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Petrojam Prepares For Higher Bunkering Demand

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Revenue from bunkering has flattened over the last two years and the projection for the current year is zero growth, but Petrojam said this week that it is looking farther ahead to improved in sales with the opening of the Panama Canal and other developments in the shipping industry.

Winston Watson, general manager of Petrojam Limited, said the oil-refining company is making improvements to capacity to handle the new demand that will emerge with widening of the Central American shipping corridor.

Published in The Gleaner
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