Sign up
Log in Sign up
Tue 18 May 2010, 00:41 GMT

Aegean announces offering of common stock


Shareholder offers 4 million shares of common stock in an underwritten public offering.

International marine fuel and lubricants supplier Aegean Marine Petroleum Network Inc. has annoucned that its shareholder, Leveret International Inc. is offering 4,000,000 shares of the common stock of the company in an underwritten public offering.

The offering is being made under an effective shelf registration statement on file with the Securities and Exchange Commission. Jefferies & Company, Inc. is serving as sole book-running manager for the offering.

Concurrently with the offering, Leveret is selling 400,000 shares of common stock of the company to the company's Chairman of the Board, Peter C. Georgiopoulos, in a private transaction.

Aegean said the company will not receive any proceeds from the offering or sale by Leveret.

In addition, the company is buying 1,000,000 shares of its common stock from Leveret.

On May 14, 2010, the closing price of the company's common shares on the New York Stock Exchange was $27.27 per share.

GENA Clean ammonia project pipeline chart, February 2026. Clean ammonia project pipeline reaches 145 MMT by 2034, but delivery concerns mount  

GENA Solutions reports 325 tracked projects, though over 70 have been frozen in 20 months.
Peninsula logo. Peninsula highlights supply chain strength amid Strait of Hormuz closure  

Marine fuel seller emphasises reliability as geopolitical disruption reshapes global bunker markets.
European Union member state flags. World Shipping Council backs EU maritime strategies but calls for faster trade simplification  

Industry body supports port security and decarbonisation measures while urging action on customs barriers.
Luke McEwen, Technical Director at Anemoi Marine Technologies. Anemoi and Lloyd’s Register call for unified approach to wind propulsion performance verification  

Anemoi Marine Technologies and Lloyd’s Register publish paper advocating alignment of verification methodologies.
Smyril Line's methanol-ready ro-ro following launch at its Longkou construction base in China in February 2026. Smyril Line's methanol-ready ro-ro launched in China  

First of two 3,300 lane-metre vessels floated out for Faroese operator.
Screenshot from ICS webinar exploring a regulatory framework for nuclear-powered merchant ships. ICS webinar explores regulatory framework for nuclear-powered merchant ships  

Industry experts discuss the timeline and challenges for adopting nuclear propulsion in the commercial shipping sector.
Hiring concept with puzzle pieces and a magnifying glass. Oilmar DMCC seeks senior bunker trader for Dubai office  

Dubai-based energy trader recruiting for Middle East, Indian subcontinent and Africa trade flows.
Typewriter job application. Oilmar DMCC seeks bunker traders for Singapore office  

Dubai-based trader recruiting mid-level and senior professionals to expand Asia-Pacific marine fuels operations.
Section of the front cover of ClassNK's updated guidance on the EU ETS for shipping. ClassNK updates EU shipping emissions guidance for LNG-fuelled vessels  

Japanese classification society releases revised FAQs addressing methane slip measurement procedures.
CMA CGM Monte Cristo vessel. Bureau Veritas delivers first 15,000-teu methanol dual-fuel container ship for CMA CGM  

Classification society completes delivery of CMA CGM Monte Cristo built by DSIC Tianjin.




 Recommended