OW Bunker Announces Plans for U.S. Expansion
OW Bunker, one of the world's leading suppliers and traders of marine fuel, announced its intention to launch new operations in the U.S. With an anticipated commencement date of May, 2012, the move will provide the company with a complete global offering for its customers.
OW Bunker (OW2.SG) 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 U.S. office will also act as an internal purchasing center for the whole OW Bunker Group, ensuring that international customers have access to the best products at the best prices, 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. Staal will take responsibility for ensuring that the company's best practices and quality standards are replicated in the U.S. and that customers receive the full service, end-to-end bunkering solution that OW Bunker is known for.
“Expanding into the U.S. is a natural move for OW Bunker, as we look to further consolidate our global leadership position,” said Götz Lehsten, Executive Vice President, OW Bunker. “We have a presence in every other major market around the world, and we know that launching operations in the U.S. provides real value to our international customers, who want to be able to deal with OW Bunker representatives wherever they are in the world.”
“Being in the locality, building quality working relationships with local suppliers, and benefitting from their local market knowledge and experience enables us to ensure continuous smooth operations and a high level of service. We are also confident that local customers will benefit from our global infrastructure and network, our capabilities in providing bespoke fuel procurement solutions, and our financial strength, which enables us to provide ship owners and operators with flexible prices, which helps them to combat the current financial pressures within the market.”