ShippingWatch

Belgium is Achilles' heel for carriers after OW collapse

Belgium has cracked down hard on carriers and arrested more than 100 vessels after the collapse of OW Bunker, as a result of the country's special rules. Now Belgium's judges are going up against the longstanding practice in the country, which has earned the nickname "arrest haven".

Photo: Andreas Vallbracgt-Prachtvoll/Jyllands-Posten

As a carrier it is hard to avoid Belgium, which with the Port of Antwerp ranks in the top three among the largest European ports and is considered by many to be one of the main gateways in and out of Europe.

Following the collapse of OW Bunker in the fall of 2014, the enthusiasm to stop by Belgium has faded among carriers. And there is a good reason as to why. Belgium is one of the countries where a ship faces the highest risk of being arrested, and parties involved in the aftermath of OW Bunker's bankruptcy have definitely utilized this.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
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

ECSA's new secretary general balances on a razor's edge

ECSA’s newly appointed secretary general, Sotirs Raptis, has taken up the helm of an organization criticized by its own members for being invisible. In an interview with ShippingWatch, Raptis explains how he intends to alter that image.

Further reading

Related articles

Latest news

See all jobs