On April 2, four bunker tankers were arrested at the Singapore port on charges of illegal importing of oil and cheating its clients.
What happened?
The tankers ‘Angel Sun’, ‘Angel Moon’, ‘Angel Star’ and ‘Anshend’ were arrested in the Port of Singapore after necessary documents were obtained by the Supreme court of Singapore.
According to information from Singapore’s Accounting and Corporate Regulatory Authority (ACRA), the arrested vessels are owned and operated by Vermont UM Shipping company. The Vermont UM Bunkering is a stakeholder of Vermont UM Shipping.
Licence revoked
On April 28, the Vermont UM bunkering companies bunker supplier and bunker craft operator licenses were revoked by the MPA.
On 16 November 2017, Vermont UM Bunkering’s two directors and one former bunker manager were charged in court with 150 counts of engaging in a criminal conspiracy to cheat its customers. The company has been found guilty of cheating clients to make excess payments totalling over $8 million.
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Source: Manifold Times
