New Panama Maritime Authority statistics show that May bunker volumes totalled 393,316 metric tonnes, and the month was notable for a surge in low sulphur marine gasoil sales, which almost touched the combined total for the first four months of the year.
While Panama Canal bunker volumes in May fell back by 5.1% year on year, they were also down on April’s volumes, which totalled 414,137 mt.
Sales of very low sulphur fuel oil were the lowest of the year to date, at 312,038 mt, but HSFO 380 sales were up on March and April figures, at 33,418 mt.
There was a dramatic rise in LS MGO sales in May to 34,274 mt – this was only slightly below the 34,553 mt combined total for January through to April.
Volumes on the Atlantic side of the Panama Canal continue to fall, totalling 54,731 mt last month.
Some 545 vessels lifted bunkers at the waterway in May, down from April’s 568 but up from 531 in May 2019.