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Follow the latest news covering Panama's maritime & shipping sectors.

Highlights

Rising bunker prices to herald increased surcharges from container lines

Jan 12, 2021

Shippers should prepare for an increase in the Bunker Adjustment Factor (BAF) as carriers are anticipated to raise BAF from March onwards...

Volatile oil market sends bunker prices collapsing at ‘fastest rate’

May 08, 2020

With oil market volatility at an all-time high, even exceeding the volatility of equity markets, supply and...

Bunker prices slip, high-low sulphur spread narrows to $56

Apr 24, 2020

Marine fuel prices have dropped significantly this week with the low sulphur grade nearing below $200 per metric...

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Scrubbers payback to lengthen on narrowing high-low sulphur fuel spread

Mar 11, 2020

A global collapse of marine fuel prices has significantly narrowed the price gap between very low sulphur fuel oil (VLSFO) and high sulphur fuel oil (HSFO), putting into question the economics of scrubbers.

Bulugo launches new online platform to simplify bunker and lubes purchasing

Feb 24, 2020

Marine fuels and lubricants pricing technology firm Bulugo has developed a new online platform to help ship operators source bunker fuels and lubricants in ports across the world.

IMO 2020: Low sulphur fuel prices surge, discount to MGO vanishes

Jan 07, 2020

With the coming into force of IMO 2020 very low sulphur fuel oil (VLFSO) prices have surged since mid-December nullifying the discount to marine gas oil (MGO).

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