Singapore Suspends Glencore’s Bunker Permit on Contamination
- Suspension starts Aug. 18 for period of two months, MPA says
- Some vessels suffered blackouts after refueling at Asian hub
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Singapore suspended Glencore Plc’s license to sell ship fuel after the company sold contaminated products despite testing indicating the fuel was tainted, according to the port authority.
Glencore’s license to sell marine fuels -- known in the industry as bunkering -- will be suspended for two months from Aug. 18, according to a statement from the Maritime & Port Authority of Singapore on Wednesday. The company was the nation’s sixth-biggest supplier of ship fuel in 2021, MPA data show.