RECOVERY POSITION: THE WAY BACK FOR SHIPPING AND BUNKER MARKETS  

Chaos in world shipping and bunker markets, following hot on the heels of the economic devastation caused by the Covid-19 pandemic, will ensure that debate at this year’s Maritime Week Americas in Panama will be even more lively than usual.

Disrupted global supply chains, runaway oil prices and container freight rates, major port congestion and international sanctions pose a unique set of problems that will be analysed and discussed in depth. But despite the huge logistics and personnel challenges, the strategically important shipping and bunkering sectors have had no option but to work throughout this difficult period. Nowhere is this more evident than in Panama.

For the first time ever, the Panama Canal broke the 500 million tonnage barrier last year. Sales figures for 2021 suggest that Panama’s bunker sales are on the path to recovery from the mid-2020 slump, when the Covid -19 disruption was having its biggest impact on shipping activity and bunker demand. Sales volumes could also see a fillip from the start of supply operations at the Cristobal outer anchorage which began in March 2021. Furthermore, global economic and shipping activity is now increasing, which should support the bunker market generally.

MWA22 promises a high-powered Flagship Conference, a visit to the Panama Canal and an onboard tour of a Monjasa bunker tanker - in addition to the most spectacular networking in the bunker industry. MWA22 will certainly deliver! 

1. MWA CONFERENCE

MWA Conference • Wednesday 25 - Thursday 26 May 2022

Maritime Week Americas will investigate how Panama – and the Americas in general – is negotiating the turmoil and how individual markets are reacting.

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 The MWA Conference includes a fabulous Networking Trip to the Panama Canal on Tuesday 24.

This trip is open to all conference delegates, however, please note there is a maximum capacity so places will be allocated on a first come first served basis. In order to secure your place please email events@petrospot.com.

2. TRAINING COURSES

Monday 23 May 2022 - An Introduction to Marine Fuel Analysis

The course is aimed at buyers, superintendents and engineers with a good working knowledge (but not specialist knowledge) of marine fuels. All current test methods will be explained. The course will also examine four major quality incidents and see how they have changed the way we test fuels.

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Monday 23 May 2022 - An Introduction to Shipping and Bunkering

Internationally renowned shipping and bunkering expert Nigel Draffin covers the essentials of shipping and bunkering in a comprehensive overview of these sectors, with particular emphasis on how they are mutually dependent.

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Tuesday 24 May 2022 - An Introduction to LNG Bunkering

This course is designed to bring delegates up to speed with the technical, operational, practical and safety-related aspects of using LNG as a source of fuel for ships. It will look at how methane is stored and burned, fuel and gas systems, safety risks and regulations, bunkering methods, measurement, pricing, and international training requirements.

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3. EXHIBITION

The Maritime Week Americas 2022 exhibition offers you all the benefits of a networking environment in which you can consolidate existing, and develop new, business relationships. Use this opportunity to acquire new leads and build your brand by booking a table top exhibition space.

Exhibition

NEWS

SPEAKING OPPORTUNITIES

If you are interested in contributing to the programme, we would welcome your suggestions and comments phone: +44 1295 814455 or email lbh@petrospot.com

Covid-19 – Cancellation Policy

We are continuously monitoring the Covid-19 situation in Panama and across the world.

If you have already registered and paid to attend Maritime Week Americas 2022 but are subsequently informed by the authorities in your country of residence that you are not permitted to travel to Panama at the time of the event, you will be given the opportunity to transfer your registration to the next Maritime Week Americas, scheduled for Fort Lauderdale in October 2022. Should you find that you are unable to attend on the new dates for any reason – and are unable to transfer the registration to a colleague – Petrospot will refund your registration fees in full.

We are working closely with our hotel and venue partners to ensure that our clients are not exposed to any financial risk should they be obliged to cancel. However, any hotel cancelations will be at the discretion of the hotel, rather than Petrospot.

Petrospot reserves the right to require proof of vaccination status and/or a recent negative Covid-19 test and to request a temperature test on arrival at the event, in line with any local official guidelines. We will also follow all local Government guidelines with regards to social distancing, participant numbers and sanitisation standards.

Please note these guidelines are subject to change but you will be made aware of any implications ahead of time.