Aegean in Brazil

Transcription

Aegean in Brazil

Aegean News
T H E
Q U A R T E R L Y
M A G A Z I N E
O F
A E G E A N
SPRING 2016
Aegean Marine
Worldwide
Trading News
Aegean’s
New Office
in Long Beach,
California
Interview
Nicolas Bornozis
CEO of
Capital Link
Plus
Flows & Currents
Travel with Aegean
Aegean
in
Brazil
Eyes South America Expansion
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σε ευρώ με κάθε σας
συναλλαγή
Ενημερωθείτε αναλυτικά για το πρόγραμμα Επιστροφή στο
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editorial
The shipping industry today is facing challenges that
require, more than anything else, market agility. As the
leading supplier of goods worldwide, shipping is at the
backbone of the global logistics and transport systems.
As these systems mature, with the help of new technologies, new business models, and new industry synergies,
market players must, more than anything else, be flexible,
responsive, and resilient.
If we add environmental regulations, new demands by owners, and geographically specific requirements—creating a pastiche of stipulations—it is clear that
successfully navigating through such broad enterprise combinations tests the
stamina and resolve of all participants.
And it is here, within the complexities of a complex industry, that Aegean has
proven its strength, endurance and tenacity. It is here that Aegean’s mix of market
savvy, innovation, timing, enterprising solutions, and foresight has led to its pioneering role in growing from a local concern into a global brand.
As both a supplier of bunkers and a shipowner, a lubricants developer and environmental risk company, a retail gas station operator and a LNG market player,
Aegean has the unique perspective of understanding markets from multiple angles. This advantage positions the company and its executives to both respond to
and anticipate market trends.
It is no accident that Aegean has, in the last year, began operations in markets
as diverse as Russia, South Africa, China, North America’s West coast and now
South America.
It is no accident that Aegean’s Green Fleet is chartered in a long-term agreement, providing superb economic and environmental advantages. And that our
line of lubricants is gaining market share.
Enterprise agility will continue to be a key requirement as our global trading
system continues to evolve. And Aegean will continue to keep abreast of market
trends—from Piraeus and more than 27 markets and 50 ports worldwide.
RAYMOND MATERA
Publisher
Aegean
Core Activities
Retail
AEGEAN OIL has established a gas station
network throughout Greece, and is one of
the fastest growing companies in the retail
market. AEGEAN’S gasoline market share in
Greece is 8%.
Shipping
AEGEAN SHIPPING manages a fleet of tankers, ranging from 28.610 to 50,926 DWT,
that transfers and delivers oil to our clients
throughout the world. All ships meet ISM
standards. The Company’s new GreenFleet
(http://www.greenfleet.gr) incorporates
the latest technologies to ensure reduced
operating costs and reduced emissions,
while increasing overall performance. All
ships are certified by ISM, ISPS and MLC as
well as with ISO 9001, 14001, 18001 and
50001. AEGEAN SHIPPING is additionally
certified with ISO 22301.
Bunkering
AEGEAN MARINE PETROLEUM is a leader in
providing the best bunkering services available in Piraeus, Patras, Gibraltar, Amsterdam-Rotterdam-Antwerp, Fujarah, Jamaica,
Singapore, Trinidad & Tobago, Portland-Falmouth, Vancouver, Montreal, Mexico, Tanger
Med (Morocco), Canary Islands, Panama,
Barcelona, Algeciras, Baltimore, Philadelphia, New York, Norfolk, Charleston, Los
Angeles and Long Beach, Hamburg, the Gulf
of Mexico, St. Petersburg, South Africa and
Brazil. AEGEAN MARINE PETROLEUM is the
market leader in bunkering.
Agency Services
Ships from around the world rely on AEGEAN AGENCY services at Piraeus, Gibraltar,
Fujairah, and Jamaica, from loading and
discharging, to spare parts and supplies.
Lubricants
AEGEAN OIL produces and markets high
performance lubricants for vehicles and
industrial use, under the AEGEAN brand.
AEGEAN MARINE PETROLEUM trades and
supplies lubricants for the marine market
under the ALFA brand.
SPRING 2016 AEGEAN NEWS 1
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AEGEAN
MARINE
PETROLEUM
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contents
14
Aegean’s new office in Long Beach,
California
CODE: 5169
Spring 2016
Aegean News is published
quarterly by AEGEAN
PUBLISHER & MANAGING EDITOR
Raymond Matera
CONTRIBUTING EDITOR
Alexandra Loli
DESIGN
Snack
PRINTING AND BINDING
Korifi Publications SA
OWNER
Aegean
10 Akti Konydli
185 45, Piraeus, Greece
Tel: +30 210 458 6000
Fax: +30 210 458 6241
E-Mail: [email protected]
Websites: www.aegeanoil.gr,
www.ampni.com
Comments and suggestions
are welcome.
Aegean News is free of charge and
is available, subject to availability, to
any interested person or organization.
Please Recycle
16
Aegean is commencing operations in the South
American market
4 AEGEAN UPDATE
7AEGEAN MARINE
Worldwide Trading News
8BUNKERING
Aegean Inaugurates New West Coast Office in
Long Beach, California
10HELLENIC ENVIRONMENTAL
CENTER
• HEC Present at the ELSA Seminar for Energy
and the Environment
• HEC in Alexandroupolis: 2015 Annual Report
12AEGEAN PORTS OF CALL
News from the Port of Gibraltar
14FLOWS AND CURRENTS
Trends and News in the Oil
and Energy Fields
22
Nicolas Bornozis, CEO of Capital Link,
talks to Aegean News
16 BUNKERING
Aegean Opens Physical Supply in Brazil—Eyes
Expanding in South America
22THE AEGEAN INTERVIEW
Nicolas Bornozis, CEO of Capital Link
24STATIONS OF THE MONTH
• Despina Karteri, Eretria, Evia
• Evangelos Batsilas, Servia
26ROOTS
On a Single Breath: Greece Under the Sea
27TRAVEL WITH ΑEGEAN
Marathon
28CHILDREN AND THE ENVIRONMENT
An Enchanting Underwater Museum in the
Depths of the Atlantic Ocean
30AEGEAN COLLECTION
Step Out in Style
A E G E A N
UPDA T E
Christine Marzullo, Tom Marinos, George Tzanakis, Mark Ammirati, Matt Wallace, and Gregg Schwartz
Aegean Present
at CMA Shipping 2016
On March 21-23, 2015 Aegean Marine Petroleum participated in the annual Connecticut
Maritime Association Conference for 2015, best known as CMA Shipping.
The CMA Shipping Conference, a premier international shipping and trade conference and exhibition, provides business opportunities from around the world. Individuals from all areas of
the industry come together to share information and knowledge on global industry matters.
This year, the conference was held at the Hilton Hotel in Stamford, Connecticut, at which
Aegean had a significant presence as an exhibitor.
Each year, CMA offers the Commodore Award to the industry’s most distinguished individuals. Paddy Rodgers, CEO of Euronav NV, was named 2016 CMA Commodore of the Year at
the Gala Dinner on March 23, marking the conclusion of the Conference.
Continuing a tradition, Aegean organized a party at the Cask Republic on March 22, which
had a great turnout. Financiers, customers and professional service providers attended the
party making it the highlight of the three-day conference.
The Aegean party
4 AEGEAN NEWS SPRING 2016
Green Sky
in Τop 3 Energy
Performers
by Stenaweco
It is with much pleasure that we
congratulate the Master and Crew
of Aegean’s M/T Green Sky for their
recent success in the 2015 Energy
Performance Race conducted by
Stenaweco.
Our time-charterers perform an annual energy performance race, enabling
vessels to compete with each other in
the same segment. Daily performance
updates show the energy budget and
race result against the consumption
budget. If the actual consumption in
mt/day is better than the estimated
consumption, based on the vessel’s
previous performance, the vessel
makes progress. Our Green Sky finished third among 37 vessels in the
MR segment, and received the prize
of $1,000, which will be spent for the
benefit of the crew.
Congratulations to all and good luck
in 2016!
Yiannis Karamanolis, Spyros Gianniotis, Christos Kechris, and Panagiotis Chatzidimitriou
Gina Panousi, Stavroula Fragoulaki, and Spyros Fokas
Successful Banking Agreement
Commemorative plaque
Following the beginning of a trusted cooperation, the management of Aegean
Shipping got together with teams of two banks on December 17, 2015 to celebrate the conclusion of the USD 100 million senior secured term loan facility.
This loan refinances the investment on Aegean's Green Fleet (four newly built
ECO-type vessels), providing flexibility and liquidity for further growth and
prosperity.
The Banks participated in the syndicated loan are (by alphabetical order)
ABN-AMRO and BNP Paribas.
George Arkadis and George Melissanidis
Yiannis Karamanolis and George Melissanidis
Danai Gotsia and George Melissanidis
Erik Neofytou and George Melissanidis
Olga Koraki, Panagiotis Chatzidimitriou, George Tzanakos, Marietta Gatzi, Eleni Ermidou, and Maria Tourkolia
A E G E A N
UPDA T E
New Employees
The following employees have joined the
Aegean work force.
MELCO
Kara Adil
Ourania Stamoulis
Aris Nakas
AEGEAN OIL
Aggelos Moutafidis
Christos Koukios
Panagiotis Lialios
Dorothy Papadogiannis, Petros Skarlos, Yannis Zilakos, and Dimitris Melissanids
The 2016 International Bunkering
Industry Association Dinner
The annual dinner of the International Bunkering Industry Association (IBIA)
takes place at the beginning of the Institute of Petroleum’s week, commonly
known as “IP week,” with networking opportunities second to none. The event
is very popular and demand always outstrips supply.
Aegean Marine Petroleum was once again the official sponsor of the 22nd
annual dinner, which took place on February 8, 2016 at the Grosvenor House
Hotel in London with more than 1000 guests. The night was a big success and
Aegean friends and colleagues had dinner and enjoyed each other’s company,
while exchanging news and ideas on today’s maritime industry.
AEGEAN SHIPPING
Zannis Bourantas
ΑEGEAN MARINE PETROLEUM
Konstantinos Prearis
AΠΟΘΉΚΕΣ ΑΙΓΑΊΟΥ
Dimitrios Alevizos
Posidonia
2016
Aegean and HEC will participate in
Posidonia 2016, to be held at the
Metropolitan Expo exhibition center
on June 6-10.
2014 saw a record 1,843 exhibitors
and 20,000 buyers from 96 countries. This is the largest gathering in
the international shipping calendar.
According to the organizers, exhibitors and buyers are projected to
surpass the previous participation,
marking a new record.
Find Aegean and HEC at stands 4223
and 4225 respectively.
Sotiris Delidimitriou, Alex Kyriazis, Anna-Maria Karakasi, Gratsiella Kladis, Manolis Chochlakis, Yannis Tsogas, Marios Angelis,
Hara Fikiri, and Vedran Bovan
M ARINE
China
As Aegean expands its presence in Asia, the company has
opened a new representative office in Shanghai, dedicated
to better reach customers in China.
This latest expansion aims to better serve Chinese customers
and provide dedicated sales and marketing of marine petroleum
products across Aegean’s physical network and other worldwide ports to meet Chinese shipowners’ requirements. Aegean’s Shanghai office is reporting on the latest requirements for
vessels calling ports in Chinese territory.
Vessels calling ports in the Yangtze River Delta will have to
burn low sulphur fuel while at berth as of April 1, 2016. The
Yangtze River Delta is the first of three major port areas to
enforce the 0.5% ECA compulsory requirement. The Yangtze
River Delta core ports—Shanghai, Ningbo, Zhoushan, Suzhou
and Nantong—will require that vessels use fuel of less than
0.5% sulphur content while at berth. This excludes one hour
before departure and arrival. Until the end of 2017 ships will
be required to use fuel of less than 0.5% sulphur content while
berthing, excluding the one hour before departure and arrival.
From 2018 the requirement to burn low sulphur will be extended to the entire duration of berthing and from 2019 the entire
time a vessel is within the ECA area. Before the end of 2019
the Chinese government will evaluate the effectiveness of the
ECAs and decide whether to reduce the sulphur content to below 0.1%, increase the ECAs or take other measures. It is also
understood that the authorities are encouraging vessels to go
further than the new mandatory requirement. They wish to encourage vessels to burn fuels with a sulphur content less than
0.1% while at berth and to use 0.5% maximum sulphur fuel
when operating within the emission control area. The other two
control areas are the Pearl River Delta and Bohai Bay, which
may be implementing the higher requirement of fuel sulphur
content within 2016.
Russia
As the largest independent bunker supplier in the
world, Aegean examines opportunities in all corners of
the globe. In 2015 Aegean expanded into the Russian
Federation.
Aegean's operations in this region include a marketing and
business development office located in St. Petersburg dedicated to sales and marketing of marine petroleum products across
all Russian ports. Our office in St. Petersburg is reporting on
the latest news from Russia.
Aegean Marine is among the best and strongest companies in
the global bunker arena, even though not all ship owners are
yet aware of our ever-growing potential. While maintaining a
tight relationship with East European suppliers and clients,
the St. Petersburg team continues to expand Aegean’s clientele base far beyond the borders of Russia. In the beginning
of this year, in coordination with our WWT colleagues, we
have had a number of successful business meetings with new
clients that were added to our portfolio. We also welcomed
the Algoa Bay bunkering station addition, which prompted
high interest with our customers and gave us additional lever-
age as a reliable global partner.
Despite positive developments within the industry, the overall
shipping market environment, particularly in the dry bulk sector, has continued to affect our operation.
We are looking forward to the St. Petersburg bunker conference
on June 23-24, 2016, where we plan to utilize the forum platform to further promote the Aegean brand in Eastern Europe.
Worldwide Trading News
AE GEAN
B UNKER I NG
Aegean Inaugurates New
West Coast Office
in Long Beach, California
At the start of 2015 Aegean announced its new physical bunker operation in Los Angeles,
California, USA. This exciting news represents Aegean’s first entry into the U.S. West Coast
bunker market. Adding this location greatly enhanced Aegean’s North American footprint.
After a successful first year of business in the ports of Los Angeles and Long Beach,
Aegean has opened its new office on the West Coast.
T
he addition of new team members and the natural growth
of the business on the west
coast led to the necessity of new office
space. The new west coast office is
strategically located off Ocean Boulevard in downtown Long Beach with
views of the twin ports. Located on
the 11th floor, the new Aegean Los
Angeles Office has been equipped
with state-of-the-art technology and
information systems. Aegean has
utilized latest technology trends to
provide end users and partners with
global-class services. The new premises are centrally managed from the
Piraeus headquarters and monitored
for security incidents and support.
“Having local presence and being
close to our physical supply operations is a big advantage. It enables us
to have close communication with
the suppliers, terminal and barging
company, which improves our level
of service to our customers. The office is equipped to handle the future
expansion of the West Coast team,”
said Manolis Chochlakis of Aegean
Bunkering USA LLC.
On March 16, 2016 the office was
officially opened with an open house
celebration. The event was received
with great enthusiasm. National and
international clients, suppliers, and
business associates of Aegean Los Angeles attended.
Port of Los Angeles
Location: San Pedro, Los Angeles
Coordinates: 33°43'45"N 118°15'43"W
Details
Opened: December 9, 1907
Size: 30 km2
Available berths: 270
Annual container volume: 14.6 million
twenty-foot equivalent units (TEU)
Website: http://portoflosangeles.org
The Port of Los Angeles occupies 69 kilometers of waterfront
and adjoins the Port of Long Beach.
The port employs nearly 1,000 people, and is the number one
container port and a leader in container volume and cargo value
in the U.S. The Port of Los Angeles is recognized as a global
model for sustainability, security and environmental responsibility. It is also an economic engine both regionally and nationally.
Global trade and goods movement are Southern California’s
strongest industries in terms of jobs and economic activity. The
Port of Los Angeles powers these industries, handling almost a
quarter of the cargo that enters the United States each year.
Over the years, the port has also built a strong reputation for
environmental stewardship, carefully balancing growth with
pollution-reducing measures.
Port of Long Beach
Location: Long Beach, California
Coordinates: 33.754185°N
118.216458°W
photo: egd / Shutterstock.com
Details
Opened: June 24, 1911
Size: 13 km2
Available berths: 80
Annual container volume: 6.73 million
twenty-foot equivalent units (TEU)
Website: http://www.polb.com/
The Port of Long Beach, also known as the Green Port, is the
second-busiest seaport in the United States.
Trade from clothing and shoes to toys, furniture and consumer
electronics, valued annually at more than USD180 billion,
moves through Long Beach. The port also houses specialized
terminals for petroleum, automobiles, cement, lumber, steel
and other products.
A major economic force, as it generates about USD16 billion in
annual trade-related wages statewide, the Port supports more
than 30,000 jobs in Long Beach, 316,000 jobs throughout
Southern California and 1.4 million jobs throughout the United
States.
The Port of Long Beach adheres to a Green Port Policy, which
guides efforts to minimize or eliminate negative environmental
impacts. The Port also is a catalyst for innovative
environmental programs.
HELLENIC ENVIRONMENTAL CENTER
HEC Present
at the ELSA Seminar
for Energy and the Environment
The Hellenic Environmental
Center participated in the seminar
organized by the Greek branch
of ELSA (European Law Students
Association), on March 6-11,
2016 in Komotini.
H
EC Research and Development Director Michalis Psaromichalakis was the keynote speaker at the seminar on “Environmental
and Energy Law” organized by ELSA Greece.
Mr. Psaromichalakis’ speech was entitled "Environmental legislation and
legal status at the disposal of waste generated on board vessels."
The presentation sparked the interest of attendees regarding the implementation of European legislation in Greece and the impact of HEC’s
activities on the circular economy and sustainable development through
the production of energy products from ships’ waste.
Mr. Psaromichalakis thanked the organizers of the seminar and particularly Nikos Bregiannos, the representative of ELSA in Komotini, for the opportunity given to HEC to inform tomorrow's lawyers in Greece on the implementation scope of Environmental Law and its economic and energy impact.
At the same time, he pledged to contribute to similar initiatives that ELSA will take in the future.
Professors from the University of Piraeus, the Democritus University of
Thrace, and the Aristotle University of Thessaloniki, as well as representatives of companies active in the energy sector in Greece, also gave excellent
presentations during the seminar.
HEC in Alexandroupolis:
2015 Annual Report
2015 ended on a positive trajectory for HEC in Alexandroupolis.
T
he HEC office in Alexandroupolis serves ten major
and minor ports in Eastern
Macedonia and Thrace (Alexandroupolis, P. Lagos, Keramoti, Thassos, Prinos, ELFE, Philip II, Kavala
Peramos and Samothrace). During
the past year HEC handled regular,
emergency and scheduled deliveries
from ships docked in the above ports
using company-owned tanker trucks.
Regular deliveries are carried out
at regular time intervals and include
waste, lubricants, and oils reception
from tanks at the ferry stations of
Thasos–Keramoti, Prinos–Kavala,
and Prinos–Peramos, and at the Alexandroupolis–Samothrace coastal
connection.
Scheduled service includes ships
visiting ports for commercial and
leisure purposes, such as the 23 cruise
ships that sailed into the port of Kavala in 2015.
HEC also handles ad hoc or emergency delivery calls that need to be
carried out within 12 hours.
As an example, after a waste, lubricants, and oils reception operation in
Samothrace, a combined procedure
that entailed the pumping and transport of the material from the island to
the repository, HEC received an emergency call from a ship conducting a research operation at the Prinos energy
resources area. HEC was called for a
sludge, bilge water and sewage delivery ASAP. This sounded a real alarm
at the HEC headquarters in Piraeus.
Crews were able to man private
and state-owned tanker trucks in 30
minutes. Two hours later they had
traveled the distance of 140 kilometers to the Port of Philip II and began
receiving the waste products. This
operation highlighted the high level of
staff and equipment readiness.
After the waste reception the ship
was released and sailed to its next
destination.
The response of personnel and machinery was top-notch, meeting 100%
of the Port Organizations sector requirements and acting as a role model
in the field of waste reception. At the
same time the whole operation shows
the seriousness and professionalism
that characterizes HEC regarding the
strict implementation of environmental legislation.
Gibraltar Port Granted
Ecoport Status
The Gibraltar Port has recently been granted Ecoport status, due to its
efforts to mitigate environmental impacts and to promote sustainable
development by the European Sea Ports Organisation.
The Minister for the Port, Hon Paul Balban, stated: “It is gratifying to see
our thriving port community taking the right steps to improve its green
credentials in line with the government’s wider environmental strategy.”
The Minister for the Environment, Dr. John Cortes, said: "We have
always said that in this Government every Minister carries an environmental portfolio and I am so pleased that in such a crucial area
as ours we have achieved this status. I would like to congratulate all
concerned and Gibraltar as a whole. This is proof that development
and the environment, in the right hands, can clearly go together."
Commodore Bob Sanguinetti, CEO and Captain of the Port commented: “I am delighted to see that Gibraltar has gained Ecoport
status. This represents the first step in the Port Authority’s pursuit of
improving its environmental management with certification under
the only port-sector specific environmental management standard,
which is independently verified by Lloyds Register.”
Gibraltar to Host
Next IBIA
Annual Convention
The Government of Gibraltar and the Gibraltar
Port Authority (GPA), in conjunction with the
International Bunker Industry Association
(IBIA), are delighted to announce that the
next IBIA Annual Convention will be held in
Gibraltar in November 2016.
IBIA is the voice of the suppliers and end users
of marine fuel. Since its conception in 1992,
IBIA has expanded steadily with a worldwide
membership comprising ship-owners, charterers, bunker suppliers, traders, brokers, storage companies, surveyors, port authorities,
lawyers, P&I clubs, equipment manufacturers,
shipping journalists and marine consultants.
Today membership stands at over 600 members from 66 countries.
Aegean Ports of Call
Aegean operates in many ports throughout the world,
supplying customers with products and services.
Aegean News highlights developments from some of the
Aegean Ports of Call—the series continues with news
from Gibraltar.
Positive Trends
In Shipping Activity
GPA Completes
Oil Spill
Management Course
Senior staff at the Gibraltar Port Authority have
completed an advanced course on oil spill management.
The International Maritime Organization accredited
course, held for the first time in Gibraltar, covered
all aspects of a response to a major oil spillage
including contingency planning, equipment, training, logistics and environmental considerations.
The course incorporated a live training exercise
using the Gibraltar Port Authorities resources and
the deployment of equipment in response to a simulated oil spill.
The successful completion of the training has
significantly increased the number of specifically
trained operatives able to safely attend cleanup
operations in the event of an oil spill impacting
the coastline.
Despite the direct and residual effects of the recent economic
crisis on shipping worldwide, and the increasing competition in
the region, the Gibraltar Port Authority (GPA) reports growth
in both the total number of ships calling at Gibraltar for bunkers
and in the quantity of fuel delivered. This is reflected more widely with an increase in the number of both cruise ships and super
yachts calling at Gibraltar, which have increased vastly during
this period. The GPA is hopeful that super yachts will increase
their stay in Gibraltar once the berthing on the external part of
the new marina becomes available for use.
The Minister for Shipping, Hon Albert Isola, added, “I am delighted to see such a pivotal contributor to Gibraltar's economy
grow from strength to strength, particularly at a time when
neighbouring ports are reporting a slowdown in activity. The
Port’s robust performance is testament to the outstanding work
of the GPA in its efforts to further improve efficiency and in
aggressively marketing the port. It is also down to the enduring
commitment of the bunker suppliers, shipping agents and other
operators at the Port of Gibraltar for which I wish to express my
sincere gratitude and support.”
Commodore Bob Sanguinetti, CEO and Captain of the Port,
commented, “This trend reinforces Gibraltar's position as the
Mediterranean’s leading bunker port and its resilience as a centre
of maritime excellence. I look forward to continuing to work in
increasing our range and quality of services together with the
team at the GPA and, of course, our private sector partners.”
In April, the GPA will continue its push to promote the Jurisdiction in a joint Financial Services/Port Marketing visit to Singapore and Hong Kong, headed by Minister Isola together with
representatives from the private sector.
FLOWS AND CURRENTS
What Could
Brexit Mean
for the
Shipping
Industry?
If the electorate votes for Brexit,
the UK will be the first Member
State to do so since the creation of
the first European “Community” in
1952, marking a new chapter in the
European experiment, and sending
the UK into uncharted waters. What
could this mean for the shipping
industry? The EU is made up of
28 Member States and some of
the world’s largest container and
passenger ports are situated in
its territory including Rotterdam,
Hamburg, Antwerp, and Piraeus.
Four of the world’s five largest shipping companies are based in the EU.
The EU is the UK’s largest trading
partner, accounting for around 45%
of exports, and 53% of imports,
of goods and services. Over three
million jobs in the UK are linked,
directly or indirectly, to exports to
the EU. Should the UK cease to be
an EU Member State, UK businesses would no longer benefit from
EU internal trade access without a
bilateral agreement between the UK
and the EU. Brexit will also affect
competition law, contract terms,
dispute resolution, employment
terms, insurance, sanctions, and
obviously trade.
Source: Ince & Co
Crew inspects a 40 m-long proof-of-concept barrier in Pico, Azores, Portugal, March 2014. © The Ocean Cleanup
The Ocean Cleanup
The sad fact is that our oceans are far from clean. There's more garbage out
there than we think and most of it is plastic. Millions of tons of plastic have entered the oceans and marine life ingests it, with catastrophic consequences. The
Ocean Cleanup was founded in 2013. With headquarters based in the Netherlands, a staff of 25 and more than 100 volunteers, it develops technologies to
extract, prevent, and intercept plastic pollution. The Ocean Cleanup’s goal is to
fuel the world’s fight against oceanic plastic pollution by initiating the largest
cleanup in history.
Source: www.theoceancleanup.com
Chinese and Greek Shipowners
Accounted for 40%
of Global Recycling in 2015
Many of the major shipping segments have lately been
facing severe oversupply due to the record pace of
fleet growth over the last decade and the weakening
global demand. As demolition of older ships is one way
of easing overcapacity, recycling volumes have been
strong in recent years. The top ten owner countries
typically account for the majority of recycling with
Chinese and Greek owners leading the way. Last year a
total of 860 ships, with a combined 23m GT were reported sold for demolition. This is equivalent to 2% of
the start year fleet. The top 10 owner countries by demolition volume each year account for
roughly 75% of tonnage recycled over the last decade. Chinese and Greek owners accounted
for 40% of global recycling in 2015, 9.6m GT. The third and fourth largest owner countries,
South Korea and Japan, recycled 1.8m GT and 1m GT respectively in 2015.
Source: Clarkson Research Services Limited
Rogue Wave
Prediction Tool
iBubble:
The Top Underwater Tech Gadget
In the emerging world of drones, it was only a matter of time that there was one for the underwater
world. The iBubble is an autonomous vehicle that
basically follows a diver. With a few programmable
functions, the vehicle can video document a dive
from different angles and positions. The iBubble is
a robotic ‘buddy’ that can assist with the dive by
carrying tools, or just monitoring for safety. In the future, we can look forward to underwater
drones that work synchronously with humans and may significantly increase human efficiency
and help restore the balance of human interaction in the undersea environment.
MIT engineers have developed a new
prediction tool that may give sailors
a 2-3 minute warning of an incoming rogue wave, providing them with
enough time to shut down essential
operations on a ship or offshore
platform. The tool, in the form of an
algorithm, sifts through data from
surrounding waves to spot clusters of
waves that may develop into a dangerous rogue wave. Depending on a wave
group’s length and height, the algorithm computes a probability that the
group will turn into a rogue wave within
the next few minutes.
Source: mit.edu
Source: ibubble.camera
Oceans Are
Surprisingly Noisy
Seven miles below the surface of the sea, the Challenger
Deep is the deepest spot in the Mariana Trench and,
in fact, on Earth. The only light is that produced by
animals that use photoluminescence. No sunlight can
penetrate these waters. Life there is either extremely
small, extremely slow-moving, or both. So it would be
safe to assume that the deepest place on Earth is almost
deathly quiet. And yet, it is not. There's plenty of noise
produced by marine animals such as walruses and blue
whales, as well as the cracking of icebergs and the rumbling of earthquakes. There's also a mysterious ocean
hum that could be created by fish migration. In recent
years there’s also the noise generated by ships’ propellers, pile driving and the loud booms of seismic air guns
searching for oil and gas deposits under the seabed.
What's more, scientists report that oceans are about to
get noisier with climate change.
Source: news.discovery.com
B UNKER I NG
Aegean
Opens Physical Supply
in Brazil,
Eyes Expanding
in South America
Following its entry into South Africa, Aegean Marine Petroleum Network Inc.
is commencing operations in the South American market during the first
quarter of 2016.
photo: Ksenia Ragozina / Shutterstock.com
BUNKERING
A
egean said it is “pleased to
announce our expansion
into South America and the
opportunity to continue to grow and
diversify our business. Our expansion
into the South American market is an
important milestone for Aegean and
underscores our focus on expanding
our capabilities and global footprint
to drive profitable growth and create
value for shareholders.”
The company has assembled a
team, with extensive local market
experience, to manage an asset-light
physical supply and back-to-back
trading model in the region. Aegean
believes that the new office, which will
be based in Rio de Janeiro, Brazil, will
support Aegean’s goal of growing its
global footprint with minimal start-up
costs and position the company well
for continued expansion in the region.
Initialing targeting Brazil, Aege-
an plans to be a physical supplier in
several areas of South America with
Argentina, Colombia, Ecuador, and
Peru in its slights. The company will
supply all marine fuel grades and
gasoil in local currency for domestic
and offshore companies. In some
locations of the country Aegean will
acquire the product directly from
inland refineries to deliver through
a dedicated/personalized logistical
infrastructure.
The new office, which will be based in Rio de Janeiro, Brazil,
will support Aegean’s goal of growing its global footprint
sales in Brazil and US dollars for international trade. The newly opened
Rio de Janeiro office will service all
South American shippers looking for
bunker fuel globally, and supply will
be procured from locally licensed
suppliers and refiners as well as stateowned oil companies.
The Brazil operation will cover fuel
oil and MGO deliveries to shipping
The company’s initial, short-term
foray is “asset light,” which means it
will initially carry out delivery via
charters and not by placing its own
fleet in the markets to buy and resell
locally. In the medium-term, Aegean
considers placing physical assets in
the region. Aegean has already dedicated three traders based in its Rio de
Janeiro office.
Beyond Brazil
Colombia
Ecuador
Brazil
Argentina, Colombia, and Ecuador are the next South
American targets for Aegean, even though these countries
present a number of hurdles before business can begin. In
each of these countries, physical bunker supplies must be
carried out by local licensed suppliers and must have a local
establishment.
Argentina, Colombia, and Ecuador are the
next South American targets for Aegean
Argentina
The entry of Aegean into Brazil comes at a time when the
country’s oil market is undergoing a variety of changes.
Within this environment Aegean sees good potential for
developments in both upstream and downstream segments.
Beyond the divesting plan of Petrobras, the Brazilian Congress is discussing the end of Petrobras obligation to participate and operate on all pre salt blocks. This would be a
major step for the development of the oil industry.
Key Facts
Official name: Federative Republic of Brazil
(República Federativa do Brasil)
Coordinates: 15°47'S 47°52'W
Capital: Brasίlia (pop. 2.1 million)
Largest city: São Paulo
Government: Federal presidential
constitutional republic (Governo do Distrito
Federal)
President: Dilma Rousseff
Independence from the United Kingdom of
Portugal, Brazil and the Algarves
Declared: 7 September 1822
Recognized: 29 August 1825
Republic: 15 November 1889
Current constitution: 5 October 1988
Population
Brazil—
A South American Giant
A federal republic, Brazil is the largest sovereign state in
Latin America and the world's fifth largest country, by both
geographical area and total population. It is the largest
Portuguese-speaking country in the world, and the only one in
the Americas. Apart from being geographically large, Brazil is
also naturally diverse. It comprises dense rain forests and jungles,
expanses of coastline, towering mountains, oceanic archipelagos
(or clusters of islands), rivers, scrublands and rolling plains.
Because of such a variation in habitats available to plants and
animals, Brazil boasts a rich array of fauna and flora.
Sources: Wikipedia, www.brazil.org.za
Nationality: Brazilian
Language: Brazilian Portuguese
Population: (2015 estimate) 205,338,000
(5th)
Density: 23.8/km2 (190th) 62/sq mi
Ethnic groups: Brazil's population is derived
from three main ethnic sources. To the
original inhabitants (Indians) were added
successive waves of Europeans (mainly
Portuguese) and Africans (mostly from the
sub-Saharan west coast, belonging to the
Bantu and to the Sudanic (Yoruba) ethnic
groups).
• 47.73% White
• 43.13% Multiracial
• 7.61% Black
• 1.09% Asian
• 0.43% Amerindian
Religion: Roman Catholic (80%)
Literacy: 81% of adult population
The name of Brazil
is shortened from
Terra do Brasil,
"land of brazilwood", given in
the early 16th century to the territories
leased to the merchant consortium led by
Fernão de Noronha, which focused on the
production of dyewood for the European
cloth industry. The name of the brazilwood
tree in Portuguese is pau brasil.
B UNKER I NG
Brazilian Rainforests
The Federative Republic of Brazil
Brazil stretches from the Amazon Basin in the north to vineyards and
massive falls in the south. Bounded by the Atlantic Ocean on the east,
Brazil enjoys an extensive coastline that measures almost 7.491 kilometers. Its other borders are made up of Venezuela, Guyana, Suriname,
French Guiana, Colombia, Bolivia, Peru, Argentina, Paraguay and Uruguay. In fact, Ecuador and Chile are the only South American countries
with which Brazil does not share its borders. It occupies 47.3% of the
continent of South America. Its Amazon River basin includes a vast tropical forest, home to diverse wildlife, a variety of ecological systems, and
extensive natural resources spanning numerous protected habitats. This
unique environmental heritage makes Brazil one of 17 diverse countries,
and is the subject of significant global interest and debate regarding deforestation and environmental protection.
Brazil is a developed country. Brazil's economy is the world's ninth
largest by nominal GDP and seventh largest by GDP (PPP) as of 2015. A
member of the BRICS (a grouping acronym that refers to the countries of
Brazil, Russia, India China and South Africa) group, Brazil had one of the
world's fastest growing major economies until 2010, with its economic
reforms giving the country new international recognition and influence.
One of Brazil’s most valuable assets is its dense rainforests, with the
Amazon Rainforest being the most
significant of these, as it covers a vast
portion of the country and provides
the ideal habitat to approximately
one-third of all animal species in the
world. To date, there have been identified approximately 56,000 species
of plants, 1,700 bird species, 695 amphibian species, 578 mammal species
and 651 reptile species.
Rainforests cover almost 60% of the
entire area of Brazil at 477,698,000 hectares, which is equivalent to 1,844,394
square miles or just under 3 million
square kilometers. This means that
Brazil is home to a third of the world’s
rainforests, making it one of the most
intriguing and beautiful lands on earth.
The Brazilian rainforests, the “lungs
of the world,” serve many purposes for
humankind. This has, unfortunately,
led to their large-scale destruction
through deforestation. Currently, only
about 8.5% of the rainforests enjoy a
conservation status, while less than
20% are officially protected.
photo: CP DC Press / Shutterstock.com
Geography
The Carnival of Brazil
The Carnival of Brazil (Portuguese: Carnaval do Brasil) is an annual Brazilian festival held 51 days before Easter, between Friday afternoon and Ash Wednesday at
noon. The Carnival marks the beginning of Lent, the forty-day period before Easter.
Although the Carnival is celebrated in towns and villages throughout Brazil and
other Catholic countries, Rio de Janeiro has long been regarded as the Carnival
capital of the world. The Rio Carnival is not only the largest one. It is also one of
the most interesting artistic events on the globe. Almost everyone has heard of
Rio Carnaval, known for its wild hythm and costumes. Rio Carnival is the result of
months of preparation. Foreign visitors number around 500,000 every year.
Almost all the music played during Rio Carnival is samba. A dance form that was
invented by the poor Afro-Brazilians, sambat is a uniquely Brazilian music originating from Rio.
Rio de Janeiro
Founded in 1565 by the Portuguese, Rio is the second most populous municipality in Brazil and the sixth largest city in the Americas. Part of the city
has been designated as a World Heritage Site, named "Rio de Janeiro: Carioca
Landscapes between the Mountain and the Sea", by UNESCO.
Rio de Janeiro has the second largest municipal GDP in the country, and
30th largest in the world. It is headquarters to Brazilian oil, mining, and
telecommunications companies and as the site for many universities and institutes, it is the second-largest center of research and development in Brazil,
accounting for 17% of national scientific output.
Rio is one of the most visited cities in the Southern Hemisphere for its
natural settings, Carnival, samba, bossa nova, and beaches such as Barra da
Tijuca, Copacabana, Ipanema, and Leblon. Famous landmarks include the
giant statue of Christ the Redeemer atop Corcovado mountain, named one of
the New Seven Wonders of the World; Sugarloaf Mountain with its cable car;
the Sambódromo (Sambadrome), a permanent grandstand-lined parade avenue which is used during Carnival; and Maracanã Stadium, one of the world's
largest football stadiums.
Rio de Janeiro will host the 2016 Summer Olympics and the 2016 Summer
Paralympics—the first time a South American and Portuguese-speaking nation will host these events, and the third time the Olympics will be held in a
Southern Hemisphere city.
Location: Eastern South America, bordering
the Atlantic Ocean
Area: 8.5 million km2 (3 290 000 sq. mi.);
slightly smaller than the USA
Terrain: Dense rain forests in northern regions including the Amazon Basin; semiarid
along the northeast coast; mountains, hills,
and rolling plains in the southwest, including
Mato Grosso; and coastal lowland
Climate: Mostly tropical or semitropical with
temperate zone in the south.
Economy
GDP (2016 estimate)
• (PPP) Total: $3.208 trillion (7th)
Per capita: $15,690 (77th)
• (nominal) Total: $1.672 trillion (9th)
Per capita: $8,802 (69th)
Currency: Real (R$) (BRL)
Natural resources: Iron ore, manganese,
bauxite, nickel, uranium, gemstones, oil,
wood, and aluminum. Brazil has 12% of the
world's fresh water.
Agriculture products: Brazil is the biggest
exporter of coffee, soybeans, beef, sugar
cane, ethanol and frozen chickens.
Other products: wheat, rice, corn, cocoa,
and citrus
Industry
• Third-largest manufacturing sector in the
Americas
• 28.5% of GDP
• Textiles, shoes, chemicals, cement, lumber,
iron ore, tin, steel, aircraft, motor vehicles
and parts, other machinery and equipment.
• Exports partners: China 17%, US11.1%,
Argentina 7.4%, Netherlands 6.2%
(2012)
• Imports partners: China 15.3%, US14.6%,
Argentina 7.4%, Germany 6.4%, South
Korea 4.1% (2012)
Time zone: BRT (UTC-2 to -5)
Calling code: +55
Internet TLD: .br
THE AEGEAN INTERVIEW
Capital Link—
Expanding Markets, Connecting Players
Nicolas Bornozis, CEO of Capital Link, based in New York City, discusses how his company serves the
maritime and energy sector, and trends in today’s markets.
What are the areas in which Capital Link operates?
Capital Link has two main areas of activity; the public
and the private side of our business. On the public side,
most people know us from the organization of large-scale
investment conferences in major centers, such as Athens,
London, New York and as of this year, in Shanghai. We
organize twelve investment conferences annually, of which
eight are on the maritime and energy sectors. The organization of conferences enhances our branding and rolodex
and feeds into the private side of our business, that of investor relations, which is our core activity.
In this area we assist public and private companies to
establish and maintain access to financiers, investors, analysts and media. We literally do what our company name
suggests—we link our clients with sources of capital, public
and private, such as with bankers, alternative financiers,
private equity, portfolio managers who invest in publicly
listed securities and so on.
In terms of industry specialization, we focus on the
maritime and energy sectors, and also on US investment
managers, as we work very closely with US fund sponsors
in the areas of Closed-End Funds, Exchange Traded Funds
(ETFs), Master Limited Partnerships (MPLs) and Business
Development Companies (BDCs). Working with US fund
managers enhances our penetration of the US institutional investor community. At the same time we have built a
unique network of financial advisors, who service retail
clients, who play a significant role in the US markets.
Regarding shipping, what are the initiatives you have that
serve the shipping community?
Besides the bespoke work we perform for each individual
client, tailored to their own profile and objectives, we have
undertaken a series of initiatives well beyond the traditional investor relations function, aiming to raise the profile of
the industry to a much wider audience.
The US capital markets are vast and complex and even
though the maritime sector has come a long way since
2005, when it started tapping the US capital markets in a
bigger way, it has captured only a very small percentage
of the overall investor universe. It is important for the
industry to expand its profile beyond the current investor
base and capture a wider audience. Investor education and
building industry awareness are key factors. Capital Link
We literally do what our company name
suggests—we link our clients with sources of
capital, public and private
aims to contribute to this with our sector webinars, industry conferences, industry reports and weekly newsletters,
a lot of which are provided at no cost. Our objective is to
reinforce our reputation as the place-to-go for investors
when they require information and insight on shipping,
and I believe we have done a decent job on this judging
from the number and quality of people who sign up all the
time for our reports and events.
Another initiative I am very proud about is our platform
on Operational Excellence in Shipping and showcases
how the implementation of Best Industry Practices translates into tangible commercial, operational and financial
competitive advantages. We are happy to see how the industry has embraced this initiative. Our last conference in
London on this topic featured 23 shipping companies and
major charterers, financiers and industry participants who
came together to debate these issues.
What trends do you see emerging that will define shipping in the coming decade?
I believe there are two main and interconnected trends
that will have a transformational effect on the industry.
The first one is access to capital. Shipping is a cyclical
and capital intensive business and thus access to capital
is critical to ensure a company’s viability and ability to
take advantage of market trends. The traditional source
of finance, bank finance, is less available and more expensive. Thus companies need to reach out to the private and
public capital markets and alternative providers of capital.
This leads into the second trend. In order to do so, size,
transparency and a corporate structure are key factors.
This means, that operators will need to become more corporate in structure and function, adopt more transparency
and consolidate to create larger industry players.
What about trends that will affect bunkering?
Today’s bunkering market is highly competitive and to be
successful requires a deft combination of location, service
and capacity. As we have seen, the profile of bunkering has
changed over the years, with leading independents, exemplified by Aegean as a leader, establishing a global presence
and combining physical assets with superb, totally integrated service. As requirements, legislation, and demands of
the shipping community all evolve, not always in perfect
harmony, being successful means being able to respond to
such demands. Therefore, establishing both a strong brand
name with a presence in major bunker ports around the
word is a superb strategy.
The Greek shipping community remains strong. Do you see
this continuing as new global players become active?
Greek owners have proved their tenacity and unique ability to take advantage of market trends again and again.
Shipping is the one area where Greece holds a global
leadership position and I don’t see that changing. Greek
owners are global players, as shipping depends on the
global commodity and energy markets, not on the Greek
economy. There are many cases where major global industry players team with Greek owners to operate in the
shipping space. This trend is prevalent in every shipping
sector and especially in the container, tanker and gas markets. This “partnership” can take many forms, whether it
is joint vessel ownership or long term vessel employment.
But in all this, Greek owners do play and will continue to
play a major role and will remain a partner of choice for
the global industry players.
Nicolas Bornozis
Ever since Aegean Marine Petroleum entered
the NYSE it was clear that a new kind of
maritime and energy pioneer was to emerge
from Greece
As you know, Aegean is becoming a leading international
player. How do you view the development of Aegean—a
Greek company with a global presence?
Ever since Aegean Marine Petroleum entered the New
York Stock Exchange, back in 2006, it was clear that a new
kind of maritime and energy pioneer was to emerge from
Greece. Today, we see a company that is the leading independent bunker supplier in the world and, at the same
time, one of the leading shipping companies in the world.
If we add the fact that Aegean develops and supplies its
own brand of marine and non-marine lubricants, operates
a network of Aegean gas stations in Greece, is emerging as
a leading environmental management and risk company
with the Hellenic Environmental Center, and is now entering the LNG markets, it is unmistakable that Aegean,
through the vision and determination of its founder, Dimitris Melissanidis, has grown from a Greek company to a
global powerhouse. And for that we can offer nothing but
congratulations.
STATIONS OF THE MONTH
Quality Services
Despina Karteri, Eretria, Evia
Despina Karteri’s service station is located in Eretria, a bustling town on the island of Evia.
Many visitors from Athens visit the area throughout the year, but there are also plenty
of additional tourists during the summer months. We talked to Mrs. Karteri’s husband,
Panagiotis.
Mrs. Karteri’s service station
Talk to us please about your business.
What kind of services do you offer?
Tell us a few words about your work.
We sell fuel and lubricants. We also
operate a lubrication center, a car
wash, a coffee shop and a mini market. Our service station is a complete
rest stop for drivers and one of the
largest in the region.
How long have you had this job? How
long have you been part of the Aegean
retail network?
We started this business in 2015. We
People are a company’s
most important assets
have been with Aegean since the beginning. I have not worked in this field in
the past, but I have been in trade and
sales for the past 45 years, in Greece
and abroad. I have plenty of experience.
What made you select Aegean when
you first entered this line of business?
What is your collaboration like after
this short while?
I chose Aegean because of my personal acquaintance with the inspector of
the area. Of course I looked at other
companies, but Aegean was the best.
Then I met with other Aegean partners and associates and Iakovos Me-
ERETRIA, EVIA
16th klm. CHALKIDA N.R. (LEPOURON) | 38.409042,23.727624
Eretria is a natural harbor of Evia, with a very rich history. In ancient times Eretria was an important city, inhabited from the Geometric to the early Christian
era. Nowadays visitors have many choices on the beautiful promenade of Eretria;
bars, cafes, restaurants, scenic ouzo bars and many restaurants are open yearround. Eretria also has sports facilities, hiking trails, beaches and many hotels.
lissanidis. My personal contact with
the company made me realize that
Aegean was one of the best in the field
and I decided to work with them.
People are a company’s most important assets. So far I am very satisfied with our collaboration.
Are there a lot of other service stations in the area? How do you deal with
the competition?
There are a few other service stations
in our area. We fight competition with
quality products and services.
What is your customers’ impression of
Aegean products and services?
Our customers are very satisfied. We
have made a good name for ourselves.
Family Bonds
Evangelos Batsilas & Co, Servia
Evangelos Batsilas’ service station is located on the 4th kilometer of the Kozani-Larissa
National Road, in the town of Servia. We spoke with Nikos, one of the two sons of Mr. Batsilas.
The service station of Mr Batsilas
Have you been in the fuel business
for a long time? Talk to us about your
service station. Is it a family business?
We have been in the fuel business for
three generations. First my grandfather opened a service station, then my
father took over and lately my brother
and I have been in charge. This particular station has been open since 1996.
At the moment my father, my brother
and I all work here, as well as an additional staff of two. We sell Aegean
car fuel, lubricants, and heating oil.
There’s also a lubrication station and
a car wash.
When did your collaboration with Aegean start?
We have been collaborating with Aegean since 2000, since Aegean first
entered the retail market.
What made you chose a company that
was just then taking its first steps?
What made you trust Aegean?
At the time we were looking for a
new supplier. We were looking for a
flexible, Greek company and so we
decided to go with Aegean.
How is your collaboration now, after
all these years?
Our cooperation is excellent. After so
many years it’s like Aegean is family.
We are in great terms with the area
inspectors and our Aegean partners in
Thessaloniki.
What is your relationship with your
SERVIA
4th klm. SERVIA-LARISSA N.R. | 40.170424,21.968065
Servia is a town in the Prefecture of Kozani, located between the northwest ends of
the Pieria mountain line and the Aliakmonas river. Servia lays 26 km southeast of
Kozani, at a distance of 150 km from Thessaloniki and 100 km from Larissa. In the
Byzantine Empire Servia was an impregnable fortress that, because of its strategic
position, controlled the only passageway between West Macedonia and Thessaly.
We were looking for a flexible, Greek company and so we
decided to go with Aegean
customers like? How do they respond
to the Aegean brand?
The Aegean brand and products are
recognizable. Our clients are mainly
trucks from nearby construction sites
and quarries, so our customers are
wholesale customers. There are also
many teachers from Larissa who visit
our station. Our customer base is stable and not seasonal. People know us
as a business and as a brand. We have
been in the fuel business for three
generations and we have known our
customers for many years. We have
developed personal relationships with
most of them.
Is there a lot of competition in your
area? How do you deal with that?
There is plenty of competition, but
our services and prices are very competitive too. Personal relationships
also play a great role. We offer the
whole package.
R OOT S
On a Single Breath
Greece Under the Sea
An impressive exhibition on diving and the underwater environment of Greece was held at
the end of 2015 at the Eugenides Foundation.
U
nder the huge dome of the
Old Planetarium, the Eugenides Foundation held
a unique exhibition—"On a Single
Breath: Greece Under the Sea." Underwater photography, diving, and the
Greek seabed were at the center of attention at this photo exhibition, which
took place under the auspices of the
Ministry of Environment and Energy.
The photographs showed the beauty,
value and uniqueness of the Greek
underwater landscape, and offered a
special visual impression of diving and
the physical bond between man and
the environment.
The photographer and freediver
Stefanos Kontos created this photo
exhibition, impressively presenting the
strong visual character of the Greek
seabed. Large photos, printed with
state-of-the-art techniques, filled the
Old Planetarium, creating a sense of
three-dimensional representation. The
magnificent aquarium at the center and
the evocative sounds in the background
“transported” the visitors to the wonderful seabed of the Greek seas. These
images held a special dynamic and
immediacy, creating the sense of actual
contact with the underwater world
without the use of elaborate technology, as if all the photographs and material were captured "on a single breath."
This is the first time that through an
exhibit, rich underwater photographic,
and graphical representations, the
unique dynamics of freediving, a tradition deeply rooted in the hearts and
souls of the Greeks, has been presented
to the public. The exhibit revealed the
secrets of natural and free contact with
the underwater world and the experience of living in an unexplored environment, while simultaneously provided answers to questions about human
intervention, safety, responsibility, and
the protection of the underwater natural environment. Mr. Kontos’ work also
explained, in an understandable and
attractive way, the human experience
under the sea surface, and the processes
and changes that take place when
someone descends freely without the
use of respirators, highlighting the
roots and primordial relation between
man and the sea.
We thank the Eugenides Foundation for kindly providing the
material for this article. For more information, please visit
the foundation’s website at www.eugenfound.edu.gr
TRAVEL WITH AEGEAN
A worldwide landmark, the historic plain of Marathon, which
rests against the bustling Attica coastline, was the heroic
battlefield that marked the end of the first Persian invasion and
led to the birth of the long-distance running event we know as
the marathon.
M
arathon presents an outstanding natural landscape. The Marathon dam is the only artificial lake in Attica, surrounded by a
lush, fertile valley that includes a rich pine forest, the Schinias
wetland, and 12 kilometers of sandy beach in the historic bay of Marathon.
In addition to its natural beauty, Marathon has a rich historical and cultural past.
A Glorious Past
The Battle of Marathon took place in 490 BC during the first Persian invasion of Greece and represents a great moment in the history of the region.
An army of Athenians and Plataeans, led by Datis and Artaphernes, fought
the Persians, during the first attempt of the Persians, led by King Darius I,
to occupy Greece.
The legend of the Greek messenger who ran 42,195 kilometers (26,219
miles) from Marathon to Athens to bring the news of victory became the inspiration for the marathon sporting event, which was introduced at the Athens Olympics in 1896. The name “Marathon” is known all around the world
and dozens of cities organize such 42,195 kilometer races every year.
photo: STAVROS TOUSAS - The Marathon dam
Marathon
Must See
Archaeological Museum of Marathon The
museum is located in Vranas, in Marathon, and
includes protected tombs of the Middle Bronze
Age (2000-1600 BC) and the tomb of the
Plataeans (5th century BC), as well as findings
from the Neolithic to the Late Roman period.
Museum of the Marathon Race The permanent exhibition of the Olympic Marathon
showcases the history of the sporting event,
between 1896 and 2000, with more than
3,100 items on display.
Marathon Lake This artificial lake, created 42
kilometers northeast of Athens for the purpose of supplying the capital with water, was
formed by the construction of the Marathon
dam at the confluence of the Varnavas and
Haradros streams. It is an impressive work
surrounded by a unique nature preserve that
will delight hikers and nature lovers.
Marathon Tomb A large mound of earth, 9
meters in height, covers the 192 Athenians
who fell in the victorious battle against the
Persians in 490 BC. The city of Athens burned
and buried the dead on the battlefield to honor
them.
Schinias National Park The famous pine
forest of Schinias is among the rarest in the
Mediterranean region. It is also a valuable
wetland. The Schinias National Park covers an
area of 13.84 square kilometers, in which the
role of water is paramount, as multiple springs
create streams that flow through the wetland
to the sea while preserving swamps and lakes.
Nea Makri Within walking distance of Marathon lies the beautiful town of Nea Makri in
the Northeast side of Attica. Guests can enjoy
the beach, visit the numerous tavernas, and
enjoy the rich natural landscape.
Aegean service station
CHILDREN AND THE ENVIRONMENT
I Protect the Environment-I Safeguard my Future
By staying informed about what is happening in the world and by passing the information on to
others, we are taking a significant step toward the protection of our planet.
An Enchanting
Underwater Museum
in the Depths of the Atlantic Ocean
The British sculptor, photographer, and diver Jason deCaires Taylor,
inspired by the vastness of the sea, created a spectacular underwater
exhibition at the bottom of the Atlantic ocean. Off the coast of Lanzarote, the fourth largest of the Canary Islands, Taylor created the “Museo
Atlantico,” an underwater museum that consists of human figures made
of cement, which narrate vividly the transience of human existence and
remind us of the sacredness of our oceans.
Taylor crafted sculptures representing human figures and images of
life on earth and then sank them at the bottom of the ocean. Then the
sea took over and integrated, absorbed and completely transformed
his sculptures, converting them from inanimate objects into living
underwater habitats.
Among Taylor's works on display in this submarine museum are "The
Raft of Lampedusa" that refers to the deadly tragedy that cost 800
people their lives last year and a modern version of "The Raft of the
Medusa" by Théodore Géricault.
The “Museo Atlantico” is the second submarine museum in the world
,after the “Museo Subacuatico de Arte (Musa)” that is located in Cancun, Mexico and includes nearly 500 statues crafted by the residents
of Puerto Morelos.
Photo:: Jason deCaires Taylor
I BECOME INFORMED - I INFORM OTHERS - I ACT
AEGEAN
COLLECTION
Step out in style
with the Aegean Collection
Aegean and renowned designer Robbi di Kappa have
teamed up to design a brand new look for today! The
Aegean sport line, with its nautical influence, is perfect
for stepping out in style, in the city, by the sea, or on
country walks—for him and for her.
Bundle up or travel light in polos and t-shirts.
At home, relax in luxurious bathrobes.
And stash your gear in versatile and stylish Aegean bags.
Discover the new Aegean look at the Aegean Shop or
online at www.aegeaneshop.com
Aegean Shop
at the Aegean Headquarters—
10 Akti Kondyli, 18545, Piraeus, Greece
Aegean
Energy for the Future
Aegean is Greece's most dynamic energy, petroleum, and shipping group. The company has a network of retail gas
stations throughout Greece, is active in marine fuels and lubricants, and operates a fleet of tankers and barges internationally and domestically to transport petroleum and bunkers for its global base of clients.
RETAIL MARKET
Through its fast-growing network of gas stations, Aegean supplies drivers in Greece with gasoline and automotive
lubricants. Aegean’s modern, well-maintained gas station network has won the trust of drivers due to the high quality
products and services it offers at competitive prices. In addition, Aegean directly supplies large industrial clients with
petroleum products of all grades, owing to the consistency and service of its transactions.
BUNKER FLEET
NYSE listed Aegean Marine Petroleum Inc., with an exclusively double hull fleet—of which nine ships are newbuildings—is the natural supplier of marine fuels at 12 of the most significant ports in the world. Furthermore, with its
22 newbuildings program in progress and the continuous opening of new stations, it is one of
the most dynamically developing divisions Of the Aegean Group.
BUNKERING
Aegean provides one of the most efficient and responsive bunkering services to
clients worldwide. Its ships never stop sailing and its services are available 24
hours a day, 365 days a year. Aegean operates bunkering stations in Piraeus and
Patras, and in Gibraltar, Amsterdam-Rotterdam-Antwerp, Fujairah, Jamaica,
Singapore, Trinidad & Tobago, Portland UK, Vancouver and Montreal, Mexico,
Tangiers, Las Palmas and Tenerife, Panama, Barcelona, Algeciras, Baltimore,
Philadelphia, New York, Norfolk, Charleston, Los Angeles and Long Beach,
Hamburg, the Gulf of Mexico, St. Petersburg, South Africa and Brazil. All its
products are ISO 8217 certified. The Company, which is a member of IBIA and
is ISO 9001 certified, is well positioned on the FOBAS White List.
SHIPPING
Aegean's fleet of ships is at the heart of its superior service worldwide. Its vessels
operate in full compliance with EU and international standards, are all certified by
ISM, ISPS and MLC as well as with ISO 9001, 14001, 18001 and 50001 and are in
complete compliance with SOLAS and MARPOL regulations. Aegean continually adds to its
fleet of ships, which transports oil cargoes worldwide on behalf of major oil companies,
commercial clients, and Aegean customers. Its new GreenFleet (http://www.greenfleet.gr) incorporates the latest technologies to ensure reduced operating costs
and reduced emissions, while increasing overall performance.
LUBRICANTS
Aegean produces and markets high performance lubricants for vehicles and
industrial use under the Aegean brand and, for the marine market, under the
ALFA brand. ALFA marine lubricants are certified and approved by the largest
marine engine manufacturers in the world.
The resources of our company and our follow–up service create our successful relationships and allow Aegean to supply lubricants in more than 550
ports worldwide.
ENVIRONMENT-HEC
The Hellenic Environmental Center collects, transports and processes oil residues
from ships and land units (industrial, shipyards), while it also manages all liquid residues produced by ships.
In order to carry out its work HEC has the most state-of-the-art equipment, consisting of floating
separators, a fleet of pollutant-collecting tankers, and well-equipped tank trucks.
HEC acts to protect the marine environment and at the same time contributes significantly to the saving of energy
with the recycling procedures it uses to transform the reclaimed pollutants into energy resources.
TRADING
Aegean is dynamically active in the trading of crude oil and petroleum products worldwide. The Trading Department
is comprised of dedicated and professional individuals who combine high level expertise and a great many years of
experience in the oil industry. Petroleum products are supplied to a broad spectrum of customers who comprise the
company's portfolio. Aegean has acquired its credibility from the high quality of the services it provides to suppliers
and ship owners, a fact that supports the company’s ambitions for the achievement of long-range goals in the energy
sector worldwide.
Aegean’s websites
www.aegeanoil.com
www.ampni.com

Aegean in Brazil

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