Transocean Oil Loses Bunker Supply Licence in Singapore

Marine fuel services group Transocean Oil has lost its licences to as bunker supplier and bunker craft operator in the Port of Singapore.

Namely, the Maritime and Port Authority of Singapore (MPA) has revoked the company’s licences with effect from November 6, 2017 due to a number of breaches revealed through the authority’s investigations.

As part of MPA’s ongoing regulatory efforts to ensure the integrity of bunkering in the port, checks were conducted on Transocean in March and April this year.

The investigations revealed that there were several falsifications of records and discrepancies in the stock movement logbooks on board the bunker tankers operated by Transocean and, given the seriousness of these breaches, decided to revoked the company’s bunkering licences.

In August 2017, MPA Singapore declined to renew the bunker supplier licences of bunkering companies Panoil Petroleum and Universal Energy, adding that the companies would no longer be allowed to operate as a bunker supplier and bunker craft operator in the port.

The companies got their licences revoked as they contravened the terms and conditions of their bunker licences.

Panoil Petroleum made unauthorised alterations on the pipelines of their bunker tankers and has accumulated demerit points for non-compliances to the bunkering procedures, while Universal Energy accumulated demerit points for delivery of bunkers that were severely aerated as well as stoppages during bunkering operations.