Sign up
Log in Sign up
Thu 21 Jan 2016, 09:23 GMT

Aegean to launch Rio-based bunker operation


Bunker firm expands into the South American market. New operation set to commence in Q1 2016.

Aegean Marine Petroleum Network Inc. has confirmed that it will be commencing operations in the South American market during the first quarter of 2016.

In a statement, Aegean said: "The company has assembled a team, with extensive local market experience, to manage an asset-light physical supply and back-to-back trading model in the region. Aegean believes that the new office, which will be based in Rio de Janeiro, Brazil, will support Aegean's goal of growing its global footprint with minimal start-up costs and position the company well for continued expansion in the region."

E. Nikolas Tavlarios, President of Aegean, remarked: "We are pleased to announce our expansion into South America and the opportunity to continue to grow and diversify our business. Our expansion into the South American market is an important milestone for the company and underscores our focus on expanding our capabilities and global footprint to drive profitable growth and create value for shareholders."

Launch   Brazil  Rio de Janeiro (BR) 
Uni-Fuels Logo. Uni-Fuels advertises for senior bunker trader in Dubai  

Nasdaq-listed firm recruiting for its trading team as it aims to drive growth.
Mineral Europa vessel. Green ammonia bunkered to ammonia-powered bulk carrier in Australian first  

Pilbara Ports, Fortescue and CMB.Tech complete a ship-to-ship ammonia transfer at Port Hedland, supporting plans for a clean fuel bunkering hub in the region.
Sea Change II vessel render. US Coast Guard agrees design framework for hydrogen-fuelled New York ferry  

Switch Maritime and Incat Crowther reach regulatory agreement for a 150-passenger hydrogen fuel cell-electric fast ferry intended for New York's waterways.
Auto Advance vessel. UECC fits WE Tech hybrid power systems on newbuild ro-ro vessels  

Norwegian short-sea operator says battery and shaft generator technology from WE Tech Solutions has cut fuel use and auxiliary engine reliance on three newbuilds.
Terra Clove vessel. Envision's green ammonia used to bunker world's first VLAC  

Chinese energy group supplies vessel owned by Eastern Pacific Shipping as it links production and marine fuel supply chains.
Asia Energy vessel. Wärtsilä converts LNG carrier engines to cut methane slip for Chevron  

Three Chevron-operated LNG carriers have each had one engine converted from dual-fuel to spark gas operation to reduce methane emissions.
Tokyo skyline. Cosulich Marine Energy opens Tokyo office to deepen Japanese market ties  

Fratelli Cosulich's bunker trading arm expands into Japan, building on its 2025 South Korea entry.
TotalEnergies sign outside an office building. TotalEnergies secures five-year LNG supply deal with ADNOC Gas  

Agreement will see ADNOC Gas deliver up to 1.6 million tonnes of LNG to TotalEnergies, with first deliveries expected this year.
Shell flag. Shell seeks senior fuel oil trader to expand Singapore paper trading desk  

Shell is hiring a senior fuel oil trader in Singapore to build proprietary HSFO strategies and expand bunker market relationships.
Frisian Sea vessel. Econowind seeks area sales manager to expand wind-propulsion reach  

Dutch wind-assisted propulsion specialist is recruiting an area sales manager to grow its market presence across a designated geographic region.




   Fuels & Propulsion

Ammonia B100 B24 B30 Bio-LNG / LBM / LBG Biofuel Biogas Biomethanol CBM Dual-fuel E-fuel E-methane / e-NG E-methanol Electric Ethanol FAME Green hydrogen Green/e-ammonia HVO Hydrogen LNG LPG Lubes Methanol MGO Nuclear UCOME ULSFO VLSFO Wind



 Recommended