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OW BUNKER Says Outsourcing Model Is Natural Evolution For Fuel Supply

OW Bunker, one of the world’s leading suppliers and traders of marine fuel, today stated that outsourcing fuel procurement is a natural evolution within the shipping industry as ship owners and operators look to maximise efficiencies and reduce costs within their operations. “Although fuel oil is not core to ship owners’/operators’ end service it still represents over 50% of a vessel’s operating costs.