Bunker supplier expands its operations

The move is said to be part of a natural process that sees OW Bunker enhance its capabilities and presence within the supply chain of the global bunker market. The company claims to have a significant physical presence in Northern and Western Europe, so the development is said to create one of the strongest cargo trading divisions within the bunkering industry and to reinforce the company’s leading position in the fuel oil market.

The success of OW Bunker’s existing cargo trading team, as well as the strong financial position of the company, has acted as a catalyst for the development. The new company is founded to build upon this to create an experienced and skilled team of traders.

Commenting on the move, Jane Dahl Christensen, executive vice president, OW Bunker said: “The establishment of OW Bunker Trading SA further strengthens our existing cargo trading team, building on the significant success that they have already generated to create an operation with significant depth and even more experience. Fundamentally it signals OW Bunker’s intention to continue its strategic expansion into sectors that present real opportunities, where our industry knowledge and understanding of the global oil markets, as well as our worldwide infrastructure, financial strength and trading expertise can act as a channel for further growth.”