MPA Singapore Revokes Panoil’s Bunker Craft Operator Licence
- Business & Finance
Bunkering company Panoil Petroleum will no longer be allowed to work as a bunker craft operator in the Port of Singapore after the Maritime and Port Authority of Singapore (MPA) revoked its licence.
The decision, which takes effect from August 14, 2017, comes on the back of MPA’s checks conducted on the company between January and March 2017.
The checks, which were undertaken as part of MPA’s on-going regulatory efforts to ensure the safety, reliability and quality of bunker supplies in Singapore, revealed that unauthorised alterations were made on board five bunker tankers operated by Panoil Petroleum. The unauthorised alterations were made on the pipelines of the bunker tankers between the Mass Flow Meters (MFM) and the flow boom.
“Such alterations allow bunker fuel that have been measured by the MFM to be siphoned out and undermines the accuracy of the readings from the MFM system. The unauthorised alterations breached the terms and conditions of Panoil Petroleum Pte Ltd’s bunker craft operator licence,” MPA Singapore said.