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."

Global Ethanol Association (GEA) and Vale logo side by side. Vale joins Global Ethanol Association as founding member  

Brazilian mining company becomes founding member of association focused on ethanol use in maritime sector.
KPI OceanConnect Logo. KPI OceanConnect seeks marine fuel trading intern in Singapore  

Bunker supplier advertises role offering exposure to commercial and operational aspects of marine fuel business.
Frank Dahan, CSL Group. CSL Group's Frank Dahan appointed chair of IBIA's Americas regional board  

Dahan brings 29 years of marine transportation and energy experience to the role.
IMO Member States, Belgium delegation. Lloyd's Register, EXMAR, and Belgium’s Federal Public Service develop interim guidelines for ammonia cargo as fuel  

Guidelines expected to receive formal IMO approval in May 2026, enabling ammonia use on gas carriers.
Knut Ørbeck-Nilssen, DNV. DNV to lead Nordic roadmap Phase 2 for zero-carbon shipping transition  

Programme will identify green corridors and tackle cost barriers through new financing approaches.
Monjasa logo. Monjasa seeks trader for Dubai operations  

Marine fuel supplier recruiting for trading role covering sales, purchasing, and logistics in UAE.
IBIA Board Elections 2026 – Call for Nominations announcement. IBIA calls for board election nominations ahead of Friday deadline  

Association seeks candidates for 2026 board positions with submissions closing 12 December.
Fraua vessel. BMT Bunker adds tanker MT Fraua to fleet  

BMT Bunker und Mineralöltransport has expanded its fleet with a new vessel.
Ruby bunkering vessel. Island Oil expands Cyprus bunkering fleet with vessel Ruby  

Island Oil adds second bunkering vessel to strengthen marine fuel supply operations in Cyprus.
Wärtsilä and Aalto University partnership signing. Wärtsilä and Aalto University extend R&D partnership to accelerate marine decarbonisation  

Five-year agreement expands international collaboration on alternative fuels and clean energy technologies.

↑  Back to Top


 Recommended