OW Bunker has announced that it has reduced global claims1 on physical products to 0.9% for Q1 2014. This is down from an average of 1.6% in 2013.
The company set a target of reducing global claims to below 1% when it introduced its own Global Quality Standard (GQS) at the end of 2012 to ensure the quality of products supplied by its physical operations on a global basis. As part of the GQS, customers are provided with a specification analysis on physical product orders that is delivered prior to the usual testing procedures conducted by an external fuel oil analysis provider. This ensures complete transparency in the physical distribution process.
Read the article here: http://www.marinelink.com/news/reduces-bunker-global368952.aspx
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