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Greek bunker company dragged down by shipping and extreme weather

Aegean Marine Petroleum has declined to a deficit in the third quarter due to a tough shipping market and extreme weather conditions, prompting the oil price to rise. The company has lowered costs, says the CEO.
Photo: Colourbox
Photo: Colourbox
by NIKLAS KRIGSLUND

Problems in shipping and extreme weather have impacted the result in bunker company Aegean Marine Petroleum.

The Greek company, which is listed in New York, published a report for the third quarter 2017 which revealed red figures on the bottom line.

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