Major shareholder: Unfortunate OW Bunker downgrade

The declining oil price and OW Bunker's subsequent downgrade are unfortunate, says Søren Johansen, partner at equity fund Altor, which owns 35 percent of the shares in the company-

Photo: Arkivfoto

It is never a good sign when a newly listed company is forced to perform a significant downgrade shortly after completion of the IPO. And Tuesday's forecast downgrade from bunker company OW Bunker to a result 20 percent below 2013 clearly represents bad news.

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

Further reading

Related articles

Latest news

See all jobs