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Fri 20 Nov 2009, 13:40 GMT

Aegean awarded oil spill recovery contract


Aegean vessel to serve on standby in the English Channel and its Atlantic approaches.

Aegean Marine Petroleum Network Inc. has today announced that its Belgian subsidiary, Aegean Bunkers at Sea N.V., has been awarded a contract by the European Maritime Safety Agency (EMSA) to increase the available oil pollution response capacity in the English Channel and its Atlantic approaches.

Under the terms of the agreement, the Sara, a 1990-built and 2003-upgraded 7,233 dwt double-hull bunkering tanker, will serve on standby through 2013 in the event the vessel is required to provide oil spill recovery services.

Aegean acquired the Sara in October 2007 in connection with its acquisition of Bunkers at Sea, a Belgium-based marketer and physical supplier of marine fuel. The vessel will continue to provide bunkering services in the area during the stand-by period.

Commenting on the news, E. Nikolas Tavlarios, said, "Aegean is proud to team with EMSA to ensure a rapid response in the event of an oil spill. This prestigious contract is directly related to our steadfast commitment to safety and environmental protection.

"With a large and modern double-hull bunkering fleet combined with a successful track record, Aegean has established a leading reputation for operational excellence. We believe our mutually beneficial relationship with EMSA provides important benefits for Aegean, its customers and the environment."

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