Tag: OW Bunker

Company says move represents continued expansion in the BRIC countries Global marine fuel supplier and trader OW Bunker has today announced the opening of a second office in China. OW says 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 company adds that 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 ...

A second 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 ...

US operation completes global presence following five years of sustained growth and expansion 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, Europe, South America, Africa and the Middle East, and has delivered sustained expansion and growth over the past five years.OW Bunker will launch its first trading operation in Houston, with further plans to expand on the East and then West Coast. The US office will also act as an internal purchasing centre for the whole OW Bunker Group, ensuring that international customers have access to the best products at the best prices, that are delivered on time, when and where they want them. Hans Staal, recently a manager with OW Bunker Malta, will be the Branch Manager of the new operation. Mr Staal will take responsibility for ensuring that the company's best practices and quality standards are replicated in the US, and that customers receive the full service, end-to-end bunkering solution that ...

Increase reflects strengthening trade between Australia, China, Indonesia and India, says OW Strengthening trade between Australia, China, Indonesia and India and growth in the domestic cruise industry has resulted in increased demand for bunkers across the Pacific Islands, according to global supplier and trader OW Bunker.OW Bunker Australia, which acts as the OW Bunker Group's purchasing centre for the region, says that increase in demand for marine fuel in the Pacific Islands reflects growth in Australia's commodities markets and marine tourism. In a statement the company says that both 0.1% MGO and 3.5% fuel oil availability across the region is sufficient to meet demand, with a strong supply infrastructure throughout the Pacific Islands.Stefan Poulus, Branch Manager, OW Bunker Australia, says: "Australia's economy in particular remains robust, with an influx of international investment in commodities such as iron ore and LNG significantly boosting trade from and across the region. We have seen growth in several key bunker ports, with Port Moresby in Papua New Guinea providing a good alternative for bunkers on the Australia and New Zealand to Asia route. Increased cruise traffic has also fuelled demand across the Pacific Islands, particularly in New Caledonia, Fiji and French Polynesia. Projections for ...

Wrist Bunker Supply and Wrist World Wide merge as OW Bunker Germany 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 trading and physical supply divisions under one brand, capitalising on OW Bunker's global market leading position."The new brand provides scale to the business, as one of the largest bunker suppliers in Germany, and capitalises on the global credibility, capabilities and infrastructure of OW Bunker, which has a reputation worldwide as a leading marine fuel supply organisation," said Götz Lehsten, Executive Vice President, OW Bunker."In these tough economic times, customers want to work with suppliers that have the financial strength, stability as well as quality products and services to help them develop the best and most viable fuel procurement solutions that meet the specific demands of their businesses. The OW Bunker brand carries this credibility", continues Lehsten.OW Bunker Germany has 20 people working out of its regional headquarters in Hamburg, supplying products and services ...

When new local sulphur legislation comes into force from 1st January 2012 Bunker supplier and trader OW Bunker has warned of potential safety issues that shipowners and operators will face in Turkish waters when new local sulphur legislation comes into force from 1st January 2012.The ruling, delivered by the Turkish Chamber of Shipping and the Turkish General Directorate of Marine Transport states that: '...marine fuels whose sulphur content exceeds 0.1% by mass cannot be used as of 1st January 2012 in the inland vessels and in the vessels on the quay.'"This is a significant move by the Turkish authorities and is much more restrictive than current sulphur regulations," said Steffen Kortegaard, OW Bunker technical director.The new Turkish regulations mean that 0.1% sulphur content gas oil must be used by vessels calling at Turkish ports between the end of the sea passage and the commencement of the sea passage, including in port anchorage areas.However, this regulation will not be applicable for vessels transiting through the Turkish Straits, such as the Bosporus or Dardanelles, even if they drop anchor providing the vessels maintain transit status.Kortegaard continued: "As we have seen in California, vessels that are used to burning heavy fuel oil face ...

This move will enable OW Bunker to further strengthen the Groups presence in BRICcountries International bunker supplier and trader of marine fuel OW Bunker has opened a new support operation in Mumbai, India. A statement says the move will enable OW Bunker to further strengthen the Groups presence in the strategically important and fast-growing BRIC (Brazil, Russia, India and China) countries. In March 2011, the company also expanded its operations into Brazil.The company says in a statement: Building upon its extensive worldwide network, this latest move by OW Bunker aims to support its international customers as they look to capitalise on the opportunities presented by the growth of India as a global economic trade power, as well as its importance as a significant bunkering location, including a burgeoning offshore market. OW Bunkers robust network on the ground will ensure that it can meet customers demands for supplying high quality fuel oil in all product grades, including MGO, when and where they need them in every Indian port, and at the best prices.Captain Tanoj Kumar Ghosh who heads up OW Bunkers sub-continent market including India, Sri Lanka and Bangladesh said: We have an expert understanding of the local market, as well ...