Company continues physical expansion strategy in response to customer demand
OW Bunker, one of the world’s leading physical distributors and resellers of marine fuels,
today announced the launch of a physical distribution operation in Australia. The move is part of OW Bunker’s strategy to further expand the company’s global physical distribution
presence in key locations for customers, ensuring end-to-end quality in the services and
products that it provides.
OW Bunker has leased a fuel oil tank in Port Kembla, New South Wales. The company will
provide vessels with a full range of products including RMG 380 cSt and RME 180 cSt fuel oil
ex-pipe and DMA gas oil by road tanker. OW Bunker will also distribute products by road
tankers from the ports of Sydney, Newcastle and Eden. All fuels meet ISO 8217: 2010
standards, and distribution will commence from 1st April 2014.
“This is another important strategic step for OW Bunker’s physical distribution operation, in
particular as we look to further expand our presence within the Pacific, which is an important
region for our customers. We are confident that with our proven global model for physical
distribution, our understanding of the region and our good relationships with local partners, we
can ensure that customers receive the highest quality products and services, ” says Søren
Christian Meyer, Vice President, OW Bunker.
“In today’s market ship owners and operators want assurances that they receive a fuel
procurement solution that looks at every opportunity to improve efficiencies within their
operations, which saves them both time and money. Our physical distribution offering is
based on taking control of the supply chain and the entire process from order, through to final
delivery to ensure that this happens. Based on engaging with customers and partners, we
believe that this offering will be of real value within Australia and the surrounding region.”
Port Kembla is one of the major ports in New South Wales servicing local coal and steel
industries, as well as general and break bulk cargoes, motor vehicle imports, and is a key
regional hub for some of the world’s leading shipping lines.
OW Bunker’s physical operation will complement the company’s existing reselling office In
Melbourne, which supports customers in all key ports throughout Australia, New Zealand and
the Pacific Islands.
About OW Bunker:
OW Bunker is a leading global independent marine fuel (bunker) company founded in
Denmark in 1980 with operations in 29 countries, including the world’s busiest and most
important ports. OW Bunker acts as a physical distributor as well as reseller of marine fuel,
and operates a global fleet of around 30 bunker vessels. OW Bunker also provides advanced
risk management solutions aimed at controlling costs, minimising risk and protecting against
market fluctuations.
OW Bunker, ultimately controlled by Altor Fund II since 2007, is headquartered in
Nørresundby, Denmark, and has over 600 employees globally.
Read more on www.owbunker.com
