Sign up
Log in Sign up
This is a legacy page. Please click here to view the latest version.
Tue 21 Apr 2009 20:58

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.

Aicha Azad, Flex Commodities. Flex Commodities hires Aicha Azad as trader in Dubai  

Bunker firm appoints multilingual trader with bunker trading and cargo operations experience.
Desk calendar with the word “TAX”. 'Excess' fossil fuel profits should be taxed and given back to citizens, says T&E  

Campaign group calls for sustained taxes on excess profits or end to subsidies that keep demand high.
NYK Line’s Padma Leader vessel. Imabari Shipbuilding delivers LNG-fuelled car carrier to NYK Line  

Padma Leader expected to achieve up to 30% CO2 reduction through dual-fuel propulsion and exhaust gas recirculation.
Tallink’s MyStar vessel. Tallink targets full bio-LNG transition for Baltic shuttle vessels within a year  

Estonian ferry operator aims to replace all fossil LNG with renewable fuel on the Helsinki-Tallinn route.
Grimaldi's Grande Melbourne vessel. Grimaldi takes delivery of third ammonia-ready car carrier from Chinese shipyard  

Grande Melbourne is the third of seven vessels ordered from Shanghai Waigaoqiao Shipbuilding for Asia-Europe service.
BPCL and Cochin Port sign MoU. BPCL and Cochin Port sign MoU for LNG bunkering facilities  

Indian oil company and port authority agree to develop LNG refuelling infrastructure for vessels.
ClassNK Guidelines front cover. ClassNK publishes world-first guidelines for membrane-based onboard CO2 capture systems  

Classification society expands guidelines to cover membrane separation method for capturing ship exhaust emissions.
April Tan, Flex Commodities. Flex Commodities hires April Tan as lead trader for China  

Dubai-based marine fuels trader appoints experienced professional to Singapore office to drive regional expansion.
Contract signing ceremony. Yang Ming finalizes contracts for six methanol dual-fuel-ready boxships  

Taiwanese carrier signs deals with Japanese shipbuilders for vessels scheduled for delivery from 2028.
China’s Da Qing 268 vessel. China's first newbuild dual-fuel methanol bunkering vessel launched in Zhoushan  

Da Qing 268 can supply methanol and conventional fuels to ships at anchorage.

↑  Back to Top


 Recommended