OW Bunker, one of the world’s largest suppliers and traders of marine fuels and lubricants, today announced that Adrian Tolson has been appointed to the new role of Regional Manager for the company’s North American operation. Mr. Tolson joined OW Bunker in October 2012 to develop the physical division in North America; he will now head up both trading and physical operations. The move is part of the company’s strategy to create strong leadership within its key global regions and to deliver controlled expansion and increase capacity within North America, said in the company's press release.
As part of the development, OW Bunker is also in the process of implementing a significant recruitment drive to help facilitate its growth ambitions. The company has moved to new offices in Stamford, Connecticut, where its regional physical division is headquartered, and it also has a trading operation based in both Stamford and Houston.
“The North American market is facing real regional change over the next few years, in addition to other global economic and regulatory influences, which will have a significant impact on the dynamics of the local bunker market,” said Adrian Tolson, Regional Manager, OW Bunker North America.
“However, with any change, also comes great opportunity. And we are confident that we can deliver rapid, yet controlled expansion, as we look to further develop our customer base and infrastructure within the region. Critically, our people are central to delivering this, and we are actively looking to recruit more staff to help support the expansion process.”
The appointment of Mr Tolson comes on the back of increased expansion within the US, following the initial launch of OW Bunker’s trading operation in May 2012 and its physical division in October 2012.
About OW Bunker:
OW Bunker is one of the world’s largest suppliers of marine fuel oil and related services. The Group’s core activity is the global sale of bunkers both from its own physical inventories, where it operates over 30 large and small tankers in its global fleet, as well as an intermediary trader. OW Bunker also provides advanced risk management tools and services in an increasingly unpredictable oil market and volatile global economy, and also purchases and sells entire oil cargoes.
The Group is represented in 25 countries world wide, spanning Europe, Middle East, Asia, Africa and the Americas and commands more than 6% of the global bunker market.
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