The Rise and Fall of OW Bunker, the World's Largest Marine Fuel Trader

GARP Risk Intelligence, 2015

17 Pages Posted: 5 Oct 2017

See all articles by Alessandro Mauro

Alessandro Mauro

MKS; University of Geneva - Geneva School of Economics and Management

Date Written: May 2015

Abstract

In November 2014, just seven months after a successful IPO, OW Bunker went unexpectedly bankrupt because of alleged “risk management losses” and fraud. Alessandro Mauro reconstructs the chain of events and demonstrates that the company’s risk management was inconsistent and fell short of best practices.

Keywords: Oil Energy trading, Risk Management, Derivatives, Speculation

JEL Classification: G33, M40

Suggested Citation

Mauro, Alessandro, The Rise and Fall of OW Bunker, the World's Largest Marine Fuel Trader (May 2015). GARP Risk Intelligence, 2015, Available at SSRN: https://ssrn.com/abstract=3047948 or http://dx.doi.org/10.2139/ssrn.3047948

University of Geneva - Geneva School of Economics and Management ( email )

Uni Mail
Bd du Pont-d'Arve 40
Geneva, 1211
Switzerland

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
118
Abstract Views
565
rank
302,740
PlumX Metrics