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



Coast-Channels bunkering licence not renewed

Bunker supplier Coast-Channels Marine Services is said to have allowed another firm to use its Bunker Delivery Notes.



Image credit:


Updated on 01 Jul 2013 13:13 GMT

The Maritime and Port Authority of Singapore (MPA) has today (July 1) announced that it has decided not to renew the bunker supplier licence of Coast-Channels Marine Services Pte. Ltd..

According to the MPA, Coast-Channels' bunkering licence was not renewed because the company was deemed to have allowed another firm to use its Bunker Delivery Notes (BDNs) to supply marine fuel to its clients - a practice which is in breach of clause 3 of the terms and conditions of the bunkering licence.

"This non-renewal of licence is akin to a cancellation," the MPA said.

In a reminder to other bunker companies operating in Singapore, the MPA said: "All licensed bunker suppliers are reminded that under clause 3 of the terms and conditions of the bunkering licence (bunker Ssupplier), bunker suppliers shall not transfer, assign, sublet, share, part with or otherwise dispose of any of their rights, duties, liabilities, obligations and privileges under the terms and conditions of the Licence.

"MPA will not hesitate to suspend or cancel the bunkering licence of any bunker supplier or bunker craft operator that is found to have contravened any of the terms and conditions of its Licences," the port authority added.






Related Links:

Two Singaporean firms have bunker licences cancelled
MPA issues bunker licence reminder
G-Fuel bunker licence cancelled
Winbuild Petrofin bunker licence cancelled
Singapore
Singapore

Latest News:

Oil and fuel oil hedging market update
Singapore records best ever October bunker sales; YTD volume down 1%
Oil trading below $70 after highly volatile start to week
Genoil lowers fuel sulphur content in latest processing run
Aegean staff have been relying on compensation and benefits to support families: EY
Higher bunker prices help push up Hanwa's overseas revenue
Aegean doesn't have a centralized accounting system: EY director
Oil and fuel oil hedging market update
Brent heads back upwards after breaking below $70 on Friday
Aegean's proposed bidding process revealed
Aegean proposes bidding timeline as Mercuria offers $681m
Genco to decide on scrubbers for 15 bulkers by early 2019 - 'if not before'




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
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
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events