| |
This acquisition is in fact the largest in the Company’s history and will strengthen Aegean’s global brand recognition.
Verbeke Bunkering is a majority owned by the fourth generation of the Verbeke family, and has an operating history of more than 100 years, initially in shipping and subsequently in bunkering. As a physical supplier, Verbeke Bunkering covers the entire ARA region, including key ports surrounding Antwerp, Rotterdam and Amsterdam such as Ghent, Zeebruge,
|
|
Flushing, Terneuzen, and Sluiskil.
The company, focusing on the purchase of quality marine fuels from refineries and major oil producers, provides bunkering services in port to a diverse group of ship operators as well as marine fuel traders, brokers and other users. In 2009 the company sold 3,500,000 metric tones. With the completion of the acquisition, Aegean is expected to supply more than 1,000,000 metric tones of marine fuels per month on a global basis.
Verbeke Bunkering operates a total
|
|
of 18 bunkering vessels, of which nine are owned and nine are chartered-in. In connection with the acquisition, Aegean purchased the nine owned bunkering vessels, including a newbuilding which commenced operations on April 6, 2010 and assumed the contracts for the nine vessels chartered-in by Verbeke.
Verbeke Bunkering will operate as a wholly owned subsidiary of Aegean Marine Petroleum, in its privately owned offices in the city of Sint-Job-In-‘t-Goor near Antwerp. General
|
|
From the signing of the acquisition agreement. From left: Andreas Athanasiadis, Tony Vertommen, Marnix Verbeke, Marc van Huffelen, Spyros Fokas, Christel van den Eynden, Dirk Vandeenbroeck, Christian Boehme, Leif Maris 
