Aegean Marine Petroleum Network Inc. yesterday announced that it has commenced operations in Tangiers, Morocco.
Aegean Marine Petroleum Network Inc. yesterday announced that it has commenced operations in Tangiers, Morocco. E. Nikolas Tavlarios, President, commented, "We are pleased to launch operations in Tangiers, Morocco as planned. The new port of Tangiers is an important gateway that serves the vast Mediterranean and North African regions and is well positioned for strong growth. Including Tangiers, Aegean has a presence in 14 strategic markets worldwide, representing an increase of 180% since going public in December 2006. By once again expanding Aegean's global scale, we intend to further strengthen our leading position as an independent supplier of marine fuel on a worldwide basis and increase future sales volumes."
Aegean Marine Petroleum Network Inc. is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea. The Company procures product from various sources (such as refineries, oil producers, and traders) and resells it to a diverse group of customers across all major commercial shipping sectors and leading cruise lines. Currently, Aegean has a global presence in 14 markets, including Vancouver, Montreal, Mexico, Jamaica, Trinidad and Tobago, West Africa, Gibraltar, U.K., Northern Europe, Piraeus, Patras, the United Arab Emirates, Singapore as well as Tangiers, Morocco.