Last week's top stories on ShippingWatch

OwBunker5.jpg Carriers:

Summer has arrived but the shipping industry is not on vacation. The legal aftermath of the OW Bunker collapse intensified, Cosco bought OOCL, and shipping's pollution was the subject of debate after last week's IMO meeting. Stories also came out about Dan-Bunkering and Arne Blystad.

ING loses fundamental OW Bunker case

Star Goethals and Star Baltic_Panama.jpeg Suppliers:

A US court has ruled against major Dutch bank ING in a fundamental case regarding the right to demand payment from carriers which owed OW Bunker money for fuel. This ruling contradicts the landmark ruling from the UK Supreme Court, the so-called Res Cogitans case.

OW Bunker is haunting the bunker industry

OW_bunker.jpg Suppliers:

The bunker industry has not been the same since November 7th 2014. The end of OW Bunker's fairy tale was so unexpected that it today – two years later – still hovers like a ghost haunting the large conference hall at bunker conference SIBCON being held this week in Singapore.

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