OW Bunker loss forces Wiljo to Chapter 11
The collapse of OW Bunker has dragged down the major Belgian bunker company Wiljo and forced it to file for Chapter 11 – like protection, according to a release sent to ShippingWatch.
One of the biggest creditors of the OW Bunker collapse, Belgian bunker provider Wiljo, has filed for Chapter 11 - like protection in Antwerp, the company informs ShippingWatch. Wiljo does not want to elaborate on the specific reasons of the dramatic decision but says in short release that it is confident that this step can lead to a restructuring of the company that is one of the important bunker stakeholders in the huge Belgian and Dutch ports.
Already a subscriber?Log in here
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.
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:
OW Bunker management sued for USD 106 million
For subscribers
Investors prepare giant claim against OW Bunker management
For subscribers
.jpg&w=384&q=75)
