Integrated Marine Fuel Services News

Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced on Jan. 15 that it has taken delivery of the Hana, a 1992-built 1,615 dwt double-hull bunkering tanker to be renamed the Ace Hana, following the company's agreement to purchase the vessel from an unrelated third party. The Ace Hana is expected to be deployed to the company's Greek market. E. Nikolas Tavlarios, President, commented, "With the strategic acquisition of the Ace Hana, Aegean has once again strengthened its position to capitalize on the regulatory phase-out of single-hull vessels and meet the unfulfilled demand for the Company's integrated marine fuel services. Our latest vessel will be deployed to our Greek market and serve the busy port of Piraeus, where the phase-out of single-hull vessels is now complete.