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OWBunker

Former OW Bunker manager bags 18-month jail term

A Danish court sentenced on Wednesday, the former manager of OW Bunker’s Singapore subsidiary to 18 months in prison. Head of Dynamic Oil Trading in Singapore, Lars...

Bankruptcy: OW Bunker investors sue Morgan Stanley and Carnegie

Bankruptcy: OW Bunker investors sue Morgan Stanley and Carnegie

By Jite Eriabie  A consortium of 24 Danish institutional investors is launching legal action against the issuing banks Morgan Stanley and Carnegie in the action for...

OWBunker

Denmark charges former OW Bunker director with fraud

A former director of a Singapore subsidiary of the bankrupt fuel supplier OW Bunker has been charged by Danish prosecution office for a breach of trust worth over DKK...

OWBunker

UK court rules in favour of OW Bunker in landmark supply contract case

The UK Supreme Court has on Wednesday ruled in favour of bankrupt OW Bunker in a case named Res Cogitans, and dismissed an appeal by a shipowner to not pay for the...