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Standard Club and North are becoming NorthStandard on 20 February 2023. For more information on NorthStandard visit our info page. If you would like more information regarding the changes for Standard Club members and clients click here.

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Press article: Bankruptcy jolts bunker sector

News & Insights 12 December 2014

Olivia Furmston, Legal Director, comments on the effects of the OW Bunker bankruptcy

The bankruptcy of OW Bunker has had a number of consequences in Singapore and elsewhere. Olivia Furmston, Legal Director, spoke to IHS Maritime about some of the implications for shipowners regarding payment terms.

The full article, published on 20 November, is available on the right of this page. It is reproduced with the kind permission of IHS Maritime Fairplay.  

The Standard Club has also written a web alert and bulletin article on this topic.

If members have any queries, their usual club contact or the author are available to assist.

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