Aegean · PDF fileàAEGEAN SHIPPING manages a fleet of tankers, ranging from 3,500DWT...

Ανάπτυξη στην Ευρώπη

Η Aegean Ξεκίνησε με την Verbeke Bunkering NV

στην Α-R-Α

Λιμάνι Portland

Πρωτοπόρο Κέντρο

Θαλάσσιων Υπηρεσιών

Τrinidad & Τobago

Επιτυχημένη Πορεία

ΛιπαντικάΗ Aegean Bασικός

Προμηθευτής της ΔΕΗ

ΑκόμηΤάσεις & Εξελίξεις

Ρίζες

Aegean NewsΑΝΟΙΞΗ 2010

ΤΟ ΤΡΙΜΗΝΙΑΙΟ ΠΕΡΙΟΔΙΚΟ ΤΗΣ AEGEAN Growth in Europe

Aegean Commences with Verbeke Bunkering NV in A-R-A

Portland Port A Forward-

thinking Marine Services Centre

Trinidad & Tobago Young,

Successful, Effective

LubricantsAegean is PPC’s Main Lubricants

Supplier

PlusFlows & Currents

Roots

Aegean NewsSPRING 2010

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

www.ampni.com

ALL SUPPLIES WITH DD BARGES

WORLDWIDE SERVICE 24 HOURS

SPRING 2010 AEGEAN NEWS �

RetailàAEGEANOILhasestablishedagassta-

tions network throughout Greece, and

isoneofthefastestgrowingcompanies

intheretailmarket.AEGEAN’Sgasoline

marketshareinGreeceis10%.

ShippingàAEGEANSHIPPINGmanagesafleetof

tankers,rangingfrom3,500DWTto

100,000DWT,thattransfersanddelivers

oiltoourclientsthroughouttheworld.All

shipsmeetISMstandards.

BunkeringàInPiraeus,NewYork,Antwerp,Cyprus,

Fujairah,Khor-Fakkan,Gibraltar,Jamai-

ca,Mexico,Miami,Montreal,Portland-UK,

Singapore,Tangiers-Morocco,Trinidad&

Tobago,Vancouver,WestAfrica-Ghana,

AEGEANMARINEPETROLEUMisaleader

inprovidingthebestbunkeringservices

available.AEGEANMARINEPETROLEUM

isthemarketleaderinbunkering.

Agency Servicesà ShipsfromaroundtheworldrelyonAEGE-

ANAGENCYservicesatPiraeus,Gibraltar,

andJamaica,fromloadinganddischarg-

ing,tosparepartsandsupplies.

Lubricantsà AEGEANOILproducesandmarketshigh

performancelubricantsforvehiclesand

industrialuse,undertheAEGEANbrand

andAEGEANMARINEPETROLEUMtrades

andsupplieslubricantsforthemarine

marketundertheALFAbrand.

AegeanCore Activities

At the heart of each company lies its set of core val-ues, values that establish a mission and a vision, define corporate behavior, and direct business development. From its outset, Aegean has drawn on the principles of traditional values in building its corporate family.

Today, as Aegean expands its presence and influ-ence, and builds and solidifies a national and interna-tional brand, those same values— respect for the indi-

vidual, care for the environment, and trust in business relationships—continue to shape a corporate culture that thrives on innovation, encourages teamwork, and sets ever higher standards for service.

The global Aegean “family” is now well established, in the Americas, Eu-rope, Africa, the Middle East, and Asia. Clearly, universal values transcend cultures, borders, and the seven seas.

The recent acquisition by Aegean of Verbeke Bunkering NV, a leading physical supplier of marine fuels in the Antwerp-Rotterdam-Amsterdam (A-R-A) region, the world’s second largest bunkering market, reveals the vitality of Aegean’s growth strategy and its ability to incorporate new, diverse members into its global network.

Aegean Group founder, Dimitris Melissanidis, pointedly demonstrated the Aegean philosophy in his message to members of Verbeke Bunkering following the acquisition: “I welcome you to the family of Aegean, and when referring to ‘family’ I really mean it and want you to know it, as this concept has been the basis and driving force of Aegean since the start.”

Further growth, and the expansion of the Aegean global family, is assured, provided that trust, respect, and traditional values continue to form the foun-dation of the Aegean mission and vision.

editorial

RAymoNd mAteRAPublisher

Donate online: www.smiletrain.org or call: 1-800-932-9541

A Healthy Diet During Pregnancy Can Help Prevent Birth Defects And Clefts. Diet is an important part of pregnancy. Eat a healthy diet that contains lots of fruits and vegetables and foods fortified with folic acid. According to the U.S. Government, women who plan to have a child should be sure to take sufficient levels of folic acid (400 micrograms per day) during pregnancy to help prevent neural tube defects and reduce the risk forcleft lip and palate. When folic acid is taken one month before conception and throughout the first trimester, it has been proven to reduce the risk for neural tube defects by 50 to 70 per cent. Be sure to receive proper pre-natal care, quit smoking, and follow your health care provider’s guidelines for foods to avoid during pregnancy. Foods to avoid may include raw or undercooked seafood, beef, pork or poultry; delicatessen meats; fish thatcontain high levels of mercury; smoked seafood; fish exposed to industrial pollutants; raw shellfish or eggs; soft cheeses; unpasteurized milk; pâté; caffeine; alcohol; and unwashed vegetables. For more information, visitwww.SmileTrain.org. The Smile Train is a 501 (c)(3) nonprofit recognized by the IRS, and all donations to The Smile Train are tax-deductible in accordance with IRS regulations. © 2009 The Smile Train.

Give AChild WithACleft ASecond Chance At Life.

Smile Train provides free cleft surgery which takes as little as 45minutes and costs as little as $250.

It gives desperate children not justa new smile—but a new life.

You can provide free treatment for children with clefts and other problems.

Mr./Mrs./Ms. Address

piZetatSytiC

Telephone eMail

Credit Card: Visa MasterCard AMEX Discover

Account No. Exp. D ate

Signature

My check is enclosed. SmileTrain-Dept. Mag.P.O. Box 96211

Washington, DC 20090-6211

$250 Surgery. $125 Half surgery. $50 Medications. $

Z09111094ZFAY28

“...one of the most productive charities—

dollar for deed— in the world.”

—The New York Times


4 AEGEANUPDATE

8 FLOWSANDCURRENTSTrendsandNewsintheOilandEnergyFields

10 BUNKERINGPortlandPortAForward-thinkingMarineServicesCentre

12 BUNKERINGOilSpillResponseExerciseatPortlandHarbour

13 BUNKERINGAegeanSponsorsAMCHAMForuminTrinidad

14 BUNKERINGTrinidadYoungandSuccessful,andEffective

16 BUNKERINGAcquisitionofVerbekeBunkeringinAntwerp

20 RETAILStagnationinFuelConsumptionDuring2009

21 RETAILAegeanRetailBackto…School

22 STATIONSOFTHEMONTHIoannisFanourgiakisTheologisPapadopoulos

24 LUBRICANTSAegeanBecomesPublicPowerCorporation’sMainLubricantsSupplier

26 CHILDRENANDTHEENVIRONMENT

28 ROOTSTheAntikytheraMechanism

29 AUTOMOBILEHISTORYSolarVehicles

30 MARITIMETRADITIONTheOldestSeaJourney

31 AEGEANIMAGEProductsThatSay“We’reDifferent”

16 AegeanMarinePetroleumsuccessfullyconcludedprocedurestoacquireBelgium’sVerbekeBunkeringNV

12 Aegean XinOilSpillResponseExerciseatPortlandHarbour

Donate online: www.smiletrain.org or call: 1-800-932-9541

A Healthy Diet During Pregnancy Can Help Prevent Birth Defects And Clefts. Diet is an important part of pregnancy. Eat a healthy diet that contains lots of fruits and vegetables and foods fortified with folic acid. According to the U.S. Government, women who plan to have a child should be sure to take sufficient levels of folic acid (400 micrograms per day) during pregnancy to help prevent neural tube defects and reduce the risk forcleft lip and palate. When folic acid is taken one month before conception and throughout the first trimester, it has been proven to reduce the risk for neural tube defects by 50 to 70 per cent. Be sure to receive proper pre-natal care, quit smoking, and follow your health care provider’s guidelines for foods to avoid during pregnancy. Foods to avoid may include raw or undercooked seafood, beef, pork or poultry; delicatessen meats; fish thatcontain high levels of mercury; smoked seafood; fish exposed to industrial pollutants; raw shellfish or eggs; soft cheeses; unpasteurized milk; pâté; caffeine; alcohol; and unwashed vegetables. For more information, visitwww.SmileTrain.org. The Smile Train is a 501 (c)(3) nonprofit recognized by the IRS, and all donations to The Smile Train are tax-deductible in accordance with IRS regulations. © 2009 The Smile Train.

Give AChild WithACleft ASecond Chance At Life.

Smile Train provides free cleft surgery which takes as little as 45minutes and costs as little as $250.

It gives desperate children not justa new smile—but a new life.

You can provide free treatment for children with clefts and other problems.

Mr./Mrs./Ms. Address

piZetatSytiC

Telephone eMail

Credit Card: Visa MasterCard AMEX Discover

Account No. Exp. D ate

Signature

My check is enclosed. SmileTrain-Dept. Mag.P.O. Box 96211

Washington, DC 20090-6211

$250 Surgery. $125 Half surgery. $50 Medications. $

Z09111094ZFAY28

“...one of the most productive charities—

dollar for deed— in the world.”

—The New York Times

24 AegeanestablishescontractsupplylubricantstoGreece’sPPC.

AEGEANMARINEPETROLEUM

contents

Spring 2010Aegean Newsis published quarterly by AeGeAN

Publisher & Managing editor Raymond matera

design Snack

Printing and binding Korifi Publications SA

owner Aegean 42 Hatzikyriakou Street 185 38, 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

� AEGEAN NEWS SPRING 2010

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

New Ships Join Aegean Fleet Incontinuationoftakingdeliveryofnew-buildingvesselsfromQingdao-HyundaiandFujian

Shipyards,twomorenewvesselshasbeendeliveredtoAegeanBunkeringServicesInc.

❚TheM/T ZakynthoswasdeliveredonJanuary10,2010(Qingdao-Hyundai)andhasacar-

ryingcapacityof6,200MT,lengthof103metersandbreadthof18meters.

❚TheM/T Andros (Fujian)wasdeliveredonFebruary5,2010andhasacarryingcapacityof

4,600MT,lengthof86metersandbreadthof16meters.

TheM/T ZakynthosarrivedonMarch1,2010atGibraltarwhereshejoinedthelocalfleet.

AlsotheM/T AndrosarrivedonMarch6,2010atherdestinationPortFujairahwhereshewill

beengagedinthelocalbunkeringoperations.

WiththesetwolastvesselsthenumberofthetotalfleetofABSincreasedto47vessels.

Aegean in Seventh Place Among Singapore’s Top 20 Suppliers, Out of a Total of 60TheMaritimeandPortAuthorityof

Singapore(MPA)listedSingapore's20

leadingaccreditedbunkersuppliersby

volumefor2009,amongwhichAegean

Bunkeringinthe7thplace,upfromthe

10thplaceitheldinlastyear’slisting.

1.BPSINGAPOREPL

2.EXXONMOBILASIAPACIFICPTELTD

3.SKENERGYINTERNATIONALPTELTD

4.GLOBALENERGYTRADINGPL

5.SHELLEASTERNTRDGPTELTD

6.SENTEKMARINE&TRDGPL

7. AEGEAN BUNKERING (S) PTE LTD

8.EQUATORIALMARINEFUELM'GMTSVCSPL

9.CHEMOILINTERNATIONALPTELTD

10.NORTHWESTRESOURCEPTELTD

11.SEARIGHTSMARINESVCSPTELTD

12.SINGAPOREPETROLEUMCOLTD

13.SEVENSEASOILTRADINGPTELTD

14.TRANSOCEANOILPTELTD

15.GLENCORESINGAPOREPTELTD

16.CHEVRONSINGAPOREPL-EXCALTEX

17.ALLIANCEOILTRADINGPTELTD

18.TOYOTATSUSHOPETROLEUM(S)PL

19.O.W.BUNKERF.E.(S)PL

20.OCEANBUNKERINGSVCSPL

I.B.I.A (International Bunkering Industry Association) EventOn the occasion of the International Petroleum Week, which took place this year in London from the 15th to the 17th of February, I.B.I.A, the International Bunker Industry Association, organized their annual dinner at The Hilton on the evening of February 15.Aegean, once again, sponsored the event and its guests had the opportunity to meet friends and associates and discuss, in a relaxing and pleasant atmosphere, the developments in the shipping industry.


New Stations in Aegean’s Retail NetworkΤhe Aegean network is growing throughout

thecountry.Listedbelowarethestations

that have started displaying the Aegean

Logoduringthepastthreemonths.

�0 AGIOU KONSTANTINOU STR, MAROUSImeRIVAKIS AtHANASIoS

27TH KM R.D. ATHENS-THEBES, MANDRANeZI-RoKA IRINI

FERMA IERAPETRARodItIS A. GeoRGe

TAXIARHON, THIRAS & SAMOU STREETS, KO-RYDALLOS ΖΕΖΑS XENOPHON & Co.

THISSEOS AVE. AND AGION PANDON, KAL-LITHEA SΚOULIS ELEFTHERIOS

�0 ERMOU STR., MARKOPOULO DAVARI-KOLIOVASILI FOT.

�ST KM ARGOS-KORINTH, ARGOS CARREFOUR ΜΑRINOPOULOS S.A.

�0 SHISTOU AVE. SKARAMANGAS ΚΟΚΚΙΝΑΚIS GEORGE & Co.

VRYSES APOKORONIOU, CHANIA MIHELAKAKIS STYLIANOS

��6 PAPANASTASIOU STR. HERAKLION CRETE SyRmoS K. GeoRGe

AGIA FOTINI, MUNICIPALITY OF SYVRITOS, RETHYMNON NeoNAKIS I. ANtoNIoS

NIOHORIO APOKORONOU, CHANIA PAPASTAMATAKIS NIKOLAOS

�2 ETHNIKIS ANDISTASEOS, VASILIES, HERAKLION LABRAKIS Ν. – ROGDANAKIS E.

Successful Aegean Bunkering Operations in Jamaica ContinueMore than 15 big cruise ships, including the Celebrity Century and Aidavita, have received bunkers from Αegean in Jamaica’s North coast since November 2009. The company uses Μ/Τ Kalymnos, 8900 tons, a ship that guarantees on time, safe and flawless deliveries. These elements are extremely important, especially for cruise ships, which often carry over 2000 passengers, and time re-ally counts. Deliveries of bunkers take place in Ocho Rios and in Montego Βay. Μ/Τ Kalymnos starts from the company’s base in Kingston and, having finished its deliveries, returns to its base. Due to increasing demand there is a thought of having a ship permanently in the North Coast. At Falmouth, located also in the North Coast, necessary infrastructure work is under way so that it may receive the world’s biggest cruise ship, Oasis of the Seas, which is expected to reach Falmouth at the end of the year. Aegean aspires to supply this ship when it starts cruises to Jamaica.

New Aegean PersonnelThe following employees have joined the Aegean work force

AEGEANOILBokos VasiliosKakalis EfstratiosKtenas EvaggelosMorosanu RamonaPanayiotidis DomenikosΤοpalidis Alexandros

AEGEANBUNKERINGSERVICESKortesis EmmanuelKonstandoulakis Antonios

Pippos Nikolaos

ΑEGEAN MARINE PETROLEUMDelistathi Georgia

AEGEANPOWERAlexiadou TheodoraBartzokas VasiliosDimakou AnthoulaDoukakis Konstantinos Genari OlgaGrigorakos Konstantinos

Kattis AnestisKatsanis MichaelKotsifaki AggelikiKostarikas IoannisMatzana EleniPashos TheodorosPsimouli Elia-KonstantinaStylianou Maria-GeorgiaVoudouri CleopatraXyla EudoxiaYiotis HaralambosZikoulis Dimitrios

6 AEGEAN NEWS SPRING 2010

M/T Aegean VIII in Patras Ship-Shore Fire and Rescue ExerciseOn March 23, 2010, a joint Fire and Rescue Drill was carried out with the par-ticipation of Patras Harbour Master, Shore Fire Squad and EMAK (Hellenic Rescue Team), Local Agent, Patras VTS, M/T Aegean VIII Crew, and vessels in vicinity, in Patras anchorage. The scenario involved an explosion in M/T Aegean VIII pump room, resulting in one seafarer being injured and develop-ing fire in the compartment. Immediately, all above parties were notified, mo-bilized and reached the anchored vessel, within 10 minutes. The shipboard Fire Squad, being already formed, provided safe means of access to the shore team, and provided necessary assistance enabling them to enter the affected confined space and successfully rescue the seafarer. The planning and coordination of the well organized teams resulted in a successful execution of the combination exercise, proving that staff from different sectors can effectively coordinate in a common rescue operation.

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

Aegean Singapore Office Learning GreekOnJanuary4,2010allstaffinthe

SingaporeofficestartedtheirfirstGreek

lesson.IntheroleoftheinstructorisMs.

NenaMantzorou,bornandraisedinAthens

andwhohasbeenlivinginSingaporefor

thepast3years,asherhusbandiswork-

inginashippingcompany.Ms.Mantzorou

willteachthestafftospeak,readand

writeinGreek.Themainpurposeofthe

Greeklanguagelessonsistodeepencom-

munication,sinceallagreethatitwillbe

veryusefultobeabletocommunicatein

Greek,giventhefactthatthecompany’s

headquartersarelocatedinGreeceanda

largenumberofexecutiveshaveGreekas

theirnativelanguage.

Logging OnCustomersandassociatesofAegean

mayvisitthecompany’swebsite,www.

aegeanoil.gr,tolearnaboutthecom-

pany’sactivities.Bunkeringcustomers

mayregisteronlinetoconductbusiness

andmaintaincontactwiththebunkering

departmentatwww.ampni.com.

SPRING 2010 AEGEAN NEWS 7

Ιn March 8, 2010, the Founder of Aegean Mr.

DimitrisMelissanidisandGeneralCounselof

AegeanMarinePetroleumMr.SpyrosFokas

attended the official dinner organized by

theWhiteHouseProtocolChiefMs,Capricia

Penavik in honor of Greece’s Independence

Day.Atthedinner,whichtookplaceinthehis-

toricBlairHouse,guestswereGreece’sPrime

MinisterMr.GeorgePapandreou,hiswifeAn-

da,GreekMinistersMr.Papakonstantinou,Mr.

Droutsas,Mr.GeroulanosandMr.Petalotis,60

Americanpoliticians,ArchbishopDimitriosand

distinguished Greek-Americans. The follow-

ingdayMr.MelissanidisandMr.Fokaswere

guestsatthereceptionhostedbyU.S.Presi-

dentBarackObamaandFirst LadyMichelle

Obamawitha letter at theWhiteHouseon

theoccasionofGreece’s IndependenceDay.

Afterwardsareceptionanddinnertookplace

attheRitzCarltonHotelwerethePrimeMin-

ister,membersoftheGreekgovernment,the

Archbishop,Greece’sAmbassadortotheU.S.

Mr.VasilisKaskarelis,20distinguishedGreek

Americans,Mr.PeterGeorgiopoulos,Aegean

MarinePetroleum'sBoardChairman,andMr.

MelissanidisfromGreece,wereinvited.

Aegean’s Station Manager in Ghana Appointed Honorary Consul Aegean’sstationmanagerinGhanaMr.

TheofilosPizaniashasbeenappointed

HonoraryConsulinGhana.Letterof

appointmentbelow.

NATO Ship Provides Medical Assistance to Aegean Seaman

In February 14, 2010, a mem-ber of the crew on Aegean’s MV Zakynthos became seri-ously ill and the British frig-ate HMS Chatham, having received the Captain’s radio call, came to the rescue. HMS Chatham’s Commanding Offi-cer, Commander Simon Hun-tington decided to dispatch Surgeon Lieutenant Droog to

Zakynthos in one of the ship’s sea boats and when the patient had been stabilized, the ship’s helicopter picked him up and transferred him initially to the frigate and then to the port of Salalah in Oman, from where he was transferred to the hos-pital. Aegean expresses its deepest gratitude to the whole crew of Chatham and

especially to Commander Simon Huntington for their immediate response and the safe transfer of its seaman to the hospital.Aegean Group Founder Mr. Dimitris Melissanidis thanked the British Ambassador in Athens with a letter.

Dimitris Melissanidis and Peter Georgiopoulos in the White House

� AEGEAN NEWS SPRING 2010

F l o w s A n d C U r r e n t s

Environmental Observatory in GreeceThe foundation of a research environmental observatory in Greece under the name «Navarino Environmental Observatory» (Ν.Ε.Ο.), at Costa Navarino in Messinia, was officially presented in a special ceremony that took place in the Academy of Athens on February 11, 2010. The foundation of NEO is the first effort in Greece for the establishment of an international research center on climate change, through the cooperation of a Greek private company with academic bodies of international repute. NEO is the result of the cooperation between the Bert Bolin Center of Climate change of the University of Center of the Stockholm, the Atmospheric Environment Sector of the Biomedical Re-search Foundation of the Academy of Athens and the TEMES S.A. The prepa-ration and the contacts for the foundation of NEO started in September 2008 and ended with the signing of a memo of understanding for its establishment in December 3, 2009, in Stockholm.

Flood Protected Cities with Oil Rigs

AgroupofBritishscientistswhocon-

ductedastudyonbehalfoftheBritish

RoyalInstituteofArchitectstitled

“FacingRisingSeaLevels”proposes,

amongotherscenarios,theuseof

decommissionedNorthSeaoilrigsin

areasfacingfrequentfloodingprob-

lems.Theseoilrigsfromthealmost

exhaustedoilwellsintheNorthSea

couldbetowedtothecoastalareas

ofcitiesthreatenedbyfloodsand

betransformedintofloatingstruc-

tureshousinghomes,storesand

universities,thusprotectedfromthe

increasedrisinginthesealevel.Some

couldevenbeparksorentertainment

complexes.Theplatformswouldbe

connectedwithpedestriancrossings

andineverythirdplatforminthe

roadtherewouldbeabridgeprovid-

ingaccesstotheland.Energyfor

housesaswellasbusinesseswouldbe

producedbytidalstreamgenerators

placedunderthefloatingplatforms.

Almost10millionpeoplealreadylive

inareasfacingthedangerofflooding

intheUKandWalesandtheBritish

governmentspends570million

poundsannuallyforthebuildingof

coastaldefenses.

EU Strategy on Green VehiclesTheEuropeanCommissionissettoproposeastrategyoncleanandfuel-efficientcars

byMay,followedlaterbyanactionplantohelpintroducegreenvehiclestothemar-

ket.EUIndustryCommissionerAntonioTajanimetwithministersinchargeofindus-

tryonFriday,February19,todiscusstheeconomicchallengesfacingtheEuropean

carindustry.Theministersidentifiedgreentechnologiesasastrategicmedium-term

perspectivefortheindustrytohelpitrecoverfromthecrisisandimproveitscom-

petitiveness."AEuropeanstrategyonCleanandEnergy-EfficientCarsshouldbe

developedandimplementedthatsetsoutthenecessaryactionstoencouragemarket

introductionofgreenvehicles,includingelectriccars,"theCommissionsaidina

statement,issuedaftertheinformalmeeting.

Europe Seeks Energy in SpaceFollowingtheUnitedStatesandJapan,Europetooisstart-

ing the efforts to collect energy from Space. ΕΑDS Αstrium,

thebiggestspaceresearchcompanyinEurope,announced

that it is commencing a program of creating space solar

energycollectorsandisseekingpartnersinthiseffort.The

company’sgoalistheconstructionofsolarcollectorswhich

will be in orbit around the Earth and will be transmitting

solar energy to the planet with lasers. The whole idea of

spacesolarenergycollectorsisnotnew,sinceithadbeen

discussedagain30yearsago,butissuessuchascost,safetyandefficiencyofsuchasystem,

hadnotbeenresolved.Nevertheless,itisanattractiveprospectsinceaspacesolarenergy

collector will be providing “clean” energy 24 hours per day. The company has started the

constructionofaspacesolarenergycollectorbutisseekingpartnerstobeabletocomplete

itandsenditintoorbit.


Hybrid Racing Car "Hybrid"isprintedproudlyonthepro-

trudingrearfendersoftheneworange

andwhiteracecarmadebysportscar

manufacturerPorsche.Thevehicle

willcompeteinthe24-hourraceat

Germany'sNürburgringtrackinMay

and"bringanewtypeofengineeringto

theracetrack,"accordingtoPorsche's

ResearchandDevelopmentDepartment.

ThePorsche911GT3RHybriddraws

ontwopowersources.Atraditionalsix-

cylinderengineattherearofthevehicle

provides480horsepoweranddrives

therearwheels.Twoadditionalelectric

motorsupfrontcansupplyeachofthe

frontwheelswithashort-termburstof

80horsepowerduringacceleration.

However,thisaccumulationofpowerwill

notautomaticallyincreasethecar'sodds

ofwinningarace.Theelectriccompo-

nentsalsomakethecarheavier,aserious

disadvantageinautoracing.Whatever

gainsthehybridsystemachievesinterms

ofpower,itmustalsoworktocompen-

sateforthatadditionalweight.

Inaddition,autoracinghardlyaffordsthe

rightworkingconditionsforhybridtech-

nology.Ahybridvehicle'strumpcard,

physicallyspeaking,isitsabilitytocon-

vertbrakingenergyintoelectricity,and

thatworksbestwithslowdeceleration.

Assuch,Porsche'shybridsystemisn't

basedonachemicalstoragesystemfor

electricity.Insteadofaconventional

rechargeablebattery,thecar'sdesigners

includedanenergyrecoverysystemthat

worksmechanically.Thedevicesitson

theusuallyemptypassenger'ssideof

theracecar,bearsaslightresemblance

toapressurecooker,andweighsagood

100kilograms(220pounds).

F l o w s A n d C U r r e n t s

Positive Report on ShippingDuring theAnnualGeneralAssemblyof the

membersoftheGreekShipownersUnion,in

February10,2010,PresidentMr.Theodore

Veniamisspokeindetailaboutthedevelop-

ments in the shipping sector. Among other

items, he pointed out that in general last

year’s developments were satisfactory be-

cause “Greek shipping once again showed

excellent strength, due to the timely and

thorough renewal of its feet which was the

resultof thepreviousyears’ freightmarket

prosperity,butalsoduetotheflowofabun-

dantbankfinancing.”Mr.Veniamisalsopre-

sented the following date for the country’s

merchant fleet. “Greece’s merchant fleet,

according to Lloyd’s Register, declined by

165units,5,438,843 tons total capacity,

in February 2010 compared with February

2009. In February 2010 Greek interest

shipsabove1,000gtofvariouscategories

were 3,996 with 258,121,898 dwt and

152,616,046gt,which include826under

constructionand40,975,985gt.

Greekscontrol8%oftheglobalfleetinterms

ofships,14.9%indwtand13%ingt,versus

8.2%,15.2%and.13,2%respectivelyof

February 2009.” The global fleet was also

reducedby802shipscomparedwith2009

andisnow49,705shipsversus50,507ships

in2009.”Mr.Veniamisalso referred to the

courseofshippingduring the firstdecadeof

the21stCentury,aspresentedininternational

organizations’reports,accordingtowhich:

❚Duringthisperiod,intheEuropeanUnion,

Greece ranks second in terms of net rev-

enues from shipping per capita, which

came to 916 Euros, with Denmark in the

firstplaceandNorwaythird.

❚Seagoing shipping came closer to its

national base and this resulted in the

increaseofnetrevenuesinthecurrentac-

countsbalancetoreach4.06ofGDPfrom

3.1in2000.

❚A shift is noted in the national register

after 2006, as a result of the measures

for the reinforcements of the flag’s com-

petitiveness.

❚The share of seagoing shipping in the

development of the national economy is

directlyrelatedtothenumberofshipping

companiesestablishedinGreece,whichat

theendofthedecadereached1300.

❚2008wasthepeakyearintheincreaseof

shippingexchangedue to the longperiod

of a high freight market, which came to

19.2billionEuros,namely7.9ofGNP.

In concluding, Mr. Veniamis underlined the

“importance of our country’s selection,

among 154 countries, among the first five

companies of the IMO council, and, as a

matteroffact,beforetheUnitedStatesand

Russia.Thesearedistinctionsthatmakeus

proud as a nation, for whatever shipping is

offeringtothecountry,notonlyintermsof

prestigeandpoliticalpower,butalsointhe

economicandsocialfields.”

�0 AEGEAN NEWS SPRING 2010

B U n k e r i n g

PortlandHarborMinimalDeviationinaStrategicLocation

SteveDavies,ChiefExecutiveofPortlandHarbor

Authority,explainswhyPortland,oneofthe

UK’smostforward-thinkingmarineservice

centres,providessuchanattractiveoptionfor

manyshipoperatorsandexplainswhyitskey

partnershipwithAegeaneffectivelycements

itspositionasoneoftheEU’smostconvenient

bunkeringlocations.

W e have worked exceptionally hard over the years to make a name for ourselves in the commercial shipping world since the depar-

ture of the Royal Navy in 1995. Portland Harbor is one of the largest man made harbors in the world, with no lock, air draft, or beam restrictions. Our water is well protected and, within the breakwaters of the inner harbor, we can accommodate vessels drawing in excess of 12m at anchor

and in excess of 11m alongside. We have berths suitable for ships’ L.O.A.s of up to 250m, making us an ideal service call port for many of the 400 or more vessels using the Eng-lish Channel every day. Being only 20 nautical miles away from one of the world’s busiest shipping routes, Portland Port is a natural choice for vessels requiring our services.

We are the UK south coast’s “premier service station,” where vessels are able to undergo all manner of repairs afloat, ownership/management/name change surveys, hull cleaning, classification surveys, stores and crew transfers, and a wealth of underwater operations. Portland has been recognized by the major classification societies as a for-mally approved location for in-water surveys.

Portland has recognized the worldwide trend of ship owner/managers who choose the less expensive mainte-nance practice of diving over dry docking. In- water main-tenance and repair is one of the fastest growing service areas of our business. In recognition of this we have developed a key working partnership with the internationally-acclaimed UMC International, providing afloat maintenance and ship repair services. Portland Harbor is one of the few locations in Northern Europe where underwater hull cleaning is able to take place. No other port along the south coast can com-pete with the water visibility here and the unrivalled protec-tion and safety that Portland Harbor provides.

To complement our strategic and natural advantages to visiting vessels, we introduced a unique, One Stop Shop

SPRING 2010 AEGEAN NEWS ��

Tariff, making service calls extremely cost effective when compared with the costs of dry docking a vessel. This clearly sets us apart from other service ports in the Chan-nel and Western Europe.

All the above services are available to Aegean’s custom-ers who call at Portland Harbor to take on marine bunkers from this highly professional and experienced supplier.

Aegean has been absolutely critical in enhancing and complementing our vessel services, being able to provide bunker operations 24 hours a day 7 days a week. Portland Bunkers International provides our customers with pro-fessional and convenient refuelling services with the least en-route deviation among other bunkering ports in the region. We were delighted with the recent enhancement to their bunker operations with the introduction of the new barge Paxoi, a modern double hull vessel which further improves the service and delivery that the Port is able to offer visiting ships.

Both Aegean and Portland Port take the care of the ma-rine environment very seriously, and both companies train with each other in anti-pollution drills on a regular basis to ensure that pollution prevention and clean up operations are constantly at a high standard.

We pride ourselves as being extremely diverse when it comes to types of business we attract from vessels calling for general services and repairs afloat, to requests for long and short term lay-ups, to being a well placed alternative

to the more traditional UK cruise ports. Special projects have seen us play host to Hollywood Movies and now we see ourselves heavily involved in the renewable sectors, on one hand, whilst playing host to the 2012 Olympic Games on the other.

The development of a sustainable energy supply is one of the key challenges currently faced in the UK. For ex-ample, when looking at wind energy our location is perfect in being able to support the development of a wind farm (recently announced to the west of the Isle of Wight, UK). Our deep waters are able to accommodate the large ves-sels required to import the raw materials. Portland Harbor would make an ideal site for the assembly of the wind tur-bines and we hope to be chosen as a key hub for this and other future energy projects.

Regarding our participating role in the 2012 Olympic Games, we are still in negotiations with LOCOG (London Organizing Committee of the Olympic Games) in finaliz-ing plans, but our foremost priority will always be to look after our customers’ marine business, foremost among which is Aegean’s bunkering station. This isn't saying that we are not excited that the Weymouth and Portland Na-tional Sailing Academy will be playing host to the Olympic Games in our waters, and we are working very closely with all parties to ensure that this international event success-fully co-exists with the normal commercial activities in the late summer of 2012.


B U n k e r i n g

OilSpillResponseExerciseatPortlandHarborBYROGERLAWN|TECHNICALSUPERINTENDENT

PortlandPortandAegean’ssubsidiary,PortlandBunkersInternational,exercisetogetherona

regularbasistocoveremergencysituationssuchasfireand,ontheoccasiondiscussedhere,

anoilspill.

On January 14, 2010, Aegean’s Portland Bunkers Interna-tional took part in a joint

operation with Portland Harbor Authority in an Oil Spill Response Exercise, whose purpose was to meet the requirements of Portland Ports Oil Spill Contingency Plan, of which PBI forms a part.

The Harbor Authority or PBI will set up a scenario unknown to each other or the response teams until the exercise starts. On this occasion the scenario was set up by Portland Port: it was an oil spill from the Aegean X reported at 09:15 hours.

At 09:30 the teams were called to emergency stations; they were on station within one hour this is due

to the fact that all PBI staff and port staff receive anti pollution training and live locally. This service is avail-able 24/7.

When teams were mustered, the situation/ scenario was explained to them by the pollution control officer. He then deployed the men to their duty stations and the exercise began.

All communications, both radio and verbal, were coordinated though the Pollution Control Officer PCO.

The PCO controlled the opera-tion according to the information he received and the team leaders only responded to orders received directly from him.

In this particular exercise the Ae-gean X had suffered a burst cargo

hose whilst bunkering the vessel Wave Sentinel alongside. The basic plan was to contain the spill in the shore side boom by deploying it with PBI’s owned Island Girl as lead boat and Portland Southwell as tail boat. The boom was then used to move the spill in to a safe sheltered area, on this occa-sion the designated area was “Cham-ber Jetty,” for dispersal.

The Exercise was completed within 3 hours, teams were stood down and the area declared safe and clean at 1330 hrs.

It is interesting to note that all team members are trained in each other’s roles so if someone is unable to attend or is late, their place can be taken by another team member.


The Chamber represents 300 private

sector companies, 25% multina-

tional and 75% national. Its mem-

ber companies represent over 90% of the

foreign direct investment into Trinidad and

Tobago and has, in its short 16-year his-

tory, become the “de facto’ preferred point

of private sector representation for local,

U.S. and multinational companies.

The Chamber, in partnership with the In-

stitute of Critical Thinking, UWI, hosted the

National Youth Productivity Forum at which

students are exposed to issues of national

importance. This Forum features secondary

school students from across the country

discussing the theme, “Towards a Produc-

tive Trinidad and Tobago- A Roadmap for

National Competitiveness.” The primary

goal is the enhancement of national com-

petitiveness in identifying opportunities

presented by globalization. Key to success

in a global environment is productivity

and the intent is to educate young people

about its critical importance for sustain-

able national competitiveness. This Forum

will challenge the youth of T&T to promote

and develop improved consciousness of the

value of leading productive lives, resulting

in increased personal responsibility.

All secondary schools in Trinidad and To-

bago were invited to participate in five zone

Forums—North, South, East, Central, and To-

bago. At each round, a school shall represent

the perspective of Government, private sector,

Civil Society, and labor. After five rounds, four

outstanding teams were selected to partici-

pate in a final, held on April 10, 2010, and at

which they were tp develop a position paper to

present to the Government of T&T with recom-

mendations on how each component of soci-

ety contributes to enhanced productivity and

sustainable national competitiveness.

AegeanSponsorsForumofAmericanChamberofCommerceinTrinidad

AegeanbecameaGoldSponsorof“NationalYouthProductivityForum2009/2010,”

whichwasorganizedbytheAmericanChamberofCommerceofTrinidadandTobago.

�� AEGEAN NEWS SPRING 2010

B U n k e r i n g

TrinidadYoung,Successful,andEffectiveBYTHEODOROSMOTSENIGOS|STATIONMANAGER

AegeanatTrinidadreacheditsfirstninemonthsofoperation.Aegeanbeganoperations

offshoreTrinidad&TobagoinJuly,2009,utilizingmodernnew-buildingsupplytankers.

Since then, and thanks to Aegean’s family of professionals in all sec-tors and levels in our organiza-

tion, the operation proved sustainable with a regular monthly growth. This is because Aegean wields its power to bring an environmentally clean, safe, quick and quality operation to its valu-able customers who in return warmly expressed their trust and confidence.

It would be unfair not to mention in the success of the Aegean’s opera-tion at Trinidad the major role of our

fuels supplier Petrotrin. The role of Petrotrin is considered essential in this success, because of the extraor-dinary professionalism of its manag-ers, officers and employees, who all together, through their organizational procedures and policies ensure the high quality of fuels, the consistency of specifications, reliability, and the safe and on time loading schedule.

Speaking of success, over 150 ships received bunkers at Trinidad from Aegean in these three months. This

number will mean little if the 68% of these ships wouldn’t be ships that called for bunkers only.

Specifically, the factors that con-tributed to making the Trinidad op-eration successful are:

TheSupplyTankersThe ships belong to a series of Aege-an’s ongoing project of new-building that are specifically constructed for the bunkering operation. The ships could be easily considered articrafts


which ensure: ❚ low hydrocarbon emission engines

and boilers ❚ environmental friendly painting

system❚ powerful propulsion and steering

machinery❚ organized and efficient mooring

outfitting❚ integrated central navigation and

cargo operation❚ permanent and portable fender-

ing system exceeding OCIMF (Oil Companies International Marine Forum) requirements

❚ high performance pumping system❚ primary and secondary containment

of cargo systems ❚ slow speed maneuvering capabilities ❚ sophisticated hull and outfitting ❚ cargo transfer systems with safety

factor over 5:1❚ modern accommodation facilities

TechnicalManagementOur Technical Management is keep-ing the supply tankers on high perfor-mance standards and well maintained in accordance with industry stan-dards. The Technical Management procedures guarantee the proper and timely maintenance of the ships and the supply of the necessary spare parts. Their organization, together with the working and analysis and researching procedures, achieved zero breakdowns and improvement in many sectors the performance.

MarineandSafetyManagementThe Marine and Safety Management, through their continuous knowledge updating and Inspection programs and analysis procedures, are the profession-als who guarantee the accident-free operation, the proper outfitting of the supply tankers, safe navigation, and safe and efficient cargo handling. Their proactive actions achieved not only the

high standard maintenance of the ships complying with Industry’s require-ments but moreover zero accidents.

CrewingManagementIf all other departments considered parts of the body of our organization, our Crew Department is the brain. Their procedures and commitment and professionalism creates well trained and experienced seafarers that are operating our ships efficiently, properly and safely. Their employ-ment selection procedures, training and knowledge updating programs is dedicated to different cultures and operations all within Industry’s stan-dards keeping seafarers highly moti-vated. It is not luckily that their actions and procedures achieved zero human accidents and zero lost working hours.

OperationManagementThe operation department in this or-ganization, with such valuable and suc-cessful help, could not be other than to serve the clients in the best way with high standards. Operational statistics prove that our operation is quick and customer oriented, keeping delays to minimum, quick delivery turnaround, proper quality of product, and a trust-

ful environment with our clients.

TradingManagementOur integrated and successful Trad-ing Management is constituted of professionals who have longstanding experience and career in the Industry, committed to keep the family relation with our clients on 24/7 basis and provide the best service all around the world. Our traders are very close to the shipping market, aware of the day-to-day developments and the concerns of our clients, and trying to adopt their policies as to how best they can respond to each individual case. To all of our Trading Manage-ment we are expressing our thanks since, because of them, we can show to the world our professionalism, ex-perience, work, and efforts.

I am pretty certain that with such organization we will able to provide our services with higher standards ev-ery year. And this because our motive to success is that we set always the bar higher, trying our goals never to be reached, while others are setting goals saying that sky is the limit.

Congratulations to everybody who participated in any way to the success of the Trinidad Operation.


B U n k e r i n g

AegeanAcquiresVerbekeBunkeringinAntwerpBυ AnDreAS AthAnASiADiS |MANAGERUKANDNORTHERNEUROPE

OnApril1,2010,AegeanMarinePetroleumsuccessfullycompletedthe

acquisitionofVerbekeBunkeringNV,aleadingphysicalsupplierofmarine

fuelsintheAntwerp-Rotterdam-Amsterdam(A-R-A)regionwhichisthe

world’ssecondlargestbunkeringmarket.

SPRING 2010 AEGEAN NEWS �7

VerbekeBunkeringNVisaninde-pendentBelgianfamilycompany,ownedbytheVerbekefamily.Itwasfoundedin1969,andthelocationchosenwasofstrategicimportance:closetotheportofAntwerp,rightintheAntwerp-Rotterdam-Amsterdam-area.AlargepartoftheEuropeancontinentissuppliedthroughtheseports,twoofwhichrankamongthelargestportsintheworld.

�� AEGEAN NEWS SPRING 2010

This acquisition is in fact the largest in the Company’s his-tory and will strengthen Aege-

an’s global brand recognition.Verbeke Bunkering is a majority

owned by the fourth generation of the Verbeke family, and has an operat-ing history of more than 100 years, initially in shipping and subsequently in bunkering. As a physical supplier, Verbeke Bunkering covers the entire ARA region, including key ports sur-rounding Antwerp, Rotterdam and Amsterdam such as Ghent, Zeebruge,

Flushing, Terneuzen, and Sluiskil. The company, focusing on the

purchase of quality marine fuels from refineries and major oil producers, provides bunkering services in port to a diverse group of ship operators as well as marine fuel traders, brokers and other users. In 2009 the company sold 3,500,000 metric tones. With the completion of the acquisition, Ae-gean is expected to supply more than 1,000,000 metric tones of marine fuels per month on a global basis.

Verbeke Bunkering operates a total

of 18 bunkering vessels, of which nine are owned and nine are chartered-in. In connection with the acquisition, Aegean purchased the nine owned bunkering vessels, including a new-building which commenced op-erations on April 6, 2010 and assumed the contracts for the nine vessels char-tered-in by Verbeke.

Verbeke Bunkering will operate as a wholly owned subsidiary of Aegean Marine Petroleum, in its privately owned offices in the city of Sint-Job-In-‘t-Goor near Antwerp. General

B U n k e r i n g


Management will still be exercised by Verbeke’s CEO Tony Vertommen, who commented: “We are excited to merge with Aegean Marine Petro-leum Network. The Company has established itself as a leading inde-pendent physical supplier of marine fuel from procurement to delivery. By joining Aegean's premier global network, we expect to expand our opportunities for long-term growth and strengthen our leading position in our core markets.”

Dimitris Melissanidis, Aegean Group

founder, upon the completion of the acquisition procedure sent a warm message to all the members of Verbeke Bunkering, in which he stated. “I wel-come you to the family of Aegean and when referring to ‘family’ I really mean it and want you to know it, as this con-cept has been the basis and driving force of Aegean since the start. People inspired by friendship and respect to each other, teamwork, no internal poli-tics and fully committed under a united front working together for the success of the Company.”

TonyVertommenbeganworkinAntwerpatAlpina,ashipping/freighting/charteringcompany.Heworkedtherefrom1983-1987,doingmainlyoperationaljobs,andthelasttwoyearshewasplacedatthecommercialdesk.FromSeptember1987hejoinedVerbekeBunkering.Hehasbeenmarriedfor24yearstoTaniaHendrickxandhasthreechildren,Sam(22),Felix(20)andLisa(18).

TonyVertommen

Fromthesigningoftheacquisitionagreement.Fromleft:AndreasAthanasiadis,TonyVertommen,MarnixVerbeke,MarcvanHuffelen,SpyrosFokas,ChristelvandenEynden,DirkVandeenbroeck,ChristianBoehme,LeifMaris


2008 COMPANY UNLEADED95

PERCENTAGE%

UNLEADED100

PERCENTAGE%

SUPERL.R.P.

PERCENTAGE%

TOTALGASOLINES

PERCENTAGE%

1. SHELL 581129 16.2 42585 15.2 10817 5.8 634531 15.6

2. EKO 546484 15.2 43529 15.6 28602 15.3 618615 15.3

3. BP 484795 13.5 67233 24.1 29403 15.7 581431 14.3

4. AEGEAN 357901 10.0 26608 9.5 16705 8.9 401214 10.0

5. AVIN 253395 7.1 16869 6.0 14923 8.0 285187 7.0

6. JETOIL 243789 6.8 14869 5.3 16417 8.8 275075 6.8

7. REVOIL 226150 6.3 13278 4.8 14969 8.0 254397 6.3

8. ETEKA 217169 6.0 14046 5.0 9470 5.1 240685 5.9

9. ELIN 197406 5.5 14812 5.3 12774 6.8 224992 5.5

10. SILKOIL 127791 3.6 5710 2.0 10638 5.7 144139 3.6

11. CYCLON 100408 2.8 7691 2.8 5194 2.8 113293 2.8

12. DRACOIL 76558 2.1 3414 1.2 4974 2.7 84946 2.1

13. KAOIL 51247 1.4 2726 1.0 3987 2.1 57960 1.4

14. GALLON 47842 1.3 2951 1.1 2134 1.1 52927 1.3

15. KMOIL 27937 0.8 1191 0.4 2642 1.4 31770 0.8

16. ARGO 19837 0.6 810 0.3 1621 0.9 22268 0.5

17. MEDOIL 10661 0.3 431 0.2 704 0.4 11796 0.3

18. SUNOIL 6447 0.2 250 0.1 515 0.3 7212 0.2

19. CHRISOIL 5663 0.2 195 0.1 138 0.1 5996 0.1

20. BITOUMINA 4060 0.1 78 0.0 42 0.0 4180 0.1

21. ELPETROL 3039 0.1 133 0.0 189 0.1 3361 0.1

TOTAL 3589708 100.0 279409 100.0 186858 100.0 4055975 100.0

TABLE IΙ REMARKS: All quantities are expressed in metric tons.

The domestic fuel market was stagnant during 2009 regard-ing consumption in total fuels.

According to the data announced by the Ministry of Environment, En-ergy and Climate Change, a decline of 3.07% has been registered in the con-sumption of automotive fuels, unlike the heating fuel consumption, which registered an increase of 7.57%.

Contrary to market stagnation dur-ing 2009, Aegean registered an increase of its sales by 3.86%, and an increase of 1.98% in automotive fuels sales (Table Ι).

It is worth noting that Aegean, during the past three years, has been secureiy in the fourth place in gaso-line sales among the total of compa-nies active in the market and has by

now a market share approaching 10% (Table ΙΙ).

Furthermore, it should be under-lined that following the acquisitions announced within 2009 (ΒΡ from Hellenic Petroleum and Shell from Motor Oil Hellas), Aegean has in real-ity become the third pillar in the sec-tor and is called upon to play the role it deserves to have.

r e t A i l

StagnationinFuelConsumptionDuring2009BYKONSTANTINOSPOURSANIDIS|GENERALMANAGER

Increase/DecreaseofSalesPercentageinDomesticMarketofYear2009VS2008PRODUCT TOTALMARKET AEGEANSUPERL.R.P. -26.39%

AUTOMOTIVEFUELS -3.07%

-21.69%

AUTOMOTIVEFUELS 1.98%UNLEADEDPETROL95 2.19% 8.42%

UNLEADEDPETROLU100 -0.12% 16.25%

DIESELENGINE -7.44% -6.83%

DIESELHEATING 7.57% 8.43%

TOTALFUEL -0.17% 3.86%

TABLE I SOURCE: MINISTRY OF ENVIRONMENT, ENERGY AND CLIMATE CHANGE

GasolineMarketSharesAccordingtotheMinistryofEnvironment,EnergyandClimateChange,forYear2009

SPRING 2010 AEGEAN NEWS 2�

AegeanRetailBackto…SchoolReviewofPapersfor2009

The seminar presenter was Mr. George Bouas, Development and Training Consultant, with

extensive experience in Human-Work Relations and with a specialization on issues of European Conception and Philosophy. Fifty retail executives from Athens, Thessaloniki , Alexandroupo-lis and Crete attended the seminar.

The seminar’s goal was:❚ The realization of the human factor’s

importance in Europe in the 21st century

❚ The quality awareness and team culture

❚ The improvement of the customer ser-

vice level and achievement of targets❚ The improvement of relations at

work and at homeThe development of all issues was

detailed. The importance of individual quality, team work, good human rela-tions, inspired management, modern systems and operations businesses must follow were all underlined. There was enough time for questions, so that all participants had the opportunity to fully understand the material present-ed to them. The participants’ interest throughout the seminar was intense and their comments at the end of the seminar very positive. The event was

followed by a Review of Papers for the previous year. Results were presented, data were analyzed, targets were set and directions were given for the new year, 2010. The meeting was completed with the speeches by Mr. Dimitris Me-lissanidis and Mr. Iakovos Melissani-dis. Mr. Dimitris Melissanidis under-lined the importance of the participa-tion of all in the correct and efficient operation of the company, the vigilance and constant effort that must be exert-ed to keep the company competitive, and the targets everyone must exceed in order for the company to secure an even bigger share in all sectors.

InJanuary17,2010atDivaniApollonPalaceHotel,Aegean’sRetailpersonnelparticipatedin

theseminar”Howtobuildabusiness,competitiveandreadyforEuropeofthe21stcentury.”


He started his career in this line of business when he was 22 years old and he started

alone. No father, other relatives or close friends working in this field.

"I started alone and quite young and I opened my first gas station in 1977 in Palia Kokkinia."

Since then, and up to 2005, the gas station owner describes a rather ad-venturous course, with several chang-es in the locations of his stations, sales and acquisitions, in successive cooperation with two well known companies. His description is almost in one breath, but it suddenly slows down. We have reached year 2005. A landmark in his career. A year where things start to change.

"My cooperation with Aegean start-ed in August of 2005, in the gas station located in Pasalimani."

Howdiditcomeabout?

I knew both Iakovos and Dimitris Me-lissanidis. More important possibly was my acquaintance with Mr. Pera-matzis, from the years he was working

for one of the companies I was previ-ously working with. I thought very highly of him and I trusted him. A meeting was arranged with Iakovos, I was satisfied with all we discussed and I made up my mind.

You also have a gas station on Skylitsi

street.Whendidyoutakeitover?

This gas station was an Aegean station from the beginning. I took it over in August of 2006.

Wewanttoaskyousomethingwealways

askourgasstationowners.Inthebegin-

ning,whenyou firstputup theAegean

logo, did you have any negative reac-

tionsfromyourclients?

Well, they had some reservations. Most of them had some special cards with the previous company and this change created a problem for them. But all this “grumbling “ did not last for more than two months. The competitive prices and the quality of products won over gradu-ally even the most difficult of clients, and also attracted new ones who had heard about Aegean and what it repre-

sented. Not only that, but regarding Ae-gean lubricants, which in the beginning our consumers were hesitant to use, we now have no problem whatsoever.

Bynow,afterseveralyearsofbeingwith

Aegean, youare surely in aposition to

makeanassessmentofthiscooperation.

Whatisinyouropinionthemostsignifi-

cantaspectofthispartnership?

I am sure other colleagues have given you the same answer. Besides the good prices, and the products which I totally trust, what really has made the differ-ence in this cooperation is something which to me is invaluable. There is a human face in this relationship. I did see this face too in my previous coop-erations, but it was there until the sign-ing of the contract. From that point on, everything became impersonal. If the need arises, I can easily talk to Dimitris Melissanidis himself. This is something very important and not only regarding business. In general, life relationships should have compassion.

In short, my cooperation with Αegean is the best I ever had.

Mr.FanourgiakishastwogasstationsinPiraeus.ThefirstislocatedinPasalimaniandthe

otheroneatthecrossroadsofSkylitsiandPythagorastreets.

IoannisFanourgiakisTheBestCooperationEver

s t A t i o n s o F t h e M o n t h


TheologisPapadopoulosAegeanisAlwaysWillingtoSupportUs

Andbeforethat?

I was a soccer player. As a mat-ter of fact I was playing soccer

together with Dimitris Melissanidis. I stopped when I was 33. From then up until 1994 I became involved with heating systems, a “warming up” let’s say for this business. In 1996 I decided to move on and I opened up this gas station in Sokratous. I started alone, without a partner, and I had no prob-lem with that. On the contrary I liked it a lot; I felt I had freedom in my moves.

Whenyoustartedyoumusthavehada

cooperation with another fuel trading

company since Aegean was not yet on

thescene.

This is correct. I had a cooperation which never created any problems. On the contrary, I was quite pleased with it.

Then why did you decide to cooperate

withAegean;

Well, personal relations played a role here. Aegean was relatively unknown, but the Melissanidis brothers were very well known, to me anyway. Ia-kovos came to see me, he explained to me what Aegean was all about and how it was planning to move in the market, and this is how I made up my mind. At this point I must say that the personality of Iakovos, his direct man-ner, are a huge part of the company’s success and have contributed greatly to influence many colleagues of mine to take the same decision. Aegean’s course in the years that followed has

more than justified our decision.

Did you have any problems with the

consumingpublicinthebeginningofthis

change?

Some reservations yes, but I cannot say I faced any real problems. The station is located in a very good spot; it is a “sta-ble” business. Today, of course. Aegean’s logo is by itself a guarantee of quality and a “magnet” even for passers by, who are not part of our regular customers.

In your opinion, what is the strongest

pointofyourcooperationwithAegean?

Undoubtedly, the personal relation-ship. Whenever I needed something I talked with Iakovos and the situation was dealt with right away. Of course you might think that I was in an ad-vantageous position since I knew him personally, but that is not so. There is this spirit, throughout the whole com-pany, of having a personal contact with their partners / gas station own-ers, and this is something well known. At Aegean there is always a willing-ness to help and support the gas sta-tion owner. This for me is the stron-gest point of a cooperation.

Mr.PapadopouloshasagasstationinSokratousstreetinLarisa.Hestartedinthisprofession

whenhewas36yearsold,in1996.

Throughout the whole company there is this spirit of having a personal contact with their partners / gas station owners

2� AEGEAN NEWS SPRING 2010

AegeanBecomesPublicPowerCorporation’sMainLubricantsSupplier

l U B r i C A n t s

InMarch2010AegeanOilputinforceContract611913withGreece’s

PublicPowerCorporation,regardingthesupplyofcylinderoillubricants

forenginesconsuminglowsulphurcylinderoil.


This specific product is used in low-speed two-stroke engines used by PPC for electric energy

production with the use of crude oil of a lower than 1% sulphur content. This is a demand of the new environmental Community Directives, regarding the reduction of fuel sulphur and the min-imization of environmental effects.

The undertaking of this contract by Aegean confirms the company’s abil-ity to produce contemporary lubri-cants that keep up with technological developments and which at the same time place the company among the main and reliable lubricants suppliers

of Public organizations.The quality of the produced prod-

uct is certified through the quality control procedures of the laboratory at Aegean’s Aspropyrgos Installations, and also through PPC’s quality con-trol inspectors, who reconfirm the excellent quality per batch of deliv-ered product.

In order to serve the needs of the contract and to cover its quantita-tive and supply needs, Aegean has exclusively dedicated tanks of raw materials and finished product at its Aspropyrgos installations, ensuring the unobstructed and immediate sup-

ply to PPC at any time. PPC's production units covered

under the contract are located in the island region, including Crete, Rhodes, Kos, Chios, Lesvos, Samos and Paros.

It is a great honor to implement such a contract for two years and we look forward to even

greater success in the future TheodoreHabipis,AegeanOil’sLubricantsCommercialManager

Thepresenceofsulphurinfuelisoneofthemaincausesofac-idrain,throughthecombustionprocesswheresulphuroxides(SOx)areproducedwithseriousenvironmentalconsequencesregardingthedestructionofforestsandbuildingsandthein-creaseoftheacidityofsoilandofwaterresources.Highconsumptionofhighsulphurcontent fuels ispresent inthesectorsofshippingandelectricenergyproduction, where the cost of fuel deter-minestoagreatextenttheeconomicper-formanceofthesector,whileatthesametimethiscostisinverselyproportionaltothefuel’ssulfurcontent.In order to deal with the environmentalissuesrelatedtothefuelsulphurcontent,legislativedecreeshavebeenputintoef-fect,ataglobalaswellasataEuropeanlevel, which determine its quota. For ex-ample,infueloilthelimithasbeensetlowerthan1%.Theenforcementofthesedecreesatatechnologicallevel,andspecificallyregardinglubricantsusedinlow-speedtwo-strokeenginesconsuminglowsulphurFuelOil(astheonesPPCusesforelectricenergyproductionintheislands),createdtheneedfortheproductionofspeciallubricantsforsuchause.Thebasicparameterwhichspecifiestheoperationofthecyl-inderoilinthistypeofenginesisthesocalledBaseNumber,whichisrelatedtothealkalinityofthelubricantusedtocoun-teractthesulphuracidproducedasaresultofthecombustion

processofthesulphurcontainedinthefuel.Normal lubricants used in conventional engines using highsulphur fuel (>1.5%), usually have Base Number 70. On thecontrary, those used in engines consuming low sulphur fuelusuallyhaveBaseNumber40.TheuseofcylinderoilsofhighBaseNumber(BN=70) inen-

gines using low sulphur fuel would havenegative consequences and would createhighdeposits,duetothepresenceofex-cessivealkalinityinthelubricant.Thisledtotheneedfordevelopinganewlubricanttechnologywithloweralkalinity,andalsoof a different consistency than conven-tionalcylinderoils.Thesecretofthenewtechnologyliesinthelackof sulphur from theused fuel,whichononehandcreatesseriousproblemsfrom

anenvironmentalaspect,butatthesametimeplaystheroleoflubricantforthecylinders(sulphuritselfhaslubricatingeffects).Therefore,thesolution intheproductionof lubricantsforthesenewcylinderoilsisnotsimplyrestrictedinthereductionofthelubricantsalkalinity,butalsoinitsreinforcementwithadditives,whichwillcoverthelubricationgapcausedbythelackofsulphur.Thedemandfornewtechnologycylinderoils(tobeusedinlowsulphurfuels)isexpectedtoincreaseyearafteryearandevenmoresoastheenvironmentaldemandsforshippingandenergyproductionfuelsincrease.

ProductionofCylinderOilsforLowSulphurFuels–TechnologicalApproach

We are happy to produce products that cover PPC’s needs in this sector

PavlosZervogiannis,ManagerofAegean’sAspropyrgosPlant

I Protect the Environment-I Safeguard my FutureIf we want to contribute to the protection of the planet we must, first of all, make sure we receive all the available information about what is happening in the world and pass the information on to others.

Children And the environMent

Indonesiantigersarebecomingextinct

According to a report by WWF, the tiger population in Indonesia

was down to 350 from 1200 in 1998, due to illegal hunting and the

destruction of the natural environment.

All around the globe the number of tigers is 3200, the smallest to

date, down from almost 7000 12 years ago. Wild animal smuggling is

extensive in Asian countries and it is estimated to have a value of more

than 20 billion dollars. Tiger skins are being sold on the black market

as rugs and capes. The destruction of forests, which are their natural

habitat, also contributes to the reduction of the tiger population, ac-

cording tο the report.

Theplanet’sfive“greenest”cities

The five “greenest” cities of the planet are not necessarily those

with the most greenery, but those cities which have made the great-

est progress in reducing the pollution of the environment.

The first one is Iceland’s reykiavik, which uses clean forms of

energy, mostly geothermal and hydroelectric, and citizens use hy-

drogen buses for their transportation.

The second city is Portland in the state of oregon of the U.S., one

of the first cities to focus on alternative forms of mass transportation,

such as the tram, and an extensive bicycle network.

In the third place stands Brazil’s Curitiba, a city of about 2 million

people located 650 km southwest of Rio de Janeiro, that has become

a model for green cities through illustrating the powerful effects of

public participation. It has a comprehensive recycling program that

has a high participation rate; 70 percent of the city's citizens use

this program, including people of all classes and neighborhoods. In

fact, food and bus coupons are given out by the city in exchange for

recyclable products.

Sweden’s Malmo, the fourth city, is known to all for the extensive

areas of green available to all its citizens. Fifth is Canada’s vancou-

ver, which hosted the 2010 Winter Olympic Games. Ninety percent

of the city’s energy is derived from hydroelectricity and investments

in wind and solar energy ensure a “green” future for its citizens.


I BECOME INFORMED - I INFORM OTHERS - I ACT

2010InternationalBiodiversityYear

The United Nations proclaimed 2010 to be the International Year

of Biodiversity, warning that the disappearance of a huge variety of

animals and plants, the places they live and their surrounding environ-

ments, is enormously affecting the prosperity of people all over the

globe. The United Nations hopes this year the governments of the world

will conclude a binding agreement for the protections of all species.

Koalas, the Arctic fox, the beluga whale, a kind of penguin, and the clown

fish are at the top of the list of endangered species.

Some biologists believe that we are in the middle of the sixth great-

est period of species extinction on the planet. They point out that the

previous five were caused by natural disasters. The General Secretary

of the United Nations. Ban Ki- Moon, called on the leaders of the world

to “wake up” and seek effective ways for the protection of forests, coral

reefs and other ecosystems, otherwise humanity will loose all they have

to offer, such as protection from extreme weather conditions and the

supply of raw materials for housing and heating.Europe’sWhiteBible

Rising temperatures, melting of the glaciers, rising sea levels,

forest fires, floods and drought are only a few of the consequences

of climate change. Since 1998, Europe has experienced 100 major

floods, responsible for the deaths of more than 700 people, the

migration of over 50,000 people, and damages totalling billions

of Euros. Lack of water affects more than 100 million Europeans in

more than half of the European Union’s states. As consequences are

different in each region, actions to deal with them must coordinated

on a national, regional, and local level. Up to now only a few states

have developed strategies for dealing with the consequences of

climate change. To achieve a common and integrated approach, the

European Commission presented a White Bible, whose ultimate goal

is to form a European action plan and find ways to estimate the needs,

the measures to be taken, and the decisions of member states. The

European Union will support the efforts of member states in a co-

ordinated manner, in order to complement rather than substitute

existing actions.

SPRING 2010 AEGEAN NEWS 27

2� AEGEAN NEWS SPRING 2010

The device was recovered in 1901 from a cargo ship wreck off the island of Antikythera, between the islands of Kythera and Crete.

From the Greek inscriptions it bears it has been conclud-ed to have been built between 150 and 100 BC., long before the ship wreck occurred which is believed to have happened between 87 and 63 BC.

The wreck was discovered at a depth of 43 meters, and the mechanism, together with other recovered findings, is displayed in the Bronze Col-lection in Athens’ National Archaeological Museum.

When in 1902 the archae-ologist Spyridon Stais an-nounced his first conclusions on the origin and use of the mechanism, he was strongly challenged by the internation-al archaeological community as it was considered impos-sible to have such a precise mechanism built in antiquity. However, additional research and studies not only agreed with Stais’ conclusions but they also confirmed that the mechanism was not a replica of an original but was in oper-ation when the ship wrecked. This conclusion came from evidence of repair work, such as the replacement of a gear tooth and a wheel radius that had been broken, possibly due to poor handling or incom-plete construction.

The use of innovative systems of digital imaging and a special scanner built especially for the Antikythera mechanism confirmed that the device, which is made of bronze in a wooden framework, has over 30 gears, with

teeth formed through equilateral triangles, rotating around 10 axes. When a date was entered (via a crank now lost), the mechanism calculated the position of the Sun, Moon, or other astronomical information such as the location of other planets

Several of the markings on it, which have been read with the help of the scanner, include astronomical and mechani-cal terms and have been characterized by experts as a kind of a "user’s manual" of the device.

The most recent findings of The Antikythera Mecha-nism Research Project, as published in the July 30, 2008, edition of Nature, suggest that the concept for the mecha-nism originated in the colo-nies of Corinth, which might imply a connection with Ar-chimedes. The circumstances under which it came to be on the cargo ship are unknown, but scholars agree that the mechanism itself was made in the Greek speaking world. All the instructions of the mecha-nism are written in Greek.

A statement made by Pro-fessor Michael Edmunds of Cardiff University, the lead

academic on the Antikythera Mechanism Research Project, characterizes best the Antikythera Mechanism: "This device is just extraordinary, the only thing of its kind. The design is beautiful, the astronomy is exactly right. The way the me-chanics are designed just makes your jaw drop. Whoever has done this has done it extremely carefully...in terms of historic and scarcity value, I have to regard this mechanism as being more valuable than the Mona Lisa.”

TheAntikytheraMechanism

TheAntikytheramechanismisanancientdevice,believedtohaveplayedtheroleofa

mechanicalcomputer,designedtocalculateastrologicalpositions.

r o o t s


A U t o M o B i l e h i s t o r y

Although these vehicles are not yet ready to address the needs of the average consumer, new

developments occur every day and perhaps soon they will become a part of our daily lives.

The efforts of researchers, in addi-tion to building electric vehicles that are propelled with the help of a bat-tery, are oriented toward the building of vehicles that receive their energy

for their charging from the sun. As a matter of fact, as photovoltaic systems are being developed—increased per-formance, more flexible and lighter —research for electric vehicles ben-efits as it is geared towards cars with the greatest autonomy.

MIT once again has pioneered with a new model of a solar car it

built, named Eleanor. The Speedy MIT Solar Race Car, or Eleanor, is the creation of the Solar Electric Ve-hicle team at MIT. In the past, this team has built other models of elec-tric/solar cars, but Eleanor consid-ered a revolutionary development. Eleanor takes all the energy it needs from the sun and can reach a speed of 90 mph (almost 140 kilometers per hour). Surely it cannot sustain

this speed for very long but its aver-age speed is approximately 85 kilo-meters per hour. Special attention has been given to its shape, which is totally aerodynamic. Regarding its technica l charac ter is t ics , i t i s equipped with 580 silicon solar cells that produce 1200 W, energy which is stored in a lithium-ion battery. The

vehicle has three wheels, as is the case for similar vehicles that partici-pate in electric car races, is “dressed” in carbon fibers and Kevlar, and has a steel chassis. Even when there is no sun to charge its batteries Eleanor can cover a distance from Boston to New York with an average speed of 85 kilometers per hour. Eleanor cost $243.000 to develop and participated in the World Solar Challenge 2009, a

race that took place in Australia. This event has a 20-year plus history and was first organized in 1987. World Solar Challenge attracts teams from all over the globe and participants include universities and research en-terprises. The objective of the race is the promotion of research on solar vehicles.

SolarVehicleTheresearchregardingenvironmentallyfriendlyvehiclesiscontinuousandmoreandmore

originalmodelsarebeingdesignedwithbetterperformancethanthepreviousones.

Eleanor takes all the

energy it needs from the

sun and can reach a speed

of �0 mph (almost ��0

kilometers per hour). As it

cannot sustain this speed

for very long, its average

speed is approximately ��

kilometers per hour.


The findings of the excava-tions were stone tools which, according to archaeologists,

are at least 130,000 years old. Given the fact that Crete has been an island for more than five million years, the conclusion is drawn that the toolmak-ers must have arrived there by boat. Therefore, archaeologists specializing in the Stone Age support that the history of Mediterranean voyaging is older than 100,000 years. Previ-ous artifact discoveries had shown people reaching Cyprus, a few other Greek islands and possibly Sardinia no earlier than 10,000 to 12,000 years ago. According to what was known until now, the oldest established early marine travel anywhere was the sea-crossing migration of Homo sapiens to Australia, beginning about 60,000 years ago. There is also evidence,

mainly skeletons and artifacts on the Indonesian island of Flores, of more ancient hominids travelling by sea to new habitats.

The excavations in Crete, near the town of Plakias, brought to light more than 2,000 stone artifacts, including hand axes. The team of archaeologists was led by Thomas F. Strasser, Profes-sor of Art History at Providence Col-lege in Rhode Island and Mrs Eleni Panagopoulou, an associate at the Greek Ministry of Culture. They were assisted by Greek and American ge-ologists and archaeologists, including Curtis Runnels of Boston University.

The team went in looking for mate-rial remains of more recent artisans, nothing older than 11,000 years, such as blades, spear points and ar-rowheads typical of Mesolithic and Neolithic periods. The excavation did in fact reveal such objects but then they also found the hand axes. They were impressed because “these things were just not supposed to be there.” Dr. Runnels said in an interview. The tools could be as much as 700,000 years old as they all were in the Acheulean style. (The Acheulean pe-riod is a stage of the prehistoric era). The standard hypothesis up to then had been that Acheulean toolmakers reached Europe and Asia via the Mid-dle East, passing mainly through what is now Turkey into the Balkans. The new finds suggest that their dispersals were not confined to land routes.

Archaeologists and experts on early nautical history said the discovery ap-peared to show that these ancient mariners must have had craft sturdier and more reliable than rafts, and also the ability to conceive and carry out repeated water crossing over great distances in order to establish sustain-able populations producing an abun-dance of stone artifacts.

InCreteTheOldestSeaJourneyintheMediterraneanBASEDONANARTICLEBYJOHNNOBLEEILFORDINTHENEWYORKTIMES

Thefindingsbroughttolightduringarchaeologicalexcavationsduringthelasttwosummers

ontheislandofCreteseemtosupportthepossibilitythattheearliestseafaringtookplace

intheMediterranean.

M A r i t i M e t r A d i t i o n

plAkiAs


Aegeanisproudofthecontemporaryimageofitspetrol

stations.Stationpersonnelenhancethe“AegeanLook”

throughclothingandproductsthatreflecta

commitmenttoqualityandcustomerservice.

Productsthatsay

“We‘redifferent”

t h e A e g e A n i M A g e

��SPRING 2010 AEGEAN NEWS


Aegean’s websiteswww.aegeanoil.grwww.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 inPiraeus,and inGibraltar,Singapore,Jamaica, theUnitedArabEmirates,Antwerp,PortlandUK,Tema inGhana,MontrealandVancouver.AllitsproductsareISO8217certified.TheCom-pany,whichisamemberofIBIAandisISO9001certified,iswellpositionedontheFOBASWhiteList.

SHIPPINGAegean's fleet of ships is at the heart of its superior service worldwide. Itsvesselsoperate in full compliancewithEUand international standards, areallcertifiedwiththecodeofsafemanagement ISMandSOLASandare incompletecompliancewithMARPOLregulations.Aegean continually adds to its fleet of ships, which includes large vessels as well assmaller capacity vessels. Its fleet transports oil cargoes worldwide on behalf of major oilcompanies,commercialclients,andAegeancustomers.

LUBRICANTSAegean produces and markets high performance lubricants for vehicles andindustrialuseundertheAegeanbrandand,forthemarinemarket,undertheALFAbrand.ALFAmarinelubricantsarecertifiedandapprovedbythelargestmarineenginemanufacturersintheworld.The resources of our company and our follow–up service create our suc-cessful relationships and allow Aegean to supply lubricants in 500 portsworldwide.

ENVIRONMENT-HECTheHellenicEnvironmentalCentercollects,transportsandprocessesoilresi-duesfromshipsandlandunits(industrial,shipyards),whileitalsomanagesallliquidresiduesproducedbyships.InordertocarryoutitsworkHEChasthemoststate-of-the-artequipment,consist-ing of floating separators, a fleet of pollutant-collecting tankers, and well-equippedtanktrucks.HECactstoprotectthemarineenvironmentandatthesametimecontributessignificantlytothesavingofenergywiththerecyclingproceduresitusestotransformthereclaimedpollutantsintoenergyresources.

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

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