Lawyer after new defeat in OW case: "Fundamentally wrong"

It is "fundamentally wrong" that OW Bunker's primary bank can lay claim to the bunker company's receivables from shipping companies, says a lawyer representing OW's subcontractors in the US after a new court decision in New York.

Photo: Ritzau Scanpix/Kasper Palsnov.


A lawyer representing several of OW Bunker's subcontractors in the US is displeased with a new court ruling in the comprehensive legal aftermath after the Danish bunker group's bankruptcy.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DNB Markets says oil price could hit USD 100 a barrel

An optimistic scenario could see the oil price go above USD 100 per barrel, DNB Markets forecasts in its latest oil market report. It won’t take much for it to happen, oil analyst Helge André Martinsen says to ShippingWatch.

Cadeler secures two new deals

Shipping line Cadeler, which operates wind installation ships, lands two new deals, one with Vestas, the other with an unnamed customer.

Container reliability hit new low at the end of 2021

Schedule reliability in the container industry set a new negative record in December 2021 with one route in particular hit hard with an on-time arrival rate of only 10 percent, show figures from Sea-Intelligence. Problems in supply chains are still ”a huge burden,” says Hapag-Lloyd.

Further reading

Related articles

Latest news

See all jobs