Singapore-based bunker supplier Wired Bunkering has stopped running its bunker price indication website due to an increase in alternative sources of data, says its Managing Director.
“The company website went offline on 31 January after 20 years in service,” Toshiaki Shimada told Manifold Times.
“We started the price indication website some 20 years ago as bunker price indication data was not readily available on the internet then.
“However, there are now numerous sources of data available on the internet so we see no point in continuing this operation.”
The closure of the Wired Bunkering website has sparked concerns that the company is exiting the Singapore bunkering sector; the past year has seen several bunker suppliers leave the republic, and on Wednesday two more suppliers left.
“We will like to assure the bunkering industry that there is no such intention [to exit the bunkering sector] moving forward,” Shimada clarifies.
Wired Bunkering is the 23rd largest bunker supplier by volume at Singapore port in 2017, according to Maritime & Port Authority of Singapore (MPA) data.
Published: 8 February, 2018
The bank is filing an application for pre-action discovery at the High Court of the Republic of Singapore in order to ascertain its future direction of proceedings against Sinfeng, according to court documents.
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.