Singapore Revokes Two Bunker Licenses
Posted by Eric Haun
Friday, February 13, 2015
Two companies are no longer allowed to operate as bunker suppliers and bunker craft operators in the Port of Singapore.
The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator licenses of Hong Fatt Oil Trading Pte Ltd and Tankoil Marine Services Pte Ltd with effect from February 9, 2015.
According to MPA, routine checks were conducted last year on Hong Fatt Oil Trading and Tankoil Marine Services as part of an ongoing regulatory effort to ensure the safety, reliability and quality of the nation’s bunker supplies.
MPA said separate investigations into the two companies revealed discrepancies and wrongful declarations in the records kept on board their bunker tankers. There were also incidences of transfers of bunkers between bunker tankers that were done without MPA's approval. MPA has therefore decided to revoke the companies' licenses as they had breached the terms and conditions of their bunker supplier and bunker craft operator licenses.