---

OW Bunker, one of the world's leading suppliers and traders of marine fuels and lubricants, today announced the appointment of Paul Bradshaw as its new Regional Manager for OW Bunker Asia.

Bradshaw has more than 20 years of experience working within the oil industry having joined BP as an analyst in 1990. He holds a Masters Degree in Energy Economics and was formerly the head of trading operations for Asia at BP, and more recently the Vice President of Oil Storage and Operations at Brightoil.

Commenting on the appointment, Götz Lehsten, Vice President, OW Bunker, said: "Paul brings much industry knowledge and experience of working in Asia, and I am delighted he has joined OW Bunker to help drive further growth across the region. Asia is an important market for our customers and we will continue to ensure that our operations are calibrated to meet their increasing demands."

Bradshaw is one of a number of senior members of Brightoil Petroleum's fuel oil team to have left the company in recent months. Earlier this year, Vince Matassa, Brightoil's head of operations in the United States and the Caribbean, resigned from his post.

Others to quit are Lim Eu Ming, who was trading derivatives for Brightoil, along with Davy Choo, a senior fuel oil trader with Brightoil and another former BP employee.

OW Bunker is one of the world's largest suppliers of marine fuel oil and related services. The group's core activity is the global sale of bunker fuel both from its own physical inventories, where it operates over 30 large and small tankers in its global fleet, as well as an intermediary trader.

OW Bunker also provides risk management tools and services and also purchases and sells entire oil cargoes.