Sinomed, the Piraeus-based authorized distributor of Sinopec marine lubricants, has officially commenced operations in Panama, further strengthening its global supply network. Stock has successfully arrived, and deliveries will begin on April 11, marking a significant milestone in Sinopec’s global expansion strategy.
This new operational hub at one of the world’s most critical maritime crossroads will provide ship operators and fleet managers with full access to Sinopec’s high-performance marine lubricants—available for delivery both by truck and barge.
Full-Service Delivery from Key Panama Locations
Sinomed will offer seamless bulk deliveries via truck throughout Panama, as well as barge deliveries at key anchorage points. Vessels can now receive products at Balboa inner anchorage on the Pacific side and at Cristobal inner anchorage after transiting the Panama Canal. This strategic positioning ensures timely and efficient access to Sinopec’s complete range of marine lubricants.
According to Vangelis Glyptis, Managing Director of Sinomed, “The launch of operations in Panama represents a major step forward in our mission to ensure that vessels navigating critical trade routes have reliable access to Sinopec’s top-tier lubrication solutions. With the full range of products now in stock, we are fully equipped to meet the needs of shipowners transiting the Panama Canal and operating in surrounding regions.”
Panama’s Strategic Bunkering Importance
Panama holds a pivotal role in the global maritime industry, acting as a key bunkering hub due to its strategic location at the crossroads of the Atlantic and Pacific Oceans. The Panama Canal, one of the busiest shipping lanes in the world, sees more than 12,000 transits annually, making it a critical point for refueling vessels. With its well-established infrastructure, including top-tier ports and efficient logistics, Panama is ideally positioned to serve as a major bunkering center for ships operating between continents. Sinomed’s new stock point in Panama strengthens this dynamic, ensuring that vessels passing through the canal or operating in the region have reliable access to high-quality Sinopec marine lubricants.
Strengthening Sinopec’s Global Footprint
Panama’s operational launch is part of Sinopec’s broader 2030 vision, which focuses on expanding its global supply capabilities and offering sustainable, high-performance marine lubricants in key shipping hubs. The new Panama hub complements the recently launched Sinopec marine lubricants stock point in South Africa, positioning Sinomed as a key player in Sinopec’s international growth.
By establishing local stock and fast delivery options in Panama, Sinomed is further optimizing supply chain efficiency for vessels operating between the Atlantic and Pacific Oceans. This expansion is expected to significantly reduce logistical costs and lead times for ship operators across the Americas.
About Sinomed
Headquartered in Piraeus, Sinomed is the authorized distributor of Sinopec marine lubricants and operates a growing supply network covering Greece, Cyprus, South Korea, South Africa, and now Panama. Sinomed plays a vital role in advancing Sinopec’s global marine lubricants strategy by delivering innovative, high-performance solutions to the maritime industry worldwide.
For more information about Sinopec’s marine lubricants and Sinomed’s new operational hub in Panama, ship operators and fleet managers are encouraged to contact Sinomed directly to explore tailored supply solutions.
Source Sinomed