Aegean increases US bunkering reach

摘要

Bunker supplier Aegean Marine Petroleum Network has entered into a $30M agreement to acquire the U.S. East Coast bunkering business of Hess Corporation. The transaction, which will see Hess pay a further unspecified amount for inventory, will allow Aegean to capitalise on Hess' established customer base in the East Coast ports of New York, Baltimore, Philadelphia Norfolk and Charleston. According to news reports, Hess' bunkering operations averaged 1.8M metric tons in annual sales during the last three years.