Double Jeopardy?
UK Supreme Court judgment on OW Bunker, The Judgment in Brief: The long awaited Judgment by the UK Supreme Court (“UKSC”) was handed down on 11th May 2016 in which they unanimously dismissed the appeal…
Shipowners May Have To Pay Twice!
Although the outcomes of arrest proceedings are becoming more predictable to the reassurance of physical bunker suppliers, it appears that shipowners will continue to be at risk of having to pay OW Bunker or its…
OW BUNKER – The Saga Continues?
After OW Bunker's insolvency, Owners were faced with the risk of having to pay twice for the same bunkers - once to OW Bunkers / ING who had a contractual claim, and once to physical…
OW Bunker fallout
Khorfakkan Federal Appeal Court's ruling supports local bunker suppliers' position and rejects ING's claims: By way of background, subsequent to the liquidation of OW Bunker Middle East DMCC ("OWBME"), Shipowners found themselves in the unenviable…
OW Bunker: The SAGA Continues
Many of you have been inquiring about the status of the O W Bunker DMCC ("OWB") liquidation and we are now in a position to provide you with a significant update. It is anticipated that…
OW Bunker Aggressively Pursuing Ship Arrests
In the midst of the on-going OW Bunker (OWB) debacle, here are some key points when considering your options, particularly in the UAE. Pre-emptive action through the courts around the world by ship owners It…
