China Shipyard Delivers Double-hull Bunker Tanker to AMPN

Press Release
Thursday, April 12, 2012
Aegean Tankship: Photo courtesy of AMPN

Bunker tanker from Qingdao Hyundai Shipyard delivered to Aegean Marine Petroleum Network (AMPN) to complete company's newbuild program

Aegean Marine Petroleum Network Inc announce that it has taken delivery of the Symi, a 6,270 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The Symi, which is expected to be deployed to the Company's market in West Africa, represents the final vessel under Aegean's plan to take delivery of 31 double-hull bunkering tanker newbuildings.

E. Nikolas Tavlarios, President, commented, "We are pleased to take delivery of the Symi and complete our fully funded newbuild program, a major milestone for our Company. Since going public in December 2006, we have worked closely with reputable shipyards in the execution of our strategy and taken delivery of 31 double-hull bunkering tanker newbuildings.

Our large and modern delivery fleet currently totals 69 vessels, providing Aegean with a distinct competitive advantage as we continue to capitalize on a dynamic regulatory environment and strengthen our leading industry brand for the global supply of marine fuel. With significant built-in delivery capacity, combined with an expanding worldwide presence, we are in a strong position to leverage Aegean's high-quality logistics infrastructure and increase the Company's future earnings power.

Maritime Reporter October 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Seaspan Acquires Sixth 14000 TEU Boxship

Seaspan Corporation  announced today that it accepted delivery of a 14000 TEU containership, the YM Warmth. The new containership, which was constructed at Hyundai Heavy Industries Co.

Newport News Shipbuilding Converts to Natural Gas

Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has converted its steam-generation plant from heavy fuel oil, also known as Bunker C,

French President Inaugurates CMA CGM’s New Mega Ship

The CMA CGM Bougainville, the largest containership sailing under French flag, was inaugurated Tuesday by French President François Hollande in Le Havre.   Other

Tanker Trends

Creole Spirit Sets Sail for Sea Trials

Teekay’s first M-type, Electronically Controlled, Gas Injection (MEGI)-powered LNG vessel, Creole Spirit, has sailed out from the Daewoo Shipbuilding & Marine Engineering

House Passes Bill to Repeal US Oil Export Ban, Veto Looms

The U.S. House of Representatives passed a bill on Friday to overturn the 40-year-old ban on oil exports, but the measure did not get enough support to overturn any veto by President Barack Obama,

Commodity Surge Boosts World Equities; Dollar Falls

Major world stock markets were poised for their biggest weekly advance since 2011 on Friday, as greater investor appetite for riskier assets propelled gains in

Fuels & Lubes

Chevron Cylinder Oil Gains NOL from Wärtsilä

Chevron Marine Lubricants’ 100BN cylinder oil, Taro Special HT 100 has received approval for its use in another engine range – products made by Winterthur Gas & Diesel Ltd.

Traders Eye Floating Diesel Storage in Atlantic

Europe diesel stocks reach fresh record high; huge imports from Asia, Middle East weigh on supplies. Oil traders are preparing to store diesel in giant tankers

Saudi Shipping Firm Bahri Posts Big Jump in Q3 Profit

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a significant hike in third-quarter net profit on Thursday.


Zarmati joins Fathom

Fathom has engaged 44-year cruise industry veteran Maurice Zarmati to work with the burgeoning company. Fathom, which provides a different kind of cruise that

HMS Protector Deployed to Antarctic

Ice ship HMS Protector is heading for waters no Royal Navy vessel has visited in 80 years as she begins a marathon deployment to Antarctica. The Plymouth-based

Moody Upgrades Port of Palm Beach

The Port of Palm Beach District announced that Moody’s Investors Service, Inc. upgraded the Port of Palm Beach District senior rating to Baa3 from Ba1, and reported the outlook to be stable.

Maritime Contracts Maritime Security Maritime Standards Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1912 sec (5 req/sec)