Carrier forced to pay OW bunker-bill twice

While virtually all carriers have kept it to themselves if they have paid twice for bunker from now-collapsed OW Bunker, one carrier has decided to speak openly. The loss could come to several hundred thousand dollars.

BY TOMAS KRISTIANSEN AND KATRINE GRØNVALD RAUN

It might seem absurd for a customer to pay the same bill twice. But the Danish dry bulk carrier XO Shipping expects that two concrete arrests of ships in Turkey and the US, respectively, will end in double payments.

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Carrier forced to pay OW bunker-bill twice

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

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IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

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Kuehne+Nagel triggers unrest among staff with new management structure

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Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs