Search results for: Aegean Navigator

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  • 30 January 2017
    Business & Finance

    Greek shipping company Arcadia Shipmanagement has decided to sell Aegean Navigator, a Suezmax tanker, to Shipping Corporation of India (SCI), according to data provided by VesselsValue.  The 158,700 dwt vessel was sold for USD 31 million on January 27, 2017. Market value of the crude oil carrier currently stands at USD 28.25 million, VesselsValue’s data shows. […]

  • 17 May 2012
    Business & Finance

      Black Sea Fleet (BSF) hydrographic ship Donuzlav on May 15 returned to Sevastopol from a long-range cruise. Through a one-month long cruise, the ship has covered 4,000 nautical miles and passed the Black Sea, the Sea of Marmara, the Aegean Sea, the Ionian Sea, the Tyrrhenian Sea, the Ligurian Sea, and the Mediterranean Sea. […]

  • 20 February 2013
    Business & Finance

    Having initiated ECDIS program by fitting Transas dual ECDIS on the entire fleet back in early 2006 when ECDIS regulation was only a long-term plan, Arcadia Shipmanagement has teamed up again with Transas Hellas in order to conclude the program and shift its fleet to paperless navigation. All dual ECDIS installed on the vessels will […]

  • 6 February 2015
    Business & Finance

    The 930-passenger cruise ship Viking Star, the latest addition to the fleet of the California-headquartered cruise operator Viking Ocean Cruises, passed her sea trials in the Aegean Sea mid-December.  During nearly a week of diagnostics, maritime experts executed more than 80 different tests designed to evaluate everything from Viking Star’s engine and propulsion performance to her navigation […]

  • 14 December 2015
    Exploration & Production

    An unidentified Turkish-flagged ship reportedly blocked the sailing route of a drilling rig of the Crimean oil and gas company, Chernomorneftegaz, thereby creating an emergency situation. According to the company’s press statement from December 14, two jack-up rigs, B-312 and B-319, were being returned from the Odessa gas field, located in the north-west Shelf of […]

  • 19 December 2019
    Business & Finance

    Maersk being investigated by Brasilian authorities over suspected involvement in the Petrobras bribery scandal.

  • 20 February 2014
    Business & Finance

    The United Kingdom Hydrographic Office (UKHO) is launching two new Mariners’ Routeing Guides covering the Turkish Straits, providing Routeing information for the area between the Aegean Sea, the Sea of Marmara and the Black Sea. The two new guides were published on 13 February 2014 and are the latest additions to the UKHO’s growing portfolio […]

  • 28 March 2018
    Business & Finance

    Aegean’s share purchase agreement with the shareholders of H.E.C. Europe Limited has been terminated.

  • 12 April 2012

    Aegean Marine Petroleum Network Inc has taken delivery of the Symi, a 6,270 dwt newbuild double-hull bunkering tanker from Qingdao Hyundai Shipyard in China. The Symi, which is expected to be deployed to the Company’s market in West Africa, represents the final vessel under Aegean’s plan to take delivery of 31 double-hull bunkering tanker newbuildings. E. […]

  • 21 February 2018
    Business & Finance

    Marine fuel logistics company Aegean Marine Petroleum Network has decided to acquire H.E.C. Europe Limited.

  • 18 December 2013
    Business & Finance

    Aegean Marine Petroleum Network Inc. yesterday announced that it was honored with the award for achievement in safety and environmental protection by Lloyd’s List at its Tenth Annual Greek Shipping Awards, held on November 29, 2013 at the Athenaeum Intercontinental in Athens, Greece. This award recognizes Aegean’s accomplishments and initiatives in protecting both its dedicated […]

  • 5 July 2018
    Business & Finance

    Aegean Marine signed an MOU with Mercuria Energy Group for a new USD 1 billion trade finance facility.

  • 8 November 2017
    Business & Finance

    Marine fuel company Aegean Marine Petroleum Network Inc. expects to report a net loss for the third quarter of 2017 ranging between USD 3.4-4.4 million as a result of volatile market conditions dominating the first half of the year. The loss is being announced despite Agean’s efforts to cut costs as sales margins feel the […]

  • 5 November 2018
    Business & Finance

    Over a dozen of Aegean Marine employees were involved in a fraud scheme worth around USD 500 million.

  • 28 November 2017
    Business & Finance

    Marine fuel logistics company Aegean Marine Petroleum Network is winding up six of its inactive shipping companies in Singapore. S&P Global Platts cited Aegean Marine’s president Jonathan McIlroy as saying that the liquidation of the shipping entities was “procedural”, adding that the process had been going on for a long time. The Singapore-registered shipping firms, including Paros […]

  • 24 March 2016
    Business & Finance

    Greece-headquartered fuel supplier Aegean Marine Petroleum Network is launching a bunker operation in South Africa’s Algoa Bay after securing the permission from the South African Maritime Safety Authority.  Aegean says to be the first company able to offer fuels outside port limits in the country. The company is to deliver bunkers and perform ship-to-ship transfers in […]

  • 16 January 2019
    Business & Finance

    Aegean Marine Petroleum Network is poised to emerge from Chapter 11.

  • 23 June 2015
    Vessels

    Hyproc SC’s 129 700 cbm LNG carrier Bachir Chihani was reported adrift outside of Lesvos island, in the Easter Aegean Sea region.

  • 23 June 2015
    Vessels

    Hyproc SC’s 129 700 cbm LNG carrier Bachir Chihani was reported adrift outside of Lesvos island, in the Easter Aegean Sea region.

  • 7 February 2014
    Business & Finance

    Two vessels from Navios Maritime Acquisition’s fleet, the MT Nave Quasar (VLCC/2010/297,377 dwt) & the MT Nave Buena Suerte (VLCC/2011/297,491 dwt), have joined Navig8’s growing VL8 Pool (VLCC fleet) within the 1st Quarter of 2014. Navios Maritime Holdings Inc. will allocate one vessel to VL8 for pool participation, while the second vessel will be time-chartered […]

  • 18 February 2008

    A Greek navy frigate towed a Russian military ship to safety after the vessel sent out a distress signal in the Aegean sea on Monday, Greece’s Merchant Marine Ministry said. ‘The towing process has started with the Greek navy frigate, and the ship will be towed to the port of Agios Kirikos on the island […]

  • 21 January 2015
    Business & Finance

    Athens-based marine fuel logistics company Aegean Marine Petroleum Network has hired five former employees of the bankrupt Danish ship fuel supplier OW Bunker to run the company’s newly launched operations in Russia. Aegean’s operations in this region will include a marketing and business development office located in St. Petersburg, dedicated to sales and marketing of marine petroleum products […]