OW Bunker CEO doesn't believe in sale this year

The sale of oil giant OW Bunker is a long way from happening, and it probably won't happen this year, says CEO Jim Pedersen after media speculations that the company was aiming for a stock listing.

BY KATRINE GRØNVALD RAUN

The summer put a damper on the sales process of OW Bunker, one of the world's largest bunker companies. Sweden-based private equity fund Altor has been readying the company for a sale since April, and if you ask the company's CEO, Jim Pedersen, the process could easily take years:

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OW Bunker CEO doesn't believe in sale this year

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OW Bunker: The future bunker market is a patchwork

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Front page now

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Kristian Siem predicts boom in offshore following a decade of hurt

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

Seven Seas: Customers' green ambitions and actions don't align

MSC chosen as strategic partner for ailing Spanish rail freight company

Venture fund in Singapore wants increased business focus from start-ups

Grieg and Peak Group venture orders up to eight new vessels

Jobs