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OW Bunker's key partner banned in Singapore

According to authorities, bunker supplier Tankoil Marine, which contributed to OW Bunker's downfall, has lost its license to supply bunker in the world's largest bunker port, Singapore.

Photo: Ed Wray/AP/POLFOTO/arkiv

Bunker supplier Tankoil Marine Service, which played a significant role in the downfall of OW Bunker, has been banned from doing business in the world's largest bunker port in Singapore. The port authority, MPA, announced this in a statement. Another supplier is similarly barred:

"The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator licences of Hong Fatt Oil Trading Pte Ltd and Tankoil Marine Services Pte Ltd with effect from 9 February 2015. The two companies are no longer allowed to operate as bunker suppliers and bunker craft operators in the Port of Singapore," says MPA in a statement.

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