This is a legacy page. Please click here to view the latest version.
Thu 4 Jan 2018, 12:43 GMT

Panama ships consumed the most bunker fuel in 2015: report


Ships registered in Panama are estimated to have consumed 43.9 million tonnes of fuel in 2015.



Panama-flagged ships consumed more bunker fuel than any other country in 2015, according to a report published by the International Council on Clean Transportation (ICCT).

The study, entitled 'Black carbon emissions and fuel use in global shipping 2015', calculates that ships registered in Panama used 43.9 million tonnes of bunkers in 2015, representing 16.5 percent of the total amount consumed (266.275 million tonnes) by vessels globally.

According to the report, five flag states - Panama, China, Liberia, Marshall Islands and Singapore - consumed 137 million tonnes of fuel in 2015, which was equivalent to 52 percent of total fuel consumption by ships.

Bulk carriers (15.1 million tonnes) and container ships (10.4 million tonnes) together made up more than half of Panama's total.

China-flagged vessels were ranked second in the report, with consumption assessed at 27.9 million tonnes. Container ships represented 9.7 million tonnes of the country's total, and bulk carriers 9.5 million tonnes.

Liberia (27.2 million tonnes), Marshall Islands (20.6 million tonnes) and Singapore (17.5 million tonnes) made up the rest of the top five flag states.

In Liberia and Singapore, boxship consumption was ranked above the other vessel type categories at 12.1 million tonnes and 6.9 million tonnes respectively. In Marshall Islands, meanwhile, bulk carriers were deemed to have consumed the most fuel, 6.3 million tonnes, in 2015.


Tangier Maersk vessel. Maersk takes delivery of first methanol-capable vessel in 9,000-teu series  

Tangier Maersk is the first of six mid-size container ships with methanol-capable dual-fuel engines.

IBIA MFM bunkering training course graphic. IBIA to run surveyor training course for mass flow meter-equipped bunkering in Rotterdam  

One-day course scheduled for 19 February aims to prepare professionals for MFM-equipped bunkering operations.

CO2 carrier vessel aerial view. MOL secures two 12,000-cbm CO2 carriers for Northern Lights expansion  

Japanese shipowner to deliver vessels in 2028 for cross-border carbon transport and storage project.

MOL and ONGC VLEC long-term charter signing. MOL and ONGC sign 15-year charter deal for two ethane carriers  

Japanese shipowner expands fleet to 16 vessels with newbuildings scheduled for delivery in 2028.

Vessels at sea. Dual-fuel container ship and vehicle carrier fleet reaches 400 vessels  

World Shipping Council reports 83% increase in operational dual-fuel vessels during 2025.

Photograph of a blue cargo vessel. Lloyd’s Register publishes first guidance notes for onboard hydrogen generation systems  

Classification society addresses regulatory gap as shipowners explore producing hydrogen from alternative fuels onboard.

Erasmusbrug bridge in Rotterdam. Rotterdam bunker industry faces upheaval as new regulations drive up costs and shift volumes  

Red III compliance costs and a mass flow meter mandate are creating operational challenges across the ARA region.

Neil Chapman, VPS. VPS appoints Neil Chapman as managing director for the Americas  

Maritime services company names industry veteran to lead regional operations and client partnerships.

Oil refinery infrastructure. Maritime industry shifts towards LNG as alternative fuel enthusiasm stalls  

Geopolitical concerns drive shipping leaders to prioritise established fuels over newer alternatives, survey finds.

OceanScore logo. OceanScore reaches $5m annual recurring revenue as emissions compliance demand grows  

Hamburg-based firm supports compliance workflows for more than 2,500 vessels as regulations enter operational phases.


↑  Back to Top


 Recommended