C. B. Fenton & Co.  to work with Kanfer Shipping for LNG bunkering

CB Fenton, part of Ultramar (Chile), and Kanfer have signed a memorandum of understanding (MoU) with the clear purpose of establishing an attractive hub for LNG bunkering and smallscale LNG distribution in/out of Panama. The parties have joined forces and are now seeking a partner in the LNG trading space. The purpose would be that

Largest Biofuel production and distribution hub for development in Panama

The development of the world’s largest biofuels production and distribution hub commenced by energy industry companies led by SGP BioEnergy in May 2022. The facility is expected to be completed in five years at Colon and Balboa in Panama. It will be the largest advanced biorefinery and Sustainable Aviation Fuel (SAF) production platform in the

MGO sales in Panama down by 9.7%

Some 377,649 metric tonnes (mt) of marine fuel were sold in Panama last month – 9.7% down on the 418,415 mt registered in February 2021. Last month’s total also represented a 16.4% drop on the 451,664 mt of marine fuel sales recorded in January. A total of 229,359 mt of very low sulphur fuel oil