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Last $7.09 USD
Change Today -0.14 / -1.94%
Volume 137.8K
ANW On Other Exchanges
New York
As of 8:04 PM 02/5/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

10, Akti Kondili


Athens, 185 45


Phone: 30 210 45 86 200


Aegean Marine Petroleum Network Inc. operates as an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to vessels in port, at sea, and on rivers. As a physical supplier, the company procures marine fuel from refineries, major oil producers, and other sources; and resells and delivers these fuels from its bunkering vessels to a base of end users. With service centers in Northern Europe and the Antwerp-Rotterdam-Amsterdam region, or the ARA region, the United Arab Emirates, the U.S. East and West Coasts, Singapore, Gibraltar, the Canary Islands, Greece, Spain, Morocco, Canada, Jamaica, Trinidad and Tobago, the United Kingdom, Panama, Germany and Russia, the company is an independent physical supplier that own and operate a fleet of bunkering vessels and conducts physical supply operations in multiple jurisdictions. As of December 31, 2014, the company owned and operated a fleet of 49 bunkering vessels, 48 of which are constructed with double hulls, and chartered-in 13 bunkering vessels, 11 of which are constructed with double hulls, with an aggregate carrying capacity of approximately 324,000 dwt (deadweight ton). The company also operates 14 land-based storage facilities, of which the company owns 1 and has exclusive use of 2, with an aggregate storage capacity of approximately 1,211,000 cubic meters and 1 vessel as a floating storage facility with a cargo carrying capacity of approximately 19,900 dwt. The company provides fueling services to all types of ocean-going and other types of coastal vessels, such as oil tankers, container ships, drybulk carriers, cruise ships, reefers, LNG/LPG carriers, car carriers and ferries. The company’s customers include a group of ocean-going and coastal ship operators and marine fuel traders, brokers and other end-users of marine fuel and lubricants. Service Centers Greece The company services its customers in Greece through its related company, Aegean Oil S.A., in Piraeus, Patras, and other parts of Greece. The company operates nine double hull tankers, one single hull special purpose vessel, the Aegean Orion, a 550 dwt tanker, and one floating storage facility, the Mediterranean, a double hull barge, in Greece. The company purchases its fuel mainly from Hellenic Refinery (ELPE) and Motor Oil Hellas. The company stores fuel in its floating storage facility, the Mediterranean. Gibraltar The company possesses a license issued by the Bunkering Superintendent of the Port of Gibraltar to act as a physical supplier of marine petroleum products in Gibraltar. The company operates five double hull bunkering tankers in Gibraltar. The company purchases its fuel in Gibraltar from different suppliers, including Repsol S.A.; BP Oil International Ltd.; Tupras Co.; Gunvor S.A.; Galp Energia SGPS S.A.; and Lia Oil S.A. The United Arab Emirates The company possesses a license issued by Sharjah Economic Development Department to act as a physical supplier of marine petroleum products in the port area of Fujairah. The company purchases its fuel in Fujairah from different suppliers including Vitol, Shell, BP Oil International Ltd, Socar, Mercuria, Petrochina and Bapco. The company operates seven double hull bunkering tankers in this region, which the company services using its Fujairah Storage Facility.. Jamaica The company is authorized by the Port Authority of Jamaica to act as a physical supplier of marine petroleum products in Jamaica. The company services its customers in the ports of Kingston, Montego Bay and Ocho Rios, Jamaica, and elects to service its customers in other locations in Jamaica. The company operates one double hull tanker in Jamaica. The company has entered into a long-term supply contract to purchase fuel from the state refinery, Petrojam Limited. The company competes against another physical supplier, Petrotec Marine Petroleum Ltd. Singapore The company possesses a license issued by the Maritime and Port Authority of Singapore to act as a physical supplier of marine petroleum products in the port of Singapore. The company operates four double hull bunkering tankers in Sin


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