The Dubai ship fuel supplier has offices in Beijing and Shanghai and is the latest rival to take advantage of OW's disappearance from the bunker market, according to Chinese traders cited by Reuters.
The company, owned 50% by trading giant Vitol and 50% by South African shipowner Grindrod, sells up to 50,000 tonnes a month in China, the report said.
OW had nearly 10% of the market there before it filed for bankruptcy last month.
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