A Judge at the Singapore State Court on Thursday (19 December) sentenced Doan Xuan Than, the Captain of Prime South to five-and-a-half years in jail in relation to a multi dollar fuel heist from Shell Eastern Petroleum’s Pulau Bukom refinery.
Prosecutors said the misappropriate was on a “unprecedented scale”, according to local media.
Doan Xuan Than received about USD 5.7 million (SGD 7.7 million) worth of stolen marine gas oil. He claimed that he earned about USD 70,000 to USD 90,000 in total up until his arrest.
He had worked with three other men, who remain at large. They split the profits among themselves from selling the stolen fuel.
The Shell Pulau Bukom refinery is oil major Shell’s export centre in the Asia-Pacific region and its largest petrochemical production facility.
In August 2017, a Shell representative filed a report saying the firm had lost about SGD 2.98 million worth of fuel in April that year.
To date, Doan is the second person sentenced at the Singapore court in relation to the Shell Pulau Bukom oil heist case. The first was the former Chief Officer of Prime South.
Earlier coverage of the Shell Pulau Bukom oil heist case can be found below:
Related: Shell Singapore oil heist: Ex-Chief Officer of Prime South jailed
Related: Shell MGO bunker heist amount balloons to USD$142 million
Related: Shell MGO bunker heist update: Fresh charges issued at Singapore court
Related: Shell Singapore oil heist: More charges issued at court
Related: Shell Singapore oil heist: Nine charged offered bail
Related: Singapore bunker employee faces additional charges
Related: Intertek Singapore employee among Shell oil heist suspects
Related: Shell Singapore oil heist update: More individuals charged
Related: Shell Singapore oil heist: Shipowner should have conducted a charterer check
Related: Fuel syndicate busted at Singapore Shell Bukom
Related: Shell Singapore oil heist: Breakdown of stolen oil cargoes
Photo credit: Manifold Times
Published on: 20 December, 2019
Paul Collier, Senior Associate at global law firm Clyde & Co, offers advice to shipowners suspecting off-specification bunker fuel may have been supplied to their vessel.
Netherlands-flagged cargo vessel was detained 22.2 nautical miles southwest of Kendi Island while anchoring.
Accused’s primary role in the heist was to control the valve to bypass custody transfer meters which would otherwise capture the movement of bunker oil.
Bunker suppliers should consider how to contractually secure maritime liens against bunker tanker and the receiving vessel which the bunkers are ultimately bound.
Extraordinary general meetings to pass several resolutions for Hin Leong Holdings, Hin Leong Investment and Ritz Capital Venture were held, according to the Government Gazette.
Euronext Amsterdam and the London Stock Exchange will reflect the change of name on January 25 while New York Stock Exchange will follow on January 31.
‘MFMs will continue to have a place within the bunkering sector even when the shipping industry continues to adopt new types of marine fuels, such as LNG, biofuel, methanol, ammonia and hydrogen,’ states spokesman.
Current ISO 8217 bunker fuel standard not comprehensive enough for biofuels; National Mirror Committee working with local players to develop more comprehensive biofuels standard for Singapore, says Capt. Rahul.
‘There are some important differences between VLSFO and biofuels, and as a result, parties should consider whether additional changes should be made to biofuel bunker contracts,’ says Paul Collier.
Quek Rong Hong first joined Shell sometime in 2005 and had held the position of Blending Specialist from November 2017. At the time of arrest, his monthly basic salary was about SGD 4,300, showed documents.
Glencore previously commenced Singapore International Arbitration Centre Emergency Applications against Straits Pinnacle but those applications were dismissed, according to documents obtained by Manifold Times.
Captain Segar, MPA Assistant Chief Executive, Operations, to be also joining IBIA for the game where proceeds will be channelled into an IBIA Bursary Fund for supporting students to obtain a maritime studies degree.
