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
Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.