Marine Link
Friday, October 28, 2016

Aegean Acquires Bunkering Double-HullTanker

April 23, 2009

Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced it has taken delivery of the Linnea, a 1980-built 11,520 dwt double-hull bunkering tanker to be renamed the Aegean Star, following the company's agreement to purchase the vessel from an unrelated third party. The Aegean Star is expected to be deployed to the company's West African market by the end of the second quarter of 2009.

E. Nikolas Tavlarios, President, commented, "With the strategic acquisition of the Aegean Star, Aegean has further strengthened its logistics infrastructure in West Africa. The vessel's significant delivery capacity provides the ability to extend Aegean's reach to more markets located on the Gulf of Guinea and increase sales volumes in this growing region. Consistent with our focus on expanding future sales volumes, we plan to commence operations in Tangiers, Morocco and Trinidad and Tobago during the current second quarter and expect to take delivery of 19 remaining double-hull bunkering tanker newbuildings by the end of 2010."


Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News