Aegean News · Every day, each one of us uses energy. Globally, we consume about 15 terawatts (that...

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HEC Workshop on Ports and the Environment Water The Origin of Life Interview Apostolos Poulovassilis Lloyd's Register Regional Marine Manager for Europe, Middle East & Africa (ΕΜΕΑ) Plus Flows & Currents Travel with Aegean Aegean News SPRING 2013 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 and the Environment A Strong Partnership

Transcript of Aegean News · Every day, each one of us uses energy. Globally, we consume about 15 terawatts (that...

Page 1: Aegean News · Every day, each one of us uses energy. Globally, we consume about 15 terawatts (that would be 12 zeros, 15,000,000,000,000 watts) of energy annually. We drive more

Η Aegean και το Περιβάλλον

Μία Ισχυρή Συνεργασία

HECΗμερίδα για το Λιμάνι και το Περιβάλλον

Νερό η Πηγή

της Ζωής

ΣυνέντευξηΑπόστολος

Πουλοβασίλης Lloyd's Register Regional Marine Manager Europe, Middle East and Africa

(EMEA)

ΑκόμηΤάσεις & Εξελίξεις

Ταξίδια με την Aegean

Aegean NewsΑΝΟΙΞΗ 2013

ΤΟ ΤΡΙΜΗΝΙΑΙΟ ΠΕΡΙΟΔΙΚΟ ΤΗΣ AEGEAN

HECWorkshop on Ports and the Environment

Water The Origin

of Life

InterviewApostolos

PoulovassilisLloyd's Register Regional

Marine Manager for Europe, Middle East &

Africa (ΕΜΕΑ)

PlusFlows & Currents

Travel with Aegean

Aegean NewsSPRING 2013

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 and the Environment

A Strong Partnership

Page 2: Aegean News · Every day, each one of us uses energy. Globally, we consume about 15 terawatts (that would be 12 zeros, 15,000,000,000,000 watts) of energy annually. We drive more
Page 3: Aegean News · Every day, each one of us uses energy. Globally, we consume about 15 terawatts (that would be 12 zeros, 15,000,000,000,000 watts) of energy annually. We drive more

SPRING 2013 AEGEAN NEWS �

Every day, each one of us uses energy. Globally, we consume about 15 terawatts (that would be 12 zeros, 15,000,000,000,000 watts) of energy annually. We drive more than one billion vehicles, live in more than 1.5 billion homes, and work and study in hundreds of mil-lions of offices, factories, schools, stores, hospitals, and other structures.

More than 100,000 ships transport everything we consume. It is estimated that every day there are more than 50,000 airline flights. And the world’s rail-roads traverse millions of kilometers every day, carrying passengers and freight.

We use energy to move, to cool and heat structures, to manufacture, trans-port, store and sell goods, to teach, to care for, and to live with each other. We use it to cook our food, to entertain ourselves, and to create works of art.

It is clear that we have vast energy needs. It is also clear that we must ensure that we have energy for our children and, at the same time, carefully look after our environment.

Aegean understands we all have a responsibility to protect and sustain our natural world while responding to the energy needs we all have, every day.

We all must be stewards of the lakes, rivers, seas and forests that give us life, that are part of our lives. Our world is one world. Our economy is global. Our interests are common.

As carbon emissions affect our climate and our environment, it is important to build the world for our children, and their children, with a smart, realistic strategy. Regarding energy, we must adopt a three-pronged approach: to reduce CO2 emissions now, to create more energy-efficiency as we move forward, and to develop game-changing technologies for the future.

That way, we can ensure we have energy, and a healthy natural environment, for today, for tomorrow, and for many years to come.

editorialRetailàAEGEANOILhasestablishedagassta-

tionnetwork throughoutGreece,and is

one of the fastest growing companies

intheretailmarket.AEGEAN’Sgasoline

marketshareinGreeceis8%.

ShippingàAEGEANSHIPPINGmanagesafleetof

tankers,rangingfrom3,500DWTto

100,000DWT,thattransfersanddelivers

oiltoourclientsthroughouttheworld.All

shipsmeetISMstandards.

BunkeringàInPiraeus,Patras,Gibraltar,Amsterdam-

Rotterdam-Antwerp,Fujairah,Jamaica,

Singapore,Trinidad&Tobago,Portland

UK,Vancouver,Montreal,Mexico,Tangiers,

TemainGhana,LasPalmasandTenerife,

Panama,andHongKong,AEGEANMARINE

PETROLEUMisaleaderinprovidingthe

bestbunkeringservicesavailable.AEGEAN

MARINEPETROLEUMisthemarketleader

inbunkering.

Agency Servicesà ShipsfromaroundtheworldrelyonAEGE-

ANAGENCYservicesatPiraeus,Gibraltar,

andJamaica,fromloadinganddischarg-

ing,tosparepartsandsupplies.

Lubricantsà AEGEANOILproducesandmarketshigh

performancelubricantsforvehiclesand

industrialuse,undertheAEGEANbrand.

AEGEANMARINEPETROLEUMtradesand

supplieslubricantsforthemarinemarket

undertheALFAbrand.

AegeanCore Activities

RAymoNd mAteRAPublisher

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Aegean News iPad version is now available at the app store.Enhanced with video, more photos,and interactive content!

You're on the move. So are we.Get Aegean News wherever you are.

ANYTIMEWHERE

C

M

Y

CM

MY

CY

CMY

K

Page 5: Aegean News · Every day, each one of us uses energy. Globally, we consume about 15 terawatts (that would be 12 zeros, 15,000,000,000,000 watts) of energy annually. We drive more

SPRING 2013 AEGEAN NEWS �

4 AEGEANUPDATE

9 AEGEANPORTSOFCALLGibraltar

10 FLOWSANDCURRENTSTrendsandNewsintheOilandEnergyFields

12 HELLENIC ENVIRONMEΝTAL CENTERWorkshoponPortsandtheEnvironmentbythePortAuthorityofCorfu

16 ENVIRONMENTWater,theOriginofLife

18 ENVIRONMENTHellenicEnvironmentalCenterServingtheMarineEnvironmentfor20years

20 STATIONSOFTHEMONTH•PapadopoulosBros,NeoRisio,Thessaloniki•PanagiotisAggelopoulos,Livadia

22 INTERVIEWApostolosPoulovasilis:Lloyd’sRegisterRegionalMarineManagerEurope,MiddleEastandAfrica(EMEA)

26 MARITIMETRADITIONTheAegeanSeaandtheOriginsofShipping

27 TRAVEL WITH ΑEGEANKardamyli

28 CHILDRENANDTHEENVIRONMENTTheStoryofEnergy,ChapterI

30 AEGEANCOLLECTIONStepOutinStyle

22 ApostolosPoulovasilis,Lloyd’sRegisterRegionalMarineManagerEurope,MiddleEastandAfrica(EMEA),talkstoAegeanNews

12 ThePortAuthorityofCorfuorganizedaworkshopundertheSuPortsEuropeanCooperationProgram

8 AegeanMarinePetroleumatCΜΑ Shipping 2013 in Stamford, Connecticut

AEGEANMARINEPETROLEUM

contents

Spring 2013Aegean Newsis published quarterly by AeGeAN

Publisher & Managing editor Raymond matera

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

Commentsandsuggestionsarewelcome.

Aegean News isfreeofchargeandisavailable,subjecttoavailability,toanyinterestedpersonororganization.

Code: 5169

PleaseRecycle

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� AEGEAN NEWS SPRING 2013

PaulIoannidis;PaulZervogiannis;DafneBitsaksi(AegeanMarinePetroleumSA)

Aegean Participates in the Leonteio Lyceum’s Career DayOnFebruary16,2013,Leonteio

Lyceumcarriedoutameetingto

advisepupilsontheircareerselec-

tion.Thetargetofthemeetingwasto

transferknowledgeandexperiences

fromprofessionalsofmodernjobsto

theyoungpeople.

Aegeanparticipatedinthemeeting

bypresentingwithaboothdedi-

catedsolelytothemarineindustry.

NicolaosTokatloglou(FleetManager

ofAegeanManagementServices

MaritimeCompany),Constantine

Kiminos(MarineSuperintendentof

AegeanBunkeringServicesInc.)and

GeorgeAthanasiou(Superintendent

EngineerofAegeanBunkering

ServicesInc.)presentedtheadvan-

tagesandchallengesofmaritime

professions.Moreover,thespeakers

analyzedthroughoutthepresentation

theabilitiesandqualificationsone

needstoacquiretoworkinthemari-

timeindustry.

Mr.D.Kostas,GeneralManagerof

LeonteioLyceum,expressedhisgrati-

tudefortheparticipationofAegean

atthismeetingandacknowledgedthe

effortofAegeanforthepromotionof

maritimeprofessions.

Ms.A.Polydorouexpressedherwish

thattheimpressivepresentationof

AegeanbepresentedagaintotheC’

classstudentsofLeonteioLyceum.

Aegean Lubricants Present at the ICIS Conference in London AegeanwasamainsponsorandexhibitorforthesecondconsecutiveyearatICISAgency’s

17th World Congress on Essential Oils and Lubricants, held on February 21-22, 2013.

This year's event was very successful, with participants from more than 55 countries.

Aegean’sverystrongpresenceintheexhibitionareaimpressedvisitorsonceagain,with

acompanybooththatheavilyemphasizedthemaritimesectorandAegean’sinternational

service network. The number of visitors surpassed all expectations this year, ensuring

more and new future collaborations. The conference dealt mainly with issues related to

currentandfuturerequirementsoftheautomotive,industrialandmarinesectors,aswell

asissuesrelatedtothetechnologyofbaseoils,bothmineralandsynthetic.Aegeanisa

pioneer in lubricant technology and considers participation in international conferences

likethisofgreatimportance,tostayaheadofdevelopmentsandmaintaintheleadinsuch

adynamicindustry,wheretechnologicalinnovationisacompetitiveadvantage.Aegeanis

makinggreatprogressinthefieldoflubricants,bothintheautomotiveandmarineindus-

tries.Aegean’sinternationallubricantnetwork,whichisexpandingdaybyday,nowcovers

morethan550portsasanaturalsupplier,andstrivestocontinuouslyevolveandimprove

existingproductsforcustomers.

A e g e A n U p d A t e

SnapshotfromtheeventAegean’scompanybooth

CareerDayspeakersandstudentsofLeonteioLyceum

New EmployeesThefollowingemployeeshavejoinedtheAegeanworkforce.AEGEAN OiL modestos Rigas, George Hatzis, Joanna Sofianou

AEGEAN BuNkERiNG emmanuel Papadakis

HEC theodore Georgiadis, Constantine Gelos

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SPRING 2013 AEGEAN NEWS �

Logging OnCustomersandassociatesofAegeanmay

visitthecompany’swebsite,www.aege-

anoil.com,tolearnaboutthecompany’s

activities.Bunkeringcustomersmay

registeronlinetoconductbusinessand

maintaincontactwiththebunkering

departmentatwww.ampni.com.

The 8th International Fujairah Bun-kering and Fuel Oil Forum (FUJCON 2013) was held under the auspices of the Government of Fujairah with the Patronage of H.H. Sheikh Hamad bin Mohammed Al Sharqi at Fujairah from March 25–27, 2013.More than 300 delegates from 25 countries attended this leading bien-nial Middle East event. The confer-ence program for FUJCON 2013 provided cutting edge information on developments in the global bun-kering industry, including new and significant developments in Fujairah’s storage terminals and port infrastruc-tures, updates on new technology, new regulations and path-breaking initiatives for the prospects of LNG as a marine fuel, collectively reinforcing the pre-eminence of Fujairah as a top international bunkering location.Aegean was an active participant at this event. AMP’s Managing Director, Apostolos Rizakos, was the keynote speaker of the State-of-the-Bunker Industry Address of the Conference, outlining the challenges and the outlook of the business in 2013 and beyond, with particular focus on its presence at Fujairah. Alexander Kyri-azis and Leonidas Stefanou from our Piraeus bunker trading team as well as N. Marinos and N. Kachrilas from our Fujairah team interacted with customers and suppliers to enhance and promote our activity in this area and globally.

ApostolosRizakos

HussainSultan,ChairmanNeptuneEnergyTradingLLC,Dubai,UAE;ApostolosRizakos,ManagingDirectorAegeanMarinePetroleumS.A.;Dr.AliObaidAl-Yabhouni,CEO,ADNATCO&NGSCO,Chairman,UAEShippingAssociation(UAESA)&GovernorforOPEC,UAE;Dr.FereidunFesharaki,Chairman,FACTSGlobalEnergy(FGE)H.E.;Dr.MohammedSaeedAlKindi,FormerMinister,Environment&Water,UAE,ChairmanoftheFUJCONSteeringCommittee&ManagingDirector,FujairahPetroleumProductsLLC,UAE;MohammedObaidBinMajedAlAleeli,Director-GeneralofDept.ofIndustry&EconomyandChairmanofFujairahBuildingIndustriespsc,UAE

FUJCON 2013

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� AEGEAN NEWS SPRING 2013

FabienneHakim,PanosTsikleas,Aegean-ICSPetroleumLtd;NicolasEsposito,LouisDreyfus,CommoditiesSuisseSA;GeorgiaKounalaki,AegeanMarinePetroleumSA;LeonardosStefanou,AegeanMarinePetroleumSA;DominikSteen,OldendorffGMBH;ChristinaRaptodimou,AegeamMarinePetroleumSA;BraulioGuedes,OWBunkerLasPalmas;MariaKriticou,AegeanMarinePetroleumSA;PetrosSkarlos,CargillInternationalSA;DorothyPapadogiannis,AegeanMarinePetroleumSA;JavedAfsar,MitsuiOskBulkShipping(Europe)Ltd

The 2013 International Bunkering Industry Association (I.B.I.A.) Dinner Aegean Marine petroleum was once again the official sponsor of the 19th an-nual dinner of the International Bunkering Industry Association (I.B.I.A.), held as part of the “International Petroleum Week.” More than 1010 guests at-tended the dinner, which took place on Monday, February 18, at the Grosvenor House Hotel in London. 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.

A e g e A n U p d A t e

MerwanLabtani,ABNAmroBankN.V.;FrancoisColombani,BNPParibas;KyriakosDermatis,Intermodal;DimitrisMelissanidis,AegeanMarinePetroleumNetworkINC.;DorothyPapadogiannis,AegeanMarinePetroleumSA;SpyrosFokas,AegeanMarinePetroleumNetworkInc.;WinstonWatson,PetrojamLtd;MichaelHewett,PetrojamLtd;ApostolosRizakos,AegeanMarinePetroleumNetworkInc.;JoseLuisPorteSolano,MeroilSA

MarkPerrins,KpiBridgeOilLtd;CedricCollard,AegeanNWE;DanielKent,UECC;PaulineCarterHynes,ExxonmobilMarineLtd;GeertBolten,AegeanNWE;OakimElvenes,IntegraFuelEuropeLtd;MartinOlesen,AegeanNWE;JensSandKirk,DanBunkeringLtd;TonyVertommen,AegeanNWE;MathewVallins,GearbulkUKLtd;KenDeBisschop,AegeanNWE;AmynHaider,M.E.T.F.

AegeanShippingManagement launchedthe

constructionofnewbuildingsat theDaeSun

shipyards. The steel cutting ceremony for

thefirstoutoffoursistervesselsof52,000

dwt Product/ Chemical tankers, with Hull

No.SB570,tookplaceonApril5,2013at

DaeSunShipbuilding&EngineeringinBusan,

Korea,andwaswitnessedby:MrCheongIn

Jo, LRS senior Surveyor; Mr Nick Vaporis,

LRS Surveyor; Mr Ted Shinn, Sales Head

OfficeDirector,DaesunShipbuilding&Eng.

Co.,Ltd;MrSCKim,BusinessDept.Daesun

Shipbuilding & Eng. Co., Ltd; Ms ES Park,

DaesunShipbuilding&Eng.Co.,Ltd;MrWT

Kim, Managing Director, M.J Industrial Co.,

Ltd;MrAlexYannoulis,SiteManager.

The steel cutting day indicates the com-

mencementof theworks foranewbuilding,

where steel plates are being cut into the

parts that will form the hull and deck sec-

tionsoftheship.

The vessels have been designed with the

latest technology and to deliver the high-

est level of environmental protection and

energy conservation. The first two will be

classedwithLloyd'sandtheothertwowith

GermanischerLloyd.

According to the schedule, the first ves-

sel (Hull No. SB570) is expected to be

launchednextOctober,anddeliveredtoher

owners in January 2014. The other three

sistervessels(HullNo.SB571,SB572and

SB573) are to be delivered in March, May

andJune2014.

WorkingteamattheDaesunshipyards

CommencementofSteelCuttingCeremony

Aegean - Newbuildings

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SPRING 2013 AEGEAN NEWS �

Donation of Heating Oil to 200 School Premises GeorgeMelissanidisdonatedheatingoilto200schoolpremises.Theschoolswhereselected

bytheMINEDU(MinistryofEducationandReligiousAffairs,CultureandSports),inconjunc-

tionwithIoannisSgouros,thePresidentoftheAssociationoftheRegionsofGreece(ENPE),

settingasfirstpriorityremoteandunderdevelopedareas.

Regarding this initiative Kontsantinos Arvanitopoulos, Minister of Education and Religious

Affairs,CultureandSports,arrangedameetingwithMr.MelissanidisattheofficeoftheMin-

ister,whereMr.MelissanidisinformedtheMinisteraboutthemeasurestobetakentoaddress

theproblemsthatourcitizensfaceduetotherecession.

Mr.MelissanidisannouncedtotheMinisterthatheplanstodonate100tonsofheatingoil

tobedistributedto200schoolsthroughoutthecountry.50outofthe100tonswillbe

giventoschoolsinNikeaandtheneighboringregionwhereDimitrisMelissanidiswasborn

andbroughtup.

TheMinisterofEducationgratefullyacceptedMr.Melissanidis’offerandsaid: "Wedecided

topublicizethisinitiativeofMr.Melissanidisinordertoencourageothercitizens,whohave

themeans,toalsodosomethinglikethis.Greeceanditscitizensaregoingthroughadifficult

periodandeverybodyoughttohelpasmuchaspossible.Iwouldliketothankyouforthedeci-

sionyoumadetocoverthe"heating"needsofthestudentsof200schools.Yourdonation

enhances,toalargeextent,theeffortsofthegovernmenttohelpourpeople,andespecially

children,whoseemtobehavingahardtimeduetothefinancialcrisis.Iamgladbecauseyou

areayoungandactivepersonwhoseemstobeassertiveandhelpfulinthisdifficultsituation,

withyouractions,andnotjustyourwords.”

Free Heating Oil Delivery to the 1st Elementary School of Nikea

"WestartedwithNikeabecauseofourpersonaltiestotheareaandwillcontinuethiswork

throughoutGreece,aswecommittedduringourmeetingwiththeMinisterofEducationMr.

Arvanitopoulos,so that200schoolunitswillhave freeheatingoilby thebeginningof the

newschoolyear,"saidGeorgeMelissanidis,duringthedeliveryoffreeheatingoiltothe1st

PrimarySchoolofNikea.

TheMayorofNikeaatAgios IoannisRenti,George Ioakimidis, thankedMr.Melissanidisby

saying:"Inthesedifficulttimes,whenpeoplearetested,solidarityandsupportofourfinan-

ciallyweakfellowcitizens,andparticularlychildren,areprioritiesforus.Webelievethatoth-

erswillfollowyourexampleinsupportingthoseinneed."

Mr. Melissanidis will continue this initiative with the distribution of heating oil to the

schoolsofNorthernGreece,whichwillbecarriedoutincollaborationwiththeMinistryof

Educationandlocalmunicipalities.ThisprojectwillbecompletedbyDecember31,2013,

whenheatingoilwillhavebeendelivered toa totalof200schoolpremises throughout

thecountry.

TheDirectorofthe1stElementarySchoolofNikea,AthanasiaZachariou;theChairmanofthe

SchoolCommitteefortheMunicipalitiesNikeaandRentiMichaelLagoumitzis;thePresident

oftheAssociationofParentsofthe1stElementaryschoolofNikea,GeorgeTyralis;andthe

teachersVassilisGeorgakopoulos,DimitrisKaminarisandNikitasZachariouwerepresentat

thedeliveryoffreeheatingoil.

GeorgeMelissanidisandKontsantinosArvanitopoulos,MinisterofEducationandReligiousAffairs,CultureandSports

GeorgeIoachimidis,MayorofNikeaatAgiosIoannisRentiandGeorgeMelissanidisatthe1stElementarySchoolofNikea.

MichaelLagoumitzis,ChairmanoftheSchoolCommitteefortheMunicipalitiesofNikeaandAgiosIoannisRenti;GeorgeIoachimidis,MayorofNikeaatAgiosIoannisRenti;GeorgeMelissanidis;AthanasiaZachariou,Directorofthe1stElementarySchoolofNikea;AntonisPapadakis,DeputyCEOofAegeanOil

SpirosMavrakis,AegeanOildriver,duringdeliveryoffreeheatingoiltothe1stElementarySchoolofNikea

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� AEGEAN NEWS SPRING 2013

A e g e A n U p d A t e

Morethan2,500delegates,speakers,sponsors,exhibitorsandvisitorsfrom50countries

gatheredinStamford,ConnecticutonMarch18,2013foroneofthemostlaudedevents

inshipping.

AegeanPresentatCMAShipping2013ΒΥ ElEfthEria antonEllou |MARINELUBRICANTSTRADER

This conference is of utmost importance because it “brings the decision makers together”

and the exhibition is “where business gets done.” Companies get the op-portunity to meet new people, get to know each other’s business, built new and reinforce current relationships.

Within this spirit, Aegean Marine Petroleum made once again a strong impression with its white and blue booth that resembled the Greek Aege-an Sea, along with a warm smile that

represented Greek hospitality and the support of great service in business.

Aegean also presented its marine lubricants business this year, the OEM approved full range of lubes, and its growing supply network of more than 550 ports worldwide. We had the op-portunity to meet with many custom-ers and our local U.S. distributors.

At the same time the bunkers team held a successful “office” warming opening party at Aegean’s brand new premises. Many customers, among

the other visitors, visited the new office, and while having a relaxed drink had the opportunity to discuss business.

At the end of the event, the most rewarding part was listening to all our friends and business partners wish us all the best for the future and cultivate new, growing, and fruitful collabora-tions and business. Definitely they will mark their calendar to visit the same event next year so that they visit… the booth with the same number!

Aegean’snewpremisesinStamford,Connecticut VirginiaNasika;ScottBrin;EleftheriaAntonellou;SamanthaZiotis;PanosTsikleas

EleftheriaAntonellou;ScottBrin;VirginiaNasika;NeilWatson;SamanthaZiotis;GeorgiaKounalakis;PanosTsikleas;GeorgeTzanakis

NeilWatson;VirginiaNasika;ScottBrin EleftheriaAntonellou;DanKovacich,MaxumPetroleumVicePresident

ScottBrin;EleftheriaAntonellou;NeilWatson

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SPRING 2013 AEGEAN NEWS �

GibraltarVisittoWashingtonthe start of the new year saw the visit of the Chief Minister, the

Hon. Fabian picardo, briefly visiting the president of the United

states, Barack Obama, and his wife, Michelle Obama, during a five

day visit to Washington.

EnvironmentalDistinctionthe ministry for Health and environment has been hard at work

and has been credited for its excellent environmental laws by the

director of International Operations at the Royal Society of Birds.

His comments follow the publication of an analysis of environmen-

tal laws across all 14 UK overseas territories.

TheNationalGeographicProjectA first time event, which took place successfully during the easter

Break, was a project between the national geographic team and

the gibraltar Macaque Management team, whereby “crittercams”

and gpS tracking collars were attached to six macaques to allow

remote tracking of their movements. the collars will be worn

until the end of summer and will detach via programmed drop-off

mechanisms. Video footage of the macaques events will be seen

after these have been dropped off.

TheGreenAwardSchemethe port of gibraltar has announced its participation in the green

award scheme at an official ceremony. the port will award sus-

tainable ships certified by a green award with a 5% reduction in

tonnage dues starting April 1. A total of 31 ports worldwide have

earned the green award. gibraltar hopes this scheme will motivate

ship owners to invest in improvements onboard. this scheme is

open to oil and chemical tankers, bulk carriers, Lng carrying ves-

sels, and inland navigation barges.

AegeanPortsofCallAegeanoperatesinmanyportsthroughouttheworld,supplyingcustomers

withproductsandservices.AegeanNewshighlightsdevelopmentsandnews

fromsomeoftheAegeanPortsofCall—beginningwithGibraltar.

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�0 AEGEAN NEWS SPRING 2013

The demand for new commercial ships is

growing,despite fearsthatshippingfreight

rateswoulddecrease.Asoilpricescontinue

toriseandaffect thecommercialshippro-

duction and shipping market, shipowners

are willing to invest in fuel-efficient and

eco-friendlyvesselsandreplacetheirolder

tonnages. For the last couple years, these

newstandardshavecausedleadingshipping

companiestodevelopnewdesignsandopt

for medium-size vessels rather than larger

ones. In 2013 shipowners are likely to in-

vestmorein“greenships,”asfuelpricesare

expectedtoremainhighforawhile.

F L O W S A n d C U R R e n t S

Greek Merchant Navy DayTheHellenicChamberofShipping

establishedGreekMerchantNavy

Dayin2006tohonortheGreek

merchantnavyandspecificallythe

sailors,businesspeople,andemploy-

eesofshippingcompanies.This

initiativealsoaimstoinformGreek

peopleaboutthelargestindustryin

Greece,whatitofferstothenational

economy,andtheglobalroleit

plays.Thecelebrationisdesignedto

inspireGreekyouthandsuggestthat

acareerasanofficerintheGreek

merchantnavyisaworthychoice.

GreekMerchantNavyDayiscel-

ebratedbiannuallyinMay,in

alternateyearswiththePosidonia

MaritimeExhibition.Itwouldbe

thefourthtimethisyearthatthe

HellenicChamberofShipping,incol-

laborationwiththeUnionofGreek

Shipownerswouldcommemoratethe

dynamiccourseoftheGreekmer-

chantnavyinaneventwithguests

fromthepoliticalandbusiness

forumandtheshippingcommunity.

Allprofitsgeneratedfromtheevent,

asinpastyears,willbeusedtoward

maritimeeducationtoimproveand

maintainGreeknavalexpertise.

Global Oil Spill Response System The Subsea Well Response Project (SWRP) was established in 2011 according to the recommendations of the International Association of Oil and Gas Producers (OGP). The goal was to respond to a subsea well incident more efficiently on an international level. SWRP is an international project that brings together the expertise and technical know-how of a consortium of oil and gas companies in a non-profit joint initiative.SWRP will deploy four well capping devices, in South America, Northern Europe, Africa, and South East Asia this year, in a global initiative to enhance the industry’s oil spill response capabilities. The intervention system includes four capping systems that share standard configuration and a common framework and will be able to operate at depths of up to 3,000 meters and pressure up to 10kpsi.This project’s goal is to increase flexibility and allow for more timely response options across the globe, as the system can be deployed by sea and/or air from the regional storage location closest to the spill.

Growing Demand for “Green Ships”

Respondingtoanoilspillincident

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F L O W S A n d C U R R e n t S

Modern Naval Training The Shanghai Maritime University in China exemplifies modern professional preparation of

merchantmarineofficers.ThePresidentoftheHellenicChamberofShipping,GeorgeGratsos,

visitedtheuniversitytolearnmoreaboutthedepartmentofmaritimestudiesandthemer-

chantnavyofficerstrainingprogram.

Theuniversitywasfoundedin1959. Inanareaof133hectares,20,000studentsareen-

rolled.Thisisamultidisciplinaryinstitutionwithcollaborationswithmanyforeigncountries.

3,000people,includingforeigners,attendthemerchantnavyofficersprogram.Theuniversi-

ty’snewfacilitiesincludeabuildingwithmultistorybridgesimulatorswherestudentstrainon,

amongotherthings,differentapproachestoselectinternationalports,inallkindsofrealistic

weatherconditions.Universitydepartmentshavedesignedandbuiltallstate-of-the-artequip-

mentandelectronics.

Inadditiontothemainfacilities,theuniversityalsohastwotrainingships.Thefirst,acon-

tainership,canaccommodate,inadditiontotheregularcrew,50studentsandteachers,and

thesecondisabulkshipofabout40,000tonswith150studentsandtheirteachers.Both

shipshavetwobridges,onetooperatetheship,andtheothertotrainthestudents.

ShanghaiUniversitygate

New Maritime Labor ConventionThe new maritime labor convention will be in effect in Greece in August of 2013. This convention aims at improved work conditions for seafarers, and to secure the economic interests of shipowners. The convention covers fundamen-tal rights and principles such as the elimination of all forms of forced labor and discrimination and the abolition of child labor. It further sets out clear rules regarding seafarers’ employment and social rights, and member states’ imple-mentation and enforcement responsibilities.Both the international seafarers’ and shipowners’ organizations played a major role in the decision by the International Labour Organization to create this major new maritime labor convention, a decision also supported by the govern-ments of member states. Shipping is the world’s first genuinely global industry, and as such requires an appropriate international regulatory response and stan-dards applicable to the entire sector.

Changing International Shipping TrendsTheUNCTADReviewofMaritime

Transportunderlinesthefollowingfive

mostimportantemergingtrendsin

internationalmaritimeshippingthat

reflecttheeffectsoftheeconomiccrisis

ontheworldofshipping.

TheemergingeconomiesofBrazil,

Russia,India,andChinaarereshaping

theglobaleconomiclandscape,chang-

ingtraditionaleconomicrelations,and

tradepatternsinshipping.

Oilisnotasabundantandaffordableas

ithasbeeninthepast.Asoilisamajor

factorinthegrowthofglobaltrade,this

changeisboundtoaffectshipping.Fuel

accountsforasmuchas60%ofaship’s

operatingcosts.Theriseinoilprices

willincreasetransportcostsandalter

tradingpatterns.Shippingcompanies

willhavetoadaptnewtechnologiesfor

energy-efficientvesselstoadjusttothe

newstandards.

Aspublicawarenessrises,shipping

companieshavebeenunderpressureto

adopttheprinciplesofcorporatesocial

responsibility(CSR),includingenviron-

mentalsustainability.Thisisespecially

obviousintherelationshipbetweenthe

customerandshippingbusinesses.

Maritimepiracyremainsaproblem

despiteinternationalefforts.Piracycar-

riesanobviousdirectsecurityriskfor

thecrewandcausesinsurancefeesand

operatingcoststorise,ascompanies

oftenneedtoreroutetheirships.

Burningofheavyoilinships’bunkers

resultsincarbonemissionsthataffect

climatechange.Internationalshipping

isresponsibleforatleast3%ofglobal

carbonemissions.Shippingcompanies

areconsideringmeasurestoaddress

thisissue.Inaddition,climatechange

translatestosea-levelriseandextreme

weatherevents,whichaffectportsand

maritimetransportingeneral.

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�2 AEGEAN NEWS SPRING 2013

HeLLenIC enVIROnMentAL CenteR

WorkshoponPortsandtheEnvironmentHostedbytheCorfuPortAuthorityBYPANAGIOTISSTAMATOGIANNIS|CHAIRMAN,H.E.C.

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SPRING 2013 AEGEAN NEWS ��

T he purpose of the event was to explore ways of coopera-tion for the management of

port operators, to investigate any problems, to strengthen partner-ships through the exchange of views and experiences, to propose actions for common environmental poli-cies and harmonious cooperation, and to identify institutions that can implement concrete actions to cre-ate a collaboration agreement, which all stakeholders will recognize and sign at some point in the future. Finally, the meeting aimed at look-ing into the possibility of attracting funds through European programs (NSRF), or through programs such as Interreg, Med, and Adriatic. Pan-agiotis Stamatogiannis, HEC Chair-man of the Board, represented the Hellenic Environmental Center at the workshop.

TheObjectivesDuring the first section of the work-shop, the delegates focused on the Port of Corfu, and in particular the environmental management tools the managing authority (CPA) uses. Speakers brought up examples of best port environmental management practices, and discussed ways to com-municate such methods and practices to stakeholders, and potential collabo-rations for effective implementation of environmental rules. During the second part of the workshop, speakers focused on the key players involved in port operations: the decentral-ized management authorities of the Peloponnese, Western Greece and the Ionian Sea, the Ionian Islands Region, representatives of the Corfu-Paxos Municipalities, port and customs authorities, port workers (loaders, boatmen), companies managing liq-uid and solid waste, representatives of shipping companies, representatives

OnFebruary22,2013,theCorfuPortAuthority(CPA)hosted

aworkshop—Port-Environment-InstitutionsInvolved:

BridgingtheDifferences,"aspartoftheSuPortsEuropean

Collaborationprogram.

PortofCorfu

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�� AEGEAN NEWS SPRING 2013

of residents, and environmental and cultural institutions.

Sotiris Vlachos, the CEO of CPA; the coordinator of the SuPorts Proj-ect, Catherine Perepelytsya; the busi-ness consultant Michael Tsakonas; the Head of the CPA Port Environ-mental Management and Safety,

Aris Batsoulis; the environmental management systems consultant, Katerina Katelanou; the Director of Environment of the Ionian Islands, Constantine Skordilis; the Head of the Marine Environment Protection Department of the Port Authority of Corfu, Athena Lagos; CPA execu-tives, local government bodies, and representatives of academic research institutions attended and spoke at

the meeting. The participation of companies such as HEC and Anti-pollution was crucial for the event, as they have undertaken the task of managing liquid and solid waste from docked ships in the harbor of Corfu for more than ten years.

HEC’sInputatthePortofCorfuCPA was one of the first Greek ports to promptly implement modern environmental legislation and, after conducting an international compe-tition, assigned the task of providing high quality waste reception facili-ties for operating ships to the envi-ronmental sector of the Aegean Hel-lenic Environmental Center, which acted as a sub contractor. HEC thus established a waste management plan, which CPA since strictly ad-heres to, as it indeed ensures con-tinuous monitoring of port authori-ties. At the port of Corfu HEC has the required modern equipment and experienced and trained staff that follows the daily stringent require-ments of environmental legislation, including monitoring port traffic with a dedicated computer applica-tion developed by HEC.

During the conference, the Chair-man of HEC outlined the procedure according to which the ship receives the oil residues, transports and stores them temporarily in a licensed tank, and then transports them in special tankers to the HEC-owned floating separator in Piraeus. While process-ing residues, the oily ballast separated from water which, after it is thor-oughly cleaned and electronically inspected, is returned to the sea. The oily product is transported to refiner-ies for further use, as required by law.

CPABecomesMemberoftheEuropeanECOPORTSNetworkThe Port of Corfu has recently be-come a certified member of the Euro-pean ECOPORTS Network (as have many other ports serviced by HEC), proving the successful collaboration between HEC and CPA management authorities. The port of Corfu owes this recognition, for the most part, to the recycling infrastructure for petro-leum residues from ships, organized by HEC, which not only inspires pride in the management and executives of the company, but also confirms the leading role of HEC in the organiza-

HeLLenIC enVIROnMentAL CenteR

CPA was one of the first Greek ports to promptly

implement modern environmental legislation

PortofCorfu CatherinePerepelytsya,SuPortsProjectCoordinator;DimitrisVaralis,Plegma

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SPRING 2013 AEGEAN NEWS ��

tion and implementation manage-ment of shipping waste.

As Mr. Stamatogiannis duly noted at the CPA workshop, from the begin-ning of the HEC’s involvement in the harbor of Corfu until today, HEC has successfully executed the assignment of collecting, transporting and man-aging shipping petroleum waste, un-

der the auspices of the current admin-istration of CPA and other competent authorities, while being in constant contact and cooperation with the us-ers of the port, resolving every prob-lem that arises. Beyond the require-ments of European and Greek legisla-tion, Greeks must not forget that 16.000 kilometers of coastline are not only a great privilege, but also carry multiple responsibilities. Maintaining Greek seas clean is a national duty for all of us who make our living from the sea and tourism. This task also lies with the tourist destinations in our country, spearheaded by Corfu, which has been active in the tourism sector since the 19th Century and attracts both domestic and foreign travelers. This duty is more challenging due to the international recession and do-mestic fiscal crisis.

The Port of Corfu has recently become a certified member of the European ECOPORTS Network, demonstrating the successful collaboration between HEC and CPA management authorities

ContractwiththePortAuthorityofPatras

OnFebruary27,HECreneweditspartnershipwiththePortAuthorityofPatras,signinganewcontract.HECwasassignedthecontractafteraninternationalcompetitioncalledbythePortofPatrasfortheprojectmanagementofliquidoilyresiduesfromships.Antipollution,whichparticipatedinthecontest(inconsortiumwithHEC),cosignedthecontractforthemanagementofsolidwastefromships.PanagiotisStamatogi-annisrepresentedHECandByronVasiliadisrep-resentedAntipollution.

P.Stamatogiannis,HEC;V.Vasiliadis,Antipollution

HEC—OfficialSponsoroftheIAPH28thWorldPortsConference

The28thconferenceofIAPH(InternationalAs-sociationofPortsandHarbors)issettobeheldinLosAngelesMay6-10,2013.Theconference,"WorkingonToday.FocusingonTomorrow,"aimstoaddresstheproblemsarisingfromtheoperationofports,throughthedevelopmentofissuesrelatedtothemarineenvironment,safetyanddevelopmentofports.HEC,asanofficialsponsorandexhibitoroftheconference,willbeamongrepresentativesofportsaroundtheworldbyonceagainsupporting

thevitalstrugglefortheprotectionofthemarineenvironment.

HEC Stand 213www.iaph2013.org

AEGEANandHECPresentattheNORSHIPPINGInternationalMaritimeExhibition

NORSHIPPING,oneofthelargestexhibitionsoftheship-pingindustryintheworld,isheldeverytwoyearsinNorway.ThisyeartheexhibitiontakesplaceJune4-7atLillestromandparticipationisexpectedtosurpasspreviousyears.In2011exhibitorsattendingfrom50differentcountriesexceeded1,100.BothAegeanandHECwillnotmissthechancetodeclaretheirsupportfor

internationalshippingandtopresenttheirservicesanddevelopmentsintechnologyandscienceatthisgreatevent.

Aegean Stand C01-18HEC Stand C01-20http://www.messe.no/nor-shipping

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�� AEGEAN NEWS SPRING 2013

e n V I R O n M e n t

Water TheOriginOfLife

H2O

Amoleculeofwater is composedofoneatomofoxygen—O,linkedtotwoatomsofhydrogen—H.Itschemical

formula isH2O.Adropofwaterismadeupofbillionsofwa-

termolecules.

TheEmergenceofWateronEarth

During the earth’s formation, the collisions with meteorsandcomets,andthevolcanicactivityontheearth’ssurface,led togaseousemissions,which in turn formedterrestrialwatersteam.Thesephenomenaproducedawater-richat-mosphere.Astheearthgrewprogressivelycolder,water

steam took its liquid form. Then came heavy rains,whichpoureddownoverseveralmillionyearson

theearth'scrust,creatingthefirstoceans.

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SPRING 2013 AEGEAN NEWS ��

Life on earth emerged in the oceans, which were an ideal environment for the following

reasons:• Water ensures temperature stability.• Water absorbs the sun's ultraviolet

radiation.• Organisms float and move unre-

strained in water.The first life emerged in warm and

shallow waters, about 308 billion years ago, as single-cellular microorganisms, known as cyanobacteria. In turn, the development of marine life resulted in the release of oxygen and ozone into the atmosphere. The resulting “ozone layer,” which surrounds the earth and absorbs the sun's ultraviolet radiation, made airborne life possible.

WaterReservoirsonEarthAbout 70 percent of the earth's surface is covered with water today, distribut-ed throughout a variety of reservoirs. The largest are salt-water oceans and seas, which account for more than 97

percent of the water present on earth. Less than 3 percent of the water on earth is fresh water. About two-thirds of that fresh water is captured in sol-id-state form in the polar icecaps and the eternal snows. Slightly less than one-third of the world’s freshwater supply lies underground. The remain-ing fresh water is found mostly on the surface of the continents in lakes, riv-ers and in the atmosphere.

HydrographyHydrography is the study of the earth's oceans, rivers, lakes and watercourses. Watercourses flow downstream under the action of gravitation. Tributaries flow into another tributary or river, and rivers flow into the sea or the ocean. The glaciers, vast masses of ice formed through the compression of successive layers of snow, also move downstream, but at a much lower speed.

The earth’s ocean’s themselves are fluid, constantly changing in relation to the changes in the environment,

volcanic activity, and the constantly shifting continents.

ProtectingtheOceansOur oceans face many threats, from overfishing to global warming.

But no threat is greater than the threat of common pollution from pesticides, herbicides, chemical fertil-izers, detergents, oil, sewage, plastics, and other solids. Many of these pol-lutants end up at the ocean's depths, where small marine organisms con-sume them and introduce them into the global food chain.

Preventing pollution is of great im-portance to everyone, whether they live close to or far away from the coast, as we are all connected to the ocean. Our economy depends on the ocean as well, from commercial fishing fleets to tourism, recreation and shipping. We all have to work together to ensure oceans stay healthy, not just for the animals that call it home, but also to preserve our own way of life.

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�� AEGEAN NEWS SPRING 2013

e n V I R O n M e n t

HEC is the first and largest Greek company in the field of collection and process-

ing of oil residues generated during the operation of ships and land units (industrial, shipbuilding).

Since its establishment in 1993 (orig-inally under the name Hellenic Slops), HEC foresaw the growing concern of international organizations and bodies of port management to prevent pollut-ing activities and invested in necessary floating and land-collector means of transport (barges and tankers) and properly configured a floating process-ing unit (splitter) in the harbor area of Cynosure.

In 1994, following a tender pro-

cedure, HEC was declared a conces-sionaire for the Piraeus Port Authority and began the operation of the first 30,000 cubic meter floating separator. At the end of that year, HEC installed a floating separator in the port of Thes-saloniki. Since then, the company's continued commitment to the devel-opment of know-how, the improve-ment of logistic infrastructure (featur-ing the largest 100,000 cubic meter floating separator in Europe) and the investment in human capital (admin-istrative, technical, and scientific) have highlighted HEC as a prime service provider at the biggest Greek ports for the collection, transportation, and processing of oil residues of ships

and boats of any capacity. At present, HEC successfully serves the ports of Piraeus, Elefsina, Rafina, Lavrio, Igou-menitsa, Corfu, Corinth, Patras, Alex-androupoli, Preveza, Kavala, Katakolo, Messinia, Fthiotida, Acarnania, Her-aklion, Halkida, the Piraeus Container Terminal (Cosco), the Dockyard of Crete, dozens of island ports, marinas and fishing shelters, and shipbuilding and industrial plants, where it pro-vides its services. Many of these ports have been recognized and awarded by international fora (EcoPorts) because of the environmental protection ser-vices HEC provides them with.

Moreover, the large pumping, sepa-ration and storage capacity of floating

HellenicEnvironmentalCenterServingtheMarineEnvironmentfor20YearsBYPANAGIOTISSTAMATOGIANNIS|CHAIRMAN,H.E.C.

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SPRING 2013 AEGEAN NEWS ��

separators the company has provides HEC with a significant advantage in cases of large-scale marine pollution, as it can meet the critical operations of pumping and storage of recovered oil.

The internationally acclaimed quality (ISO 9001:2008), environmen-tal management (ISO 14001:2004 & EMAS), and health and safety (Lloyd's OHSAS 1800:2007 Health & Safety) certifications that HEC has received are testament to the expertise of HEC. HEC’s equipment operates under the requirements of the ISM and ISPS Codes. HEC is also a member of bod-ies and organizations of international caliber such as EUROSHORE (of which HEC was president twice in

the past), IAPH, and HELMEPA, and claims a leading role in any field-re-lated initiative.

HEC’s reputation has already gone beyond Greek borders thanks to the quality, superiority and integrity of its work. As a result, busy ports in the Mediterranean, the Greater Arab Gulf, and Panama request HEC’s lead-ing services. HEC’s headquarters are housed in privately owned offices in Piraeus at 10 Akti Kondyli St. HEC also operates from branches in all the ports mentioned.

Currently, HEC employs more than 200 people, contributing to the nation-al effort to create jobs and assist in the recovery of the Greek economy.

ThefounderofAegean,DimitrisMe-lissanidis,createdtheHellenicEnvi-ronmentalCenter(HEC)asameanstoprotectthemarineenvironmentfromthepotentiallikelihoodofpollutionbymaritimeactivity.HECbeganitsactivityinthePortofPiraeusand,growinggradually,withcontinuousinvestment,expandeditsactivitytomostmajorGreekports.HECisnowanindustryleaderandamongthelargestcompaniesofitskindintheworld.HECemploysscientific,highlytrained,andresponsiblepersonnelandownsstate-of-the-artequipmentinordertoprovideitsservices.ThisiswhyHECisadecisivelinkintheendlesscycleofnaturallife,usingthepro-cessofrecyclingtoturnuselessintousefulmaterial,harmfulsubstancesintobeneficialones,dirtintoenergyresources,andwasteintoelementsofthechainoflife.

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20 AEGEAN NEWS SPRING 2013

S t A t I O n S O F t H e M O n t H

P anagiotis Papadopoulos, or Giotis as his friends call him, is extremely proud of the Ae-

gean gas station he and his brother, Leonidas, own and operate in Neo Risio. "We have the most beautiful sta-tion in Greece, that's for sure!" he said at the beginning of our discussion.

How many years has it been since you

startedyourbusiness,Mr.Papadopoulos?

We have had this gas station since 2004.

WhendidyoustartworkingwithAegean?

From the very first day. I have also been transporting fuel for Aegean since 2000; I was one of the first. And then came the gas station.

Howdidyouchoosethislineofwork?

I was born and raised around this type of business. My father started in 1970 and I followed in his footsteps in 1996.

Soyoudecidedtoget involvedbecause

ofafamilytradition?Anyregrets?

No, I never regret my choices. This is life for us. We grew up here.

Youworkwithyourbrother,correct?Do

youemployanyadditionalstaff?

Yes, I work together with Leonidas, we are all here—our father too! We also employ six people at the Neo Risio station.

Have you had any problems with your

customers?

No, we have no problems with cus-tomers. The problem is that people do not spend on gas anymore as they used to. Of course people still drive to work, that does not change. We did not, however, expect to make a profit from what people spend to power their cars to go to work, but rather from their other needs, their

trips for example. That is long gone. This is why the drop in revenue is much greater than what people gen-erally hear.

WhatdoyouthinkofAegean’sprices?

Aegean is always competitive.

Whatisyourimpressionofyourcooper-

ationwithAegean?Areyouhappywith

theirresponsetoyourrequests?Didyou

everhaveanydifficulties?

Their response is always immediate. I have never had a problem. In these difficult times Aegean has always been beside us.

What are your expectations for the fu-ture?

To be able to survive with all that is happening. Gas stations do not make millions, as some people think. We are also trying to make ends meet.

TheNeoRisiodistrictbelongstothemunicipalityofThermi,about15kilometerssoutheastof

Thessaloniki,Thepopulationofthemunicipalityis16,119inhabitants.

AFamilyTraditionPapadopoulosBrothers,NeoRisio,Thessaloniki

ViewofthePapadopoulosBrothers'gasstation

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GreatPartnersfromtheBeginningPanagiotisAngelopoulos,Livadia

P anagiotis Angelopoulos oper-ates his gas station in Livadia. He tells us that after changing

many jobs, he settled in the gas sta-tion business. Despite the difficulties of our times, Mr. Angelopoulos, who manages his business with no addi-tional help, has not lost his enthusi-asm for the job.

How many years has this gas station

beeninoperation,Mr.Angelopoulos?

The station has been operating since December 2009.

Howdidyoubecomeinvolvedinthefuel

market?

At that time I was unemployed and

there was a gas station here in Livadia, which had not been operating for two years. An associate of mine and I de-cided to rebuild it and everything else is history!

Have you had any previous experience

withthisprofessionbeforeyoudecided

toopenyourowngasstation?

No, I had no past experience.

Andhowdidthingsgo?Whatwasthere-

sponseyougotfromyourcustomers?

People responded positively. There has never been a major problem with customers. The economic situation has taken a turn for the worst and this made things difficult.

WhendidyourcollaborationwithAegean

begin?

From the beginning.

How did you choose Aegean as a sup-

plier?

The truth is that I contacted other companies as well. I chose to work with Aegean because they were more like a person in the way they treated me, rather than as an anonymous cor-poration. This has to count for some-thing. Also, Aegean’s prices played a big role. Aegean offered me competi-tive prices from the beginning.

How is your communication with Ae-

gean?Areyouhappywithyourcollabo-

rationsofar?

I have no complaints regarding my communication and cooperation with Aegean. At the beginning I spoke with Iakovos Melissanidis, and throughout our collaboration since then, every-thing has been great.

Doyouemployanystaffatyourservice

station?

In the beginning I had a partner, but now I work on my own.

Overall,howarethingstoday?

Things are difficult because of reduced consumption. But this is not just the case for my business. It is a common problem for everyone.

Livadia,thecapitalofViotia,isinthewesternpartofGreece,attheedgeoftheKopais

plain,130kilometersnortheastofAthensand30kilometersfromDistomobeach,asummer

attractionnotedforitsclearwaters.

Mr.Aggelopoulos’gasstation

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22 AEGEAN NEWS SPRING 2013

Lloyd’shasafascinatinghistoryinGreece.Pleasetellusabout

thefirstyearsofLloyd’sinthiscountry.AndhowdidLloyd’s

developintoitscurrentstateofbusiness?

Lloyd’s Register (LR) has been working to serve the needs of Greek clients for over 180 years. Greek-owned ships are be-ing classed by LR since 1830. One example is the 292 grt brig Aslan built on the island of Rhodes in 1826, which appeared in the Register Book for 1835. The first steamer under the Greek flag was the Perseverance, a 233 grt paddle steamer built in 1825 and purchased by the Greek state in 1826. It is not known if she was classed, though the vessel does appear in the Register Book and was later renamed Karteria.

Growing demand for surveys in the country was met by the appointment of D Graham as LR’s first surveyor to Piraeus in 1888, from where he also covered survey work at Syra (Port Syros). Prior to this appointment any surveys undertaken in Greece were completed by surveyors based at Constantinople. The first exclusive surveyor, W W Barnes, commenced duties in Piraeus on June 1907.

LR’s expertise has helped clients operating passenger ship and ferry services between the Greek islands for many years. Semiramis, the first passenger ship to cruise the Greek islands, was completed to LR class in 1954 for Epiro-tiki Steamship Navigation Co. The 1950s saw rapid expan-sion to make the Greek-owned fleet one of the largest in the world by 1960. A new LR office was opened in Piraeus in 1967, where employee numbers doubled in eight years.

In 1960, as Greek shipbuilding became better estab-

lished, LR formed a Greek Committee; its work continues as the Hellenic Advisory Committee, established in 1996. Ship repair and conversion have become Greek specialities, with some spectacular conversions of tankers, cargo ships and passenger ships into ferries and car carriers. In 2004 Lloyd’s Register signed an agreement with the Hellenic Republic for delegation of statutory services including certification for passenger ships, and the International Ship and Port Facility Security Code.

From a small base, industrial work has also grown to include the inspection of pressure vessels, boilers for de-salination plants, pipework, fabrication and erection of oil storage tanks, and glass-reinforced plastic (GRP) hulls for lifeboats and yachts. In 2007, LR’s Greek operations came under the name Hellenic Lloyd’s S.A. to reflect increasing activity and the importance of the Greek shipping commu-nity’s contribution to the organisation.

Today Hellenic Lloyd’s provides classification, design support, marine training, asset management and quality as-surance services, both to Greece and for much of the Eastern Mediterranean and states bordering the Black Sea. Its cover-age also includes management oversight over many parts of Europe Middle East and Africa (EMEA) with close coopera-tion with neighbouring area Middle East and Africa.

PleasedescribetheparametersofLloyd’soperationsinGreece.

Hellenic Lloyd’s’ Marine Operations is one of the most crit-ical centers in our organization, handling on a day-to-day

ApostolosPoulovassilistalkstoAegeanNewsaboutthehistoryandcurrentroleofLloyd'sRegister

inGreeceandthewiderEasternMediterraneanregion.

ApostolosPoulovassilisLloyd'sRegisterRegionalMarineManagerEurope,MiddleEastandAfrica(EMEA)

I n t e R V I e W

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SPRING 2013 AEGEAN NEWS 2�

basis 25% of the worldwide LR Classed Fleet and being in daily contact with our clients always ready to cover client’s needs and expectations. The Greek shipping community is a very demanding arena; therefore it is our primary aim to provide our services in the most efficient way.

Piraeus Marine Operations Department primarily deals with ship periodical surveys to confirm compliance with International Conventions and Lloyd’s Rules and Regulations. In addition to the above, Piraeus Devolved Classification Executive Committee for the Greece, East Mediterranean and Adriatic Area (GEMA) acts under the authority of the London based Sub-Committee of Clas-sification for considering and agreeing postponements of classification and statutory surveys.

The main role of Piraeus Design Support Office is the review of plans and documents for compliance with class rules and statutory regulations, as well as the provision of technical advice and support to local clients and other LR departments. Standard activities include reviews for Hull, Engineering and Machinery, Electrical, Stability, MARPOL and other statutory regulations.

But more important than anything is the close coop-eration with the clients, which has always been a key to LR strategy. In that respect, there is always availability of PDSO staff for meetings with designers and representatives of the shipping companies. This in turn, besides ensuring smoother delivery of projects, also allows building of re-lationships and mutual respect and understanding, thus

helping reinforce and further strengthen the bond with the Greek shipping community.

The Marine Fuels and Environment department en-compasses FOBAS and Environmental services. The team provides technical advice on the effects of the marine fuels’ properties on the machinery systems of a vessel, providing practical guidance for its effective storage, handling and use on board with respect to the vessel’s particular machinery plant, as well as advice on the environmental legislation field.

The Small Craft and Yachting Department core activ-ity is survey and certification of below conventional size yachts (LOA >24m), both commercial and pleasure. A dedicated yachting team of surveyors and administration staff assist the clients to follow the regime required by the Greek flag, which is necessary for the issuance of the Gen-eral Inspection certificates, along with oil pollution survey, sewage and tonnage measurement and compliance with all related legislative requirements.

The Marine Management Systems department is respon-sible for ensuring that an effective system is maintained to carry out work as set out in the relevant procedures within GEMA. The department is responsible for Sales and Mar-keting and the business development of the Marine Man-agement Systems work and for coordinating all operational aspects of Marine Management Systems in the Area.

Another very important activity for Hellenic Lloyd’s is the International Training Centre. Marine Training Services (MTS) in Piraeus is one of the Group’s leading

ApostolosPoulovassilis

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2� AEGEAN NEWS SPRING 2013

I n t e R V I e W

Training Centres of Excellence and has an active role in the design and development of many new, pioneering courses. In 2012, the Piraeus training centre of Hellenic Lloyd’s de-livered 93 courses, attended in total by 1.017 delegates.

The LRQA EMBS Business centre based in Piraeus manages the East Mediterranean and Black Sea area incor-porating a number of countries including Turkey, Roma-nia, Bulgaria, Serbia-Montenegro. It delivers to its clients the majority of certification products available, starting with the main ones ISO 9000, ISO 14000 and OHSAS, as well as verification and training services. The main sectors they serve are Food, Transportation & Logistics, Health, IT & Telecommunications and marine. Business Assurance is LRQA’s strategic approach to business which, together with "insight" to their customers business, constitutes their competitive advantage.

The Energy Department of Hellenic Lloyd’s is providing services to clients within the whole range of Energy indus-try: Upstream (offshore and onshore pipelines and LNG terminals), Downstream (tank farms, refineries, chemical and petrochemical plants), Power (renewables, CCPP) and

Manufacturing (pressure vessels, steel makers, aluminium makers, cables, transformers, containers). Services include: compliance, technical consulting and business solutions.

HowdoesHellenicLloyd’sS.A.usethelonghistoryandtradi-

tionoftheregistryinGreecetoimproveoperationsandpoli-

cies?

Lloyd’s Register in Greece has always been close to the Hel-lenic maritime tradition and Hellenic Lloyd’s recognises that tradition and the leading role that Greece continues to play in shipping today.

We have more Greek people working for us today than ever before and we are constantly looking to enhance our services and service delivery capability and capacity in Piraeus to meet the ever increasing and more sophisticated needs of our clients.

How do we achieve this?

Expertise We bring together an extraordinary breadth of experience and expertise within our teams. We focus on our personnel training and make sure we provide them with continuous educational programs so as to be up to date with the current legislative framework and new technologies.

Advice The quality of our advice and our independence means we can provide long-term confidence to our clients.

Knowledge We have a profound understanding of the risks associated with the industries we serve. Technical knowledge is at the core of our business.

Relationships Our teams in Piraeus can relate directly with the concerns and issues that affect our clients. Our experts talk to industry experts. And we can also commu-nicate across all levels of our client’s business.

Whatdoes itmeanforHellenicLloyd’sS.A. toalignwiththe

GlobalLRGrouppoliciesinGreecetoday?

For Hellenic Lloyd’s it is very important to be in line with the Global LR policies, strategy, mission and vision. LR is a global organization with a mission to protect life and property and advance transportation and engineering edu-cation and research.

Our strategy is simple: to add value to society and achieve sustainable growth through independent assur-ance and expert advice for clients operating the critical infrastructure upon which society relies.

We are guided by clear strategic objectives to achieve our goals under key themes:

Drive external focus—to make sure we consistently deliver the best possible value to our clients.

Step change in efficiency and effectiveness—an em-phasis on service quality.

Right people, right place, right time—a focus on hav-ing good people and strong leaders who all put safety first and enable us to deliver an excellent service.

Adding value to society—this is the key overarching theme that unites our whole strategy and fulfils our mis-sion to make the world a safer place.

WhatareyourchallengesasEMEAregionalmanager?

The key challenges we face across Europe, Middle East and Africa are clearly related to the wide diversity of the region, geographically, culturally as well as from a business-mix perspective as we have a cross-section of different types of organizations that we support from ship owners and operators to shipyards, design offices and manufacturers of materials, equipment and components.

Striking the correct balance between internal and exter-nal priorities is very important and a key enabler for this is

Lloyd’s Register in Greece has always been close to the Hellenic maritime tradition and

Hellenic Lloyd’s recognises that tradition and the leading role that Greece continues

to play in shipping today

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SPRING 2013 AEGEAN NEWS 2�

the creation and further development of a high-perform-ing team across the region with the right blend of different skills and capabilities to support our clients locally but within a global network.

Right now we have the added challenge of managing a marine industry coming off very sharply from a high supply curve over the past few years so the majority of our clients are under pressure from all aspects. We are there-fore having to find ways to respond effectively, changing the way we operate where necessary, so that we can better support our clients in these challenging times.

For example, we have introduced a new Performance Op-timisation service to help shipowners, builders and designers to optimize the performance of their ships which embraces a new approach to supporting innovation and performance improvements in shipping. The focus of the new service is supporting more efficient ship designs and retrofit solutions for ships in service. We are looking at the whole ship and its operational requirements. Of course, right now, it’s all about reducing fuel-oil consumption. The market needs to know what’s feasible for existing ships as well as for new designs. We think that independent technical analysis and verifica-tion of performance is essential to making progress.

The key success factor here is joining up the different ar-eas of expertise within Lloyd’s Register in order to provide an unrivalled service.

When looking at new ideas and innovation either for retrofit or newbuilds, we can marry sophisticated CFD tools with other skills that we have in Lloyd’s Register. Working with the technical insight of our energy-manage-ment experts, we can help to generate and analyze the solu-tions needed to create more efficient ships.

WhatarefutureprospectsforGreeceintheEMEAregionfrom

Lloyd’spointofview?

Despite overall dire economic conditions and short-term outlook, the Maritime Industry will always be strong even if ships call less in Greece for surveys and repairs and even if shipping companies establish joint ventures or other business operations abroad. Hellenic Lloyd’s will therefore continue to play a significant role in ensuring standards of excellence in safety, environmental protection and perfor-mance are developed and implemented within the marine supply-chain. We see our Greek team as being one of the major components of this "assurance equation" and helping owners and operators to build and manage "Better Ships with Better Performance" as competitive pressures are ever increasing in all elements of the shipping industry. It’s all about the bottom line. It is one thing to that say something

has been optimized and continues to meet all requirements holistically. It’s quite another to have gone through a clear process of analysis and verification that helps clients to make decisions with confidence and it is the approach with the necessary management and technical capability that I would like to see developing within Greece.

Ports logistics and sea tourism are also seen as areas of po-tential growth, provided the necessary measures to improve legislative frameworks and supply-chain collaborations and joint ventures are established and effectively executed.

Finally, energy is also an important development sec-tor through the prospects of oil and gas exploration and hopefully production and distribution in future in the East

Mediterranean Region, and Lloyd’s Register with its wealth of accumulated experience and track record worldwide within the Group is well placed to support key players both upstream and downstream, from exploration, drilling and production to transportation, processing/refining and dis-tribution, as well as throughout the asset life-cycle.

HowdoyouseecompaniessuchasAegeancontributingtothe

maritimeindustryinGreece,theregion,andglobally?

Aegean and other forward-looking Greek companies who have been visionaries and early adopters of new ways of working and emerging technology are very well placed to take advantage of the inevitable opportunities that will arise which will enable them to develop further and play an even larger role in a more regional and global arena as ap-plicable to the Marine and Energy sectors. By encouraging investments in these sectors, there will be increased contri-bution to national GDP, more job creation and furthering of technical and technological advancements and know-how, both within Greece and beyond, by transferring this as best-practice abroad.

If Greek companies can do this in a collaborative man-ner and supported by an overall attractive and business-friendly legislative framework—I'm positively encouraged by the recent investment incentive law just passed by the Greek parliament—then the economic dawn for Greece will come much sooner.

But more important than anything is the close cooperation with the clients, which has always been a key to Lloyd’s Register strategy

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2� AEGEAN NEWS SPRING 2013

M A R I t I M e t R A d I t I O n

This long tradition in shipping is undeniably rooted in the Aegean Archipelagos. With

its countless islands, many visible to the naked eye from the shore, the Aegean Sea gave ancient Greeks the incentive to build boats and travel. Historical evidence places the first Greek sea vessels circling the Aegean waters as early as the 17th century BC.

KingMinos,"MasteroftheSeas"Crete was the land of the Minoans (3100-1050 B.C.), a Bronze Age civili-zation named after its first ruler, King Minos. From approximately 1700 to 1400 BC, the Minoan civilization shined. The Minoans built impressive vessels with 15 oars on each side and square sails, probably about 15 meters long. They opened trade routes with the powerful kingdoms of Egypt, Ana-tolia, and the Levant, and exchanged farming products and art for raw mate-rials. King Minos ruled the Aegean Sea and rid the waters of pirates, establish-ing the first maritime empire.

MycenaeShippingAfter the death of Minos, around 1250-1219 BC, Agamemnon connected the two scepters of the Mycenaeans. The Mycenae commanded fleets and ruled the Aegean as traders and pirates. The range of Mycenaen shipping was

wide. According to historians, sailors travelled to Asia Minor, Cyprus, the Levant and Egypt. Archaeologists discovered Mycenaean remains as far away as Sicily and Sardinia.

TheBattleofSalamisandtheTriremeThe most famous naval battle in histo-ry was fought at Salamis (480 BC). Ac-cording to Thucydides, the superiority of the Greek tactics and fleet, which included flexible and fast triremes, al-lowed them to protect their grounds from the “barbarians” of the East. The trireme, named after its three rows of oars on each side, played a vital role in the Persian Wars in general, and most important, in the creation of the Athe-nian maritime empire.

TheMacedonianEraIn the third century BC, the Mace-donian king, Alexander III, the son of Phillip II, set out to create the first world empire. The fleet of Alexander the Great included more than150 war-ships, mostly triremes, 29 of which were Athenian. The crews were Greeks, Phoenicians and Egyptians.

Alexander the Great, known for his land battles, made a decision that pro-vided insight to his uncanny tactics. Upon their arrival in Persia, Alexan-der’s army was overwhelmingly out-numbered. Nevertheless, in order to inspire confidence in his men, he gave orders to burn their own ships. Watch-ing their only means of retreat go up in flames, Alexander said, “We go home in Persian ships, or we die.”

TheAegeanSeaandtheOriginsofShipping

Archaeologicalfindings,myths,andthewritingsofhistorianssuchasXenophon,suggestthat

wecantracetheoriginsoftheshipbuildingarttoancientGreece.Thisisalsoevidencefrom

navalterminologylikenavyandnautical,derivedfromtheGreekwordsναυςandναυτικός.

ModelofagreektriremeDeutschesMuseum,Munich,Germany

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SPRING 2013 AEGEAN NEWS 2�

KardamyliKardamyli,abeautifulvillagemanyrefertoastheNewCôted'Azur,islocatedinastunningseaside

regionofthesouthernPeloponnese.Notjustasummervacationspot,Kardamylialsoofferstravellers

anoutstandingspringtimedestination,asitissetamongmajesticcypresstrees,wildolivegroves,

flower-coveredrollinghillsanddistantsnowcappedmountains.

MustSeePhoneasBeach This beach is a favorite spot for all visitors due to the turquoise waters and unique morphology of the scenery.

MountTaygetusTrails An excellent choice for hikers, the village is the departure point of many mountain trails, some of which lead to the peak of Mount Taygetus.

VirosGorge At a total length of 20 km, many different marked footpaths, all of which lead to Byzantine chapels and beautiful stone buildings, surround the Viros Gorge.

SaintSpyridon This post-Byzantine temple is constructed from materials that locals re-trieved from ancient ruins. Saint Spyridon is an18th century church with a 17 meter bell tower that bears ornamental designs depict-ing the solar system, concentric circles, and a double eagle.

TombsofDioskouri This double tomb of the mythological twins, Castor and Pollux, is carved in the rock alongside the path that leads to the Kardamyli acropolis.

DirosCaves Only a short trip from Kardamy-li, the Diros Caves in Mani are a must-see. Only one of the Diros caves is open to the public. Discovered in 1949, it is 3.5 km long and the largest known cave and underground lake in Greece.

t R A V e L W I t H A e g e A n

Aegeanstations

Kardamyli

At about three and a half hours by car from either Athens or Patras, and 35 kilometers from Kalamata, Kardamyli remains an exclusive, small seaside resort with enchanting stone towers, lush gardens, a

picturesque harbor and crystal clear beaches, that offers travellers accom-modation all year round. Overlooking the Messinian Gulf, the distinctive regional architecture of towers built by the mediaeval aristocracy of Mani dominates the truly memorable Kardamyli skyline.

AMythicalPlaceAccording to Homer’s Iliad, Agamemnon offered Kardamyli to Achilles during the Trojan War to convince him to rejoin the Greek forces. At that time, Kardamyli was the main port of the powerful city of Sparta. Ancient geographer Pausanias describes many temples and statues that decorated Kardamyli, as well as a seaside shrine dedicated to the daughters of Nereus, the Nirides, who, according to ancient Greek mythology, emerged from the sea to see Piros, the son of Achilles, on his way to Sparta to marry Herm-ione, the daughter of King Menelaus. To this day, the village preserves its ancient name.

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2� AEGEAN NEWS SPRING 2013

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

2� AEGEAN NEWS SPRING 2013

Energy is the ability to do work or cause change. It causes things to happen around us. During the day we use energy from the sun, known as solar energy, and at night we mostly use electrical energy to light our homes. Gas-oline, a type of stored energy, powers cars. Our bodies get energy from the food we eat. But where does energy come from?

No matter what form energy is in, we can-not create it from nothing, nor destroy it. Energy is around us all the time. This is the story of stored energy and fossil fuels. We call it “stored” energy because it is stored as chemical energy in the molecules of fos-sil fuels.

TheStoryofEnergyCHAPTERI

StoredEnergyandFossilFuels

People have always been very interested in fossil fuels because they are a source of stored chemical energy that can turn into much more. The fossil fuels we use today include coal, oil, and natural gas. They are energy sources that de-rive from the remains of decomposed plants and animals embedded deep in the earth. It took hundreds of millions of years, as well as intense pressure and heat, for these fossil fuels to form underground.

Coal

Coal is a combustible black or brownish-black rock-like substance. It primarily contains carbon, as well as other elements such as hydrogen, sulfur, oxygen, and nitrogen, at variable quantities.

People have been using coal as a source of energy for at least 3,000 years. In ancient China, miners used coal, known as the stone that can burn, from the Fu-shun mine, to smelt copper. Coal has been a useful resource throughout human history. Through biological and geological processes, coal turns into lignite and anthracite, which are powerful energy sources. We use coal primarily for the production of electricity and heat and for industrial purposes, such as refining metals.

Miners and mining companies extract coal either underground (shaft mining), or at ground level (open pit mining extraction). China is the world’s top coal producer today with 3,520 million tons annual production.

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SPRING 2013 AEGEAN NEWS 2�

I BECOME INFORMED - I INFORM OTHERS - I ACT

SPRING 2013 AEGEAN NEWS 2�

Oil

Crude oil is liquid rock, containing carbon and hydrogen, as well as several aromatic hydrocarbons and other organic compounds. We find it in porous rocks in the Earth's crust.

Historians believe that people first used oil to make asphalt over 4,000 years ago for the construction of walls and towers in Babylon. The Persians are also thought to have used oil for lighting, and to make medicines.

Oil companies extract crude oil in special facilities after drilling the ground. In some cases, due to high pressure, oil can form jets several meters high. More commonly, however, miners must apply pressure at the beginning, by pumping water, on which the extracted oil finally floats. Generally, the extracted oil also contains mixed gases, water and small quantities of sand and needs to be further processed and refined.

We use oil every day in many ways, from transportation to the production of heat and electricity, as well as to produce materials such as plastic, household products, medications, fertilizers, and pesticides. Oil is truly an essential part of human activity.

NaturalGas

Natural gas is mostly made up of a gas called methane, which is lighter than air and it is highly flammable. Methane is a simple chemical compound that consists of carbon and hydrogen atoms.

People discovered natural gas sometime between 6,000 to 2,000 years ago in the Middle East, around the Baku region of what is now Azerbaijan. Ancient writers describe “eternal fires” burning, probably ignited by lightning, in areas known as gas seeps, where natural gas escaped to the earth's surface and at-mosphere.

We usually find natural gas underground near petroleum. Natural gas com-panies pump it from the ground and transport it in pipelines to storage areas. Natural gas is odorless and clear. For safety purposes, and to detect leaks easily, companies mix natural gas with a chemical that gives a strong odor before they send it to the pipelines and storage tanks. Natural gas has many applications, in commerce, transport, industry, and in our homes, producing heat and mechanical and electrical power.

Now you know all about stored energy. Do you wonder what happens when energy is unleashed? Stay tuned to find out more!

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�0 AEGEAN NEWS SPRING 2013

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SPRING 2013 AEGEAN NEWS ��

AegeanandrenowneddesignerRobbidiKappahave

teameduptodesignabrandnewlookfortoday!The

Aegeansportline,withitsnauticalinfluence,isperfect

forsteppingoutinstyle,inthecity,bythesea,oron

countrywalks—forhimandforher.

Bundleuportravellightinpolosandt-shirts.

Athome,relaxinluxuriousbathrobes.

AndstashyourgearinversatileandstylishAegeanbags.

DiscoverthenewAegeanlookattheAegeanShopor

onlineatwww.aegeaneshop.com

AEGEANCOLLECTION

Step out in style with the Aegean Collection

Aegean Shop at the Aegean Headquarters—

10 Akti Kondyli, 18545, piraeus, greece

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�2 AEGEAN NEWS SPRING 2013

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

Aegean Energy for the FutureAegeanisGreece'smostdynamicenergy,petroleum,andshippinggroup.ThecompanyhasanetworkofretailgasstationsthroughoutGreece,isactiveinmarinefuelsandlubricants,andoperatesafleetoftankersandbargesinter-nationallyanddomesticallytotransportpetroleumandbunkersforitsglobalbaseofclients.

RETAILMARKETThroughitsfast-growingnetworkofgasstations,AegeansuppliesdriversinGreecewithgasolineandautomotivelubricants.Aegean’smodern,well-maintainedgasstationnetworkhaswonthetrustofdriversduetothehighqualityproductsandservicesitoffersatcompetitiveprices.Inaddition,Aegeandirectlysupplieslargeindustrialclientswithpetroleumproductsofallgrades,owingtotheconsistencyandserviceofitstransactions.

BUNKERFLEETNYSElistedAegeanMarinePetroleumInc.,withanexclusivelydoublehullfleet—ofwhichnineshipsarenewbuild-ings—isthenaturalsupplierofmarinefuelsat12ofthemostsignificantportsintheworld.Furthermore,withits22newbuildingsprograminprogressandthecontinuousopeningofnewstations,itisoneofthemostdynamicallydevelopingdivisionsOftheAegeanGroup.

BUNKERINGAegeanprovidesoneofthemostefficientandresponsivebunkeringservicestoclientsworldwide.Itsshipsneverstopsailinganditsservicesareavailable24hoursaday,365daysayear.Aegeanoperatesbunkeringstations inPiraeusandPatras,and inGibraltar,Amsterdam-Rotterdam-Antwerp, Fujairah, Jamaica, Singapore, Trinidad &Tobago, Portland UK, Vancouver and Montreal, Mexico, Tangiers, Tema inGhana,LasPalmasandTenerife,Panama,angHongKong.All itsproductsareISO8217certified.TheCompany,whichisamemberofIBIAandisISO9001certified,iswellpositionedontheFOBASWhiteList.

SHIPPINGAegean'sfleetofshipsisattheheartofitssuperiorserviceworldwide.Itsves-selsoperateinfullcompliancewithEUandinternationalstandards,areallcertifiedwiththecodeofsafemanagement ISMandSOLASandare incompletecompliancewithMARPOLregulations.Aegeancontinuallyaddstoitsfleetofships,whichincludeslargevesselsaswellassmallercapacityvessels.Itsfleettransportsoilcargoesworldwideonbehalfofmajoroilcompa-nies,commercialclients,andAegeancustomers.

LUBRICANTSAegean produces and markets high performance lubricants for vehicles andindustrialuseundertheAegeanbrandand,forthemarinemarket,undertheALFAbrand.ALFAmarinelubricantsarecertifiedandapprovedbythelargestmarineenginemanufacturersintheworld.Theresourcesofourcompanyandourfollow–upservicecreateoursuccess-ful relationships and allow Aegean to supply lubricants in more than 550portsworldwide.

ENVIRONMENT-HECTheHellenicEnvironmentalCentercollects, transportsandprocessesoil resi-duesfromshipsandlandunits(industrial,shipyards),while italsomanagesallliquidresiduesproducedbyships.InordertocarryoutitsworkHEChasthemoststate-of-the-artequipment,consist-ingoffloatingseparators,afleetofpollutant-collectingtankers,andwell-equippedtanktrucks.HECactstoprotectthemarineenvironmentandatthesametimecontributessignificantlytothesavingofenergywiththerecyclingproceduresitusestotransformthereclaimedpollutantsintoenergyresources.

TRADINGAegeanisdynamicallyactiveinthetradingofcrudeoilandpetroleumproductsworldwide.TheTradingDepartmentiscomprisedofdedicatedandprofessionalindividualswhocombinehighlevelexpertiseandagreatmanyyearsofexperienceintheoilindustry.Petroleumproductsaresuppliedtoabroadspectrumofcustomerswhocomprisethecompany'sportfolio.Aegeanhasacquireditscredibilityfromthehighqualityoftheservicesitprovidestosuppliersandshipowners,afactthatsupportsthecompany’sambitionsfortheachievementoflong-rangegoalsintheenergysectorworldwide.