Tag: marine fuel
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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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The Global Importance of the Panama Canal
The Panama Canal is one of the most strategically vital maritime routes in the world. Since its opening in 1914, it has revolutionized global trade by connecting the Atlantic and Pacific Oceans through the Isthmus of Panama. Today, the global importance of the Panama Canal is greater than ever, as the shipping industry seeks faster,… Read more
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LNG Bunkering Sees Strong Growth in 2025, Positioning Itself as the Future of Marine Fuel
As the maritime industry pushes toward decarbonization, Liquefied Natural Gas (LNG) is emerging as a leading alternative to conventional bunker fuels. In 2025, the demand for LNG as a marine fuel has surged. This surge is driven by environmental regulations, cost efficiency, and expanding port infrastructure. Industry reports show that Asia remains the fastest-growing region… 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