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Shell MGO bunker heist: Former Shore Loading Officer receives 29-year jail sentence over total 85 charges

Juandi bin Pungot spent SGD 3.4 million of his criminal benefits on amongst others, cars, luxury watches, and properties, according to documents seen by Singapore bunkering publication Manifold Times.

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Former Shore Loading Officer receives 29 year jail sentence over total 85 charges

The former Shore Loading Officer of the Shell Pulau Bukom manufacturing site received a 29-year jail sentence at the State Courts of the Republic of Singapore on Thursday (31 March) over charges relating to the misappropriation of marine gas oil (MGO).

Juandi bin Pungot faced a total 85 charges for criminal breach of trust (40 charges), money-laundering (32 charges), and corruptly giving gratifications to various surveyors (13 charges), according to court documents seen by Singapore bunkering publication Manifold Times.

Juandi, who pleaded guilty to several of these charges in February 2022, was first employed by Shell Eastern Petroleum Pte Ltd on 1 June 2004 as a Process Technician and later rose to hold the position of Shore Loading Officer.

Unknown to his employers, he also became one of the masterminds of a long-term and large-scale conspiracy to misappropriate gasoil from the Shell Pulau Bukom manufacturing site as early as 2007.

Together with other Shell employees who were his colleagues in “Team D”, Juandi secretly siphoned off about SGD 128 million in gasoil for sale on the black market between mid-2014 and 2018, earning at least SGD 5.63 million for himself.

During the offending period, Juandi spent SGD 3.4 million (exact: SGD 3,417,201.32) of his criminal benefits on amongst others, cars, luxury watches, and properties; some items were:

Former Shore Loading Officer receives 29 year jail sentence over total 85 charges

Deputy Public Prosecutors noted the offences committed by Juandi and his co-conspirators were exceptionally difficult to detect due to the systematic steps taken by the syndicate to conceal their crimes as they were able to cover their tracks effectively due to their collective in-depth knowledge of Shell’s systems.

These methods included configuring the flow of misappropriated gasoil through carefully planned routes that avoided custody transfer meters, while ensuring multiple pumps and tanks were moving at the same time to mask the misappropriation of gasoil.

They also included hiding misappropriation from a tank by shifting production into the same tank, and timing the incidents of misappropriation carefully such as by pausing a legitimate loading of purchased gasoil in order to transfer misappropriated gasoil.

The syndicate also took active steps to evade detection including manipulation of the control panel to mask the movement of misappropriated gasoil, and tampering with the bunker meter to disrupt the meter’s ability to register any readings when gasoil was passed through.

This included distracting supervisors and tampering with the orientation of CCTV cameras, and coordinating their criminal activities through group chats that they would subsequently delete.

Between 2014 to 2017, Juandi also issued a total of USD 188,000 and SGD 20,000 in bribes to at least 13 independent surveyors who were engaged to inspect tanks on board various vessels receiving gasoil at Shell Pulau Bukom.

“The sheer scale of the offending in this case is without precedent. It strikes at the core of a strategic industry for Singapore, and must be met with a resounding deterrent sentence,” concluded a Deputy Public Prosecutor.

“Juandi and his co-conspirators misappropriated immense amounts of gasoil from Shell Pulau Bukom over a protracted period. Their offences required painstaking investigation and immense resources to uncover.

“The staggering losses have not been made good. Indeed, there is little hope that any of the offenders will be able to make any meaningful restitution.”

Juandi is expected to begin serving his jail sentence on 6 May.

Note: Court proceedings against other allegedly involved parties, including former employees of Shell Pulau Bukom, are ongoing. A list of earlier developments recorded by Manifold Times are as follows:

Related: Shell MGO bunker heist: Ex-Process Technician received minimum SGD 735,000 in benefits, faces 43 charges
RelatedShell MGO bunker heist: Ex-Shell employee admits leading role in illicit operation
RelatedShell MGO bunker heist: Sentek ex-Director faces 40 fresh charges
RelatedShell MGO bunker heist: Two former Shell employees jailed over theft
RelatedShell MGO bunker heist: High Court affirms ‘Prime South’ forfeiture to Singapore State
RelatedShell MGO bunker heist: Three ex-Shell employees charged with bribing surveyors
RelatedShell MGO bunker heist: Second ex-Shell employee pleads guilty to nine charges
RelatedShell MGO bunker heist: First ex-Shell employee to plead guilty over involvement
RelatedShell MGO bunker heist: Director of Singapore bunkering firm released from police custody
RelatedShell MGO bunker heist: Oil tanker ‘Prime South’ forfeited by State Courts of Singapore
RelatedShell MGO bunker heist: Director of Singapore bunkering firm face charge at State Courts
RelatedShell Singapore oil heist: Third offender pleads guilty for gas oil theft
RelatedCaptain of “Prime South” jailed in Shell Pulau Bukom gas oil theft
RelatedShell Singapore oil heist: Ex-Chief Officer of Prime South jailed
RelatedSingapore: Shell MGO bunker heist amount balloons to USD$142 million
RelatedShell MGO bunker heist update: Fresh charges issued at Singapore court
RelatedShell Singapore oil heist: More charges issued at court
RelatedShell Singapore oil heist: Breakdown of stolen oil cargoes
RelatedIntertek Singapore employee among Shell oil heist suspects

 

Photo credit: Manifold Times
Published: 1 April, 2022

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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