Tweet

Jun 4, 2009 12:13 PM

Aegean Marine Petroleum Network Inc announced that, through a company affiliate, it has taken delivery of the ITB Provider, a 2001-built, 2,315-metric-tonne double-hull barge to be renamed PT 22, from an unrelated third party. The barge, which was previously chartered to a Canadian-based subsidiary of Exxon Mobil, is expected to be deployed to Aegean’s Vancouver, British Columbia market.

E Nikolas Tavlarios, Aegean’s president, said, “Management’s strategic acquisition of a double-hull barge further increases Aegean’s delivery capacity and expands the Company’s ability to drive future sales volumes in Vancouver, one of the largest ports in North America based on total cargo volume. The barge is fully compliant with IMO regulations and complements our two barges that currently serve this important commercial hub.”

Aegean is an international marine fuel logistics company that markets and supplies refined marine fuel and lubricants to ships in port and at sea. The company procures product from sources such as refineries, oil producers, and traders and resells it across all major commercial shipping sectors and cruise lines. Currently, Aegean has a global presence in 14 markets, including Vancouver, Montreal, Mexico, Jamaica, West Africa, Gibraltar, United Kingdom, Northern Europe, Piraeus, Patras, the United Arab Emirates, Trinidad and Tobago, as well as Singapore, and plans to commence operations in Tangiers, Morocco.