Tag: bunker fuel prices
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Panama Bunker Fuel Sales Drop by 8.3% in August 2025
Panama’s bunker fuel market experienced a notable downturn in August 2025, with total sales reaching 419,056 metric tonnes (mt), marking an 8.3% decrease compared to 457,126 mt in August 2024. Breakdown of August 2025 Bunker Fuel Sales Pacific Side (351,419 mt): Atlantic Side (67,637 mt): Market Dynamics and Trends Year-to-Date Overview Despite the August decline,… Read more
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Understanding Bunker Pricing Trends in Global Shipping
In today’s dynamic shipping industry, bunker fuel prices are among the most critical operational costs for shipowners, operators, and charterers. With fuel accounting for up to 60% of total voyage costs, even small fluctuations in bunker prices can significantly impact profitability. At GF Bunker Trade, we understand that competitive pricing must be backed by deep… Read more
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Bunker Fuel Prices: Real-Time Updates, Global Trends, and What to Expect in 2025
For shipowners, operators, and procurement managers, keeping track of bunker fuel prices, including marine fuel prices in Panama, is critical to operational planning and budget control. The marine fuel market is dynamic—prices for VLSFO (Very Low Sulfur Fuel Oil), HSFO (High Sulfur Fuel Oil), and MGO (Marine Gas Oil) fluctuate daily depending on supply, demand,… Read more