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The Q3 total was up by 12.3% from the previous quarter, by 6.2% from the same period a year earlier and the highest quarterly total since the first quarter of 2016.
About 1.8% of the VLSFO samples analysed by Verifuel in the third quarter of 2022 were found to be off-specification.
September's changes left Panama's Q3 total at 1.3 million mt, up by 11.9% on the year.
The total was up by 5% from September 2021.
Singapore's total for Q3 came to 12.2 million mt, the highest level since Q4 2021.