Court Uncourt – Your definitive source for all things legal. Law Updates from STA Law Firm. Now available on iOS, Google Play, Amazon, and more!
Sourced through Scoop.it from: www.stalawfirm.com
OW Bunker Dilemma
The collapse of OW Bunker Group (the OW) has been extensively reported worldwide. OW has been one of the world’s largest bunker suppliers filed for bankruptcy in 2014. The financial collapse of OW has far reaching consequences on ship owners. This is because in the bunker market, a ship owner usually enters into a sale contract with a supplier for the supply of bunkers.