Court approves Aegean's credit facility

The US Bankruptcy Court has approved destitute bunker company Aegean's credit facility.

Photo: Aegean Marine Petroleum

Crisis-stricken bunker company Aegean has had its credit facility approved by the US Bankruptcy Court in New York.

The approval bolsters the company's liquidity and makes it possible for Aegean to pay, among others, suppliers and employees in order to keep the company in operation, writes the company in a press release.

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