Aegean Horizon News

The tankship 'Aegean Horizon', held by Nigerian port authorities since 13, November 2012, permitted to depart. The vesel had been held during a regional naval exercise in connection with the alleged theft of some thousands of tons of crude oil. Aegean Horizon was released on the intervention of Greek President Karolos Papoulias and Greece's Foreign Ministry in Athens, and having left port was heading for Rotterdam. Reportedly the crew were in normal health.

Horizon Tangiers Terminal S.A. (HTTSA), has selected Aegean Marine Petroleum (Aegean) (NYSE:ANW) as its sole bunkering company for its terminal in the port of Tangiers. The agreement, which is subject to final documentation, is scheduled to become effective in January 2009. HTTSA's appointment of Aegean as its exclusive bunkering company in this critical region is an important part of its effort to expand the terminal. Aegean Marine Petroleum will provide retail bunkering services to ships in port and at sea on an exclusive basis for a period of 25 to 35 years. Aegean will also have the right to expand its operation as the sole bunker tenant beyond the port perimeter, which is strategically located along the Strait of Gibraltar connecting the Atlantic Ocean to the Mediterranean Sea.