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The Maritime and Port Authority of Singapore (MPA) has announced the cancellation G-Fuel Pte. Ltd.'s bunker supplier licence with effect from 15 December 2012.

According to the MPA, the cancellation of the licence follows G-Fuel contravening the terms and conditions of the bunkering licence.

In a statement, the MPA said: "The company was found to have breached Clause 3 of the terms and conditions of the Bunkering Licence (Bunker Supplier) by allowing another company to use G-Fuel's Bunker Delivery Notes to supply bunkers to the customers of that company."

With the cancellation of its bunker supplier licence, G-Fuel will no longer be allowed to operate as a bunker supplier in the Port of Singapore. All bunker suppliers operating in the Port of Singapore are required to be licensed by MPA.

"All licensed bunker suppliers are required to adhere strictly to the terms and conditions of the bunkering licence and the bunker supplier's licence is not transferable under the terms and conditions. MPA does not condone such acts and we will not hesitate to suspend or cancel the bunkering licence of any bunker supplier found to have contravened any of the terms and conditions of the bunkering licence," said Captain M Segar, MPA's Assistant Chief Executive (Operations).

In 2011, the Port of Singapore saw record bunker sales volume of 43.2 million tonnes. Accumulated sales for the year up until the end of November are 39,069,600 tonnes, which means that bunker sales this month would need to be above 4,084,200 tonnes - a new record - in order to beat last year's total figure.

"Singapore's strong performance in bunker sales can be attributed to its strategic location at the crossroads of international trade and the industry structure that results in competitive bunker prices and assured quality and safety standards," the MPA said.