ShippingWatch

A part ofWatch Medier

Bunker industry haunted by banking ghost

One year after the collapse of OW Bunker, the global bunker industry is forced to handle bank deals with great caution. Mortgages in invoices can make customers panic, as Peninsula has experienced. Bunker Holding has deliberately opted to keep the banks out of it.

Copyright OW Bunker A/S
Photo: OW Bunker
BY KATRINE GRØNVALD RAUN AND TOMAS KRISTIANSEN
Published:

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Log in

Try ShippingWatch for 14 days.

Get a trial subscription here.

Do you want a trial subscription with multiple users for yourself and your colleagues?

Read more about your options and find the contact information to our sales team here.

Related articles

Latest news

  1. Color Line sends 400 employees home
  2. Solstad gets green light for restructuring: "A new beginning"
  3. Norwegian offshore wind sector wants billions of NOK from government for development
  4. Russian agents charged with large-scale cyberattack against Maersk
  5. Fjord Line cancels sailings between Denmark and two Norwegian cities
  6. Crisis-stricken Ocean Tankers to return all vessels to shipowners
  7. Total delivers carbon-neutral LNG
  8. Hin Leong's bunker company has licenses revoked in Singapore
  9. Kuehne + Nagel saved CHF 77 million on personnel during Covid-19
  10. DSV: The financial crisis was worse than the corona crisis
  11. US agricultural sector criticizes container lines
  12. US oil giant to acquire rival in billion-dollar transaction
  13. Maersk Tankers: Regional regulations could create clarity for the sector
  14. Golden Ocean makes third change to management in less than a year
  15. Transocean gets warning from New York Stock Exchange
  16. Textainer sees container shortage persist well into 2021
  17. Outgoing Ørsted CEO to join A.P. Møller Holding as advisor
  18. Zim appoints new chairman
  19. The global fleet of container ships is developing in two directions
  20. Former energy minister set to join Solstad board

See all

Jobs

See all

See all