Monjasa to bunker biofuel in Panama

Global marine fuels supplier Monjasa will start supplying biofuel bunker blends in the Panama Canal area.

PHOTO: A cruise liner approaching the first of the Panama Canal Locks, Gatun Lock. Getty Images

Monjasa will offer ISCC-certified B30-VLSFO blends in Panama, the company said in social media post. It will supply about 5,000-7,000 mt on a monthly basis.

The bio component of the product is from used cooking oil (UCO) and has been sourced from Europe, the company said. The company plans to further expand the range of grades and biofuel blend ratios offered in Panama.

Introducing biofuels in Panama has been a slower process compared to major bunkering hubs like Singapore or Rotterdam. This is primarily due to challenges with local feedstock, Monjasa’s Latin America general manager Jonas Bruslund remarked.

However, the company notes that demand for biofuels is expected to rise in 2025, driven by regulations such as the Carbon Intensity Indicator (CII) and FuelEU Maritime.

By Aparupa Mazumder

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