Sign up
Log in Sign up
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.

Bulk carrier   Container ship   Panama 
Container ship at harbour. Skuld warns of unusual chemical compounds in Southeast Asian marine fuels  

Marine insurer reports fuels meeting ISO 8217 standards but containing high levels of hydrocarbon compounds.
Arsenio Dominguez, IMO. IMO chief urges progress on net-zero framework amid Hormuz crisis  

Arsenio Dominguez calls for constructive dialogue as MEPC 84 tackles greenhouse gas measures and ballast water regulations.
Monjasa Shaker vessel. Monjasa reflags UAE-based tankers to Emirates registry  

Marine fuels supplier transitions first of three vessels from Liberian to UAE flag.
Ammonia bunkering at Port of Ulsan. Lotte Fine Chemical completes world’s first commercial ammonia bunkering at Ulsan  

South Korean chemical company claims to have established a complete green ammonia value chain.
London skyline. Propeller Fuels seeks bunker trader for London office  

Marine fuel supplier advertises for trader to manage procurement, sales and client relationships.
Windward Hamburg vessel. Fincantieri’s VARD launches first of four offshore wind vessels for Windward Offshore  

VARD 4 19 design vessel features battery hybrid propulsion and green methanol preparation.
Singapore Maritime Week panel session. Singapore industry leaders call for regulatory clarity on maritime energy transition  

SSA councillors highlight need for government support and clear policies to enable alternative fuel adoption.
Aerial view of container vessel at sea. Seaspan and Technolog unveil LNG feeder design with four-week ammonia conversion pathway  

Lloyd’s Register grants approval for a 3,370 TEU vessel concept designed for swift transition to zero-carbon fuel.
David Foo, MPA. Singapore’s MPA backs LNG as part of multi-fuel strategy for shipping decarbonisation  

Authority emphasises regulatory frameworks and workforce development as sector navigates geopolitical uncertainty and energy transition.
ABS and PIL sign MoU. ABS and PIL partner on book-and-claim emissions verification  

Classification society to verify fuel consumption and emissions data for shipping line’s alternative fuel claims.

↑  Back to Top


 Recommended