Hong Kong-based fuel oil trader Brightoil has launched a new digital bunker procurement platform that it claims it will result in a radical shift in the way fuel trading works.
The platform went live today.
Brightoil Online E-bunkering is a live feed of forward fixed prices up to nine months ahead. The prices are updated on a constant basis. Bunker buyers are able to send bunker spot and term enquiries digitally to any port in the word and lock in the cost of their future bunker purchases.
