ShippingWatch

Aegean renames after restructuring

Bunker supplier Aegean, which filed for bankruptcy protection last year, has now completed its restructuring plan and changed its name. The process was executed by the company's new owner, Mercuria Energy Group.

Photo: Arkivfoto/Colourbox

Greek marine fuel company Aegean Marine Petroleum Network is changing its name to Minerva Bunkering following a completed restructuring process, the new owner, Swiss commodity trader Mercuria Energy Group, informs in a statement.

"We are pleased that Aegean has completed its restructuring, and now as part of Mercuria, is a significantly stronger company with greater supply capabilities and access to liquidity," writes Aegean Board Director Tyler Baron.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

For Coca-Cola, chartering vessels is by no means a foreign concept

Coca-Cola made a splash when one of the company's execs recently informed that it had chartered three dry bulk vessels as a result of the strained supply chains. It's a frequently used method, the company tells ShippingWatch. Nike expects shortages of products in coming quarters.

Further reading

Related articles

Trial banner

Latest news

See all jobs