Station Travel Flows & Currents & Flows Aegean’s Thirteenth Thirteenth Aegean’s Plus Trinidad Awards Awards Aegean News ΤΟ ΤΡΙΜΗΝΙΑΙΟ ΠΕΡΙΟΔΙΚΟ ΤΗΣ AEGEAN Greek Shipping Shipping Greek ΧΕΙΜΩΝΑΣ 2008-2009 Lloyd’s List Lloyd’s HSH Nordbank AG Nordbank HSH of Shipping Shipping of Head Global Harald Kuznik Harald Interview Interview Aegean Ανέγερση in Fujairah in Πετρελαϊκών Oil Installations Installations Oil Εγκαταστάσεων Construction of of Construction στην Fujairah Aegean Aegean Συνέντευξη Harald Kuznik Παγκόσμιος Επικεφαλής Ναυτιλίας ΗSH Nordbank AG Lloyd’s List winter 2008-2009 winter THE QUARTERLY MAGAZINEΒραβεία OF AEGEAN Ελληνικής Aegean News Aegean Ναυτιλίας Trinidad Ακόμη Ο Δέκατος Τρίτος Τάσεις & Εξελίξεις Ταξίδια Σταθμός της Aegean Aegean editorial Core Activities As the global financial crisis continues to affect markets worldwide, Aegean is maintaining its position of strength amid an environment of uncertainty and instability. Retail à AEGEAN OIL has established a gas sta- By implementing a strategic plan that encompasses tions network throughout Greece, and long-term horizons yet makes room for more immedi- is one of the fastest growing companies in the retail market. AEGEAN’S gasoline ate market fluctuations, Aegean Marine Petroleum has market share in Greece is 9.1%. been able to fulfill its objectives of becoming a leading independent bunker provider worldwide. The Aegean Marine Petroleum policy of developing a double hull bunkering fleet, both through newbuidlings and pur- Shipping chases, is placing the company at the forefront of the global bunkering market. à AEGEAN SHIPPING manages a fleet of The recent moves to expand the Aegean Marine Petroleum bunkering net- tankers, ranging from 3,500DWT to 100,000 DWT, that transfers and delivers work, in North America, in Europe, in the Caribbean, and in Africa, demon- oil to our clients throughout the world. All strate the status, strength, and position of the company, as well as its potential ships meet ISM standards. for growth, even in these challenging times. These are tangible achievements that put Aegean Marine Petroleum among the finest bunkering companies in existence. Likewise, the fact the Aegean is Bunkering among the top 10 bunker providers in the port of Singapore, one of the most à In Piraeus, Gibraltar, Kingston, Ocho Rios, Montego Bay, Antwerp, Portland UK, Te- important in the world, clearly establishes a stature for the company that is ma in Ghana, United Arab Emirates, Sin- beyond doubt. gapore, Montreal and Vancouver, AEGEAN In Greece, Aegean Oil is moving ahead in the retail gasoline market with MARINE PETROLEUM is a leader in provid- remarkable success. The recent introduction of RO-RO vessels to serve the ing the best bunkering services available. In Piraeus, AEGEAN MARINE PETROLEUM Greek islands is producing dramatic results. On the island of Crete, a number is the market leader in bunkering. of new Aegean gas stations served by the vessels is creating a new buzz in this important market that should have profound effects and highly favorable re- sults for the company. Agency Services Although 2009 is expected to be a difficult year globally, Aegean is cautious- à Ships from around the world rely on AEGE- AN AGENCY services at Piraeus, Gibraltar, ly optimistic that it will emerge stronger, more efficient, and more valuable for and Jamaica, from loading and discharg- its customers, shareholders, and employees. ing, to spare parts and supplies. Lubricants AEGEAN OIL produces and markets high RAYMOND MATERA à Publisher performance lubricants for vehicles and industrial use, under the AEGEAN brand and AEGEAN MARINE PETROLEUM trades and supplies lubricants for the marine market under the ALFA brand. WINTER 2008-2009 AEGEAN NEWS contents Aegean reinforces its position A new station in Trinidad is Aegean’s new major Harald Kuznik talks to Aegean News about the 15 in the Persian Gulf with the agreement 18 investment in the Caribbean 26 position of Greek Shipping and of Aegean in the for the construction of oil installations global scene in Fujairah CODE: 5169 4 AEGEAN UPDATE 22 RETAIL Winter 2008-2009 8 FLOWS AND CURRENTS Sailing to Crete Aegean News is published Trends and News in the Oil and Energy Fields quarterly by AEGEAN 23 RETAIL PUBLISHER & MANAGING EDITOR 10 CHRISTMAS PARTY High Fuel Prices Affected Sales Raymond Matera 11 SHIPPING CONTRIBUTING EDITOR 24 STATIONS OF THE MONTH J. Georgana Aegean’s Fleet Renewal Continues DESIGN ❚ Antonios Fleris Snack 12 BUNKERING ❚ Spyros Kondostathis PRINTING AND BINDING ❚ The Port of Fujairah Korifi Publications SA ❚ Aegean’s Strategically Important Investment 26 AEGEAN MARINE PETROLEUM OWNER in Fujairah Aegean Interview with Harald Kuznik 42 Hatzikyriakou Street 185 38, Piraeus, Greece 16 LLOYD’s LIST Tel: +30 210 458 6000 Greek Shipping Awards 26 ENVIRONMENT Fax: +30 210 458 6241 E-Mail: [email protected] Children and the Environment Internet: www.aegeanoil.gr, 17 HELLENIC ENVIRONMENTAL www.ampni.com CENTER 26 TRAVEL Comments and suggestions 16 Years in the Protection of the Marine Metsovo are welcome. Environment Aegean News is free of charge and is available, subject to availability, to 31 AEGEAN IMAGE any interested person or organization. 18 BUNKERING Trinidad—Aegean’s Thirteenth Station Products That Say “We’re Different” Please Recycle WINTER 2008-2009 AEGEAN NEWS AEGE A N U P D A TE New Aegean Personnel The following employees have joined the Aegean work force AEGEAN BUNKERING SERVICES Andreou Vasilios, Bafaloukos Irineos, Bourousi Evagelia, Dimitriadis Ioannis, Exarhos Panayiotis, Kalivas George, Karathanos Dimitrios, Koskina Ekaterini, Manouilidis Ioannis, Lebesis Dimitrios, Lazarou Efstratios, Mougolia Nandia, Papadopoulou Sophia Sofianos Ioannis, Theodoropoulou Panayiota, Veroukis Alexandros AEGEAN SHIPPING Aidonidis Lazaros, Benou Sophia AEGEAN MARINE PETROLEUM Karakasi Anna-Maria, Peramatzis Minas, Raptodimou Christina, Sayia Osanna, Chohlakis Emmanuel, Christoforatos George Fandomas Neofitos, AEGEAN OIL Aivaliotis Vasilios, Gavriilidis Antonios, Karvelas Andreas, Sarris Konstantinos, Stamatoulakis Dimitris Dimitris Melissanidis Elected Member of the Greek Committee of Germanischer Lloyd On October 10, 2008 the meeting of the Greek Committee of Germanisher Logging On Customers and associates of Aegean Lloyd took place in Athens. During the meeting in Athens, Mr. Dimitris Melis- may visit the company’s website, www. sanidis, Aegean Group founder, was elected member of the Committee. The aegeanoil.gr, to learn about the com- Committee convenes once a year and discusses industry related issues. At this pany’s activities. Bunkering customers year’s meeting, with Captain Vasilis Constantakopoulos as Chairman, 30 par- may register online to conduct business ticipating representatives of the Greek Shipping Community discussed and and maintain contact with the bunkering exchanged views on new trends of the market, operational challenges, and new department at www.ampni.com. technologies for fuel saving. AEGEAN NEWS WINTER 2008-2009 New Stations in Aegean’s Retail Network Τhe Aegean network is growing throughout the country. Listed below are the stations Aegean Assists Gibraltar Port Authorities that have started displaying the Aegean Logo during the past three months. On October 10, 2008, Gibraltar was hit by the worst weather conditions ever ΖARKADIA, CHRYSOUPOLIS- KAVALA recorded at the island. As a result, M/V FEDRA, a bulk carrier anchored in the KARANIKOLAS IOANNIS eastern anchorage, ran aground. MAKRI YIALOS-LASITHI Although there was no loss of life or any significant injuries to her crew of 30, GIKAKI KALLIOPI the vessel was a total loss. ARMENI –RETHYMNON It was estimated that the vessel was carrying approximately 200mts of fuel oil DROUDAKIS GEORGE in her bunker tanks, which with the vessel breaking up, started leaking. As a VONNI-KASTELI-HERAKLION result, Gibraltar Port Authorities initiated their response protocols, and as part FRAGIADOULAKI ANNA of their response enrolled the assistance of Aegean’s recently acquired service DAFNES – HERAKLION boat ALPHA. LABRAKIS NIKOS The services of the launch ALPHA, as well as the crew, were retained by Port 111 J. KENNEDY, PERISTERI-ATTICA Authorities from October 13 until October 26 on a 24-hour basis. ZISIMOPOULOS GEORGE Aegean Gibraltar is proud of having been able to contribute and assist Gibraltar KAPANDRITI-ATTICA Authorities in their response to this situation, and remain committed to assist- ECONOMOU EVAGELOS ing with all our means in the future. MAYROVOUNI, GITHIO-LACONIA MASTAKOURIS ELIAS-GERONDIDI ELEFTHERIA MELISSI-KORINTH YIANAKOULIA EKATERINI SOSTIS-KOMOTINI Aegean Marine Petroleum Presents at ALI ERGOUN Marine Money Conference in Miami MAYROMATI-KARDITSA YIOTIS STEFANOS Aegean Marine Petroleum was invited to present at the 5th Annual Marine Finance 205 DOIRANIS ST.-KALLITHEA Forum: “Latin America and Caribbean” held in Miami Beach on November 20, 2008. SYGGROU PARK AVENUE S.A. Aegean Marine Petroleum, represented by Steve Leonard, presented with three other SERVOTA-TRIKALA companies in the session moderated by Hans Lau of Jan Gisholt Shipping titled ZOULIANITIS THOMAS “Leading Companies Every Lender and Investor Should Know.” R.ROAD VASILIKA-THESSALONIK Marine Money International, a leading provider of ship finance information and mari- INGIDIS CH.-EV. GEKAS time company analysis, hosts the industry's most important ship finance forums and 340 AHARNON ST.- ATHENS seminars throughout the world, providing excellent networking