Business

Singapore: MPA investigation traces contaminated bunker fuel back to source at Port of Khor Fakkan

Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.

Published

4 years ago

May 5, 2022

Admin

The Maritime and Port Authority of Singapore (MPA) on Thursday (5 May) issued an update on the contaminated bunker fuel situation at Singapore:

The Maritime and Port Authority of Singapore (MPA) was notified on 14 March 2022 that a number of ships had been supplied with High Sulphur Fuel Oil (HSFO) containing high concentration levels of Chlorinated Organic Compounds (COC) (1,2-Dichloroethane, Tetrachloroethylene) in the Port of Singapore. MPA has conducted investigations and identified the source of the contamination.

Investigation Findings

The HSFO containing high concentrations of COC was traced back to fuel purchased by Glencore Singapore Pte Ltd (Glencore) in January and February 2022. Glencore had purchased the fuel through Straits Pinnacle Pte Ltd [1] (Straits Pinnacle), which had contracted its supply from Unicious Energy Pte Ltd [2] (Unicious). The contaminated HSFO was loaded at the Port of Khor Fakkan, United Arab Emirates (UAE) onto a tanker and shipped to floating storage facilities in Tanjong Pelepas, Malaysia to be further blended. The blended HSFO was subsequently delivered to storage facilities in Singapore. Part of the blended HSFO was also sold by Glencore to PetroChina International (Singapore) Pte Ltd (PetroChina).

To ascertain the source of contamination, MPA tested fuel samples taken from various sources, including the tanker which delivered the HSFO from the Port of Khor Fakkan, fuel blending facilities, and storage facilities of Glencore and PetroChina. Fuel onboard the tanker was found to contain high concentrations of COC, of up to 21,000 ppm. Forensic fingerprinting analysis of the fuel samples taken from the tanker showed a match with the samples taken from several affected ships that had taken HSFO from Glencore and PetroChina. The forensic fingerprinting analysis established with reasonable certainty that contaminated fuel onboard affected ships had likely come from the same source of fuel onboard the tanker that was loaded at Port of Khor Fakkan, UAE.

All MPA-licensed bunker suppliers are required to test the fuel to ensure that it complies with international standards. MPA has established that both Glencore and PetroChina, as MPA-licensed bunker suppliers, had carried out tests on the fuel supplied based on the international standards of petroleum products of fuel – International Organization for Standardization 8217 (ISO 8217) [3]. However, as the current international standards do not require tests for COC, the contamination was not promptly detected [4].

PetroChina and Glencore have since promptly taken the necessary steps to stop supplying the affected fuel. MPA has not received any report of fuel containing high COC supplied by the two suppliers since 31 March 2022.

In light of this incident, MPA encourages bunker buyers to request for enhanced fuel testing for COC from their bunker suppliers. MPA is also conducting further testing of both Glencore and PetroChina’s fuel samples.

Follow-up Measures

As a global bunkering hub, MPA takes bunker quality assurance seriously. MPA’s quality fuel assurance measures comprise the Bunker Quality Inspection System (BQIS) and the Intensified Bunker Quality Checks (IBQC). The BQIS tests the quality of bunker supplied to vessels while the IBQC tests bunker carried by bunker tankers before supply to vessels. On average, over 1,300 bunker samples are tested annually under BQIS and IBQC to verify compliance with ISO 8217. While the occurrence of COC is rare in bunkers, MPA will include COC to the list of chemicals to be tested under both BQIS and IBQC with immediate effect.

MPA and the Singapore Shipping Association (SSA) are currently in discussions with the industry on measures to strengthen the quality assurance of bunkers supplied in Singapore. MPA and SSA will co-chair an industry expert group, which will include relevant professional bodies, to establish a list of chemicals to be tested and their corresponding concentration limits. The expert group is expected to make its recommendations on additional measures to strengthen bunker quality assurance of bunkers delivered in Singapore, on an urgent basis.

MPA has also raised this issue at the international level. At the recent International Maritime Organization Maritime Safety Committee (MSC105) working group meeting on ‘Measures to enhance safety of ships related to use of fuel oil’ held between 20 and 29 April 2022, MPA has informed the meeting that a paper on the recent contamination case will be submitted in due course for Member States’ awareness.

[1]: Based on ACRA records, Straits Pinnacle is a Singapore-registered company focusing on wholesale trade of a variety of goods.

[2]: Based on ACRA records, Unicious is a Singapore-registered company that conducts international trading of petroleum, petrochemical products and bulk commodities.

[3]: ISO 8217 – International Standards Petroleum products — Fuels (class F) — Specifications of marine fuels – Table 2.

[4]: ISO 8217 notes that the marine industry continues to build on its understanding of the impact of specific chemical species and the respective critical concentrations at which detrimental effects are observed on the operational characteristics of marine fuels in use. It also states that it is not practical to require detailed chemical analysis for each delivery of fuel beyond the requirements listed in Table 1 (distillate marine) or Table 2 (residual marine) in the Standard.

Photo credit: Manifold Times
Published: 5 May, 2022

Mass Flowmeter

MFM-equipped CPN barge first listed under Hong Kong quality bunker scheme

Chimbusco Pan Nation’s bunker barge “Zhong Ran 23” has become the first vessel in Hong Kong listed on Marine Department’s official List of Quality Bunker Vessels, under a newly-launched scheme.

Published

6 hours ago

June 17, 2026

Admin

MFM-equipped CPN barge first listed under Hong Kong quality bunker scheme

Hong Kong-based marine fuel supplier Chimbusco Pan Nation (CPN) on Tuesday (16 June) announced that its bunker barge Zhong Ran 23 has become the first vessel in Hong Kong listed on the Marine Department’s official List of Quality Bunker Vessels.

The list under the Quality Bunker Operator Scheme launched on 3 June.

“The Scheme is a voluntary initiative designed to raise the standard of bunkering accuracy, transparency, and service quality in Hong Kong,” CPN said in a social media post.

“To be listed, a bunker vessel must have its Mass Flow Meter (MFM) system independently certified under ISO 22192, the international benchmark for mass flow metering in bunkering operations.”

CPN added it has operated the MFM system across our fleet of fuel oil barges since 2015.

Manifold Times previously reported Hong Kong’s Marine Department (MD) launching the Quality Bunker Operator Scheme to encourage bunker operators to install and use mass flow meter systems (MFM systems) on their bunker vessels.

MD said the scheme aims to enhance Hong Kong’s bunkering service quality and the competitiveness of Hong Kong ports, thereby further consolidating Hong Kong’s position as an international maritime centre and a major bunkering port.

Under the Scheme, bunker operators of traditional maritime fuel and biodiesel that install and use MFM systems on their bunker vessels, with the MFM systems inspected and certified by an accredited body in accordance with the International Organization for Standardization’s ISO 22192 Standard or equivalent requirements, can apply to the MD for inclusion in the scheme’s “List of Quality Bunker Vessels”, provided they meet the relevant technical and operational requirements.

Photo credit: Chimbusco Pan Nation
Published: 17 June, 2026

Financial Result

Bunker Holding exceeds FY2025/26 forecast despite geopolitical headwinds

Bunker Holding delivered a gross profit of USD 424 million and a profit before tax of USD 73 million, exceeding the Group’s expectations for the year.

Published

6 hours ago

June 17, 2026

Admin

Bunker Holding on Tuesday (16 June) said it delivered a strong performance in the financial year 2025/2026 despite continued uncertainty across global markets.

The year was shaped by geopolitical developments, evolving trade flows, periods of heightened market volatility, and strong competition.

These conditions were further amplified by developments in the Middle East, which added complexity across global energy markets and shipping routes.

In response, Bunker Holding focused on getting closer to customers and understanding the different challenges faced across shipping segments. This enabled faster decision-making, greater agility under pressure, and allowed the Group to respond effectively while continuing to support customers reliably.

Against this backdrop, Bunker Holding delivered a gross profit of USD 424 million and a profit before tax of USD 73 million, exceeding the Group’s expectations for the year. Equity increased to USD 342 million.

Revenue amounted to USD 13.1 billion, a decrease of 4% compared to the previous year. The decline primarily reflected lower average oil prices during the financial year, despite periods of heightened market volatility and stronger pricing towards the end of the period.

“This year, we have taken important steps to strengthen Bunker Holding for the future. We have simplified parts of the organisation, brought teams closer together, and made the changes needed to make us more focused and efficient. Our markets remained challenging and unpredictable, but I am pleased with both the result we have delivered and the progress we have made,” said Peder Møller, CEO of Bunker Holding.

Looking ahead to 2026/27, Bunker Holding anticipates intense market competition alongside continued investments in low- and zero-carbon fuel projects and partnerships.

Changes to the Board of Directors

Bunker Holding said the company is strengthening its Board of Directors with the appointment of several new members and a new Chairman of the Board.

Nina Østergaard, CEO and co-owner of USTC, will assume the role of Chairman of the Board, while Henrik Andersen, Group President and CEO of Vestas Wind Systems A/S, will join as Vice Chairman. Tina Revsbech, CEO of Maersk Tankers, and Kenneth Steengaard, Chairman of the Board of Global Risk Management, will join the Board as new members.

At the same time, current Chairman Klaus Nyborg and Board member Peter Frederiksen will step down from the Board.

Nina Østergaard, incoming Chairman of the Board, said: “I am excited to take on the role as Chairman of Bunker Holding at an important time in the company’s development. Bunker Holding has a strong market position, a clear strategic direction, and significant opportunities ahead. I am also pleased to welcome Henrik Andersen, Tina Revsbech, and Kenneth Steengaard to the Board. They each bring valuable experience and perspectives, and I am particularly pleased that we have attracted such strong international profiles as Henrik and Tina, whose leadership experience from Vestas and Maersk Tankers will further strengthen the Board and support the company’s continued development.”

The addition of Kenneth Steengaard moves Bunker Holding closer to its sister-company Global Risk Management and adds important insight into risk management.

Bunker Holding founder and co-owner Torben Østergaard-Nielsen thanked the departing Board members for their contributions to the company.

Photo credit: Bunker Holding
Published: 17 June, 2026

Business

Oilmar establishes Board of Directors amid international expansion

Three directors are Chief Executive Officer Yusif Mammadov, Chief Finance Officer Nain Shafi, and Legal, Credit and Compliance Head Taira Shikhiyeva.

Published

6 hours ago

June 17, 2026

Admin

Oilmar formalises Board of Directors amid international expansion

UAE-based marine fuel and petroleum products trader Oilmar on Tuesday (16 June) announced the formal establishment of its Board of Directors, marking an important milestone in the company’s evolution.

The three directors are Chief Executive Officer Yusif Mammadov, Chief Finance Officer Nain Shafi, and Legal, Credit and Compliance Head Taira Shikhiyeva.

The formation of the Board was first communicated during Oilmar’s Q1 2026 Townhall as part of a wider governance enhancement initiative and has now been formally implemented.

The Board has been established to provide strategic direction, oversee risk management and governance matters, and support the company’s continued growth across its global operations.

“At inception, the Board comprises three Directors with extensive international experience across the energy, maritime, shipping, and commodity trading sectors. Together, they bring a wealth of industry knowledge and strategic expertise to support the company’s continued growth and development,” the company said.

“The Board is expected to be further strengthened through the appointment of additional Executive and Non-Executive Directors as the company continues to expand its international footprint.”

As part of the enhanced governance framework, strategic direction, risk appetite, and key business objectives will be determined at Board level, while regional management teams will remain responsible for execution within their respective markets. This structure strengthens accountability, promotes effective decision-making, and supports the Company’s long-term growth and succession objectives.

CEO Yusif Mammadov, said: “The establishment of the Board marks the next stage in Oilmar’s development as a global energy and marine fuels business. It creates a governance framework that will support our future growth, strengthen oversight across the organisation, and ensure that our strategic decisions are guided by long-term value creation and responsible risk management.”

Photo credit: Oilmar
Published: 17 June, 2026