OW Bunker's partners fell one by one in Singapore
Two of OW Bunker's close collaborative partners in Singapore, in which OW Bunker held considerable claims, were in serious trouble a few days before the Danish bunker company collapsed. One of the partners has filed for bankruptcy.
BY OLE ANDERSEN
Just a few days before OW Bunker's Board of Directors on Wednesday last week had to face the fact that the company's equity had been lost to massive credits to bunker suppliers in Singapore as well as speculative oil contracts, two of OW Bunker's close collaborative partners found themselves in trouble.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
The OW Bunker scandal day by day
For subscribers
.jpg)
OW Bunker's Singapore company aggressive from day one
For subscribers
