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ARTICLE · 04 JULY 2018

O.W. Bunker Aftermath: Actions Every Owner Should Take to Protect Against Secret Liens

Holland & Knight
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The high-profile collapse of the O.W. Bunker Group has caused havoc in the maritime industry and illustrated the need for owners to take every step possible to avoid allowing any lien for bunkers

United StatesTransport
James Harold Power
James Harold Power
Marie E Larsen
Marie E Larsen
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James Harold Power is a Partner and Marie Larsen is an Associate in the New York office

HIGHLIGHTS:

  • The high-profile collapse of the O.W. Bunker Group has caused havoc in the maritime industry and illustrated the need for owners to take every step possible to avoid allowing any lien for bunkers attached to its vessel.
  • Countless owners and their vessels have been targeted because of the all-too-common failure of a charterer to pay for bunkers.
  • Stakeholders, including owners and insurers, should take immediate steps to put in place a process and procedure to be followed at every fuel delivery.

The high-profile collapse of the O.W. Bunker Group has caused havoc in the maritime industry and illustrated the need for owners to take every step possible to avoid allowing any lien for bunkers attached to its vessel. Countless owners and their vessels have been targeted because of the all-too-common failure of a charterer to pay for bunkers. Moreover, failure

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