OW Bunker Dilemma – STA Law Firm – Corporate Law Firm in Middle East, Asia and Europe | Lawyers in Dubai and UAE

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OW Bunker Dilemma

https://www.stalawfirm.com/en/blogs/view/ow-bunker-dilemma.html

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.

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