OW Bunker Announces Plans for U.S. Expansion

Press Release
Tuesday, April 03, 2012

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 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.”
 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Nordic American Offshore Declares Dividend

Nordic American Offshore Ltd. today announced that its board of directors has declared a dividend of $0.45 per common share for the third quarter 2014. This is the same as for the second quarter 2014.

Bollore Africa Logistics Sees Profit Plunge in H1

First half 2014 profit at shipping company Bollore Africa Logistics plunged to 5.89 billion CFA francs ($11.48 million) from 9.45 billion CFA francs in the same period last year,

Ocean Rig, Petrobras Agree to $1.1b Drill Ships Lease

Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to

Fuels & Lubes

LNG America, Buffalo Marine to Design LNG Bunker Fuel Network

LNG America announced it has entered an agreement with Buffalo Marine Service, Inc. (Buffalo Marine) to cooperate on the design of an LNG bunker fuel network for the U.

Maersk to Bump Asia-Europe Rates

Container shipping company Maersk Line, a unit of Danish conglomerate A.P. Moller-Maersk , plans to raise freight rates sharply on main routes from ports in Asia to ports in northern Europe,

Weathernews Opens Manila Operations Center

Filipino marine professionals employed to meet demand for service from the shipping industry Weathernews Inc. announced it has established a new operations center

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1298 sec (8 req/sec)