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Latest PIRAEUS Stories

2010-01-21 16:06:00

PIRAEUS, Greece, Jan. 21 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (the "Company") (NYSE: ANW), an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea, today announced that it priced its public offering of 3,906,000 common shares at a price of $32.75 per share. The Company expects to close the sale of the common shares on January 27, 2010, subject to customary closing...

2010-01-19 16:44:00

PIRAEUS, Greece, Jan. 19 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) (the "Company"), an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea, today announced that it intends to offer, subject to market and other conditions, 3,906,000 shares of its common stock in an underwritten public offering under an effective shelf registration statement on file with the Securities...

2010-01-04 15:30:00

PIRAEUS, Greece, Jan. 4 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced it has entered into an agreement to acquire Verbeke Bunkering N.V., a leading physical supplier of marine fuel in the Antwerp-Rotterdam-Amsterdam (ARA) region, the world's second largest bunkering market. The acquisition, which is subject to the completion of detailed documentation, is scheduled to close by the end of the first quarter of 2010. Verbeke Bunkering is majority...

2009-12-14 07:30:00

PIRAEUS, Greece, Dec. 14 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced it has signed a new $100 million secured credit facility and letter of credit with BNP Paribas. The facility is a one year uncommitted trade finance facility that the Company considers to have competitive pricing. E. Nikolas Tavlarios, President, commented, "Our new $100 million credit facility significantly increases Aegean's access to capital during a challenging credit...

2009-11-20 07:30:00

PIRAEUS, Greece, Nov. 20 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced its Belgian subsidiary, Aegean Bunkers at Sea N.V., has been awarded a contract by the European Maritime Safety Agency (EMSA) to increase the available oil pollution response capacity in the English Channel and its Atlantic approaches. Under the terms of the agreement, the Sara, a 1990-built and 2003-upgraded 7,233 dwt double-hull bunkering tanker, will serve on stand-by...

2009-11-12 15:16:00

PIRAEUS, Greece, Nov. 12 /PRNewswire/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that the Company's President, E. Nikolas Tavlarios, is scheduled to present at the 2009 Stephens Fall Investment Conference in New York on Wednesday, November 18, 2009 at 1:00 p.m. ET. The presentation will be broadcast live over the Internet and can be accessed at http://www.wsw.com/webcast/stph13/anw/. In addition, the accompanying slide presentation and webcast will be available in...

2009-11-11 15:20:00

PIRAEUS, Greece, Nov. 11 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced financial and operating results for the third quarter ended September 30, 2009. Third Quarter and Year-to-Date Highlights Increased sales volumes by 22.1% to 1,635,473 metric tons in Q3 2009, compared to 1,338,914 metric tons for Q3 2008. Expanded net revenues to $52.2 million. Recorded operating income of $17.2 million. Reported net income of $14.1 million, or $0.33 basic...

2009-10-29 15:16:00

PIRAEUS, Greece, Oct. 29 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that it plans to hold a conference call to discuss the Company's results for the third quarter of 2009 on Thursday, November 12, 2009 at 8:30 a.m. Eastern Time. The Company plans to issue financial results for the three months ended September 30, 2009 on Wednesday, November 11, 2009 after the close of market trading. What: Third Quarter 2009 Conference Call and...

2009-09-30 15:16:00

PIRAEUS, Greece, Sept. 30 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that the Company's President, E. Nikolas Tavlarios, is scheduled to present at the 2009 Johnson Rice Energy Conference in New Orleans, LA on Wednesday, October 7, 2009 at 3:00 p.m. ET (2:00 p.m. CT). The presentation will be broadcast live over the Internet and can be accessed at http://www.wsw.com/webcast/jr10/anw/. In addition, the accompanying slide presentation and...

2009-09-24 15:16:00

PIRAEUS, Greece, Sept. 24 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced it has signed a new $50 million senior secured revolving credit facility, guarantee, and letter of credit with National Bank of Greece, the largest commercial bank in Greece. Aegean now has access to a total of $340 million in senior secured revolving credit facilities. The new $50 million facility has a term of one year and can be renewed on each anniversary upon the...