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Wed 21 Mar 2012, 06:09 GMT

Verbeke to become Aegean North-West Europe


New corporate identity for Verbeke Bunkering from the beginning of next month.

Aegean Marine Petroleum Network Inc. has announced that its subsidiary, Verbeke Bunkering N.V., will operate under a new company name, Aegean North-West Europe (Aegean NWE), effective April 1, 2012.

Aegean said the new corporate identity is designed to reflect the company's position as a leading physical supplier of marine fuel in the North-West European region under the Aegean Marine brand.

In addition, Aegean NWE will assume all marketing and operating functions of Aegean Marine's Bunkers at Sea N.V. subsidiary, which provides in-port and offshore bunkering services in numerous locations in the English Channel, North Sea and St. George Channel.

"By taking full advantage of Aegean Marine's global brand recognition and streamlining the marketing and operating functions between the parent Company's two Belgian-based subsidiaries, Aegean NWE will further enhance its ability to realize important operating synergies and strengthen its leadership position in the North-West European Market," Aegean said.

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