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Singapore's MPA will not renew New Maritime's licence

  • Märkte: Oil products
  • 17.05.23

The Maritime and Port Authority of Singapore (MPA) will not renew Singapore-based New Maritime's bunker craft operator licence, which will expire on 16 June.

New Maritime will not be licensed and can no longer operate as a bunker craft operator within the Singapore port from 17 June, MPA announced on 15 May. New Maritime declined to make any comments regarding the non-renewal of its licence.

MPA did not provide the reason for the non-renewal, but the authority said it "has zero-tolerance for any type of fraud, corruption or bunkering malpractice." MPA added that it "will not hesitate to take firm action" against any bunker supplier or bunker craft operator that contravenes any of its bunker licence terms and conditions. This includes considering whether to renew bunker licences, suspending or cancelling the bunker licences, and/or taking enforcement action.


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