OW liquidator aims to strip bank of the rights to huge claims

The Danish liquidators of OW Bunker have filed a lawsuit against the major Dutch bank ING in the battle for the remains of the collapsed bunker company. Currently, the parties are trying to avoid a grueling court case.

Photo: Kasper Palsnov/Jyllands-Posten

The battle for the huge OW Bunker claims against carriers continues even though the banks won the first round in a UK court this May.

The UK Supreme Court ruled that the major Dutch bank ING holds the right to the money which several carriers owed the bunker company for fuel purchases, when the bunker supplier went bankrupt in the winter of 2014.

Read the whole article

Get 14 days free access.
No credit card required.

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

Further reading

Related articles

Trial banner

Latest news

See all jobs