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OW BUNKER latest…

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OWBunkerlogo_ou_rgbOW BUNKER TO SEEK FORMAL APPROVAL FROM MPA ON USE OF CORIOLIS FLOW METER AS IT SUCCESSFULLY COMPLETES SECOND PHYSICAL SUPPLY TRIAL

OW Bunker, one of the world’s largest suppliers and traders of marine fuels and lubricants, today confirmed that following the success of its initial physical supply trials, it will seek approval from the Maritime and Port Authority of Singapore (MPA) to certify its utilization of Coriolis Flow Meters as part of its new physical supply offering in Singapore.

The company has just completed its second successful delivery to a customer using the technology as a test trial against the normal tank gauging method, which has attracted significant interest from customers in the region following the initial announcement.

“While any physical supply that we currently conduct will adhere to, and be founded upon the strict guidelines of MPA’s SS 600 from pre- to post-delivery via tank gauging, we have found that initial trials using Coriolis Flow Meters in conjunction with tank gauging have produced excellent results, ” says Paul Bradshaw, General Manager, OW Bunker Asia.

“As part of this development process, and given the potential of the technology in providing customers with extra assurance on quantity, we will work closely with MPA to seek approval for the use of Coriolis Flow Meters in the coming months for our physical operations in Singapore. MPA has consistently championed the benefits of using mass flow meters as a means of driving industry progression and professionalism, and it is something we intend to follow and act upon.”

OW Bunker’s second physical delivery with a customer was completed just two days after its first, using Coriolis Flow Meters as internal trials. The company used its vessel NEPAMORA, a 5600 dwt, double-hulled barge to provide 2500 metric tonnes of fuel oil on 9th June.

About OW Bunker:

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 Group is represented in 25 countries world wide, spanning Europe, Middle East, Asia, Africa and the Americas and commands more than 6% of the global bunker market.

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