Sign up
Log in Sign up
This is a legacy page. Please click here to view the latest version.
Mon 16 Jul 2018, 09:33 GMT

Pegasus has bunker craft operator licence revoked in Singapore


Supplier is deemed to have allowed an unlicensed firm to use its vessel to perform deliveries.

Merlion statue, located at Merlion Park, adjacent to One Fullerton at the Marina Bay waterfront, Singapore.
Image credit: Flickr
The Maritime And Port Authority Of Singapore has revoked the bunker craft operator licence of Pegasus Maritime (S) Pte Ltd with effect from July 16, bringing the total number of licensed marine fuel suppliers at the Asian port down to 51.

According to the MPA, investigations revealed that Pegasus had allowed an unlicensed craft operator to use its bunker vessel to perform bunker deliveries.

"Given the severity of the breaches, MPA has revoked Pegasus' bunker craft operator licence," the MPA explained.

Last year, Pegasus was ranked 49th on the MPA's list of 55 bunker suppliers by volume, down from 44th in 2016.

Other companies to have recently lost their licence include Transocean Oil, Panoil Petroleum and Universal Energy.

In a warning to other companies, the port authority stated on Monday: "MPA reminds all bunker licensees to adhere strictly to the terms and conditions of their licences. MPA takes a serious view of contraventions of the licence terms and conditions, and will suspend or revoke the relevant licences where necessary."

Everllence 8L51/60DF engine. German ferry operator TT-Line cuts CO2 emissions with bio-LNG switch  

TT-Line reports emissions reduction after operating two Baltic Sea ferries on bio-LNG throughout 2025.
CMA CGM vessel with bunker delivery tanker alongside. CMA CGM vessel completes record biomethanol bunkering in Yangshan  

Delivery marks first time a vessel in its fleet has operated on biomethanol.
Photograph of tanker valves. Pres-Vac highlights tanker valve compliance requirements for alternative fuels  

Company outlines regulatory standards and performance criteria for pressure-vacuum relief devices on methanol and ammonia vessels.
HD Hyundai and ABS joint development project ceremony for nuclear-powered electric propulsion systems. ABS and HD Hyundai partner on nuclear propulsion for container ships  

Classification society and South Korean shipbuilder to assess feasibility for 16,000-teu vessel.
Japan Engine Corporation (J-ENG) logo. Japan Engine Corporation extends ammonia engine licence to Akasaka Diesels  

J-ENG grants domestic partner rights to manufacture alternative-fuel engines for decarbonisation efforts.
Photograph of ship with overlaid encircled text of EU regulations. DNV to host webinar on FuelEU Maritime compliance strategies  

Classification society offers insights as first reporting period closes and verification phase begins.
Photograph of ship with overlaid text showing narrowing MGO-biodiesel price spread. Biodiesel–MGO price spread narrows to $400–500/mt in Northwest Europe  

Bunker One says tighter spread creates opportunities for shipping companies pursuing decarbonisation targets.
Graphic for webinar 'Exmar: preparing to sail using ammonia as a marine fuel'. Exmar to discuss ammonia-fuelled vessel operations in webinar  

Shipowner will explore safety measures and partnerships for new dual-fuel ammonia carriers.
Aerial view of a container vessel. Skuld reports engine damage from CNSL biofuel blends amid rising alternative fuel adoption  

Marine insurer details operational challenges with biofuels, including FAME, CNSL and UCOME across member vessels.
Graphic for Exmar webinar titled titled 'Exmar: preparing to sail using ammonia as a marine fuel'. Event date: 15 April 2026. GRM and Bunker Holding to host webinar on Middle East war's impact on energy markets  

Webinar on 9 March will examine effects on crude oil, bunker and gas markets.

↑  Back to Top


 Recommended