Panda joined the logistics forces of the Seventh Fleet in the Southwest Pacific in March 1944, and served as floating oil storage facility, primarily at Hollandia, New Guinea, until October, when she followed the invasion forces to San Pedro Bay, Leyte. During the next three months, her gunners shot down five enemy planes during four separate attacks, none of which put her out of action. Her service to the fleet in the Philippines continued through the final months of action. Panda remained in the Philippines to serve occupation forces until sailing for Norfolk, Virginia, arriving 5 June 1946. There she decommissioned on 12 July 1946, returned to the War Shipping Administration on 15 July 1946, and was stricken from the Naval Vessel Register on 31 July 1946.
Panda received one battle star for World War II service.