Aegean takes delivery
of tanker newbuild
Jul 28, 2010 12:16 PM
Aegean Marine Petroleum Network Inc has taken delivery of the Karpathos, a 6,270-dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the company’s market in Greece.
E Nikolas Tavlarios, Aegean president, said, “Despite the challenging economic environment, we continue to execute our well-capitalized growth strategy as we have consistently done since going public in December 2006. Based on management’s ongoing success in expanding the company’s double-hull bunkering fleet, combined with the recent acquisitions of Verbeke Bunkering NV and the Shell Las Palmas terminal, we expect to significantly increase our market share for the global supply of marine fuel and drive future performance.”
With the delivery of the Karpathos, the company plans to redeploy the Aegean X, a 1982-built 6,400-dwt double-hull bunkering tanker, to its market in West Africa.
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