OW Bunker Opens New Office in China

OW Bunker, one of the world’s leading suppliers and traders of marine fuel, announced the opening of a second office in China. The move supports its growing customer base in the region, and is designed to capitalise on opportunities presented by the strong growth in the Asian markets. OW Bunker has had a presence in China since 2006 with an office in Shanghai.

The launch of OW Bunker Beijing represents the company’s continued expansion in the BRIC (Brazil, Russia, India, China) countries, which are experiencing real growth despite the relative worldwide economic stagnation. In 2011, OW Bunker launched new operations in both Brazil and India.

Commenting on the new Beijing office, Götz Lehsten, Executive Vice President, OW Bunker, said:

“This is an important development for OW Bunker, as China is naturally key to our strategic growth plans. Asia, and in particular, China is central to fuelling the global economy. It is vital that we have a significant presence, scale and infrastructure in the region for our customers so they can capitalise on this opportunity. Our role is to provide them with quick access to quality products and services when and where they need them. Our new office further facilitates this.”

The Beijing operation will be managed by Mr Zhang Chao, who previously worked for the largest physical supplier in China. Mr Zhang Chao brings with him many years of experience of working in the bunkering industry and has a detailed understanding and knowledge of the local market.

Martin Haxholdt, Branch Manager, OW Bunker China, said:

“We are delighted to have been able to attract an individual with such knowledge and ability as Mr. Zhang Chao. His joining OW Bunker is testament to the ambition that we have as a company, and our continued commitment to providing customers with the best products, services and prices. I am confident that he will have a significant impact in growing our Beijing office and contributing significantly to the continued development of our operations in the region.”

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Source: OW Bunker, June 6, 2012