Panama Canal expansion
Puma Energy fuels the largest expansion project in the Canal’s history.
Exclusive fuel contract
Global demand is rising for the efficient shipping of goods, and the Panama Canal, connecting the Pacific and Atlantic Oceans, is set to be a significant feature of world shipping for the foreseeable future. To capture a bigger share of this market and accommodate larger Post-Panamax vessels, the Panama Canal Expansion project began in September 2007. The Panama Canal Authority (ACP) awarded the project to Grupo Unidos por El Canal (GUPC), who began the work with an initial requirement for more than 250,000m³ of fuel that would be purchased from and delivered exclusively by Puma Energy.
The Panama Canal Expansion is the largest project at the Canal since its original construction. The project will create a new lane of traffic along the Canal through the construction of a third set of locks, doubling the waterway’s capacity. As part of the commercial offer to GUPC, we designed and built two fuel farm tanks, one in the Atlantic and one in the Pacific, with a total storage capacity of 800m³.
Fuelling the Panama Canal
Puma Energy has also been awarded the ACP direct fuels contract for all their operations, amounting to around 57,000m³ fuel per year. The ACP needs fuel for all power generation, dredging, boat load dispatching and the road transport services used by internal and external customers in the daily operations of the Canal. We work closely with ACP on a monthly basis
to coordinate and deliver the fuel they need to support the day-to-day operations of the Canal.
When the expansion is completed in mid-2016, the Canal is expected to serve around 40% of the world’s shipping industry