The alleged financial fraud at OW Bunker merely represents one aspect of the global bunker industry. It can in fact be downright life-threatening to be part of the industry, as two Danish bunker companies learned this summer when their ship was fired upon and subsequently hijacked off the coast of West Africa.
The two Danish bunker companies Endofa and Dan-Bunkering established the joint venture Oleum less than a year ago, but today this company no longer exists, Kenn Søndergaard, managing partner at Endofa, tells ShippingWatch.
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