New bunkering licence (bunker supplier)

A company shall possess a valid Bunkering Licence (Bunker Supplier) issued by the Maritime and Port Authority of Singapore (MPA) in order to supply bunkers to vessels in the Port of Singapore using its own delivery documents.

Requirements

To obtain a new Bunkering Licence (Bunker Supplier), the company must satisfy the following requirements:

• Comply with the requirements of the Accreditation Scheme for Bunker Suppliers as follows:
• Have a minimum paid up capital of S$200,000;
• Have a certified Quality Management System for Bunker Supply Chain (QMBS) in accordance with the Singapore Standard 524;
• Satisfy a set of key performance indicators or have a good track record of bunkering operations in other ports, including bunker sales volume and customer base.
• Show commitment to own and operate at least one new double-hulled bunker tanker in Singapore.
• Show commitment to invest in storage facilities in Singapore.

The MPA will consider issuing new Bunkering Licences (Bunker Supplier) to bona fide companies that willbenefit the Singapore bunkering industry as a whole. In addition to the above requirements, factors such as the applicant’s resources and network, and ability to generate new market for the Port of Singapore could be considered.The MPA welcomes global companies that satisfy the above requirements to apply for a Bunkering Licence (Bunker Supplier).

Contact

For further enquiries, please contact our officers at:

(+65) 6325 2470 or (+65) 6325 2594