OW Bunker is a leading global bunker fuel logistics and distribution company founded in 1980 with physical and reselling operations in 24 countries, including the world’s busiest and most important ports. OW Bunker ensures delivery of bunker fuel to shipping companies in ports and at sea, and is one of the world’s largest bunker fuel suppliers with a 6% global market share.
The Company is operating two closely related activities: Reselling, where OW Bunker matches a buyer with a supplier of bunker fuel, and Physical, where OW Bunker sources, stores, blends and physically delivers the bunker fuel at the vessels using barges.
OW Bunker offers credit and value-added services, in particular industry-leading risk management, hedging and support services. The centralised risk management systems deliver a high degree of control and predictability by managing commodity price and credit exposure and allow agility and efficiency in both reselling and physical operations.
OW Bunker has a diversified customer portfolio among the world’s largest and most blue-chip shipping companies. 60% of OW Bunker’s vessel capacity is being chartered rather than owned thereby increasing flexibility to market dynamics. OW Bunker has around 530 employees globally and is headquartered in Norresundby, Denmark.
OW Bunker has been owned by the private equity fund Altor since 2007.