Panoil: impact of bunker tanker ban 'minimal'

Singapore tanker and bunker group Panoil says the loss of its operator licence in the port will have a "minimal" impact on its business.

Singapore's Maritime Port Authority (MPA) revoked its permit on Monday after the company made unauthorised changes to five tankers.

But the company told TradeWinds that there is no ban on fuel trading and this will continue as normal.