BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News





Two top 10 suppliers banned from bunkering in Singapore

30 Aug 2017 13:57 GMT

Universal Energy and Panoil Petroleum will not have their supplier licences renewed when they expire on Thursday.



The Maritime and Port Authority of Singapore (MPA) confirmed on Wednesday that it will not be renewing the bunker supplier licences of two of last year's top 10 suppliers - Universal Energy Pte Ltd and Panoil Petroleum Pte Ltd - when they expire on August 31.

Additionally, the bunker craft operator licence of Universal Energy will not be renewed, the MPA confirmed.

As a result, both companies will no longer be allowed to operate as a bunker supplier and bunker craft operator in Singapore.

Explaining the reason for not renewing Panoil's supplier licence, the MPA said that the company had made unauthorised alterations on the pipelines of their bunker tankers and had accumulated demerit points for not complying to bunkering procedures.

The news comes just over two weeks since the MPA revoked the bunker craft operator licence of Panoil after checks revealed that there had been unauthorised alterations made on the pipelines of the bunker tankers between the mass flow meter (MFM) and the flow boom on board five tankers that had been temporarily suspended in March.

Universal Energy Pte Ltd, meanwhile, was said to have accumulated demerit points for the delivery of "severely aerated" fuel, as well as stoppages during bunkering operations.

"With the demerit points accumulated, Panoil Petroleum Pte Ltd and Universal Energy Pte Ltd have failed to be accredited under the Accreditation Scheme for Bunker Suppliers. This is a key requirement for the renewal of bunker licences under the terms and conditions of the licences," the MPA said.

Demerit points

Jointly developed by MPA and the Singapore Shipping Association and implemented on June 1, 2003, the demerit points system is part of the Accreditation Scheme for Bunker Suppliers. The scheme aims to recognise good bunker suppliers and deter malpractice in the industry.

Annual renewal of the bunkering licence is subject to bunker suppliers achieving the accreditation qualifications.

In a warning to other companies, the port authority said: "MPA reminds all licensed bunker suppliers and bunker craft operators to adhere strictly to the terms and conditions of their bunker licences. MPA will take firm action against any licensee who has acted in contravention of their licences."

Universal Energy last year rose four places to be ranked as the third-biggest bunker supplier by sales volume in Singapore, whilst Panoil Petroleum was listed tenth.




Related Links:

Cross-industry group in talks to plug bunker tanker loadings 'loophole'
Singapore supplier has five tankers suspended over MFM 'irregularities'
VPS director highlights need for MFM fuel delivery monitoring
Chemoil named Singapore's top bunker supplier for second year in a row
Singapore bunker craft operator convicted and fined
Singapore
Singapore

Latest News:

FueLNG completes first commercial LNG bunker delivery in Singapore
Viking Sun cruise ship featuring bunker-saving engine and scrubber delivered
Digital bunker procurement: Why is now the time to pay attention?
Oil and fuel oil hedging market update
Less online U.S. oil rigs, OPEC non-event and central bank speeches coming up
Wartsila outlines 'new opportunities for supplying LNG' with FSRB concept
Another first for Wartsila as wireless charging for hybrid coastal ferry is 'successfully' tested
Scandlines hails bunker-saving summer for hybrid ferries
BHP, GoodFuels to collaborate on biofuel bunker project in Singapore
The OPEC / non-OPEC meeting takes centre stage
Oil and fuel oil hedging market update
Fluxys focuses investment on Zeebrugge's fifth LNG tank and second jetty




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
Directory
Africa
Asia
Central America
Middle East
North America
North Europe
Oceania
South America
South Europe
Directory
Germany
Gibraltar
Greece
Hong Kong
Italy
Japan
Netherlands
Panama
Russia
Singapore
South Africa
South Korea
Spain
Turkey
United Arab Emirates
United Kingdom
United States
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Events
Upcoming Events