MPA suspension unlikely to stop Glencore from supplying oil to marine fuels market

Bunker fuel contamination has the potential to damage a ship's engine and lead to costly repairs. PHOTO: ST FILE
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Glencore is expected to continue supplying the marine fuels market in Singapore through small and medium-sized licensed bunkering companies, despite a two-month suspension for knowingly supplying contaminated oil to shipowners earlier this year, industry sources said.

On Wednesday (Aug 3), the Maritime and Port Authority of Singapore (MPA) announced that it was suspending the global commodity trading giant's Singapore unit's licence from Aug 18 for wilfully supplying tainted marine fuel to 24 ships between March 22 and April 1.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.