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OW Bunker buys Wilhelmsen Marine Fuels

· Tuesday, June 24, 2014

OW Bunker, a distributor of marine fuels, has acquired marine fuel broker Wilhelmsen Marine Fuels, a subsidiary of Norwegian Wilhelmsen Maritime Services.
Terms of the deal were not disclosed.
Wilhelmsen Marine Fuels’ main activity is broking services from offices in Oslo, London and Singapore. The firm will continue as a separate business within the OW Bunker group.
“As Wilhelmsen Marine Fuels is primarily a bunker broker company, the acquisition will only have a very limited effect on the total marine fuel transaction volume of OW Bunker,” the company said.

Chris Gillis

Located in the Washington, D.C. area, Chris Gillis primarily reports on regulatory and legislative topics that impact cross-border trade. He joined American Shipper in 1994, shortly after graduating from Mount St. Mary’s College in Emmitsburg, Md., with a degree in international business and economics.