Singapore Fines Bunker Firm Over Illegal Supply

JL Petroleum Pte Ltd has been fined after pleading responsible in court docket final week for supplying bunkers within the Port of Singapore with out a legitimate license, the Maritime and Port Authority of Singapore (MPA) mentioned Wednesday.

The particular bunker provider license is required below regulation 64(b) of the Maritime and Port Authority of Singapore (Port) Regulations. The firm was fined below regulation 78(b) of the Port Regulations.

MPA had introduced fees towards JL Petroleum for supplying bunkers on 14 events between June 2 and June 25, 2013. JL Petroleum additionally used the Bunker Delivery Notes belonging to Excel Petroleum Enterprise Pte Ltd for the deliveries.

MPA had cancelled Excel Petroleum Enterprise’s bunker provider license on January 15, 2014 for the corporate’s involvement within the case, as its actions had breached the phrases and situations of the license, the MPA mentioned.

Singapore is residence to one of many world’s largest bunker markets and every provider is required to acquire the particular bunker license issued by the MPA that assures the standard of provides and providers to all events throughout the provide chain, in addition to supply operations.

“All bunker suppliers operating in the Port of Singapore must be licensed by MPA, and all licensees must adhere strictly to the terms and conditions of the license,” the MPA mentioned in a press release Monday. “Any licensee found to have contravened any terms and conditions will have his license suspended or cancelled. MPA adopts a zero tolerance approach towards bunkering malpractices and will not hesitate to take action against any unlicensed entity operating in the Port of Singapore.”

According to the MPA web site, there are at present 59 licensed bunker suppliers in Singapore, down from round 63 suppliers in 2014.

The MPA didn’t say how a lot JL Petroleum was fined over the unlawful provide.