This is a legacy page. Please click here to view the latest version.
Tue 21 Apr 2009, 20:58 GMT

Aegean acquires double-hull bunkering tanker


Vessel is expected to be deployed to West Africa by the end of Q2 2009.



Aegean Marine Petroleum Network Inc. has today announced it has taken delivery of the Linnea, a 1980-built 11,520 dwt double-hull bunkering tanker to be renamed the Aegean Star, following the company's agreement to purchase the vessel from a third party.

The Aegean Star is expected to be deployed to the West African market by the end of the second quarter of 2009.

Commenting on the news, E. Nikolas Tavlarios, President, said "With the strategic acquisition of the Aegean Star, Aegean has further strengthened its logistics infrastructure in West Africa. The vessel's significant delivery capacity provides the ability to extend Aegean's reach to more markets located on the Gulf of Guinea and increase sales volumes in this growing region.

"Consistent with our focus on expanding future sales volumes, we plan to commence operations in Tangiers, Morocco and Trinidad and Tobago during the current second quarter and expect to take delivery of 19 remaining double-hull bunkering tanker newbuildings by the end of 2010," Tavlarios added.

Aegean Marine Petroleum began making deliveries of marine fuel in West Africa at the beginning of 2008 when the company stationed its own floating storage tanker M/T Fos off the coast of Ghana. The vessel, which has a total storage capacity of 67,000 metric tonnes, is anchored off Tema.

Aegean also has three bunker vessels, M/T Aegean Tulip, M/T Aegean VII and Medoil III which are able to make delveries in various locations including Ivory Coast, Togo, Benin, Nigeria, Cameroon, Equatorial Guinea and Gabon.


Wärtsilä logo. Shipping firms struggle to prioritise decarbonisation investments amid regulatory uncertainty, Wärtsilä survey finds  

Survey of 225 maritime executives reveals 70% say uncertainty hinders investment decisions despite regulatory pressure.

IMT Isca G-Flex vessel render. Longitude Engineering unveils IMT Isca G-Flex PSV design with alternative fuel capability  

Naval architecture firm launches adaptable platform support vessel design based on the IMT-984 G-Class hull.

Philippos Ioulianou, EmissionLink. Shore power infrastructure is key to cutting ferry emissions in European cities, says EmissionLink  

Port electrification is needed to enable vessels to switch off engines at berth, reducing urban pollution.

Maritime and Port Authority of Singapore logo. Singapore prioritises maritime resilience amid geopolitical uncertainty, eyes digitalisation and green fuels  

MPA chief outlines the sector’s adaptation to supply chain disruptions while advancing automation and alternative fuels.

Aerial photograph of Zhoushan Island. China exports first domestically blended biofuel for marine use from Zhoushan  

A vessel carries 2,600 tonnes of biofuel blend to Qingdao Port for international ship refuelling.

Green ammonia energy workshop graphic. H2SITE to present ammonia-cracking technology at Green Ammonia Energy Workshop  

Spanish company to showcase APOLO project's role in producing hydrogen for maritime decarbonisation.

Brave Quest vessel. Tsuneishi-Cebu delivers methanol dual-fuel Kamsarmax bulker  

Philippine shipyard hands over 81,100-tonne deadweight vessel capable of running on methanol fuel.

EIB and Port of Rotterdam signing. Port of Rotterdam secures EUR90m EIB loan for shore power installations  

Financing will support shore power infrastructure at three container terminals, with an EU grant also approved.

IBIA logo. IBIA updates biofuels training module for 2026  

Updated online course covers latest regulatory developments and market trends in liquid and gaseous biofuels.

Brim Explorer’s fully electric passenger vessel concept render Bureau Veritas to class all-electric trimarans for Brim Explorer  

Two zero-emission passenger vessels will operate in Norwegian fjords after extensive Arctic testing.


↑  Back to Top