Marine Link
Friday, September 30, 2016

OW Bunker Strengthens Physical Distribution Capabilities

May 22, 2014

Star Goethals and Star Baltic Panama

Star Goethals and Star Baltic Panama

Panama Canal to play a key role in changing regional marine fuel dynamics.

OW Bunker (OW2.SG) has  announced that it has time chartered an additional barge in Panama to further strengthen its physical operations. The move reinforces the company’s ongoing commitment to its customers operating along the Panama Canal, helping them to effectively navigate the region’s changing fuel dynamics.

OW Bunker’s new vessel in the region is the 3778 dwt, double-hulled Star Goethals which is equipped for delivering a full range of quality products, including low sulphur and high sulphur fuel, as well as MGO. This complements the 3255 dwt Star Baltic, which OW Bunker has been utilising since 2010.  Both vessels have fast pumping rates to quickly and efficiently provide customers with a wide range of fully tested and independently verified marine fuels.

Adrian Tolson, Regional Manager, North America, OW Bunker said:  “Panama’s marine fuel market is undergoing a period of change, driven by the widening of the Canal which will exert a shift in regional trade routes and impact fuel demands across the Americas.  As these dynamics continue to evolve, OW Bunker is committed to helping ship owners and operators plan their fuel sourcing throughout the Americas, including Panama. Boosting our physical infrastructure by time chartering another barge, further enhances our delivery capacity and underlines our commitment to providing customers with flexible and efficient solutions in this pivotal location. Furthermore, by co-ordinating physical distribution for customers through our network spanning the south and west coasts of North America, Panama and wider Latin America, OW Bunker is well positioned to work with customers in maximising their operational efficiencies going forward.”



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News