The Maritime and Port Authority of Singapore (MPA) revoked the bunker supplier and bunker craft operator licences of Singapore-based Transocean Oil effective Monday.
‘Transocean will no longer be allowed to operate as bunker supplier and bunker craft operator in the Port of Singapore,’ it notes in a statement.
According to MPA, checks on Transocean in March and April found were several falsifications of records and discrepancies in the stock movement logbooks on board the bunker tankers operated by Transocean.
These findings, in turn, meant a breached the terms and conditions of Transocean’s bunker supplier and bunker craft operator licences.
‘MPA reminds all licensed bunker suppliers and bunker craft operators to adhere strictly to the terms and conditions of their bunker licences,’ it warns.
‘MPA will take firm action against any licensee who has acted in contravention of its licence(s), including the suspension or revocation of licence(s).’
Emelia Yusope promoted to Senior Bunker Trader, while Jason Ho joins the Singapore office as Bunker Trader.
‘We still see circumstances where a product is ‘off-spec’ and the holder of the fuel is then trying to move it back ‘on-spec’ through the use of appropriate additive technology,’ says spokesman.
Setiawan has eight years of bunker experience previously with a large global bunkering group and is proficient in Indonesian, English and French.
Company asserts that mitigating risks for members, embracing technological innovations, and maintaining transparency are key to its bunker alliance’s relevance.
VLSFO was rushed into the maritime industry to meet IMO2020 regulations and it has shown signs of exceeding set safety parameters, reports Forbes.
Bunker Holding subsidiary to offer VLSFO, RMD80 0,1% and MGO 0,1% from the latest supply location.
‘We are happy to sit down with interested parties to discuss this opportunity, and share more details of our business regarding STS transhipment and storage with potential clients upon request,’ states Managing Director.
Top three positive movers in 2021 were Hong Lam Fuels Pte Ltd (+14); Sirius Marine Pte Ltd (+12); and TFG Marine (+11); according to the latest data from the Maritime and Port Authority of Singapore.
Webinar will offer delegates insights on the prevention of operational issues when using VLSFOs, along with an update on biofuels and bunker fuel quality trends for 2021 and its forecast for the current year.
Heating VLSFOs to prevent cold flow issues causes issues related to distillate ageing, and there is a gentle balance to be maintained when handling the product.
Research into n-paraffin distribution of VLSFOs has shown that they not only differ from MGO, but significantly differ from each other as well, states bulletin.
Bunker Holding and Dan-Bunkering have decided not to appeal the city court ruling in the case where the companies were on trial for breaching EU sanctions against Syria, states USTC.
