Cockett Hires More than 10 from OW Bunker's China Team, Eyes Singapore Hires

by Ship & Bunker News Team
Monday December 8, 2014

Cockett Marine Oil (Cockett) has taken on more than 10 ex-OW Bunker employees in China, Reuters reports.

The bunker supplier and trader has so far not made any official statement on the matter, but It is understood that the new personnel include traders, as well as support staff.

Cockett, which is owned 50:50 by commodities firm Vitol and South African shipowner Grindrod, is also said to be aiming to hire six or seven traders in Singapore.

According to the report, monthly Chinese bunker sales are around 900,000 tonnes, of which OW Bunker claimed around 10 percent.

One China based trader put Cockett's current Chinese bunker sales volumes at between 30,000 and 50,000 tonnes.

Cockett this week opened an office in Greece, bring back together bunker traders John Tsogas and Nellos Filopoulos.

Swiss trading house Mercuria is also said to be looking to absorb OW Bunker talent in Asia, having reportedly already hired around 20 employees while seeking the same number again.