Aegean’s New Bunkering Tanker

February 7, 2010

Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced that it has taken delivery of the Zakynthos, a 6,272 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the company's market located in Gibraltar.

E. Nikolas Tavlarios, President, commented, "We are pleased to continue to execute our growth strategy with the delivery of the Zakynthos. By once again expanding our high-quality logistics infrastructure, we have further enhanced our ability to meet the strong demand for modern tonnage and strengthened our leading industry brand. With 14 additional double-hull bunkering tanker newbuildings scheduled to be delivered this year, combined with the previously announced planned acquisition of Verbeke Bunkering N.V., Aegean is well positioned to significantly increase its market share for the global supply of marine fuel and expand future sales volumes."

(www.ampni.com)

Logistics News

Israel Attacks Houthi Targets in Hodeidah Port

Israel Attacks Houthi Targets in Hodeidah Port

Britlift Launches New All-In-One Container Lifting System

Britlift Launches New All-In-One Container Lifting System

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Subscribe for Maritime Logistics Professional E‑News

India's Zomato-parent Eternal reports 70% increase in quarterly revenue. Shares reach a 5-month high.
Air India Jet Skids During Landing in Mumbai, Damages aircraft and runway
Putin announces that foreign vessels will need to be approved by the FSB before entering Russian ports