By Jacob Gronholt-Pedersen COPENHAGEN, May 30 (Reuters) – A Danish court on Wednesday sentenced the former manager of OW Bunker’s Singapore subsidiary to 18 months in prison after he was...

By Roslan Khasawneh May 11 (Reuters) – The UK Supreme Court ruled in favour of bankrupt marine fuel supplier OW Bunker Malta in a dispute over payment liabilities, potentially leaving...

Shipping firms have paid millions of dollars into U.S. accounts to prevent their vessels from being detained due to non-payment of bills for fuel supplied by the bankrupt OW Bunker, indicating the impact from the collapse of the Danish firm was spreading.

Denmark has arrested a former manager of collapsed ship fuel supplier OW Bunker and intends to hand him to Italy, where he is suspected of fraud, the Danish public prosecutor said on Thursday.

A group of large Danish institutional investors has initiated an investigation of the collapse of OW Bunker, the ship fuel supplier that had listed only earlier this year

Swiss trading house Mercuria has moved to become a significant player in the marine fuel market by hiring a team of close to 40 former employees from the once-largest supplier, traders and sources close to the matter said on Tuesday.

The downfall of a leading marine fuel supplier that prompted sellers to tighten credit terms in Singapore is skewing the post-OW Bunker jostle for market share towards cash-rich trading companies and barge operators...

OW Tanker, a unit of bankrupt OW Bunker and owner of its marine fuel supply ships, has been taken over by a newly-created company, the fleet manager told Reuters on Wednesday.

The unrecoverable credit granted Tankoil was never submitted to the board, let alone authorised by it, said Chairman Niels Henrik Jensen

The Maritime and Port Authority of Singapore (MPA) has determined that there will be only minimal disruption to bunker supply in the Port of Singapore as a result of the OW Bunker fraud scandal and subsequent bankruptcy of the company.

Oil firms stepped up legal action against the Singapore units of bankrupt ship fuel trader OW Bunker with the arrest of a ship fuel delivery barge Laguna on Wednesday and claims totaling more than S$5 million.

Ship fuel prices rose on Monday and buyers scrambled for new stocks after the bankruptcy of the world's biggest supplier, Denmark's OW Bunker, due to a suspected fraud at is Asian subsidiary plunged the troubled sector into fresh turmoil.

Danish marine fuel supplier OW Bunker A/S has filed for bankruptcy less than 48 hours after its world was rocked by an alleged $125 million bunker fraud scandal uncovered at...

Traders and shipping companies scrambled to source fuel and take over supply contracts on Friday after Danish marine fuel supplier OW Bunker said a suspected fraud at its Singapore subsidiary had pushed it to the brink of bankruptcy.

Shipping companies and bunker oil traders scrambled to source fuel and take over supply contracts on Thursday after OW Bunker, one of the world's biggest shipping fuel firms, said it faces possible bankruptcy after uncovering internal fraud.

Danish ship fuel supplier OW Bunker said it may go bankrupt after discovering fraud by unnamed senior employees in its Singapore-based subsidiary which will send it deep into the red this year.

Wilhelmsen Marine Fuels, a subsidiary of Wilhelmsen Maritime Services, has been acquired by OW Bunker and will be fully integrated as a wholly owned subsidiary starting 1 July 2014. “Bunker...