Beijing Office Opened by OW Bunker

Press Release
Thursday, May 31, 2012

Launch of OW Bunker's new Beijing office is in response to market demand for bunker supplies across China

OW Bunker, a leading suppliers and traders of marine fuel, has 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.

OW Bunker is one of the world's largest suppliers of marine fuel oil and related services. The Group's core activity is the global sale of bunkers both from its own physical inventories, where it operates over 30 large and small tankers in its global fleet, as well as an intermediary trader. OW Bunker also provides advanced risk management tools and services in an increasingly unpredictable oil market and volatile global economy, and also purchases and sells entire oil cargoes.

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 facilitates this.”




 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Solarworld Wants Duties on Chinese Solar Goods in U.S. Extended

German solar manufacturer SolarWorld will apply to the United States for an extension of duties on Chinese panel imports that are due to end this year, weekly Euro am Sonntag said.

Sea Urchin Haven Disturbed by Oil Spill

Stephanie Mutz makes a living plucking sea urchins from the Santa Barbara coast and selling the prickly treasure to upscale restaurants in Southern California.

5 Tunisian Migrants Die in Shipwreck

At least five Tunisian migrants died on Saturday when their boat sailing to Italy capsized off the Tunisian coast, officials said. "A migrant boat carrying

Fuels & Lubes

Sea Urchin Haven Disturbed by Oil Spill

Stephanie Mutz makes a living plucking sea urchins from the Santa Barbara coast and selling the prickly treasure to upscale restaurants in Southern California.

Red Tape, Industrial Relations Could Stifle LNG Potential

Australia could develop the world’s most technologically advanced LNG industry, according to a report by Accenture. But if industry is to reach its potential

Oil Leak Contained at MV Miner Site

On-site workers acted quickly to contain an oil leak during the final stages of removing the wreck of the MV Miner off Scaterie Island, says the government of Canada’s Nova Scotia province.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1429 sec (7 req/sec)