Tue 15 Jan 2013 14:57

OW reports 'successful' start in Gulf of Mexico


OW Bunker sells 40,000 tonnes of fuel oil in less than two months to clients in the Gulf of Mexico.



OW Bunker, one of the world's largest suppliers and traders of marine fuels and lubricants, today announced a successful start to its new physical operations in North America.

Operating offshore in the Gulf of Mexico lightering zones, 40,000 metric tonnes of fuel oil has already been sold to customers in less than two months, with continued demand forecast.

Commenting on the Gulf of Mexico supply operation, Adrian Tolson [pictured], Regional Manager, North America, Physical Division, OW Bunker, said: "OW Bunker has unrivaled experience in providing offshore supply services. Customers, particularly the many tanker fleets operating in the region, are realizing both the benefits of not having to deviate from trading patterns, but also the fact that it is often cheaper to buy offshore than in higher priced, more traditional US bunkering ports.

"On top of this, our bunkering vessel, Elisalex Schulte, is the most modern vessel in the region with outstanding pumping rates, frequently delivering fuel at an average rate of 700 metric tons per hour. This saves time for our customers and further increases their operational efficiencies, which we know is so important to them.

"We are pleased with the start we have had. We are seeing a continued demand from our customer base, and are focused on ensuring further supply flexibility to meet their increasing needs.”

OW Bunker launched its physical supply division in the US at the end of November 2012, operating in international waters in the Gulf of Mexico, off both the Texas and Louisiana coastlines.

Image: Adrian Tolson, Regional Manager, North America, Physical Division, OW Bunker.

Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.

Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.

Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.

Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.

A Maersk vessel, pictured from above. Rise in bunker costs hurts Maersk profit  

Shipper blames reroutings via Cape of Good Hope and fuel price increase.

Claus Bulch Klausen, CEO of Dan-Bunkering. Dan-Bunkering posts profit rise in 2023-24  

EBT climbs to $46.8m, whilst revenue dips from previous year's all-time high.

Chart showing percentage of fuel samples by ISO 8217 version, according to VPS. ISO 8217:2024 'a major step forward' | Steve Bee, VPS  

Revision of international marine fuel standard has addressed a number of the requirements associated with newer fuels, says Group Commercial Director.

Carsten Ladekjær, CEO of Glander International Bunkering. EBT down 45.8% for Glander International Bunkering  

CFO lauds 'resilience' as firm highlights decarbonization achievements over past year.

Anders Grønborg, CEO of KPI OceanConnect. KPI OceanConnect posts 59% drop in pre-tax profit  

Diminished earnings and revenue as sales volume rises by 1m tonnes.

Verde Marine Homepage Delta Energy's ARA team shifts to newly launched Verde Marine  

Physical supplier offering delivery of marine gasoil in the ARA region.


↑  Back to Top