel

October 2016

Between January and August 2016, 2.5 million metric tons of marine fuel were sold, 7% more than in the same period in 2015.

The biggest sales growth was recorded in January, with a rise of 17%. Although the increase between 2015 and 2016 is lower than that recorded between 2014 and 2015,   "...

Panama: Sales of Marine Fuel Grow

August 2011

Investments to increase bunker fuel storage capacity are yielding good results, with sales growing by 18% in the first half of 2011.

In the first six month of 2010, a total of 2,233 ships were attended to, transporting 1,446 000 metric tonnes of oil and marine diesel.

In the same period in 2011 the total number of vessels was 2,458 and they transported 1,700,000 metric tons.

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