Aegean Marine selected
for Tangiers bunkering

Jan 8, 2009 11:45 AM

Horizon Tangiers (Morocco) Terminal SA has selected Aegean Marine Petroleum as its sole bunkering company for the terminal in the port of Tangiers, according to Horizon information.

Horizon's appointment of Aegean is a part of Horizon's effort to expand the terminal that is located on the Strait of Gibraltar connecting the Atlantic Ocean and the Mediterranean Sea.

Aegean will provide retail bunkering services to ships in port and at sea on an exclusive basis for a period of 25 to 35 years, and will have the right to expand its operation as the sole bunker tenant beyond the port perimeter.

The port currently serves approximately 7,000 vessels on an annual basis and is expected to increase to more than 10,000 vessels annually upon completion of the terminal's planned expansion in 2010, Horizon said.

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