Independent journal on economy and transport policy
21:59 GMT+2
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Marine Petroleum Network Aegean widens own distribution network of marine fuel to West Coast the USA
Acquired assets of the OW Bunker
December 10, 2014
the Greek group Marine Petroleum Network Inc Aegean. , that it is specialized in the supply of fuel and lubricants to the ships realized through a numerous distribution network in main world-wide ports, has extended own range to West American Coast having bought 28,567 tons of marine fuels and renting volumes of storage near the Vopak Terminal Los Angeles City of the port of Los Angeles City. The transactions have happened for a fee total of 11 million dollars approximately within an auction for the cession of assets of the OW Bunker, the Danish society that recently has declared failure.
"This operation - the president of Marine Petroleum Network Aegean has asserted, Nikolas Tavlarios - is online with the strategy of Aegean to pick the opportunities of income in new markets to the aim to satisfy increasing a question and disregarded, increasing the value for the shareholders". "To have a presence near the Vopak Terminal of Los Angeles City - it has added - the access of Aegean to the markets of the marine fuel of the western coast of the USA will widen remarkablly and so doing so as which total marine fuel supplier completes the role of Aegean".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
the Greek group Marine Petroleum Network Inc Aegean. , that it is specialized in the supply of fuel and lubricants to the ships realized through a numerous distribution network in main world-wide ports, has extended own range to West American Coast having bought 28,567 tons of marine fuels and renting volumes of storage near the Vopak Terminal Los Angeles City of the port of Los Angeles City. The transactions have happened for a fee total of 11 million dollars approximately within an auction for the cession of assets of the OW Bunker, the Danish society that recently has declared failure.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
