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
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