Search results for: Bunker

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A list of search results

  • 13 January 2012
    Business & Finance

    OW Bunker, one of the world’s leading suppliers and traders of marine fuel, announced the launch of a new unified German brand, OW Bunker Germany. The move follows the merger of Wrist Bunker Supply and Wrist Worldwide Trading, companies within the Wrist Group, OW Bunker’s parent company. The new entity will incorporate the two distinct […]

  • 30 May 2019

    The vessel is starting operations in Freeport, the Bahamas, on June 1.

  • 24 June 2014
    Business & Finance

    Wilhelmsen Marine Fuels, a subsidiary of Wilhelmsen Maritime Services, has been acquired by OW Bunker and will be fully integrated as a wholly owned subsidiary starting July 1, 2014. “Bunker brokering is not a core activity for us, and we believe that Wilhelmsen Marine Fuels will benefit from and grow as part of an organisation […]

  • 2 April 2014
    Business & Finance

    The Maritime and Port Authority of Singapore (MPA) has cancelled the bunker supplier and bunker craft operator licences of Coteam Petroleum with effect from 1 April 2014 for contravening the terms and conditions of the bunkering licences. The company was found to have breached Clause 3 of the terms and conditions of the Bunkering Licence […]

  • 18 November 2014
    Business & Finance

     Singapore-based Dynamic Oil Trading, has joined OW Bunker Far East Pte. Ltd., in filing for liquidation thus becoming the second subsidiary of Danish fuel supplier OW Bunker in going bankrupt. Both arms of the troubled OW Bunker have appointed KPMG as their liquidator. OW Bunker Far East and Dynamic Oil, are facing court claims by creditors worth […]

  • 28 March 2013
    Business & Finance

    Gazpromneft Marine Bunker, operator of Gazprom Neft’s bunker business, has acquired its first international asset, Marine Bunker Balkan S.A. (Romania), which operates in the Black Sea port of Constanta, from Unicom Holding. Marine Bunker Balkan S.A. manages two bunker vessels, one storage vessel with a capacity of 4,000 tonnes and two mooring barges, as well […]

  • 1 February 2012
    Business & Finance

    OW Bunker, one of the world’s leading suppliers and traders of marine fuel, recently announced the appointment of Sahar Zarghamian as a new Bunker Trader on its Fujairah desk in a move that further strengthens OW Bunker’s presence in the Middle East. Sahar Zarghamian is rejoining OW Bunker Middle East, where she started her career […]

  • 18 December 2012
    Business & Finance

    OW Bunker, a supplier and trader of marine fuels and lubricants, has announced the appointment of Christoffer Pedersen as the new Assistant Manager for the trading division of the company’s Copenhagen operation. Christoffer Pedersen has significant experience of the bunkering industry, having worked for OW Bunker’s physical operation in Panama. Christoffer Pedersen’s primary focus will […]

  • 14 January 2014
    Business & Finance

    OW Bunker, one of the world’s leading resellers and physical distributors of marine fuel, recently announced the launch of a new operation in Cartagena, Colombia. The move into the Colombian bunker market builds upon OW Bunker’s presence across the region with existing offices in Chile, Uruguay, Panama and Brazil. OW Bunker’s Colombia office is located […]

  • 1 April 2020
    Business & Finance

    Vitol Marine Fuels acquires 100 percent of Singapore-based bunkering specialist Sinanju Tankers Holdings.

  • 30 August 2017
    Business & Finance

    The bunker supplier licences of bunkering companies Panoil Petroleum and Universal Energy will not be renewed after they expire on August 31, 2017, the Maritime and Port Authority of Singapore (MPA) said. The authority added that it will not renew the bunker craft operator licence of Universal Energy. “Both companies will no longer be allowed to operate […]

  • 28 April 2017
    Business & Finance

    Singapore has taken a further step on its path to becoming an liquefied natural gas (LNG) bunker-ready port as the Maritime and Port Authority of Singapore (MPA) launched its first standard for LNG bunkering. The first Singapore Technical Reference (TR) 56 for LNG Bunkering was unveiled on April 28 by the MPA Singapore, SPRING Singapore and […]

  • 30 January 2013
    Business & Finance

    OW Bunker, one of the world’s largest suppliers and traders of marine fuels and lubricants, yesterday announced the acquisition of two bunker barges OW Copenhagen and OW Aalborg. The move further strengthens OW Bunker’s physical supply operations and demonstrates its commitment to customers within the Nordic region. Prior to the acquisition, OW Bunker operated both […]

  • 26 October 2017
    Business & Finance

    Tank storage company Vopak has introduced a new concurrent bunkering services​ ​at​ ​its​ ​Sebarok​ ​terminal​ ​in​ ​Singapore. With the service, vessels calling at the company’s Sebarok terminal can receive bunkers from bunker barges while loading or discharging at the terminal, eliminating the shifting time to anchorages for bunkering and making the scheduling of bunker supply […]

  • 28 August 2019
    Business & Finance, Rules & Regulation

    The vessels can segregate between two and six different types of oil products onboard.

  • 20 November 2017
    Business & Finance

    Singapore’s bunkering company, and three of its executives, have been charged with cheating and criminal breach as part of the country’s strict measures on deliveries of bunkering fuel. The company, Vermont Bunkering, its directors Poh Fu Tek and Koh Seng Lee, and the former bunker manager Lee Kok Leong, were charged on November 16, 2017, […]

  • 5 September 2014
    Business & Finance

    The Maritime and Port Authority of Singapore (MPA) has cancelled the bunker supplier and bunker craft operator licences of Northwest Resources Pte. Ltd.,  with effect from September 1, 2014, MPA disclosed in a press release. The release states that MPA’s investigations on Northwest Resources Pte. Ltd., disclosed breaches by Northwest Resources of the terms and […]

  • 26 June 2015
    Business & Finance

    Some 28 institutional investors are planning to bring legal proceedings against Danish marine fuel supplier OW Bunker that filed for bankruptcy in November 2014, Danish pension fund APT said. In December 2014, a number of institutional investors launched an investigation into the bankruptcy  to determine whether there are grounds for asserting legal liability. The investigation has, among other […]

  • 21 September 2011
    Business & Finance

    Dubai Maritime City Authority (DMCA), the government entity in-charge of regulating and supervising all aspects of the maritime sector in Dubai, has announced that it is leading a new initiative that seeks to establish a professional bunkering standard in the UAE. DMCA has further revealed that it has gathered key stakeholders in the UAE bunkering […]

  • 14 November 2014
    Business & Finance

    There has been no report of disruption to bunker supply and bunkering operations in Singapore,  the Singapore Shipping Association (SSA) said having consulted with close to 50 companies. Co-organised by the Maritime and Port Authority of Singapore (MPA) and SSA yesterday, the participants gathered for updates and discussed ways to minimise any impact on the local […]

  • 9 July 2013
    Business & Finance

    The Maritime and Port Authority of Singapore (MPA) has cancelled Palmstone Petroleum Pte Ltd’s bunker supplier licence with effect from 8 July 2013. The cancellation of the licence follows Palmstone Petroleum Pte Ltd contravening the terms and conditions of the bunkering licence. Palmstone Petroleum Pte Ltd was found to have breached Clause 3 of the […]

  • 2 August 2013
    Business & Finance

    International Bunkering, a leading supplier of bunkers and lubricant solutions, announced the appointment of Mr. Chandan Samaiyar as its new Country Head of India. Mr. Samaiyar replaces Capt. Virendra N. Mishra, who departs International Bunkering to pursue a career outside of the bunker industry. Mr. Samaiyar takes on the role of Country Head of India […]