Aegean takes delivery of 10th bunker tanker

Thu 3 Dec 2009, 07:26 GMT

Aegean takes delivery of 10th bunker tanker

Vessel represents the tenth double-hull newbuild delivered in 2009.

Leading bunker supplier Aegean Marine Petroleum Network Inc. has announced that it has taken delivery of the Paxoi, a 5,500 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China.

The vessel is expected to be deployed to the Company's market located in the U.K.

Commenting on the news, E. Nikolas Tavlarios, President, said, "With the delivery of the Paxoi, Aegean continues to execute its well-capitalized growth strategy and strengthen its leading competitive position. This vessel represents the 10th double-hull bunkering vessel delivered in 2009 and the 20th since Aegean's IPO in December 2006.

"By significantly expanding our high-quality logistics infrastructure, we have further enhanced our ability to take advantage of the regulatory phase-out of single-hull tankers and increase our global market share for the physical supply of marine fuel."

Bunkering vessel Newbuild Vessel delivery Greece United Kingdom


		DP World names first methanol dual-fuel vessel at ceremony in Aarhus Marine services business, Shipping Solutions, names 1,250-TEU boxship with five-cylinder main engine.

		LD Armateurs launches first of two SOVs for Vattenfall at Chinese shipyard Wind of Ocean features hybrid-electric propulsion and a double-ended hull design.

		Singapore and Brazil sign MoU to establish green and digital shipping corridor Two countries will collaborate on maritime decarbonisation, digitalisation and alternative marine fuel supply chains.

		WinGD modelling shows retrofit pathways to net zero can pay off, but policy support remains key Fuel economics and regulation — not engine technology — are the main barriers to cost-effective decarbonisation retrofits, says report.

		Arte Bunkering seeks Mandarin-speaking senior bunker trader to establish presence in China European trading firm is expanding into China with its first on-the-ground hire.

		Monjasa recruiting trader for New York team Experience in marine fuel or shipping an advantage but not a requirement.

		SSA launches training course to prepare maritime companies for Singapore’s mandatory digital bunkering Course designed to help companies evaluate the impact of digitalisation on their existing workflows and business processes.

		Monjasa opens two trader roles at Cyprus base, one for Italian speaker Experience in shipping or sales described as a requirement.

		GRSE wins West Bengal orders for two hybrid diesel-electric ferries Indian state-owned shipbuilder expands green inland waterway portfolio with latest contracts.

		New Sea Generation seeks experienced bunker traders in Greece Bunker trading firm is offering equity and a path to partnership.