Search results for: OW Bunker

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  • 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 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 […]

  • 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 […]

  • 26 October 2012
    Business & Finance

    Bergen Bunkers and OW Bunker, two of the world’s leading suppliers of marine fuels and lubricants, today confirmed a strategic cooperation by which OW Bunker will acquire the entire share capital of Bergen Bunkers AS. Bergen Bunkers has offices in Bergen and St Petersburg, and provides fuel and lubricants to some of Norway’s leading ship […]

  • 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 […]

  • 13 September 2017
    Business & Finance

    A consortium of 24 Danish institutional investors is launching legal action against the issuing banks Morgan Stanley and Carnegie in the action for prospectus liability for OW Bunker that went bankrupt in 2014. Specifically, the investors claim that they suffered a loss of DKK 767 million (USD 123 million) following their investment in shares in OW […]

  • 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 […]

  • 9 January 2013
    Business & Finance

    OW Bunker, one of the world’s largest suppliers and traders of marine fuel and lubricants, yesterday announced that it has been awarded a contract by Shell Brazil to supply marine lubricants to domestic customers. OW Bunker Brazil is now responsible for the sale, supply and distribution of Shell’s full range of marine lubricants in the […]

  • 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 […]

  • 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 […]

  • 6 June 2012
    Business & Finance

    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 […]

  • 2 April 2012
    Business & Finance

    OW Bunker, one of the world’s leading suppliers and traders of marine fuel, today announced its intention to launch new operations in the US. With an anticipated commencement date of May 2012, the move will provide the company with a complete global offering for its customers. OW Bunker already has a significant presence in Asia, […]

  • 7 November 2012
    Business & Finance

    OW Bunker, one of the world’s largest suppliers of marine fuels and lubricants, today announced the appointment of Paul Bradshaw as its new Regional Manager for OW Bunker Asia. Paul Bradshaw has more than 20 years of experience working within the oil industry and holds a Masters Degree in Energy Economics. Bradshaw was formerly the […]

  • 6 August 2012
    Business & Finance

    OW Bunker, one of the world’s leading suppliers of marine fuels, has announced a series of new appointments to its recently launched US operation, based in Houston. Michael Brunoe-Soerensen, who has worked with OW Bunker for 14 years, joins the US operation as Sales Manager. As well as this, a further four bunker professionals have […]

  • 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 […]

  • 14 November 2014
    Business & Finance

    Danish Shareholders’ Association is preparing what might turn out to be several lawsuits related to OW Bunker bankruptcy case, according to Jens Moller Nielsen, CEO of Danish Shipowners’ Association. As explained by Mr Nielsen, the association is currently gathering private investors to prepare the lawsuits, however, it is hard to identify at the moment who […]

  • 4 April 2012
    Business & Finance

    OW Bunker, one of the world’s leading suppliers and traders of marine fuel, today announced that it has entered into agreements with the Rubis Tank Terminal in Rotterdam and the Vesta Tank Terminal in Antwerp, to allow for increased access and guaranteed supply at key bunkering ports. The investment in direct supply facilities comes in […]

  • 30 August 2013
    Business & Finance

    OW Bunker today confirmed the launch of a physical fuel supply operation offshore West Africa, covering Morocco, Mauritania, Senegal and offshore waters down to the Ivory Coast. OW Bunker Canary Islands will supply customers with the full range of fuels and lubricants from its newly launched 8,250dwt double-hulled tanker Wappen von Frankfurt. A second vessel […]

  • 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 […]

  • 4 March 2014
    Business & Finance

    OW Bunker, one of the world’s leading resellers and physical distributors of marine fuel, revealed recently that it has installed a Coriolis Flow Meter on one of its refueling barges in Rotterdam. OW Bunker is the first independent physical fuel distributor to use the technology when supplying customers in the region , as it looks […]

  • 27 August 2013
    Business & Finance

    OW Bunker, one of the world’s largest suppliers and traders of marine fuels and lubricants, announced the appointment of Søren Christian Meyer as Vice President of the company’s Physical Division. Mr Meyer has been appointed to the role to drive further growth in the company’s rapidly developing physical supply operation. Mr Meyer joins Jane Dahl […]

  • 9 January 2015
    Business & Finance

    US-based arms of Danish marine fuel supplier OW Bunker, filed suit before a South District court in New Jersey against China’s Cosco Piraeus boxship, operated by China Ocean Shipping Company (COSCO). OW Bunker USA and OW Bunker North America filed the suit on January 6th. OW Bunker subsidiaries are claiming payment of USD 934,227.26 from Chimbusco, COSCO’s American bunkering […]