The Maritime and Port Authority of Singapore (MPA) has cancelled Winbuild Petrofin Pte Ltd's bunkering licences with effect from 15 June 2012. The cancellation of the licences follows Winbuild Petrofin Pte Ltd contravening the terms and conditions of the bunkering licences.

With the cancellation of Winbuild Petrofin Pte Ltd's bunkering licences, the company will no longer be allowed to operate as a bunker supplier and a bunker craft operator in the Port of Singapore. All bunker suppliers and bunker craft operators operating in the Port of Singapore are required to be licensed by MPA.

"The bunkering industry is an important component of Singapore's maritime industry. Singapore's success as the world's top bunkering port can be attributed to its stringent licensing requirements, quality assurance standards, active industry engagement and strict enforcement. All licensed bunker suppliers and bunker craft operators are required to adhere strictly to the terms and conditions of the bunkering licences. MPA will not hesitate to suspend or cancel the bunkering licence of any bunker supplier or bunker craft operator that is found to have contravened any of the terms and conditions of the bunkering licences," said Capt M Segar, MPA's Assistant Chief Executive (Operations).

MPA would like to emphasise to all licensed bunker suppliers that the bunker supplier's licence is not transferable under the terms and conditions of the bunkering licence. All licensed bunker craft operators are also advised not to make use of any bunker craft to deliver bunkers on behalf of any person, firm or company that is not a bunker supplier licensed by MPA.

In 2011, the Port of Singapore saw record bunker sales volume of 43.2 million tonnes. Singapore's strong performance in bunker sales can be attributed to its strategic location at the crossroads of international trade and the industry structure that results in competitive bunker prices and assured quality and safety standards.