Panama Bunker Sales Post Yearly Decline But Rally From February's Eight-Month Low
The total was down by 3.8% from a year earlier but up by 12.6% from February's level.
Source: shipandbunker.com
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The total was down by 3.8% from a year earlier but up by 12.6% from February's level.
The total was down by 3% on the year and by 5.2% from January's level.
The average stem size dropped by 9.3% on the month to about 666 mt.
Total sales for 2021 were 18.4 million mt, a lift of 5% over the 17.5 million mt sold in 2020.
The company expects an improving outlook for its marine business this year, its managers said in a call with analysts.