OW Bunker, one of the world’s leading physical distributors and resellers of marine fuels, today announced the launch of physical distribution operations in the ports of New York and New Jersey. The move follows the start of physical operations in Los Angeles and Long Beach in March 2014, and thereby continues OW Bunker’s ongoing strategy of expanding its physical presence in key locations in North America.
Adrian Tolson, General Manager, OW Bunker North America said:
“The positive customer response to our physical operations in LA and Long Beach confirmed that there is a real demand for high value services in major ports throughout the US region. Launching physical distribution services in New York and New Jersey further strengthens our network of physical capabilities across North America, providing customers with adaptable and reliable services from East to West Coasts that help them to manage costs, ensure quality, and improve their operational efficiencies and performance.”
The company will provide customers with a range of products including RMG 380 (HSFO and LSFO), RMK 700, RMK 500 and LSMGO at all berths and anchorages in the area. OW Bunker will extend its relationship with barging company, Westoil Marine Services, which includes the charter of a double-hulled barge and additional barges will also be utilised as required.
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. Headquartered in Nørresundby, Denmark, OW Bunker is listed on the NASDAQ OMX Copenhagen and has over 600 employees globally. Read more on www.owbunker.com