OW Bunker, a distributor of marine fuels, has acquired marine fuel broker Wilhelmsen Marine Fuels, a subsidiary of Norwegian Wilhelmsen Maritime Services.
Terms of the deal were not disclosed.
Wilhelmsen Marine Fuels’ main activity is broking services from offices in Oslo, London and Singapore. The firm will continue as a separate business within the OW Bunker group.
“As Wilhelmsen Marine Fuels is primarily a bunker broker company, the acquisition will only have a very limited effect on the total marine fuel transaction volume of OW Bunker,” the company said.