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Aegean NewsAUTUMN 2015

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

Aegean GasAegean Enters

LNG Market

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AUTUMN 2015 AEGEAN NEWS 1

Growth. Change. Movement. The heart of a dynamic system is, to a great extent,

movement. As individuals, institutions and companies, we all experience movement of one kind or another every day. Movement is an essential part of the natural world as well, as witnessed by the perpetual and incessantly flowing currents of water and air throughout our planet.

When we combine movement with a defined purpose, we are then involved in strategy, the characteristic of sophisticated and successful systems.

It is this kind of movement—that with a strategic purpose—that character-izes the course of Aegean’s development during the past two decades.

Marking this development is a unique combination of growth within a diverse set of business activities: a retail service station network in Greece; the manufacture and distribution of automotive, industrial, commercial and marine lubricants; ship ownership and shipping management; extensive envi-ronmental services; international trade in petroleum products; and the world’s largest independent bunkering operations.

Today, Aegean is implementing a new growth strategy by entering the Liq-uid Natural Gas market (LNG). By positioning itself within the LNG market, Aegean is establishing another cornerstone of its global business interests. This “movement” places Aegean among the few companies that have exceptional international leverage, flexibility and diversity.

The growth of Aegean is concurrent with change within its global outlook. And such change benefits the company's business partners everywhere.

Aegean—Built on growth and respect for the environment. Energy for tomorrow.

editorial

RAYMOND MATERAPublisher

RetailAEGEAN 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%.

ShippingAEGEAN SHIPPING manages a fleet of tank-ers, 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.

BunkeringAEGEAN MARINE PETROLEUM is a leader in providing the best bunkering services avail-able in Piraeus, Patras, Gibraltar, Amster-dam-Rotterdam-Antwerp, Fujarah, Jamaica, Singapore, Trinidad & Tobago, Portland-Fal-mouth, Vancouver, Montreal, Mexico, Tanger Med (Morocco), Canary Islands, Panama, Barcelona, Algeciras, Baltimore, Philadel-phia, New York, Norfolk, Charleston, Los An-geles, Hamburg, the Gulf of Mexico, and St. Petersburg. AEGEAN MARINE PETROLEUM is the market leader in bunkering.

Agency ServicesShips from around the world rely on AEGE-AN AGENCY services at Piraeus, Gibraltar, Fujairah, and Jamaica, from loading and discharging, to spare parts and supplies.

LubricantsAEGEAN 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.

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4 AEGEAN UPDATE

8 AEGEAN MARINE Worldwide Trading News

10 HELLENIC ENVIRONMENTAL CENTER HEC in the European Commission Expert Group on the Review of the EU Directive on Waste from Ships in European Ports

11 RETAIL D-Force Travels Across Greece

12 ENVIRONMENT Going Greener with LED Lighting

14 FLOWS AND CURRENTS Trends and News in the Oil and Energy Fields

16 AEGEAN GAS Aegean Enters LNG Market

22 THE AEGEAN INTERVIEW A Crisis of our Time

Capt. Ilias Syrros, C.O.O. & HQSEE Manager at

Aegean Shipping

24 STATIONS OF THE MONTH • Georgios Tsourapis, Argos

• Siakavaras Bros OE, Kozani

26 MARITIME TRADITION The Adventurous Sponge Divers

of Kalymnos

27 TRAVEL WITH ΑEGEAN Preveza

28 CHILDREN AND THE ENVIRONMENT A Gigantic Underwater Microcosmos

30 AEGEAN COLLECTION Step Out in Style

16 Aegean enters the NG and LNG markets11 The Aegean corporate car fleet proudly carrying the new D-Force diesel fuel logo

22 Capt. Ilias Syrros discusses the humanitarian crisis affecting Greece, the Mediterranean, and Europe

AEGEANMARINEPETROLEUM

contents

Autumn 2015Aegean News is published quarterly by AEGEAN

PUBLISHER & MANAGING EDITOR Raymond Matera

CONTRIBUTING EDITOR Alexandra Loli

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4 AEGEAN NEWS AUTUMN 2015

Hong Kong Shipowners Association Visit

A special delegation organized by the

Hong Kong Shipowners Association and

led by Sabrina Chao, the Deputy Chairman

of the Association and Chairman of Wah

Kwong Maritime Transport Holdings Ltd.,

visited Aegean on September 29, 2015.

The delegation had the support of the

Hong Kong Maritime Industry Council

and InvestHK, and included senior repre-

sentatives of the Hong Kong and Chinese

banking, shipbuilding and legal sectors.

The purpose of this delegation was to

re-introduce the Hong Kong market and promote the vital “super-connector” role that Hong

Kong plays between Chinese maritime industries and the rest of the world.

The delegation also had the support of the Hong Kong government and comprised the follow-

ing delegates:

• Sabrina Chao, Chairman Wah Kwong Maritime Transport Holdings Ltd, Deputy Chairman of

the Hong Kong Shipowners Association and Member of the Maritime Industry Council

• Arthur Bowring, Managing Director of the Hong Kong Shipowners Association

• Benjamin Wong, Head of Transport and Industrial, InvestHK

• Raymond Chung, Permanent Representative to the IMO for Hong Kong SAR

• Jimmy Sun, Deputy General Manager, Bank of China (Hong Kong) Ltd

• Pakco Lam, Team Head, Corporate Banking and Product Management Department, Bank of

China (Hong Kong) Ltd

• Lianjun Li, Partner, Reed Smith Richards Butler and Member of the Maritime Industry Council

• Christoforos Bisbikos, Partner, Watson Farley & Williams Hong Kong

• Andrew Oates, Marketing Associate, Wah Kwong Maritime Transport Holdings Limited

M/T Rizopon Launches Yet Another Immigrant Rescue Operation On September 28, 2015, follow-

ing the instructions of the Italian

Maritime Rescue Coordination Center,

Aegean's ASM tanker M/T Rizopon,

while drifting off Zawia, launched a

rescue operation of 150 immigrants.

The 133 men, ten women and seven

children were found aboard an inflat-

able boat in the waters between

Italy and Libya. The M/T Rizopon

approached the inflatable boat and

tied it to the side of the ship. The

crew offered the immigrants food,

water and milk, and remained at the

site until the Italian coastguard vessel

arrived to pick them up.

Once again, we are proud of the

Captain, Officers and crew and we

congratulate them for the way they

handle such incidents, which unfortu-

nately take place often in the waters

between Italy and Libya.

A E G E A N U P D A T E

Tethering the inflatable vessel to M/T Rizopon

The delegation of the Hong Kong Shipowners Association at the Aegean HQ with Dimitris Melissanidis

The meeting with the Hong Kong Shipowners Association delegation


Aegean Delegation Visits the Port of Khorfakkan One week following the UAE Eid

Holiday, Aegean Marine Petroleum

Station Manager George Moustakas

and Aegean Agency Manager Gireesh

Kumar visited the Khorfakkan Port

Harbor Master, Capt. Abkar Hasson

M. Dabla, and his staff to strengthen

relations with the local authorities.

It was also a good opportunity to

share thoughts and ideas about the

upcoming port and bunkering expan-

sion plans. The meeting proved very

constructive as Aegean has a strong

bunkering presence in the Khorfakkan

anchorage area and port. The two

parties also had the opportunity to

discuss future developments, plans

and opportunities of the Khorfakkan

port, which mostly accommodates

container vessels. Aegean has an

excellent reputation as a bunkers

operator and is highly regarded at the

ports of Khorfakkan and Kalba.

Heating Oil Delivery This winter season Aegean Oil is delivering heating oil directly to

end consumers in Attica. For this purpose the company has set up

a new organizational structure for the operation of the relevant de-

partments, manned them with qualified personnel, and provides the

following services:

• Ordering: The orders reception department accepts orders throughout the week, daily from

8am until 9pm, at the five-digit telephone number 18190.

• Routing and distribution: Company owned tanker trucks handle the delivery of the heating oil.

• Distribution and personnel: All Aegean drivers have gone through special training programs

that ensure the safe and proper delivery of the product.

• Payment options: In addition to cash payments, Aegean customers may opt for the six (6) in-

stallments plan with credit cards, which Aegean offers its customers during these difficult times.

All heating oil orders received through 18190 are implemented in the Attica region quickly,

reliably and with the Aegean guarantee.

Fuel Spill Exercise As part of the Aegean educational program, a readiness exercise took place at the Temeteron service station (branch 8) in Alexandroupolis.Coordinated by Mr. Pistolas, the director of the Aegean facilities in Alexan-droupolis, the exercise was held on September 10, 2015. According to the scenario of the exercise there was a fuel spill upon arrival of the tanker truck at the service station. The staff of the two company owned and operated service stations participated in the exercise, as well as the Aegean truck driver. The participants used all the necessary rescue equipment available to the service station and the spill was handled effectively.

Capt. Abkar Hasson M. Dabla, Khorfakkan Harbor Master, and Capt. George Moustakas

Fuel spill exercise at the Temeteron service station in Alexandroupolis


New EmployeesThe following employees have joined the

Aegean work force.

AEGEAN OILPetros Koumianakis

AEGEAN MARINE PETROLEUMLeonidas Aslanoglou Efstathios Pavlikakis

HELLENIC ENVIRONMENTAL CENTERCharalambos Kamoutsis

ΑEGEAN SHIPPING MANAGEMENTEvaggelia Lekaj

OIL ONECharalambos Nomismatidis Paleologos Kazaniatoras Petros Mostratos Polychronis Meimetis Panagiotis Saboglou

MELCO PETROLEUMGiorgos Sidiropoulos

Visit to South Africa

The “Phakisa” operation, established in April of 2014 as an initiative of Presi-dent Jacob Zuma, and led by the South African government, was designed to fast track the implementation of solutions on critical development issues and focus mainly on unlocking the economical potential of South African oceans.Invited by South African officials, a delegation of top management executives of Aegean Marine Petroleum and the Hellenic Environmental Center (HEC) visited South Africa to meet with authorities related to the shipping industry.The weeklong program was based on shipping, bunkering and the environ-ment (collection and treatment of slops coming from ships). The team visited Port Elizabeth, Cape Town, and Pretoria. These three main sectors represent areas in which Aegean excels, so there could not have been a better choice by the South African authorities to discuss opportunities and prospects Aegean can offer in relation to the Phakisa operation.Among a variety of locations, the group visited the Algoa Bay area with the Coega Development Corporation team, which manages the Industrial Devel-opment Zone of Coega. Plans for developing an oil terminal and a refinery are ongoing in the Coega IDZ area. Algoa bay will be the center of a new bunkering development in South Africa. Vessels will be able to get bunkers in the bay, at anchorage, without having to berth in ports. This bunkering operation, a first and unique kind in South African waters, is expected to attract passing ships that normally do not stop in South African ports for bunkering. A full range of first class services for ships will also be available to all ships when calling a South African port. Regarding the environmental segment, a treatment facility in Algoa Bay collecting wastewaters and slops from ships in all ports of South Africa is in the works.

A E G E A N U P D A T E

Aegean Marine Petroleum and HEC executives meet with representatives of South African official authorities

Logging OnCustomers and associates may log on at: www.aegeanoil.comCustomers and associates of Aegean Marine Petroleum may log on at: www.ampni.com


The Ecumenical Patriarch Bartholomeos opened the 2nd Interna-

tional Pontian Youth Conference at the Vellidio Conference Centre

in Thessaloniki by reciting a Pontian poem entitled “I Fear and Cry”

(Αροθυμώ και τραγωδώ). "We neither fear nor cry when we see the

bright faces of young Pontians. We rather sing for the bright star of

all Pontians," he said. At the opening ceremony the president of the

Greek Republic, Prokopis Pavlopoulos; the President of Cyprus, Nikos

Anastasiadis, through Commissioner Fotis Photios; the organizer

of the steering committee of the event, Alkis Anastasiadis; and the

sponsor of the event, Ivan Savvidis, among others, addressed the au-

dience. The 2nd International Pontian Youth Conference also offered a

rich cultural program. The highlight of the evening was when the room

was flooded by the sounds of 45 children from Giannitsa playing the

traditional Lyra instrument.

Dimitris Melissanidis was present at the event and stated:

"At a time when the wider Black Sea region and the Mediterranean are

in an ongoing crisis, rivalries and conflicts affect Cyprus, Greece and

the Black Sea Hellenism,

At a time when Greece and Cyprus are experiencing an unprecedent-

ed crisis, which affects Hellenism in its entirety,

At a time when the Greeks show signs of intense ethnic and cultural

decline,

The Pontian youth, united and strong, with delegations from distant

Australia, Canada, USA, Armenia, Georgia, Kazakhstan, Russia, Swe-

den, Germany, Cyprus and from all parts of Greece gives a message

of responsibility and militancy to all Greeks and attempts something

that can reverse the course of events and bring hope, that will lead to

a national regeneration.

I read the program of the 2nd International Pontian Youth Conference

carefully and I concluded that the Pontian youth initiatives, tasks and

actions may be a glimmer of light in the darkness that has covered

Greece and Cyprus.

In times like this it is necessary to put aside any differences and proj-

ect a message of unity in all directions.

So, I would also like to declare, under the weight of responsibility,

the severity of the situation and the great task our young people are

called to perform at the 2nd International Pontian Youth Conference,

that I am a warm supporter and promoter of the efforts of the Pontian

youth and that I am glad to be present at the conference, on the side

of Ivan Savvidis, a great fighter for the Pontian Idea, who has offered

and continues to offer a lot to Pontian Hellenism.

Good luck and let’s all stick together…”

The 2nd International Pontian Youth Conference at the Vellidio Conference Centre in Thessaloniki

Students of the Music School of Giannitsa and the Association of Pontians of Giannitsa

The Ecumenical Patriarch Bartholomeos

The coordinator of the organizing committee of the 2nd International Pontian Youth Conference, Alkis Anastasiadis, with Ivan Savvidis

The 2nd International Pontian Youth Conference

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A E G E A N M A R I N E

Piraeus In the framework of constant growth within Aegean’s Trading Department, the Piraeus team welcomes its lat-est member, Mr. Delidimitriou, an experienced industry professional. Alongside Ms. Fikiri and Mr. Pavlikakis, Mr. Delidimitriou will form a dynamic hometown team.Following Aegean's philosophy and strategy, the Piraeus team focuses on creating relationships with new partners in the Mediterranean region, supporting the worldwide Trading Department with technical, legal and organiza-tional issues, as well as overseeing the incorporation of our new set ups around the globe. Our aim is to create an environment where our new colleagues will relate to Ae-gean as their new family, where our new partners will rec-ognize the value and strength of working with us, where our values will consolidate our position as a global partner on the physical supply side, on the lubricants and bunker trading activities. It is also our goal to offer that same se-curity and stability the Aegean name has come to mean all these years, especially in the choppy waters our industry is currently treading in.We are very confident, that with the most recent addi-

tions to the family, the Shanghai operation, Hamburg, St Petersburg, Singapore, Piraeus and Montreal, our goal is a step closer.

Hamburg Supplying fuel physically is not everyone’s

cup of tea. And doing so globally in over

50 ports is in fact an accomplishment, and

Aegean indeed towers above all its inde-

pendent competitors. Following its growth

plan, Aegean rolled out its ambitious

agenda in Hamburg, bringing together a

team of experienced and passionate bunker

specialists in early 2015. The goal is to

expand to areas where we are not physical

yet. Aegean executes over 2,000 physical

supplies/month on a worldwide basis on

average, and our goal is to consistently

grow and add value to this service. Aside

from the supply of fuel, what’s an added

benefit that all customers seek? Service,

one-stop-solutions for all issues pertaining

to bunker-related requirements and topics

starting from sale, operations, quality

control, contract options, credit, invoicing

and to be in continuous touch until the

next requirement. One of our strengths is

our local and global market understanding.

This allows us to ensure reliable bunker

solutions tailored to our customers’ needs,

to share our expert knowledge on latest

industry developments and trends (for in-

stance, LNG and ECA), and to provide our

customers with value-added services such

as, for instance, market reviews. 2015 has

been an exciting year for our team so far.

And we take pride in combining our indus-

try-leading expertise in worldwide trading

and Aegean’s unique supply network to

offer our customers a comprehensive long-

term strategic partnership.

Worldwide Trading News


St. Petersburg Since February of 2015, the Aegean team

in Russia has expanded into the ports of

the Northeast Baltics, the Black Sea and

the Russian Far East. Our office continues

to serve existing corporate clientele, and

has expanded our horizons for many ship

owners, operators as well as brokers seeking

additional value associated with the Aege-

an brand. Our major ports of focus are St.

Petersburg, Novorossiysk and Vladivostok.

However, we are equally competitive at oth-

er smaller ports in all regions of Russia and

Eastern Europe.

Our office maintains high corporate stan-

dards and forms partnerships only with repu-

table suppliers able to provide the customer

with quality products and 24/7 support.

Our streamlined operational updates give

clients assurance of smooth supply and

instant response to any issue. In the past

few months the Russian bunker market has

reached the lowest price levels in years, with

one ton of IFO380 trading well below $190

in all three areas (NW, Black Sea, Far East).

While bunker only calls are not permitted in

St. Petersburg, we can serve transit custom-

ers in Baltiysk, Novorossiysk/Kavkaz and in

all big Far East ports. We encourage custom-

ers to take advantage of our expertise in the

already favorable Russian bunker market.

Montreal ICS Petroleum Montreal Ltd., a part of the globally extend-ed Aegean Marine Petroleum Network Inc., prepares once again to take part in the 81st Annual Grunt Club, sched-uled to take place in the city of Montreal, Quebec, Cana-

da on December 4th, 2015. More than 1300 Grunt Club members and guests, associated with the marine industry from around the world, are expected to attend the Annual Dinner at the Montreal Hilton Hotel.Since the early 1930s, the Grunt Club annual event allows commercial shipping companies, major marine petroleum suppliers, shipping agents and brokers as well as marine fuel trading companies, such ICS Petroleum (Montreal), the op-portunity to exchange views and developments within the in-ternational and national bunkering industry, and provides a springboard to take advantage of new business opportunities, forging stronger and mutually beneficial strategic alliances.ICS Petroleum, Montreal, spanning two decades within the Eastern Canadian market, continues to play a leading role in the provision of marine fuels, serving its client at over 30 ports geographically, based from Halifax to the Great Lakes region. Our extensive experience in bunkering allows us to meet our customers' specific requirements when they bun-ker marine fuels and represent a significant asset to our client base and competitive advantage against competition.


HELLENIC ENVIRONMENTAL CENTER

HEC Participates in the European Commission Expert Groupon the Review of the EU Directive on Waste from Ships in European Ports

As part of the revision of European Directive 2000/59 EC, concerning the management

of waste from ships and the operation of reception facilities in ports, HEC participated

with the Director of Research and Development, Michalis Psaromichalakis, in the European

Sustainable Shipping Forum of national delegations and experts, organized by the

Directorate General for Mobility and Transport (DG Move) of the European Commission.

The forum took place in Brus-sels on October 1, 2015 with the main objective the harmo-nization of charging systems applicable to different EU ports. For this reason the participants presented models of ports in Sweden, Bremerhaven, Barcelona, Piraeus, Le Havre, and Dutch-Belgian ports. The presenta-tions highlighted the significant differ-ences not only between States but also ports within the same Member State.

Each port defended the system of fees and charges for ship waste that is applicable in their case, while all ports claimed successful results in their system’s implementation. Due to the complexity of the issue, the findings and the proposal which will be submitted to the European Commission, based on the subsidiar-ity principle governing the European Law, is the non-involvement of the

Commission in the charging system applied by each port, provided this is not contrary to the principles and the requirements of Directive 2000/59.

This way the idea of applying a com-mon system is abandoned. The partic-ipants of the forum discussed the need of the Commission's alignment with the requirements of ISO:16304/2013 for waste reception facilities for ships.

HEC is the first company to be certi-fied against this standard in Europe as of February 2014.

The next meeting of experts will be held by the end of this year, so that the final outcome be submitted to the Commission in early 2016. With this timetable, the revised Directive is ex-pected to be implemented earlier than 2019.


R E T A I L

Cars in the Aegean fleet now proudly carry the new D-Force diesel fuel logo.

D-Force Travels Across Greece!

Aegean’s new diesel fuel D-Force entered the market in December 2014—and diesel vehicle drivers have already noticed its exceptional features and advantages. Today, drivers are eagerly requesting D-Force at the pump of Aegean service stations.

The new D-Force diesel fuel, which is available at selected service stations of the Aegean network, contains the most technologically advanced additives that allow D-Force for cars with a diesel engine to:• increase the cetane number up to three units, which means improved ignition

quality, better cold start and more acceleration• reduce fuel consumption by up to 3%• clean injectors, giving optimum spraying capabilities and keeping the entire en-

gine clean• reduce engine noise• provide substantial protection against corrosion and increases engine life

The Aegean corporate car fleet at Aegean’s Thessaloniki office


E N V I R O N M E N T

Going Greener With LED Lighting

In a move to improve its

environmental performance and

reduce its CO2 footprint, Aegean

has replaced all bulbs in its 9-story

headquarters in Piraeus with ultra-

efficient LED bulbs.

CO2 Emissions ReducedLEDs are recognized as the best option for lighting in all buildings as they significantly reduce CO2 emissions compared with both incandescent and CFL bulbs. LED bulbs contain no mercury, a major boost to health and waste management.

40X LifespanLEDs (light emitting diodes) last for a whopping 40,000 hours whereas an incandescent bulb burns out, on average, after 1000 hours of opera-tion. That’s 40 regular bulbs for every LED bulb! With such performance,


maintenance costs are reduced as is the need to store and extensive supply of replacement bulbs.

Less ElectricityIn addition, LED bulbs consume far less electricity: an incandescent bulb consumes 60 watts while the LED bulb uses just 12.5 watts (and a CFL 25 watts).

This kind of performance would have staggering environment affects if LEDs were used globally. In fact, if LEDs replaced all existing bulbs, world oil consumption would be reduced by almost 1 billion barrels over 10 years and 15% of global energy consumption would be saved.

Health BenefitsAnother key benefit relates to health—LEDs have been shown to improve motivation, concentration, and energy in the workplace, as well as add to mood support in common areas, such as dining halls. As they are flicker free, LEDs also reduce headaches and eye strain.

The United States Environmental Protection Agency calculates that LED lights will save 88 terawatts-hours of electricity from 2010 to 2030, enough to power seven million homes for an entire year. Put into per-spective, Greece has roughly 6.3 million homes.

Aegean and LEDAt Aegean headquarters in Piraeus, the entire stock of light bulbs have been replaced with LED light bulbs, an investment upgrade that Aegean believes will have a triple return on investment—environmental, human, and financial.

With roughly 10,000 square meters of space, Aegean’s headquarters are demanding in their need for effective lighting to serve its nearly 350 employees.

In addition to savings in open space office areas, Aegean has installed sensors in those spaces used more infrequently, rest rooms, hallways, the parking garage, storage areas and the like. In this way, lighting is on only when in actual use, adding up to a 70-90% savings.

To date, the savings have been significant: Aegean’s building manage-ment team notes that it estimates return on investment to be realized in just 20 months.

Positive Employee ReactionEmployee reaction has been positive. Antonis Pavlakis, Aegean’s HR Manager, says: “Staff report that they in favor of this important initiative since they feel it is vital to support environmental protection in the work-place, as they do in their homes.” “Plus,” he says, “people have reported that their office space has a softer, more welcoming atmosphere.” Since LED bulbs emit almost no heat, this also makes the overall office climate more natural.

Aegean is proud to invest in a better workplace, improving our earth’s atmosphere, our building footprint, and our employee’s work environment.


F L O W S A N D C U R R E N T S

Increased Pressure from Overfishing and Climate Change

The combination of overfishing and climate

change, and our own prosperity, endangers

the health of the oceans. It is imperative

that we take urgent and concerted action to

improve the ocean ecosystem.

The rapid rise in human population and in-

come has caused an increase in demand for

fish. Three billion people worldwide depend

on fish as the main source of animal protein,

essential micronutrients, and fatty acids.

However, climate change also affects the

oceans. For example, the increase of carbon

in the atmosphere is triggering ocean acidification. This has changed the chemistry of the

water and is threatening entire food chains.

Nevertheless, there is still hope. We need to make changes in fisheries policies, equipment

and techniques that will result in less damage to the ocean. By renewing the global energy

system to reduce fossil fuel use, we could limit the warming of the oceans and the levels of

carbon dioxide.

A Fully Autonomous Ship The University of Plymouth in the United Kingdom is designing a full-sized fully autonomous ship, the Mayflower Autonomous Research Ship (MARS). The new vessel will be powered by renewable energy and will act as a platform for conducting scientific research experiments, as well as serve as a testing ground for new browsers and alternative energy sources, and a living educa-tional resource.For the design of the MARS the university is working with individuals with expertise in the construction of autonomous vessels. The construction of the MARS is expected to last two and a half years. This self-catering boat, the first of its kind, will sail the Atlantic in 2020, after a test phase of one year. The year 2020 was chosen because it is the 400th anniversary of the historic Mayflower sailing from Plymouth to North America. The MARS will follow the same route.

New Guidelines for Accident Prevention in Enclosed Spaces Onboard It is widely known that every year

many fatal accidents are recorded

in enclosed spaces onboard. Since

early this year, according to a new

regulation (SOLAS 19) all ships

must carry mandatory entry and

rescue drills every two months. This

is a measure that aims at taking this

problem seriously and proving its

efficiency with fewer losses.

In the first nine months of 2015,

it is expected that around 10,000

ships will be inspected. The proce-

dures and ship security measures to

protect personnel, according to the

new Regulation, will be the focus of

those checks, namely that the crew

members have received adequate

training in order to fully understand

the risks and that they are familiar

with equipment use in indoor areas

of the ship.

If deficiencies are observed, sanc-

tions will range from recording the

deficiencies and requiring its rec-

tification within a certain period of

time, to the detention of the ship

until the problems have been rec-

tified.

Source: Bimco


Lloyds Register Participates in Lifeboat Best Design StudyThe University of Newcastle and the

Royal National Lifeboat Institution

(RNLI) with support from Lloyds

Register are examining the design of

all-weather lifeboats. The four-year

project will help improve performance

while providing the safest possible

environment for the crew.

Using computer models, small-scale

experiments and full-scale tests for the

analysis of the behavior of lifeboats on

a range of speeds and in different cir-

cumstances, the findings will contribute

to setting new standards for speed,

safety and efficiency.

“When the RNLI’s lifeboats travel at

speed and in rough seas, they can be

subject to frequent and significant

slamming as the boat crashes against

the waves. Measuring these forces and

the resulting impact on the vessel is

crucial in order to design a craft that

is capable of withstanding the loads

experienced during rescue operations,”

said Federico Prini, Project Leader

and Researcher at the University of

Newcastle.

Jesus Mediavilla, Lead Specialist of

LR, who oversees the project, said: “LR

has been committed to improving the

safety standards of vessels at sea for

more than 250 years. This project will

help to de-risk the operation of life-

boats, by improving current knowledge,

and potentially contributing to further

improvement of our special craft rules.”

Source: Lloyd’s Register

Piraeus Among Leading Ports Around the World The port of Piraeus is one of the largest container ports in the world, according to Lloyd's

List 2015. For the first time in its history, and despite the economic crisis, the port of

Piraeus was in 39th place in the "Containerization International Top 100 Ports,” based on

cargo capacity and movement of its container ships. In just four years, Piraeus has climbed

54 positions, having grown into one of the most competitive ports in the world, thanks

to the effective implementation of strategic policies and cooperation with major terminal

operators such as Cosco.

Meanwhile, the Piraeus Port Authority (PPA) has achieved increased profitability in the first

half of 2015, with a 130.5 percent increase in after-tax profit to 7.6 million Euros, compared

to 3.3 million Euros in the first half 2014.

Underwater Inspection with a Remotely Operated Vehicle

In June 2015, the scientific staff of ASI Marine carried out an un-derwater inspection of the Cheves Hydropower Tunnel in Peru at a depth of 570 meters with a remotely operated vehicle (ROV) equipped with a range of sensors, including sonar and video for the collection of data. This tunnel is approximately 9.8 kilometers in length. The ROV,

which is controlled and powered from the surface, was specifically designed by ASI for this type of work and is unique. The purpose of the audit was to collect data for a general assessment of the structural engineering of the tunnel and identify important abnormalities such as deformations, major cracks, rubble, partial collapses and accumulations of rocks.


A E G E A N G A S


Aegean Enters LNG MarketAs the global energy market evolves, Aegean is again positioning itself to be at the center

of emerging developments. 2015 sees Aegean entering the NG and LNG markets (Natural

Gas; Liquefied Natural Gas), focusing on the supply chain of NG and LNG.


Entering the NG and LNG mar-kets allows the company to leverage its extensive experience in the global shipping, bunkering, and environmental sectors and to establish the Aegean brand in one of the most dynamic energy fields on a global scale.

At the first stages of its presence in the LNG market, Aegean Gas is focusing on the import, marketing and distribution of gas, that is to be

transported by special vessels, from the source of extraction and from liquefaction plants, to LNG regasifi-cation (import) terminals across the Mediterranean, Europe, Northeast Africa and South Asia. It will supply LNG under both short market and medium/long supply contract from

the world’s largest LNG producers.In addition Aegean will be engaged

in supplies from the market by major traders and middle stream gas com-panies operating in Europe and in international markets.

Aegean’s broad and deep global experience in energy transportation and shipping, energy storage and distribution, bunkering services, fuels and natural gas, oil products,

liquefied natural gas supply chain, fa-cilities, land and onshore fuel and gas infrastructure, port storage facilities and marine environmental services related to sea-port reception facili-ties all play an important role in the development of the new Aegean Gas operations.

A E G E A N G A S

The Aegean Commitment “Aegean Gas is committed to the sustainable development of NG and LNG supply. We consider that energy is the key driver for the development of society and eco-nomic growth. We are committed to building a sustainable future by increasing the use of eco-friendly fuels such as Liquefied Natural Gas. LNG is a key fuel in today’s energy mix and Aegean is excited to explore business opportunities in this sector.”The executive team and BoD man-aging the Aegean Gas endeavor, with its extensive experience and expertise, is ideally suited to oversee the mission for Aegean-to become a leader in the LNG supply value chain. As the company ex-pands in diverse global markets, Aegean is able to draw on the deep expertise, insights, knowl-edge, and market understanding that its management has. In addi-tion, new executives are brought on board to complement the Ae-gean vision. Board Member and CEO of Aegean Gas is Theodore Theodoropoulos, who comes from the Qatar Petroleum family.

Entering the LNG and NG markets allows the company to leverage its extensive experience in the global shipping, bunkering, and environmental sectors and to establish the Aegean brand in one of the most dynamic energy fields on a global scale


What's LNG?LNG is natural gas that is cooled into liquid form at -160 degrees Centigrade, reducing it to one-six-hundredth of its original size. It is stored and transported in insulated tankers which minimize vaporization resulting from heat ingress. The LNG is then transported by tankers to a variety of destinations. On arrival, it is then converted back into a gaseous form for delivery to end users, such as power stations, industries, commer-cial buildings and residential units.

LNG is composed of a mixture of hydrocarbon gases that occur with petroleum deposits, principally meth-ane together with varying quantities of ethane, propane, butane, and other gases, and is used as fuel and in the manufacture of organic compounds. Liquefied natural gas or LNG is nat-ural gas (predominantly methane, CH4) that has been converted tempo-rarily to liquid form for ease of storage or transport.

Liquefied natural gas takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non-toxic and non-corro-sive. Hazards include flammability, freezing and asphyxia.

The LNG ProcessThe gas is first extracted and trans-ported to a processing plant where it is purified by removing any conden-sates such as water, oil, mud, as well as other gases such as CO2 and H2S, and sometimes solids such as mercury.

The gas is then cooled, in stages, until it is liquefied. LNG is finally stored in storage tanks and can be loaded and shipped. The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocar-bons, which could cause difficulty downstream. The natural gas is then

condensed into a liquid at close to at-mospheric pressure (maximum trans-port pressure set at around 25 kPa/3.6 psi) by cooling it to approximately −162 °C (−260 °F).

The reduction in volume makes it much more cost efficient to transport over long distances where pipelines do not exist. Where moving natural gas by pipelines is not possible or economical, it can be transported by specially designed cryogenic sea vessels (LNG carriers) or cryogenic road tankers.

The energy density of LNG is 60% of that of diesel fuel.

LNG TransportationAn LNG carrier is a tank ship de-signed for transporting liquefied nat-ural gas (LNG). As the LNG market grows rapidly, the fleet of LNG carri-ers continues to experience tremen-dous growth.

LNG StorageA liquefied natural gas storage tank is a specialized type of storage tank used for the storage of Liquefied Nat-ural Gas. LNG storage tanks can be constructed in ground, above ground or on LNG carriers. The common characteristic of LNG storage tanks

“We are committed to building a sustainable future by increasing the use of eco-friendly fuels such as Liquefied Natural Gas”


is the ability to store LNG at the very low temperature of -162 °C (-260 °F). LNG storage tanks have double containers, where the inner con-

tains LNG and the outer container contains insulation materials. The most common tank type is the full containment tank. Tanks are roughly 55 m (180 ft) high and 75 m (250 ft) in diameter (=250 000 m³). In LNG

storage tanks if LNG vapors are not released, the pressure and tempera-ture within the tank will continue to rise. LNG is a cryogen, and is kept in

its liquid state at very low tempera-tures. The temperature within the tank will remain constant if the pres-sure is kept constant by allowing the boil off gas to escape from the tank. This is known as auto-refrigeration.

LNG Regasification TerminalLNG regasification terminals are the keys to unlocking markets. In regas-ification terminals, the ultimate des-tination of LNG carriers, the liquefied natural gas is returned to its initial, gaseous state, then fed into transmis-sion and distribution networks.

OnShoreRegasification terminal– Land facility for receiving, unloading, storing and re-gasifying LNG, usually including breakwaters, tanker berthing and oth-er marine facilities.

OffShoreRegasification terminal – Offshore fa-

“LNG is a key fuel in today’s energy mix and Aegean is excited to explore business opportunities in this sector”

A E G E A N G A S


cility for receiving, unloading, storing and re-gasifying LNG.

The Benefits of LNG vs Gas Transported by PipelinesThe biggest advantage of having ac-cess to the LNG market, and being able to import it, is the existence of alternative sources of LNG supply, which is necessary both for the safety of the total company supply to meet the needs of its clients, as well as for the correction of the Load Factor of its consumers-clients for whom the imported LNG is intended. Further-more, and important for countries such as Greece, is that the supply and import of LNG also contributes to

the overall security of gas supply of Southeast Europe, since the supply of LNG is not affected by geopolitical

or other financial problems that may occasionally occur in transit countries through which the gas supply pipe-lines transit.

In terms of price, changing condi-

tions in the world natural gas market in the last three years have affirmed LNG as being a much more competi-

tive commodity to pipeline gas, due to the collapse of prices in the world's largest market, the U.S., brought on by the development of indigenous shale gas (nonconventional gas).

Aegean Gas is focusing on the import, marketing and distribution of gas…to LNG regasification (import) terminals across the Mediterranean, Europe, Northeast Africa and South Asia


Clearly the issue of migrants is one of the most serious challenges for Europe at the moment. Give us an idea of its parameters. Migrants and refugees streaming into Europe from Africa, the Middle East, and South Asia have presented European leaders and policymakers with their greatest challenge in recent years. The International Organization for Migration calls Europe the most dangerous destination for irregular migration in the world, and the Mediterranean the world's most dangerous border crossing. Yet despite the escalating human toll, the European Union's collective response to its current migrant influx has been ad hoc and, more focused on securing the bloc's borders than on protecting the rights of migrants and refugees.

Greece has increasingly been an entry point for migrants from the south—North Africa, as well as the east—the Middle East and beyond. What are the characteristics of this phenomenon on a daily basis in relation to numbers and vessels involved?It is estimated that more than 464,000 migrants have crossed into Europe by sea for the first nine months of 2015. Syrians Afghans and Eritreans fleeing forced labor (7 percent) made up the three largest groups of migrants. Deteriorating security and grinding poverty in Iraq, Ni-geria, Pakistan, Somalia, and Sudan also contribute to the migrant influx.

EU member states hardest hit by the economic crisis, like Greece and Italy, have also served as the main points of entry for migrants and refugees due to their proximity to the Mediterranean Basin.

How is Greece responding to this massive wave of people entering its borders?Greece's volatile economic situation, combined with the increasing numbers of new arrivals, is putting severe strain on small island communities, which lack the basic infra-structure and services to adequately respond to the grow-ing humanitarian needs. The numbers of people arriving are now so high that, despite all efforts, the authorities and local communities can no longer cope.

By 2012, 51% of migrants entering the EU without proper documents did so via Greece. This trend shifted in 2013 after Greek authorities enhanced border controls under Operation Aspida (or "Shield"), which included the construction of a barbed-wire fence at the Greek-Turkish border. But by July 2015, Greece had once again become the preferred Mediterranean entry point, with a reported 132,240 illegal EU border crossings for the first half of 2015, five times the number detected for the same period last year.

And how is the Hellenic Coast Guard able to respond to this humanitarian crisis?Greece lies on the southeastern edge of Europe, on the eastern basin of the Mediterranean Sea. Greece’s coastline is larger than most due to the existence of the thousands of Islands that surround the mainland. In a straight line, the distance from the north to the southernmost point is 792 km and from the westernmost to the Easternmost 992 km. The total length of coastline along the shores of the islands, reaches 15020.9 km. In other words, a straight line along the Greek coastline is the distance from the Greek capital,

Capt. Ilias Syrros, C.O.O. & HQSEE Manager at Aegean Shipping, discusses the humanitarian

crisis affecting Greece, the Mediterranean, Europe and, of course, the people fleeing unstable and

dangerous environments.

A Crisis of our Time

T H E A E G E A N I N T E R V I E W


Athens, to Cape Horn in South America or to the eastern part of New Guinea.

There is too much distance for the Coast guard to be able to properly monitor the points of entry. Hence their primary role nowadays is the rescue operation of all vessels in distress in its territorial waters.

The number of migrants who are losing their lives in the Mediterranean continues to increase dramatically. Over a recent week in early September, an estimated 72 migrants have lost their lives in their attempt to cross into the Greek islands from Turkey. The International Organization for Migration (IOM) estimates that from September 11th to September 13th approximately 20,000 migrants have been registered in the Greek islands.

With such an increase in rescue missions, there is very little the Hellenic Coast Guard can do other than be there for the initial marine emergency response.

Are you hopeful the situation will improve during the next several months?No. With the onset of the Northern Hemispheres’ winter season, migrants are changing the land routes employed during the summer months, however those that still choose the passage by sea, will be met with even more treachery on the high water due to the prevailing weather conditions.

Hence, it can be expected that there will be an increase in the engagement of the merchant fleet to keep assisting in search and rescue operations.

Merchant ships are legally bound to rescue those in need, under the 1982 United Nations Convention on the Law of the Sea. However, the rescue of sometimes several hundreds of people compromises the safety and the health conditions of the entire ship. There is no proper accom-modation for additional people as merchant ships are designed to sail with crew on board as per their Safe Man-ning Certifications. Usually this does not exceed twenty persons, hence there are not enough life-saving appliances for any extra migrants.

Finally, it has been observed frequently recently, that the vessel’s destination countries, refuse the migrants’ dis-embarkation and the vessel resulting in huge troubles with local authorities.

Companies such as Aegean have responded proactively by picking up overflowing boats—even saving lives. How im-portant are actions like these in these difficult times?The actions of companies experienced in the internation-al arena, such as Aegean, in proactively assisting rescue missions is imperative during this crisis. Irrespective of the risks associated with such as explored above, it is the responsibility of all vessels to ‘rescue’ those in need.

Our M/T Rizopon has been involved in 4 rescue at-tempts in the Mediterranean Sea, in the waters between Italy and Libya where she regularly trades. Our most recent assistance was provided on September 28 where the vessel was notified by the Italian Coast guard of some 150 refu-gees in lifeboats. The crew of our M/T Rizopon managed to save 133 men, 10 women and 7 children which were fed supplies and assisted until the Coast Guard could ‘safely’ assist the movement of the refugees to a ‘safe’ port of entry.

Without the assistance from the international merchant fleet in such difficult circumstances, we are sure the death toll of such displaced people would be even higher than current levels.

Capt. Ilias Syrros

Our M/T Rizopon has been involved in 4 rescue attempts in the Mediterranean Sea, in the waters between Italy and Libya where she regularly trades


S T A T I O N S O F T H E M O N T H

Talk to us please about your business. How long have you had this job?This service station has been in op-eration since 1966. In the beginning my grandfather managed it and then my father took over. I try to help him

out as much as I can since he is now quite old. This is a purely family busi-ness with a long tradition of 50 years. My grandfather is widely known in the region for selling fuel even when there wasn’t yet any electricity here. In 1966 he was the one to install the first pumps in the area.

What kind of services do you offer? Tell us a few words about your customers and your work.We sell Aegean fuel, lubricants and heating oil. At our service station our customers are tourists—travelers heading to Athens or Nafplio—and many locals, especially during the agricultural season. We are not fac-ing a particular problem with the competition.

How long have you been part of the Ae-gean retail network?We started working with Aegean when the company was just starting, in 2001.

What made you select Aegean?We decided to join the Aegean network of service stations since we were not happy with our previous supplier. At some point I remember there being a general meeting of service station own-ers in the region and after this meeting, which took place in Kefalari, Argos, we were all in agreement with Mr. Melis-sanidis and decided to come to Aegean!

How is it to work with Aegean?We have been working with Aegean for 15 years already and our work re-lationship is very good.

What is your relationship like with your customers? How does that affect your work?We make it a point to be friendly with our customers, whether they are simply visiting the area or regu-lar customers from our region. Our customers are extremely happy with the Aegean product line and their kind words and smile give us great satisfaction.

The service station of Giorgos Tsourapis is located in Neo Ireo, just five kilometers from Argos

and six kilometers from Mykinae, near the main road to Argos. We spoke with Mr. Giorgos’

son, Yiannis, who helps with the family business.

A Long Family Tradition Georgios Tsourapis, Argos

Our customers are extremely happy with the

Aegean product line and their kind words and smile give us great satisfaction

Mr. Tsourapis’ service station

The local community of Neo Ireo, or Chonika as the area is otherwise known, belongs to the municipality of Argos - Mycenae in the Regional Unity of Argolida of the Peloponnese. Mr. Tsourapis explained to Aegean News that many tourists visit the area to see the ancient sanctuary of Neo Ireo, dedicated to the goddess Hera.


Please talk to us about your service station and the services you provide. At our service station we sell every-thing! Fuel, lubricants, heating oil, spare parts, you name it. We also maintain a car wash and lubrication center. We employ a staff of two.

Since when has this service station been in operation? How long have you personally been in the fuel business? Our father opened this service station in 1977. At about the same time my

brother and I started working here. Now, we handle the business.

How did you choose Aegean? Have long have you been a part of the Aegean retail network?We have been working with Aegean for the past four months. We have recently had a general renovation at our service station. We changed ev-erything. We wanted to make a new beginning. We had been hearing very goods things about Aegean from oth-

er service station owners that we col-laborate with and we decided to make this change to improve our business.

How has your collaboration with Aege-an been so far? What has your impres-sion of your new supplier been in this short while? Our cooperation with the people of Aegean is excellent. At the moment I cannot say anything about the differ-ence in our consumption and profits, as it is still very early. Yet our initial data is encouraging. Now heating oil

season will start and work will pick up.

What is the relationship with your cus-tomers like? How did they react to the change in suppliers and what do they think of the Aegean brand? Our customers are many passersby and plenty of locals. The locals trust us and keep coming after the change in sup-pliers, while passersby stop because they recognize the Aegean brand. Ma-ny of our customers ask for D-Force, the new fuel for diesel engines. It has been a great success.

A Fresh StartSiakavaras Bros ΟΕ, Kozani

The service station of the brothers Dimitris and Yiannis Siakavaras is located in Kozani, in the

region of the General Hospital of Kozani, on the main road to Ptolemais. Aegean News talked

with Dimitris Siakavaras on the business he maintains with his brother and their very recent

decision to join the Aegean retail network.

The service station of Siakavaras Bros

Built among the mountain ranges of Vermio, Bourinos and Pieria, Kozani is the capital and largest city of the region of Western Macedonia. Kozani has more than 55,000 inhabitants, the majority of whom work in the local lignite electricity facto-ries. Kozani is located 120 km from Thessaloniki and 470 km from Athens.

Many of our customers ask for D-Force, the new fuel for diesel engines. It has been a

great success.


M A R I T I M E T R A D I T I O N

The Island of Sponge DiversAccording to historians, the first in-habitants of Kalymnos were the Kares, who settled on the island in the second millennium BC. The first mention of Kalymnos appears in Rhapsody B of Homer’s Iliad, where the poet lists the cities that took part in the expedition against Troy. Since the ancient times Kalymnos has known many conquer-ors; Persians, Romans, Venetians, Knights of St. John, Turks and Italians have left their mark on the island. Today Kalymnos, with a total area of 109 square kilometers, has a lively commercial life and a vivid island at-mosphere. At 183 nautical miles from Piraeus, Kalymnos is known as the "Island of Sponge Divers."

A Long TraditionSponge diving is a tradition for most families in Kalymnos. Secrets of free diving are passed from father to son,

and most of the families on the island have at least one sponge diver among them.

According to historical data, each year the activity of sponge diving started in early May when a small group of people with a boat and some supplies (such as meat, rice, olives, and cheese) went out in the open sea in search for sponges. Their only tool was the strength of their breath and a 15-kilogram skandalopetra, a rounded stone tied on a rope to the boat, which helped them get to the bottom quickly. The sponge divers returned to the is-land in early September and sold their sponges to merchants on the island.

In the old days people went after sponges with no special uniform or gear. They used no mask or flippers. The captain, who was on the boat, used a piece of glass to point to the diver where the sponge was, often at a depth of 30 meters.

Nowadays, young people who want to learn new methods of sponge diving have the ability to do that at the diving school of Kalymnos, which is unique in Greece. However, not many young people are engaged with the profes-sion of sponge diving any more. First, climate change has affected sponges and their quantity. And second, locals complain about the indifference of the State to the difficulties they face.

A Dangerous ActivitySponge diving is not for the faint of heart, as it poses several risks. Apart from the risk of being short of breath and experience a deep-water blackout, the most fundamental danger that lurks in every dive is divers' disease, which describes a condition arising from dis-solved gases coming out of solution in-to bubbles inside the body on depres-surization. This dangerous condition can lead to paralysis or even death.

As tombstones found in Cyprus and Sicily prove, the Kalymnians are famed for their love

of the sea. The occupation of the inhabitants of the island of Kalymnos with the dangerous

profession of sponge diving is lost in the mists of time. The old and new Kalymnian sponge

divers have always had just their boats and boldness as allies.

The Adventurous Sponge Divers of Kalymnos


PrevezaPreveza sure has its fanatic admirers, who characterize this small

picturesque town as beautiful in summer, and also as sweet,

melancholic and nostalgic during the other seasons of the year.

Must SeeThe Old Town of Preveza A walk around the old town is a must. In addition to many in-teresting tavernas, the visitor will see stone alleys with old houses, such as the famous Saito Pazar, where the poet Karyotakis lived, as well as the churches of St. Athanasius and St. Charalambos.

Nikopolis Octavian Augustus built this Roman city after his victory over Cleopatra and Mark Antony at the Battle of Actium. Travellers can visit the city walls, the conservatory, the mon-ument of August, the baths, some excellent mosaics and the museum.

The Castle of Pantocrator At a distance of about three kilometers from the town center stands the castle of Pantocrator. The castle faces the town on one side and the sea on the other, making it the ideal destination for sunset, when visitors can take a stroll on the settlement’s walkway along the water.

Acheron River The Acheron river springs from the villages Serziana and Systrouni in the region of Lakka, Souli. From the village of Trikastro begins an incredibly beautiful path along the river, which runs through the nar-rowest point, the Gates of Hades, and ends in the village of Glyki.

Zalogo The monument of Zalogo, located at the point where the women of Souli committed suicide to avoid falling into the hands of the Turks, compensates the visitor with its rich history and unparalleled views. Nevertheless, be warned: there are just over 400 stairs to reach the monument.

Parga Parga is a popular summer destination. With its alleys reminiscent of an Ionian island, the small island opposite the harbor and the castle overviewing the whole town, Parga will surely impress any traveller. Visitors are en-couraged to board a boat at the port and visit the nearby islands of Paxi.

T R A V E L W I T H A E G E A N

Aegean service stations

A s the capital of the homonymous prefecture, Preveza is a well-con-nected port in Epirus. Since 2002, Preveza has been linked with the mainland via the high-tech underwater Preveza-Aktio tunnel. The small town of Preveza is therefore easy to reach and just a short dis-tance from Athens through the Aktion-Preveza underwater link, as well as from Thessaloniki via the Egnatia highway.

As a small country town, Preveza can offer visitors relaxation and, as it is widely known around Greece, good food. With Amvrakikos Gulf on one side and the Ionian Sea on the other, guests can feast on a variety of delicious fish like the Papalina sardine and seafood such as the famous blue-colored Gabari prawn, which the locals accompany with Pilavas Ouzo.

Πάργα

I Protect the Environment-I Safeguard my FutureBy 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.

CHILDREN AND THE ENVIRONMENT

I BECOME INFORMED - I INFORM OTHERS - I ACT

28

A Gigantic Underwater Microcosmos


Thanks to the enthusiasm of divers and ocean researchers, the fascinating microcosm

of the seabed is no longer a vast mystery. Today, with the help of technology, we can

all study and admire the enchanting world of the ocean just like divers experience

it and immortalize it through their camera lens. With the magnifying power of an

underwater camera and the laboratory microscope, the human eye has the ability to

discover, up close, amazing images of even the most microscopic aquatic organisms.

So, the infinitely small marine microorganisms are transformed into "giants" with

awesome features.

Source: Nikon Small World Photography Competition


The microscopic marine organism Cristatella mucedo

6,5χ

A microscopic organism of the Membranipora species found on

seaweed and kelp

20χ

Starfish

8χ

Cyanobasteria

20χ

Live marine red algae (Neoptilota asplenoides)

40χ

Coral of the Goniastrea species

25χ

100χ

Seaweed Acetabularia calyculus

800χ

Microscopic algae of the Arachnoidiscus species

100χ

Coral dust

400χ

An organism of the Sonderia species that preys upon various algae and

cyanobacteria


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

AEGEANCOLLECTION

Step out in style with the Aegean Collection

Aegean Shop at the Aegean Headquarters—

10 Akti Kondyli, 18545, Piraeus, Greece


Aegean’s websiteswww.aegeanoil.comwww.ampni.com

Aegean Energy for the FutureAegean 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 inter-nationally and domestically to transport petroleum and bunkers for its global base of clients.

RETAIL MARKETThrough 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 newbuild-ings—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 Pirae-us and Patras, and in Gibraltar, Amsterdam-Rotterdam-Antwerp, Fujairah, Jamaica, Singapore, Trinidad & Tobago, Portland UK, Vancouver and Montre-al, Mexico, Tangiers, Las Palmas and Tenerife, Panama, Barcelona, Algeciras, Baltimore, Philadelphia, New York, Norfolk, Charleston, Los Angeles, Ham-burg, the Gulf of Mexico, and St. Petersburg. 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.

SHIPPINGAegean'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.green-fleet.gr) incorporates the latest technologies to ensure reduced operating costs and reduced emissions, while increasing overall performance.

LUBRICANTSAegean 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 success-ful relationships and allow Aegean to supply lubricants in more than 550 ports worldwide.

ENVIRONMENT-HECThe Hellenic Environmental Center collects, transports and processes oil residues from ships and land units (industrial, shipyards), while it also manages all liquid resi-dues 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.

TRADINGAegean 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 Gas · 2015. 11. 24. · Aegean Marine Worldwide Trading News HEC In European Commission...

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Transcript of Aegean Gas · 2015. 11. 24. · Aegean Marine Worldwide Trading News HEC In European Commission...