Bunkers Department

The Bunkers department operates in the spot/contracts/FPP markets and procures physical products for vessels operated by Western Bulk. The department is exposed to high volatility markets with daily price fluctuations. As per 2016 about 500.000 mts of fuel oil, in 180 different ports worldwide was procured.

The Bunkers department strives to provide the best bunkering solutions for the operators in Western Bulk, as well as ensuring products of good quality, correct volume with minimum delays. To perform and achieve these goals, the department works in the best efficient manner, utilizing resources and obtaining long-term strategic relationship with suppliers, brokers and traders in a safe and controlled environment.

What we do

Jonas Gjestang Larsen

Head of Bunkers and Derivatives
+47 2313 3558
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Gustav Arvidsson

Bunker Procurement Manager
+47 2313 3422
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Sara Scaramelli

Head of Bunkers Asia
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Western Bulk

Email and IT-related Fraud Alert

There is an increasing risk of attempted fraud and other security threats via email. In particular, Western Bulk has noticed an increase of fraudulent requests to change bank account details of suppliers/creditors, in an attempt to redirect payments to criminals and not to the intended recipient. We encourage everyone to be vigilant and learn to detect fraudulent email instructions - seemingly legitimate emails may contain fraudulent information, this is not just a cybersecurity matter.

As a result, Western Bulk will treat any notice of bank account changes as suspicious. Urgent pressure to effect payment as soon as possible without verification of the changes will also be treated as suspicious.

Please note that Western Bulk would not inform of changes to bank account details by email notice alone. In the unlikely event that we need to change a beneficiary name or our other bank account details, we would personally contact our supplier or customer in order to personally verify any change in details.

Similarly, we ask that all our suppliers and creditors:

1. first notify us in writing and
2. personally verify any change in bank details or change in beneficiary in any payment advice to Western Bulk.

In summary, notices of bank account changes will require voice confirmation from your Western Bulk contact, either by telephone or face to face, before payment can be authorised so please make sure to notify any changes in good time.