Sign up
Log in Sign up
Mon 8 Jul 2013, 15:02 GMT

Palmstone Petroleum bunker licence cancelled


Company is no longer allowed to operate as a bunker supplier in the Port of Singapore.

The Maritime and Port Authority of Singapore (MPA) has cancelled Palmstone Petroleum Pte. Ltd.'s bunker supplier licence with effect from July 8, 2013.

The cancellation of the licence was carried out as a result of the company contravening the terms and conditions of the bunkering licence, the MPA said.

According to the port authority, Palmstone Petroleum was found to have breached clause 3 of the terms and conditions of the bunkering licence by allowing another company to use its Bunker Delivery Notes (BDNs) to supply bunkers to customers of that other company.

Following the cancellation of its bunker supplier licence, Palmstone Petroleum is no longer allowed to operate as a bunker supplier in the Port of Singapore. All bunker suppliers and bunker craft operators operating in the Port of Singapore are required to be licensed by the MPA.

This is the third such case this year. Within the last two weeks, the bunkering licences of Golden Lights HS Bunkering Pte. Ltd. and Coast-Channels Marine Services Pte. Ltd. were also cancelled for allowing another firm to use their BDNs to supply marine fuel to clients.

Towards the end of last month, another company - Shing Li Shipping Pte. Ltd. - had its bunkering bunkering licence as a bunker craft operator cancelled. The firm was said to have breached clause 31 of the terms and conditions of the bunkering licence for delivering bunkers on behalf of an unlicensed company to customers of that company.

Supplier rankings

In the MPA's ranking of suppliers by volume in 2012, Palmstone Petroleum was ranked 46th, Golden Lights 61st and Coast-Channels 32nd in a list of 71 suppliers in Singapore.

Reminder to suppliers

In a reminder to other bunker companies operating in Singapore, the MPA said: "MPA would like to emphasise to all licensed bunker suppliers that the bunker supplier's licence is not transferable under the terms and conditions of the bunkering licence. All licensed bunker craft operators are also advised not to make use of any bunker tankers to deliver bunkers on behalf of any person, firm or company that is not a bunker supplier licensed by MPA."

To report any instances of malpractice in the bunkering industry, please contact the MPA's Marine Services Department at msd@mpa.gov.sg.

Bunkering vessel   Singapore  Singapore (SG) 
RSP and RST logo. Agreement signed to bring shore power to Rotterdam shortsea terminal by 2030  

Shore power partnership at Rotterdam’s RST terminal targets AFIR compliance and reduced ship emissions at berth by end of decade.
Equatorial logo. Equatorial Marine Fuel receives dual sustainability recognitions in 2026  

Singapore-based bunker firm earns the LowCarbonSG logo and an EcoVadis Bronze Medal.
Red Sea topographic map. Red Sea diversions and Mediterranean emissions rules set to squeeze bunker supply, warns Peninsula  

Bunker supplier Peninsula warns rerouted tankers face soaring fuel costs and regulatory penalties.
Hydrogen maritime workshop. Hydrogen maritime workshop held to push early regulatory alignment  

Classification society and French maritime authority explore pathways for hydrogen deployment at sea.
Launching ceremony of MSC Licia X vessel. Changhong International undocks seventh LNG dual-fuel container ship for MSC  

Vessel is part of a series fitted with ammonia-ready and methanol-ready provisions.
IBIA logo. IBIA urges further investigation into marine fuel concerns linked to shale oil components  

Industry body says evidence does not establish a direct link between shale oil and reported operational issues.
KUSPC grand opening. ABS grants AiP for LNG bunkering barge design  

Samsung Heavy Industries and Conrad Shipyard receive AiP for basic design under joint development.
Waalvliet vessel. ABB and Econowind combine wind propulsion with digital routing to cut ship emissions  

The partnership integrates wind-assisted propulsion with weather routing to reduce fuel consumption.
Peninsula logo. Peninsula seeks junior cargo trader for Dubai role  

Position centres on the procurement of marine fuels, blending components and associated products.
Island Oil Summer Students Programme. Island Oil opens operations to students in summer internship programme  

Cyprus-based firm gives students hands-on experience across its bunker business.




   Fuels & Propulsion

Ammonia B100 B24 B30 Bio-LNG/LBM Biofuel Biogas Biomethanol Dual-fuel E-fuel E-methane/e-NG E-methanol Electric Ethanol FAME Green hydrogen Green/e-ammonia HVO Hydrogen LNG LPG Lubes Methanol MGO Nuclear UCOME ULSFO VLSFO Wind



 Recommended