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Bunker company loses license in Singapore after magnet fraud

A bunker company has lost its license to supply ship fuel in Singapore. This happens following the country's maritime authority discovering that the company was using a powerful magnet to bypass mass flow meters.

Marine surveyor Petro Inspect has previously published photos which, according to the company, indicates that a powerful magnet has been used to disrupt a mass flow meter in Singapore. | Photo: Petro Inspect

A case involving the use of powerful magnets to bypass measuring equipment now yields consequences for a bunker company.

Local media write that the Maritime Port Authority of Singapore (MPA) has stripped bunker company Southernpec of its license to deliver ship fuel in the port. This happened a month ago.

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