Sign up
Log in Sign up
Tue 18 Aug 2015, 10:34 GMT

xxxxxx


Roland Pang said he would use the break to re-evaluate his options.

Roland Pang, founder and shareholder of Singapore bunker supplier Panoil Petroleum has resigned from the company effective 15th August.

Pang said in a note to traders this week that he had decided to resign in order to spend more time with his family and would use the break to re-evaluate his options.

Established in 1988, Panoil Petroleum operates a fleet of 11 vessels: Megalodon [pictured] MT Jazeel, MT Supernova, MT Oprah, MT Ophelia, Quinta,Estrella and Colossus. The Singapore supplier sells the intermermediate fuel oil (IFO) grades 500 centistoke (cSt), 380 cSt and 180 cSt, as well as standard and low-sulphur marine gas oil (MGO).

In the Maritime and Port Authority of Singapore's (MPA) ranking of suppliers by volume in 2015, Panol Petroleum was ranked 10th in a list of 59 suppliers in Singapore, up three places on the previous year. Below is a summary of the company's sales ranking since 2011.

2015: 10th out of 59 suppliers
2014: 13th out of 63 suppliers
2013: 21st out of 68 suppliers
2012: 24th out of 71 suppliers
2011: 23rd out of 79 suppliers

Contact details for Panoil Petroleum have been provided below.

Panoil Petroleum Pte. Ltd.
Tel: +65 6332 9388
Email: bunker@panoil.com.sg

Address
60 Albert Street, #10-08/09
OG Albert Complex
Singapore 189969

Image: The Megalodon bunker delivery vessel, operated by Panoil Petroleum

Bunkering vessel   MGO  
American Bureau of Shipping (ABS) logo. ABS introduces nuclear-ready notation for marine and offshore assets  

The classification society has released what it describes as an industry-first notation to support future nuclear conversion of vessels and offshore assets.
AiP handover ceremony for NEXTGEN Energy Hub (NGEH) design. ABS grants approval in principle for Seatrium’s NEXTGEN Energy Hub design  

The hub concept integrates ammonia bunkering, power generation and electric vessel charging in a single unit.
Jumbo Maritime crew aboard vessel. Jumbo orders two methanol-ready L-Class heavy lift vessels from Dajin Heavy Industry  

Dutch heavy lift specialist Jumbo signs newbuilding contract for two 25,000-dwt vessels.
China flag. Zhoushan completes first bonded bunker operation at Majishan port area  

The operation marks full fuel supply coverage across all general cargo terminals in Zhoushan's port system.
US dollar banknotes. Port of Long Beach launches $1m methanol bunkering challenge for oceangoing vessels  

A $1m prize aims to kick-start commercial methanol bunkering at one of North America's busiest ports.
Core Power, Athlos Energy, Deon Policy Institute and ABS logos. Greece floating nuclear study finds no fundamental barriers to implementation  

A PESTLE assessment of floating nuclear power plants in Greece identifies framework gaps, not feasibility barriers.
Northern Pathliner alongside Bergen LNG vessel. Molgas completes LNG cool-down and bunkering for Northern Pathliner at Northern Lights terminal in Norway  

Operation carried out at Øygarden facility, with K Line and Integr8 Fuels in the supply chain.
Rendering of a G2 Ocean OHGC vessel. G2 Ocean expands fleet with six future-fuel ready gantry crane vessels  

Open hatch specialist adds vessels and jet sail technology as part of a broad fleet renewal programme.
CMA CGM Adventure vessel at Port of Mombasa. LNG-powered CMA CGM Adventure makes first call at the Port of Mombasa  

Kenya Ports Authority receives its first large LNG-fuelled container vessel.
Liam Blackmore, Lloyd's Register. Maritime trio shapes IMO safety guidelines for ammonia as marine fuel  

Real-world operational experience feeds directly into new IMO ammonia fuel safety framework.




   Fuels & Propulsion

Ammonia B100 B24 B30 Bio-LNG/LBM Biofuel Biogas Biomethanol Dual-fuel E-fuel E-methane/e-NG Electric Ethanol FAME Green hydrogen Green/e-ammonia HVO Hydrogen LNG LPG Lubes Methanol MGO Nuclear UCOME ULSFO VLSFO Wind power



 Recommended