Aegean in Panama

Aegean News
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
Summer 2011
Aegean
Celebrates New
Headquarters
in Piraeus
Aegean Marine
Petroleum
Supply
Operations
in Tenerife
Aegean Power
Participates
in Economist
Event
Plus
Flows & Currents
Maritime Tradition
Aegean
in Panama
Two Oceans,
Endless Opportunity
editorial
In football, the most successful players do not move
to where the ball is, they move to where the ball will
be. In business, as in football, anticipating where you
should be in the future is a result of accumulated experience, intuitive insight, out-of-the-box thinking, and an
inner compass that points to correct positioning.
Since its IPO in 2006, when it had a presence in five
service centers, Aegean Marine Petroleum (NYSE: ANW) has positioned itself
in 19 countries worldwide, serving 50 ports. Such growth has made Aegean a
leader in the international bunker industry. In parallel, its newbuilding program
ensures a modern, highly efficient fleet of vessels that serve all clients with speed,
safety, and security. Key to its growth model has been the astute anticipation of
new market opportunities.
Panama, the newest market for Aegean, represents a location that is set to
Aegean
Core Activities
Retail
àAEGEAN OIL has established a gas station network throughout Greece, and is
one of the fastest growing companies
in the retail market. AEGEAN’S gasoline
market share in Greece is 10%.
Shipping
à AEGEAN SHIPPING manages a fleet of
tankers, ranging from 3,500DWT to
100,000 DWT, that transfers and delivers
oil to our clients throughout the world. All
ships meet ISM standards.
be truly transformative within a few years. As the Panama Canal undergoes a
major expansion project that will double its capacity by 2014, and which will allow more and larger ships to transit, Aegean is positioned to reap major benefits
through its 20-year concession to supply bunkers at both the Atlantic and Pacific
ports of the canal.
Already one of the world’s most important passages for seagoing vessels, the
Panama Canal will retain its global importance for decades to come with this
new 20-billion dollar project that is creating more than 30,000 construction jobs.
At the same time, Aegean locks in one of its most important contracts in the
world, securing long-term benefits for shareholders, staff, and business partners.
More locations are in the pipeline for Aegean. With its extended success in
anticipating growth areas, Aegean Marine Petroleum is set to increase its market
share and continue to be a global market leader.
Bunkering
àIn Piraeus, New York, Antwerp, Cyprus,
Fujairah, Khor-Fakkan, Gibraltar, Jamaica, Mexico, Miami, Montreal, Portland-UK,
Singapore, Tangiers-Morocco, Trinidad &
Tobago, Vancouver, West Africa-Ghana,
Las Palmas de Gran Canaria, AEGEAN MARINE PETROLEUM is a leader in providing
the best bunkering services available. AEGEAN MARINE PETROLEUM is the market
leader in bunkering.
Agency Services
à Ships from around the world rely on AEGE-
Raymond Matera
AN AGENCY services at Piraeus, Gibraltar,
and Jamaica, from loading and discharging, to spare parts and supplies.
Publisher
Lubricants
à AEGEAN OIL produces and markets high
performance lubricants for vehicles and
industrial use, under the AEGEAN brand
and AEGEAN MARINE PETROLEUM trades
and supplies lubricants for the marine
market under the ALFA brand.
SUMMER 2011 AEGEAN NEWS AEGEAN
MARINE
PETROLEUM
contents
16
Aegean Marine Petroleum Network
obtained the permit to operate onshore
storage facilities in Panama
CODE: 5169
Summer 2011
Aegean News is published
quarterly by AEGEAN
Publisher & Managing Editor
Raymond Matera
DESIGN
Snack
7
Aegean welcomed friends and associates at a reception to celebrate its new global headquarters in the heart of Piraeus
4 Aegean Update
7 New Aegean Headquarters
Aegean Celebrates its New Headquarters 10 F lows & Currents
Trends and News in the Oil and Energy Fields
12 Bunkering
Printing and Binding
Korifi Publications SA
Gibraltar: Aegean in One of the Largest Bunkering
Ports in the Mediterranean
Owner
Aegean
10 Akti Konydli
185 45, Piraeus, Greece
Tel: +30 210 458 6000
Fax: +30 210 458 6241
E-Mail: info@aegeanoil.gr
Websites: www.aegeanoil.gr,
www.ampni.com
13 A
egean Marine Petroleum
Comments and suggestions are welcome.
20 A
egean Marine Petroleum
Aegean News is free of charge and is available, subject to availability, to
any interested person or organization.
22 Aegean Marine Petroleum
Please Recycle
M/T Sara in Two EMSA Exercises
14 A
egean Marine Petroleum
Ιnauguration of the New Barge Montana in Antwerp
16 A
egean Marine Petroleum
Aegean Expands its Activities In Panama
Supply Operations in Tenerife
Bunkerworld Conference 14
The official inauguration ceremony of the new, ultra modern estuary barge Montana took place in the Port
of Antwerp
23 Aegean Power Aegean Power Supports Economist Event
24 Stations of the Month
Petros Noulis—7th Kilometer Promahona-Kilkis
National Road
George Droudakis—Armenoi, Rethymnon, Crete
26 Maritime Tradition
The Port of Patras
27 History of Automobile
Auto Racing—The Beginning 28 C
hildren and the Environment
30 Travel with Aegean A Visit to Epidaurus
31 AEGEAN IMAGE
Products That Say “We’re Different”
SUMMER 2011 AEGEAN NEWS A e g ea n
Upda te
New Stations
in Aegean’s Retail
Network
The Aegean network is growing throughout
the country. Listed below are the stations
that have started displaying the Aegean
Logo during the past three months.
147 El.VENIZELOU-ALEXANDRIA IMATHIAS
MATZIARIS, NIKOLAOS
PONTOHERAKLIA- KILKIS
MIHAILIDOU, EKATERINI
Aegean Reproduces
a Legendary Car
G.Melissanidis (right), M.Xyderis
Mr. George Melissanidis and Mr. Menelaos Xyderis, Aegean Shipping Management Technical
Manager, came up with the novel idea to create something unique and went ahead with the
reproduction of the Cobra MK4 Roadster of the Factory Five Racing company.
The most modern materials and racing equipment, Ford Racing (Custom Built) V8 [427in3
Displacement, 540hp Horsepower, 545 ft/lbs Torque] engine, were imported from the U.S.
The Aegean team, with zeal and great enthusiasm, left their personal stamp on this handmade creation and managed to reproduce the legendary car of the 1960s, maintaining its
charm but at the same time improving performance and reliability with an end result that far
exceeded all expectations.
ΚΑΕ ΕUZONON-KILKIS
Κ.Α.Ε. SA
AGIOS VASILIOS KORONIAS-LAGADAS
THESSALONIKI
GOLFOS AR., VASILIOS
KOUTSELIO-IOANNINA
BARATSAS, NIKOLAOS
G. THEOTOKI & Ε. TRIANDAFYLLIDI-RHODES
BILLIS A., IOANNIS
Logging On
Customers and associates of Aegean
may visit the company’s website, www.
aegeanoil.gr, to learn about the company’s activities. Bunkering customers
may register online to conduct business
and maintain contact with the bunkering department at www.ampni.com.
AEGEAN NEWS SUMMER 2011
M/T Nisyros in Tangier Med Annual Oil Drill
On Friday May 20, 2011, the Annual
Oil Spill Drill took place at Tangier
Med Port with the participation of the
Master and crew of M/t Nisyros and
the local Port Authorities. During the
sixteen minutes of the drill the duties
undertaken by our crew consisted on
reporting the oil spill and activating the
Emergency Stop, raising the alarm, followed by the Master informing the relevant Port Authorities and an sending
initial report as per SOPEP (Shipboard
Oil Pollution Emergency Program)
procedures. After gathering the crew
members at the Master's station, who
were separated into four teams, each
Aegean In Antwerp Annual Soccer
Tournament
On Saturday, May 7, our Antwerp-based office participated in the annual soccer tournament
organized by the Zeebrugge Port Authority. The morale and atmosphere were excellent on a
fantastic sunny day, providing a perfect opportunity for outdoor activity outside of the daily
bunkering challenges. The tournament was played between different port operators and users, varying from the Belgian Royal Navy, suppliers, stevedores, shipping agents and others.
Most noticeable, and encouraging, during the tournament was the team building and spirit of
sportsmanship. The Aegean Dream Team gave their best, and Aegean has already commited
to be represented at next year’s edition.
was assigned a series of duties in order
to act fast and efficiently. All participants were placed strategically at their
points, being the aft boom, rescue boat,
incident point and forward boom. After a job well done, a standard meeting
with the Port Authorities took place,
thus completing the drill successfully.
Aegean Blood Bank
On June 22, 2011, a mobile blood donation unit of the Hellenic Red Cross
called on Aegean’s Aspropyrgos Installation, so that we could reinforce Aegean’s
Blood Bank. Our colleagues responded
once again to this call and dedicated a
few minutes of their time to offer blood
to fellow human beings in need. We
thank them for their sensitivity.
Colleagues who donated blood: Christos Vasilopoulos, Efstratios Kakalis,
Fotis Kalamaras, Paraskevas Paraskevas,
Kostas Floudopoulos, Panayiotis Misailidis, Dionysis Alexopoulos, Panayiotis
Hatzidimitriou, George Gakis, George
Papladakis, Miltiadis Eleftherakos,
Kostas Papadakis, Theodoros Maindanopoulos, and Kostas Glykos.
SUMMER 2011 AEGEAN NEWS A e g ea n
Upda te
New Aegean
Personnel
The following employees have joined the
Aegean work force:
AEGEAN OIL
Zervos, Haralambos
Kehayias, Grigoris
Mitroulis, Nikos
Stavrakopoulou, Marika
Aegean Power Official Sponsor of the
Athens Bar Association Soccer Team
Aegean Power is the official sponsor of SOLON, the soccer team of the Athens Bar
Association. The soccer team won the Commercial 2010-2011 Cup, after a victory
over Loumidis’ Class 92,’ with a score of 1-0. The final game was held at Apostolos
Nikolaidis stadium.
Manolis Troulis, a key player in winning the Cup, said: "Feelings are intense when
we have won such a great trophy and I want to first dedicate it to my teammate
Dimitris Alexandris, who faced difficulties with an injury. I also dedicate it to our
sponsor, Aegean Power, and our coach, Ilias Triantafyllou. The ultimate goal of the
season is to win the National Championship of the Bar Association. In two weeks,
in the final phase to take place in Ioannina, we are called upon to prove that we are
justly among the favorites to win the national championship. "
The cooperation of Aegean Power with SOLON team confirms the active contribution of the company in Greek sports with the aim of enhancing the spirit of
participation and competition.
Pontian Monument Unveiling
On Sunday, May 29, 2011, at Eleusina, the unveiling ceremony of the Pontian genocide
monument that was erected on the initiative of the Pontian Association of Eleusina, took
place. One of the major sponsors was Mr. Dimitris Melissanidis, responding to a request from
the Association.
On Tuesday, June 7, 2011 the President of the Association, Mrs. Sofia Pantelidou-Kosmidou with her husband and members of the Board of the Association, visited the office of Mr.
Dimitris Melissanidis to thank him for his great contribution and to present him with a special
honorary plaque in recognition of his love and support for the Pontians of Eleusina.
AEGEAN NEWS SUMMER 2011
AEGEAN MARINE PETROLEUM
Athanasiou, Agapi
Athanasiou, Anastasia
Bovan Vedran-Labros
Evgenikos, Pavlos
Kabayianni, Eleni
Katayiannis, Dimitrios
Papalas, Isidoros
AEGEAN REAL ESTATE
Gotsi, Klodi
AEGEAN BUNKERING SERVICES
Albertos, Evaggelos
Anastasiou, Yiannis
Kiminos, Konstantinos
Kondoyiorgis, George
Kymbouris, Vasilis
AEGEAN POWER
Agorakis, Konstantinos
Alfieri, Ioanna-Anna
Argyri, Athena
Bisylla, Zoe
Danousi, Despina
Dimaki, Elisavet
Dimopoulou, Sofia
Giotas, Stylianos
Giougli, Panayiota
Hatzovoulos, Dimitris
Hatzifoti, Ioanna
Hatziioannou, Konstantinos
Iordanoglou, Maria
Korakaki, Kyriaki
Kotani, Maria
Koukli, Ourania
Lyberi, Maria
Madeli, Virginia
Maltezos, Antonios
Mela, Eleni
Mytilineou, Ekaterini
Pappas, George
Prindezi, Anastasia
Rigopoulos, Maria
Rogdaki, Natalia
Romanosoglou, Marianthi
Salani, Evaggelia
Stavropoulou, Ismene
Skyloyiannis, Dimitrios
Trikardou, Eleni
Tsioga, Labrini
Zygouri, Efrosyni
New Aegean Headquarters
1
2
Aegean Celebrates its New Headquarters
On June 30, Aegean hosted friends and associates from the shipping and business
communities for an evening reception at the new Aegean Headquarters in the
heart of the Port of Piraeus. The moonlit soiree on the top floor terrace celebrated
the move of Aegean personnel to their new global headquarters. Amid a floating
champagne bar, a wide selection of fusion hors d'oeuvres, and the live sounds of α
jazz orchestra, Aegean founder Dimitris Melissanidis greeted guests, who mixed
and mingled high above Piraeus, against the background of the glimmering lights
of the harbor and its ships.
3
4
1 Dimitris Rizos, Kostas Laliotis, Alexandros Hardavelas, Kostas Hardavelas, Makis Seriatos
2 Dimitris Melissanidis, George Melissanidis
3 Vasilis Mihaloliakos, Alexandros Lykourezos, X. Konstantinidis
4 Aegean’s boutique 5 Ktison Koukoulas, Yiannis S. Vradinoyiannis, Theodoros Vardas
6 Paris Dragnis, Nikos Moundreas
5 6
SUMMER 2011 AEGEAN NEWS New Aegean Headquarters
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10
7
11
8 12
AEGEAN NEWS SUMMER 2011
13 14
7 Viktor Theofilopoulos, George Skrekis, Thanasis Yiannakopoulos and daughter, Paris Dragnis
8 Nikos Mamidakis, Yiannis Koustas, Dimitris Melissanidis, George
Feidakis, Irene Daifa, Spyros Fokas
9 Apostolos Rizakos, Kyriakos Maragoudakis, Christos Harisis
10 Mara Yiogaki, Spyros Fokas, Sonia Milioni, Konstantina
Dimitrakopoulou
11 George Melissanidis, Kostas Laliotis, Christos Deyiannis
12 Dimitris Melissanidis, George Dalakouras
13 Melina Travlou, Stavros Soumakis
14 Yiannis Psyhogios, Yiannis S. Vardinoyiannis, D.Melissanidis, George
Vasilokonstandakis, Pavlos Sioufas
15 Dimitris, Jenny and George Melissanidis
16 Guests and friends
17 Nikos Moundreas, Dimitris Melissanidis, George Skrekis
18 Elias Papageorgiou, George Bairaktaris
19 Villy Panayiotidis, Dimitris Melissanidis
20 George Dermatis, Christos Deyiannis
15 21 Spyros Fokas, Fotos Bratimos, George Laios, Pavlos Vitos
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17 18
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30
SUMMER 2011 AEGEAN NEWS Flows and Currents
Beavers
Help Prevent
Ecological
Catastrophe
Beavers contributed to saving a Canadian region from an ecological disaster, thanks to a dam they had built
in Alberta’s river, where there was a
spill of 28,000 barrels of oil.
The spill began on April 28 and was
due to a rupture in the pipeline of
Plains Midstream Canada company,
which passes at a distance of 7 kilometers from the village of Little Buffalo.
Αn official of the local environmental
agency reconfirmed the beavers’ contribution stating, "there is a beaver
dam in the region which initially held
back the oil.”
Most of the oil spilled was confined
near the fracture, but some of it
passed on to the nearby wetlands.
Oil and Natural Gas Deposits
in Greece
It is estimated that the extraction of oil
and natural gas in Greece would bring
to the Greek state up to 15 billion Euros over 15 years, according to Mr. John
Maniatis (photo), Deputy Minister of
Energy, speaking on the occasion of the
commencement of the exploration process in the Ionian Sea and south of Crete.
Among other things, Mr. Maniatis said
that for the first time Greece appears on
the international oil horizon, with a call
for proposals for companies wanting to do
seismic surveys and then sell the results
of their investigations to oil companies.
At the same time he stated that there are strong indications that the country has
significant reserves, noting that what matters in the first phase is for drilling to
start and a tendering process to be established.
A Rich Subsoil in Cyprus
According to statements by the Energy Director of the Ministry of Commerce, Mr.
Solon Kassinis of Cyprus, during the Offshore Technology Conference in Houston,
Texas, Cyprus has a very rich subsoil.
Mr. Kasinis underlined that in the Cyprus region there are about 1.68 million barrels
of oil and 122 trillion cubic meters of natural gas. He also expressed the belief that
the joint exploration agreement of common deposits with Israel will be completed. The
second licensing round for the remaining land, he said, is expected to be announced
by the end of the year.
With the discovery of Cypriot natural gas reserves, Cyprus could become a center of
natural gas in the region, as it will surely serve the needs of the island, he noted. Initial estimates are for production in mid 2014.
New Ship Design Reduces
CO2 Emissions Drastically
The Japanese manufacturer, Mitsubishi Heavy Industries (MHI), claims that its new container
ship design achieves a 35 per cent reduction in CO2 emissions. The new design includes a dual
propulsion system and a proprietary air lubrication system for the hull that reduces friction
as the vessel moves through the water. An electronically-controlled diesel engine and wasteheat recovery unit also add greater fuel efficiency, while a scrubbing unit cleans emissions of
sulphur oxide (SOx).
The combined impact of these new features leads to a 35% CO2 emissions reduction.
10 AEGEAN NEWS SUMMER 2011
Congestion Problems
in European Ports
European ports are facing serious congestion issues as they have not expanded fast enough
to accommodate imports of container vessels from Asia. According to industry officials the
only solution is to upgrade the terminal capacity.According to data from CLECAT ( a European
association for transport, logistic, and customs services) container shipping is projected to
rise 7.8% annually from 2005 to 2011, while the port capacity of Europe is anticipated to
rise by 4.2%.
In the first quarter of 2007, 73% of container vessels got late entry in European ports due to
docking delays, a rise of 45% from the same period in 2006, as per the data from Drewery
Consultants. Jan Westerhoud, President, ECT, the chief container terminal operator at Port of
Rotterdam, said that the trade from Far East is flourishing and therefore, the massive volume
sometimes lead to delays. Growth in container volume at Rotterdam jacked up to nearly
9.78% in the initial months of 2007, and to tackle the rising trade flow from Asia, Rotterdam
port is building new container and barge terminals.
Hamburg posted a container volume growth of about 9.4% in 2006. The port has plans to
inject around 3.56 billion Euros to raise its container capacity to double of its current value
but the project is expected to reach completion in 2015.
DEPA-Romgaz
Collaboration
Recently DEPA (Greece’s Public Gas
Corporation) signed a memorandum of
collaboration with the Romanian gas
company Romgaz in Medias, Romania.
As announced by DEPA, the memorandum expresses the desire of both
companies for partnerships in the wider
region of Southeast Europe. At the
same time, it presents the issues to
be addressed by both parties in order
to establish them as a subject of joint
activity.
The collaboration between DEPA and
Romgaz relates to the construction of
the "vertical" pipeline between Greece
and Bulgaria, which will give Sofia and
Bucharest access to the gas from the
Caspian region, due to arrive in Greece
through the sGreek-Turkish pipeline.
Furthermore, negotiations are underway to build a liquefied natural gas
(LNG) terminal in Kavala, which could
feed into the "vertical" line.
The memorandum was signed by the
Chairman of the Board and CEO of
DEPA, Mr. Haris Sachinis, and Romgaz
C.E.O. Mr. Marcel Piteiu.
SUMMER 2011 AEGEAN NEWS 11
B unkering
Gibraltar
Aegean in One of the Largest Bunkering Ports in the Mediterranean
By Spyros Maltezos | Station Manager Gibraltar
Due to its strategic
geographical positioning at
the south end of the Iberian
Peninsula, Gibraltar has
become one of the largest
bunkering ports in the
Mediterranean. 12 AEGEAN NEWS SUMMER 2011
And, due to the growing demand in bunker supplies for vessels passing the straits,
the Gibraltar Government has been considering the possibility of allowing bunkering
activities to take place on the East side of the Rock, as well as on the Western anchorage, which has been the only point available for bunkers for many years. The current
space at Western Anchorage is deemed small and therefore restricts the amount of
activity to a fraction of the demand.
The Port of Algeciras is targeting vessels which at present cannot be supplied on
demand due to the lack of space and time in Gibraltar.
The latest reports are that the Government of Gibraltar has confirmed its intentions
to allow the Eastern side to be used for refueling and therefore more vessels to be
allowed to stop and get their supply when required, rather than have them choose one
of the neighboring ports.
There are certain requirements that should be met in order to open the Eastern side
and the Government announced that the process is at its final phase of completion. A
new vessel traffic monitoring system was installed in order to keep close control of
all the vessels. Trials have been carried out and will continue before operations start.
Aegean’s newbuilding vessel, M/T Kasos, arrived on her maiden voyage to Gibraltar
on December 21, 2010 to become part of our fleet already working on the bay. She
has a 6256 dead weight and since April 7 has been registered and is flying the Gibraltar flag, as the remainder of our barges already trading in Gibraltar.
A e g e a n M a r i n e P e t r o l e um
Aegean’s M/T Sara in Two EMSA Oil Recovery Drills Bυ Piet Vink | Superintendent, Aegean Bunkers at Sea NV
At the end of May and in the middle of June 2011 M/T Sara of Aegean Bunkers at Sea NV
was used as Oil Recovery Vessel by EMSA.
T
he first request was for an
international exercise organized by the French authorities named ORSEC POLMAR 2011.
POLMAR (pollution maritime) is
a French intervention plan that is
triggered in the event of accidental
marine pollution. It is used to coordinate and mobilize oil response
material and people. On May 31, 2011
the French OnScene Commander, onboard the French oil recovery vessel
Argonaute, asked M/T Sara to recover
oil (simulated by popcorn) from the
sea in between the port of Calais and
Dunkerque by both her sweeping
arms. The vessel made several simulated runs during the day with both
sweeping arms deployed to the full
satisfaction of the French commanders. The exercise was coordinated on
board by the undersigned Aegean
Oil Spill Coordinator and an EMSA
observer. The exercise was observed
by journalists from a helicopter and a
French navy vessel.
The quarterly drill with M/T Sara
as oil recovery vessel is to prove to
EMSA that our personnel are fully
capable to operate all provided equipment properly and efficiently and
that everything is in a good working
condition.
The second quarterly drill at Portland was scheduled by EMSA for June
15, 2011 and was witnessed by Mr.
Bernd Bluhm, Head of the EMSA Pollution Preparedness and Response
Unit, and two EMSA representatives
together with four journalists from
France and the UK. In the morning a
small introduction was given about the
Portland station by Mr. Lawn. After the
introduction, all boarded the vessel,
where the journalists received a short
safety introduction by the Safety Offi-
cer before proceeding to the drill site.
The drill was performed successfully in
a typical English weather setting, and
with good performance by crew and
equipment, again appreciated by both
the EMSA observers and journalists.
All equipment available was demonstrated and fully explained by the undersigned Oilspill Coordinator. The
drill was conducted with the deployment of 250 meters of oilboom with the
help of Portland tug “Sandsfoot Castle,”
after which a so-called Tarantula skimmer was launched inside the boomconfiguration. After the boom and
skimmer were retrieved, both sweeping
arms were deployed and demonstrated.
At the end of the day the vessel returned
to Portland PBI jetty. All attendees expressed their gratitude to the Master
and crew on the performance, handling, and knowledge of the oilspill
equipment during the day.
SUMMER 2011 AEGEAN NEWS 13
A e g e a n M a r i n e P e t r o l e um
Ιnauguration of M/T Montana in Antwerp
Bυ Andreas Athanasiadis | Manager for Europe
On June 16, the official inauguration ceremony of the new, most modern bunkering tanker in
Europe, M/T Montana, took place in the Port of Antwerp.
14 AEGEAN NEWS SUMMER 2011
M
ore than 450 people attended the
ceremony. Representatives and
business people from the shipping, energy, and banking sectors were
present, together with representatives of
state authorities, associates and friends.
Mrs.Ioanna Athanasiadou was named
“Godmother” of the vessek and had the honor of breaking the champagne glass during
the ceremony, after wishing “good voyages”
in Flemish and Greek, to M/T Montana and
its crew.
Mr. Spyros Fokas, Member of the Board
and General Counsel of Aegean Marine Petroleum Network, in his remarks thanked
everyone involved in the construction of
the new barge and particularly Mr. Roald
Verstraeten, who is considered a “Guru”
on Estuary Barges, and Teamco Shipyard.
Furthermore, he referred to the strong longterm commitment of the company toward
the bunkering industry and its clients and
emphasized the remarkable growth and
expansion achieved by the company since
the time of the IPO— an achievement that
has not been matched by other independent
suppliers. Finally, he praised the smooth integration of Verbeke Bunkering into Aegean
and invited the guests to raise their glasses
to the smooth operations and to the health
of all who sail with M/T Montana.
Mr. Tony Vertommen, Managing Director
of Verbeke Bunkering NV, after also thanking all involved, commented on the smooth
and successful integration of Verbeke by
Aegean one year ago. He thanked in particular the personnel of Verbeke for their
work and contribution.
Mr. Roald Verstraeten, in his remarks,
referred to the technical characteristics of
the new barge.
M/T Montana, constructed in Romania
but outfitted at Teamco Shipyard in Holland,
is a 4,560 dwt double hull, 121 meters in
length and with a 11.48 meter beam, has
a total of 12 dedicated tanks for delivery
of all grades of intermediate fuels (IFO)
and marine gas oil (MGO) and has the most
advanced navigation and safety systems
for the transportation and distribution of
Marine Fuels.
Being an estuary barge, it adds to the
existing fleet of the company, increasing the
available tonnage to more than 16,000 mts
in the port of Zeebrugge. It will also enhance
the operational flexibility of Verbeke Bunkering in the world’s second largest bunkering market, resulting in better service for its
valuable clients.
The evening carried on until the early
hours of morning, with all guests communicating with each other, enjoying the tasty
food, and listening to the sound of the “Music on Wheels” orchestra.
1
2
3
1 AndreasAthanasiadis, Dimitris
Melissanidis
2 Spyros Fokas
3 Tony Vertommen
4 Roald Verstraeten
5 IoannaAthanasiadou, Andreas
Athanasiadis
5
4
SUMMER 2011 AEGEAN NEWS 15
A e g e a n M a r i n e P e t r o l e um
Aegean Expands its Activities
in Panama
Aegean Marine Petroleum Network Inc. (NYSE: ANW) has been awarded
a 20-year concession by the Panamanian Maritime Authority (PMA) to
operate onshore storage facilities in the ports of Cristobal and Balboa in
Panama on an exclusive basis.
The Country
Panama is the southernmost country of Central America. Situated
on the isthmus connecting North and South America, it is bordered
by Costa Rica to the northwest, Colombia to the southeast, the
Caribbean Sea to the north and the Pacific Ocean to the south. The
capital is Panama City. The country occupies an area of 78,200
square kilometers and has a population of 3,360,474, according to
2009 estimates. Its official language is Spanish. Panama gained its
independence from Spain in November 28, 1821 and from Colombia
on November 3, 1903.
16 AEGEAN NEWS SUMMER 2011
T
he company commenced
physical supply operations
in Panama at the beginning of July. The port of Cristobal
and the port of Balboa are strategically positioned at each end of the
Panama Canal, a critical conduit for
international maritime trade that
connects the Atlantic Ocean and
Pacific Ocean. Both ports total approximately 14,000 transits per year
and generate approximately 3 million
metric tons of annual marine fuel
sales volumes on a combined basis.
The concession with Aegean is part
of the PMA's efforts to expand and
modernize the ports' infrastructure
and services, consistent with the
current expansion of the Panama
Canal. By 2014, the Panama Canal
is expected to significantly increase
its capacity, enabling larger ships to
transit and providing greater efficiencies in global commerce. The two
onshore storage facilities in Panama
currently total approximately 3 million barrels in capacity, with room for
expansion, to ensure ample supply of
marine fuel. Aegean intends to provide retail bunkering services to all
major shipping sectors, particularly
containerships, as well as leading
cruise lines, in port and at sea, after
receiving the necessary licenses by
the local authorities.
By establishing a presence at both
ends of the world's most famous
canal, Aegean has significantly expanded its network for the global
supply of marine fuel and strengthened its future growth prospects. The
growing Panama market combined
with the sizeable onshore storage
capacity in the ports of Cristobal and
Balboa position Aegean well to continue to meet the strong demand for
its integrated services and profitably
increase sales volumes. Consistent
with its goal to further strengthen its
geographical sales mix and drive future results, Aegean remains on track
to enter at least one more start-up
market with attractive growth potential in 2011.
A Greek Captain of the First Ship that Crossed the Canal
Captain Nikitas Mavrakis, born in Kasos in 1859, was chosen among dozens of candidates to be the Captain of the first ship to cross the
Panama Canal, with the American vessel SS Ancon, on August 15, 1914, when the Americans held the inaugural ceremony. According to
historical data, he was chosen not only because of his expertise as a captain, but also due to his personality. The only objection on the part
of organizers was that the name of the only man able to undertake such a venture should not make the association with another country and
this is why they changed the name of Nikitas Mavrakis to John Constantine.
SUMMER 2011 AEGEAN NEWS 17
A e g e a n M a r i n e P e t r o l e um
The Name
There are several theories about the origin of the name "Panama." Some believe that the country was named after a commonly
found species of trees. Others believe that the first settlers used
the expression Panama, which means many butterflies" in an indigenous language, to describe the presence of butterflies in the
area. The most widespread belief is that a settlement with fishermen with the original name Panama is responsible for the name.
The official explanation states that the word Panama meant, in
local dialects, the abundance of fish, trees and butterflies that
characterized the region.
The Canal
Even from the time of the first trans-oceanic journeys,
seamen had realized the great service a canal connecting
the two oceans could offer. The importance of the canal is
huge as it shortens the distance between the Pacific and the
Atlantic Oceans by 10,000 miles. The construction of the
canal lasted 10 years and cost 400 million dollars. For years
many had attempted to implement the project, but the
anomalies of the ground, the tide and yellow fever made
the construction very difficult, if not impossible. However,
18 AEGEAN NEWS SUMMER 2011
in 1876 the French found La Société internationale du Canal interocéanique, which authorized the French company
"Lesseps," founded by Ferdinand Lesseps, to commence
work. So, In 1881 this unsuccessful French effort began
that ended in 1888 with the bankruptcy of the company.
In 1904 the U.S. government bought from Panama and
the company the rights over the canal, completed the construction and handed it over to the international shipping
industry on August 15, 1914.
Shipping Activities
The Panama Maritime Authority,
an autonomous entity of the Panamanian Government, is responsible
for approving, registering and authorizing regular and special flagging, either locally or by means of
an authorized marine merchant
consulate. It promotes domestic and
foreign investment, and supports the
development of a Multimodal Logistics Center with the operation of the
Panama-Colon railroad, providing
greater operational efficiency to the
Colon Free Zone. During the last 10
years, the evolution of port activities
has shown its highest level in growth
and development in Panama. In
2008, the Panamanian port system
moved 3,935,000 TEUs (container
units of 20 feet in length), an increase
of 15.1% over same period in 2007.
The port of Balboa managed and
operated by Panama Ports Company
(PPC), moved 1.7 million TEUs, up
20.3%, while the port of Cristobal,
which is also managed by the PPC,
moved 185,240 containers, representing a growth of 34.1%. Colon
Container Terminal Port reported
515.199 containers, which represents
a fall compared with the period
from January to August 2007, when
635,474 TEUs were moved. The
investment of US $1,600 million in
the port expansion has doubled the
income in the auxiliary maritime industry, from US $74 million in 2002
to US $2,410 million in 2006.
The Panama Port System is made
up of 18 ports, of which 11 are managed by the Panama Maritime Authority through the General Directorate of
Ports and Auxiliary Maritime Industries, mainly small ports that provide
international transportation service.
The remaining seven ports are managed and operated by private businesses
that develop their activities under the
supervision of this general directorate.
Panama is on its way to becoming
the container trans-shipping center
of Latin America and the Caribbean. Law 57, known as the Merchant
Marine Shipping Act which came
into effect on January 8, 2009, brought
several benefits to the administration
of the Panamanian Merchant Marine Register. As of October 31, 2008
Panama flag registration topped the
list with 8,159 vessels.
Panama has 144 routes in world
trade. Port operators pay to the National Government nine dollars for
movement of each TEU. Firms in this
sector are gathered in the Maritime
Chamber of Panama, that was established in 1979 and in its inception
was formed only by shipping agents.
Currently, this body is made up 87
companies, ranging from shipping
lines, ports, cargo, fuel suppliers representatives and others.
SUMMER 2011 AEGEAN NEWS 19
A e g e a n M a r i n e P e t r o l e um
Supply Operations in Tenerife
Aegean Marine Petroleum
Network Inc. (NYSE: ANW)
has expanded its global network
by establishing physical supply
operations in Tenerife,
located in the Canary Islands
near the northwest coast of
mainland Africa.
20 AEGEAN NEWS SUMMER 2011
T
enerife serves as a key commercial hub, located along
major trans-Atlantic seaborne trade routes, generating total
annual marine fuel sales volumes of
more than 1.5 million metric tons.
Including Las Palmas, where the
company commenced operations in
August 2010, the ports in the Canary
Islands where the company now operates generate more than 3.5 million
metric tons in annual marine fuel
sales volumes. Aegean will manage
the operations in Tenerife from the
company's existing service center in
Las Palmas. Initially, Aegean intends
to utilize the two existing double-hull
bunkering tankers in Las Palmas to
serve Tenerife.
Τhe Management of AMP commented, "We are pleased to solidify
our strategic presence in the Canary
Tenerife
Islands, as planned, by establishing
operations in Tenerife. This new market complements our presence in
nearby Las Palmas, where we have
experienced strong demand for our
integrated services, and provides our
customers with greater flexibility as
we continue to expand our global
reach. Including Tenerife and the two
ports in Panama, Aegean will serve 19
markets covering more than 50 ports
worldwide, compared with 5 service
centers at the time of our IPO, positioning the company well to strengthen its industry leadership and expand
its future earnings potential."
Tenerife is the largest and most populous of the seven Canary Islands, with a land
area of 2,034.38 km²) and 906,854 inhabitants, 43% of the total population of
the Canary Islands, making it the most populated island of Spain. About five million
tourists visit Tenerife each year, the most of any ot the Canary Islands. Tenerife
hosts one of the world's largest carnivals and the Carnival of Santa Cruz de Tenerife
is attempting to become a World Heritage Site. Tenerife is serviced by two airports,
Tenerife North Airport and Tenerife South Airport, and is the tourism and economic
centre of the archipelago.
Santa Cruz de Tenerife is the capital of the island and the seat of the island council.
The city is capital of the autonomous community of Canary Islands (shared with
Las Palmas), sharing governmental institutions such as Presidency and ministries.
Between the 1833 territorial division of Spain and 1927 Santa Cruz de Tenerife
was the sole capital of the Canary Islands, until in 1927 a decree ordered that the
capital of the Canary Islands be shared, as it remains at present.
The island is home to the University of La Laguna, which was founded in 1792 and
is the oldest university in the Canaries. San Cristόbal de La Laguna (World Heritage
Site) is the second largest city of the island and the third of the archipelago. The city
of La Laguna was capital of the Canary Islands until Santa Cruz replaced it in 1833.
SUMMER 2011 AEGEAN NEWS 21
A e g e a n M a r i n e P e t r o l e um
Bunkerworld Conference
ΒΥ Efi Kalimeri | Bunker trader
Aegean Marine Petroleum actively participates in shipping and bunker industry events. With
Aegean’s presence at the Bunkerworld Conference 2011 in Athens May 4-6, 2011, attendees
had the chance to be informed about Aegean’s continuous expanding global movements and
latest acquisitions. Not only was Aegean the Golden Sponsor of the event but had also an
impressive, well-visited stand, staffed by Aegean personnel.
D
ue to the global recession
in the shipping and bunker
market, Bunkerworld seized
the opportunity to examine and present some attractive opportunities and
how the market can change in the
near future.
Bunker suppliers, service providers
and ship operators discussed ideas
and strategies to help cut costs, manage risk and explored the dynamics of
the regional bunker market and factors that can affect its performance. A
number of experts discussed developments in the regional, Mediterranean
and Black Sea bunker markets, the
operational, technical and regulatory changes and the advantages and
22 AEGEAN NEWS SUMMER 2011
drawbacks these may bring.
Mr Jean Jose Metey, Aegean Marine
Petroleum Corporate Development
Director, presented the new bunkering facility in Tanger Med in North
Morocco, pointing out and analyzing
the potential of the port commercially
and as a bunker hub in the Straits of
Gibraltar.
“Tanger Med is situated in one the
world’s busiest shipping crossroads.
The Port, linked to the rest of Morocco by new roads, highways and
rail networks, will have a capacity
of 8 million of containers when the
second terminal is finalized in 2015.
The Port has a new Oil Terminal
with a bunkering facility of 220,000
m3 to store bunker products. Aegean
Marine Petroleum can deliver bunker product in Port, at the Alcazar
anchorage area, and at the Fnideq
anchorage area (from July 2011). The
Fnideq anchorage area is a ‘Waiting
for Orders’ anchorage area. Aegean
Marine Petroleum can supply bunkers
at anchorage by barge. Fnideq is well
sheltered from winds and will offer a
fantastic alternative to other harbors,”
Mr Metey said.
Many other presenters addressed
issues that have concerned the industry. For instance, Bill Stamatopoulos,
Regional Manager from DNVPS,
talked about regulations in Bunkering
Practice. Michael Sterghiou, Managing
Director from Inspectorate Hellas SA,
made a review of the new ISO 8217:
2010, after a few months of application.
Peter Hall, Chief Executive and
Captain of the Port, from Gibraltar
Port Authority, gave a picture of how
the Port responds to current demand
and if the bunker Industry is ready to
meet the demands of the future. Many
other notable speakers discussed current and future changes in the industry scene, asking if and how they are
obligatory. Aegean, as always, remains
in the spotlight of bunker events as a
leading independent physical supplier
of marine fuels.
Aege an
P ower
Aegean Power
Supports Economist Event
Aegean Power participated as a supporter in the "15th Roundtable with the Greek
Government," organized by Economist and held May 17-19 at the Grand Resort Lagonissi Hotel.
B
y participating in the Economist Conference, Aegean Power
actively supports a prestigious
institution, which aims to analyze the
current political and economic reality,
and also to highlight proposals for the
improvement of the Greek and European economies in all sectors. The
contribution of energy in the shaping
of development, and its role in shaping the competitiveness of enterprises
at national level, is a strategic goal for
the company.
On the occasion of the support and
presence of the company at the Conference, the Managing Director of
Aegean Power, Vassilis Milionis said:
"Our presence at the Conference is a
symbolic" investment” in the support
of initiatives that promote dialogue
between politicians and market representatives, aiming at national development. It is our strategic choice to
help efforts aimed at enhancing entrepreneurship and the competitiveness
of our country. We believe that the
1
"It is our strategic choice to help efforts aimed
at enhancing entrepreneurship and the competitiveness
of our country."—Vassilis Milionis
The company had a strong presence at the Conference, with a stand
where it provided comprehensive information on all its energy packages,
both for businesses and households.
Interested delegates had the opportunity to learn about the individual
product solution that fits their needs
for electricity, ensuring, to their benefit, the quality and integrated services
of Aegean Power.
role of energy is extremely important
and within this framework we offer
business and household customers
complete and quality energy solutions, always at the most competitive
prices and with personalized and efficient service."
1 Aegean Power Stand
2M
r. D. Melissanidis with Prime Minister George
Papandreou
3M
r. D. Melissanidis with Main Opposition Leader
Antonis Samaras
2
3
SUMMER 2011 AEGEAN NEWS 23
S t a t i o n s Of t h e M o n t h
A Good Cooperation
Petros Noulis—7th kilometer, Promahona-Kilkis National Road
It is not always easy to emerge with a text after speaking to a gas station owner, but we do
not mind at all. Aegean’s gas stations owners are people who work hard, this is what they
know to do well, and for some of them words are not necessary to describe it.
T
his is more or less the case
with Mr. Petros Noulis, who
operates a gas station, body
shop and tire business at the 7th kilometer of the Promahona-Kilkis
National Road, in Northern Greece.
Brief, simple, and to the point, without extremes in one way or another.
Mr. Noulis has been in the fuel sector for 18 years. He operates a family
business with his wife and son and
one employee.
How did you get started in this profession Mr. Noulis?
This is the job I had when I was in Germany.
So you have come here from Germany?
This is where I grew up. I went there
with my family when I was 9 years old
and came back to Greece when I was
33, fifteen years ago.
cooperation and you decided to seek another collaboration, and thus end up with
Aegean?
During these two years have you faced
any problems that were not dealt with as
expected?
No. I had started organizing this
business when I was still living in
Germany. When I came to Greece everything was ready and I started work
immediately.
Yes, I was working with another company, but the charges were high and I
wanted a different cooperation.
No. I get in touch with Mr. Chadjipantelis, whom I now include among my
friends, and problems are resolved.
And how and when did you decide to
work with Aegean? You did some research, heard from other colleagues,
someone from Aegean approached you?
Would you like to add something regarding your course in this sector or your
cooperation with Aegean?
However, when you started you must
have worked with another company since
Aegean was not in the market at the time.
Was there a problem with your previous
It was totally coincidental. Mr. Chadjipantelis happened to come by at the
right time. We talked, I decided to go
ahead and I have been with Aegean
for the past two years.
When you returned here you must have
gotten involved with something else before you could build up this business.
24 AEGEAN NEWS SUMMER 2011
No. Nothing more, and nothing less.
With two words how would you describe
your experience working with Aegean
during these two years ?
A good cooperation.
I Am No Longer Just a Code Number
George Droudakis—Armenoi, Rethymnon
The gas station of Mr. Droudakis is situated in the village of Armenoi, nine kilometers from
Rethymnon, Crete, a region that owes its name to the Armenian soldiers who first inhabited
it in 961 AD.
M
r. Droudakis operates the
station with his mother and
has been in the fuel sector
since a very young age.
How did you get involved in this business
Mr. Droudakis?
My father had this gas station, together with my mother, and I was
here since I was nine years old. You
understand therefore that I grew up
in this profession. When my father
passed away it was the most natural
thing for me to continue together
with my mother.
When did your cooperation with Aegean
start and what led you there?
Our cooperation started in 2008. Until
then I was working with a well-known
fuel company and I was not happy.
The reason? During all the years
of that cooperation I felt that I was
nothing more than a code. The only
contact I had was always very specific,
either with the area inspector or the
employee who took orders. I would
give my code number and that was it.
Apart from that, no other contact.
If I have to describe it with a few
words—with Aegean I have direct
contact. And to say this with more
words I have relationships with everyone. I go to Athens and go to see Mr.
Peramatzis, without an appointment
or any other ‘official’ procedures. The
door is always open.
Was there any skepticism from customers at the beginning of your cooperation
with Aegean?
It is true that in the beginning people
were surprised seeing a new brand. Over
the years, however, when they began to
see the prices and quality at all levels, not
only there was no hesitation at all, but
instead our consumption doubled.
During the years you have been with
Aegean you must have been approached
by other companies. Has there been a
proposal that has made you reconsider
your present status?
I have been approached by other companies, but I am not interested.
For Aegean I am a human being,
not a code number.
During all the years of my previous cooperation I felt that I
was nothing more than a code
And how did you end up with Aegean?
A colleague of mine told me about
Aegean and I am grateful to him. The
difference between this cooperation
and the previous one is like “night and
day” and everything that other station
owners have said is true.
SUMMER 2011 AEGEAN NEWS 25
Maritime Tradition
Patras—The Port
Patras is the third largest city of Greece, capital of the Achaia prefecture, and is located 215
kilometers west of Athens on the northwest coast of the Peloponnese. The Port has always
played an important role in the economic, social and political life of the city, and also of
Western Greece and Greece in general.
With the creation of the New South Harbor and other
infrastructure in the region, the Port of Patras is emerging as
a major hub of transport in the region of Southeast Europe
A
fter the establishment of Patras, in the 11th century BC,
the port of the city was organized in the eastern coastal region, a
position closer to the sea in relation to
its prehistoric site. The port remained
in this location until the late 13th century when it moved to the north side
of the city.
The development of the port from
the 18th century until the first decades
of the 19th century was determined by
parameters of local and international
26 AEGEAN NEWS SUMMER 2011
nature. Of great importance was its
geographical location within a physical space which, including the western
and southeastern Peloponnese, Central
Greece and the Ionian Islands, opened
to the Ionian and Adriatic Sea.
During the Greek Revolution, Patras has been described as the main
commercial center of the Peloponnese
and a transportation hub to Trieste,
Ancona, Livorno, and Marseille.
Therefore, in addition to being the
most important port of the region it
became the most important urban
center in western Greece.
In the mid-19th century, Patras was
established as the main port for raisin
exports and the main export and import center in the west.
However, the opening (1893) of
the Isthmus of Corinth—which connected the Aegean to the Ionian Sea
and reduced the distance between
Patras and Piraeus, as it was no longer
necessary to circumnavigate the Peloponnese, —incurred a serious blow to
the local trade..
The first years after the Second
World War the port was in decline until the period, more than 30 years ago,
when the link was established between
Greece and Italy with ferry boats.
The role of the port has been upgraded significantly especially after
the problems created by the land
routes through the states of former
Yugoslavia, and today it represents the
country's main gateway to and from
Western Europe.
The port of Patras has a passenger
port, which transport almost half the
country’s international traffic transported by ships, and it also has a commercial port and a marina.
With the creation of the New South
Harbor and other infrastructure in
the region, the port of Patras is emerging as a major hub of transport in the
region of Southeast Europe.
History of Automobile
Auto Racing—
The Beginning
Racing began soon after the construction of the first successful gasoline-fueled automobiles.
The first race ever organized was on April 28, 1887 by Monsieur Fossier, the chief editor of
Paris publication Le Vélocipède. The race ran 2 kilometers from Neuilly Bridge to the Bois de
Boulogne, and was won by Georges Bouton of the De Dion-Bouton company, in a car he had
constructed with Albert, the Comte de Dion, but as he was the only competitor to show up it is
rather difficult to call it a race.
winners were Peugeot and Panhard,
as cars were judged on their speed,
handling and safety characteristics,
and De Dion's steam car needed a
stoker which was forbidden.
World's First Motorb Race
On July 22, 1894, the Parisian magazine
Le Petit Journal organized what is considered to be the world's first car race
from Paris to Rouen. Sporting events
were a tried and tested form of publicity and circulation booster. Pierre
Giffard, the paper's editor, promoted it
as a Concours des Voitures sans Chevaux (Competition for Horseless Carriages) that were not dangerous, easy
to drive, and cheap during the journey.
Τhe main prize was for the first across
the finish line in Rouen. 102 people
paid the 10 franc entrance fee.
69 cars started the 50 kilometer selection event that would show which
participants would be allowed to start
the main event, the 127 kilometer race
from Paris to Rouen. The participants
ranged from serious manufacturers
like Peugeot, Panhard or De Dion to
amateur owners, and only 25 were
Early races
selected for the main race. The race
started from Porte Maillot and went
through the Bois de Boulogne. Count
Jules-Albert de Dion was first into
Rouen after 6 hours and 48 minutes
at an average speed of 19 km/hour. He
finished 3’30” ahead of Georges Lemaître (Peugeot), followed by Doriot
(Peugeot) at 16’30”, René Panhard
(Panhard) at 33’30’’ and Émile Levassor (Panhard) at 55’30”. The official
In 1895, the Paris-Bordeaux-Paris Trial was held and this
was the first real race as all competitors started together.
The winner was Émile Levassor.
In 1895, the Paris-Bordeaux-Paris Trial was held and this was the first real
race as all competitors started together. The winner was Émile Levassor in
his Panhard-Levassor 1205cc model.
He completed the course (1,178 km
or 732 miles) in 48 hours and 47 minutes, finishing nearly six hours before
the runner-up.
The first regular auto racing venue
was Nice, France, run in late March,
1897, as a "Speed Week." To fill out the
schedule, most types of racing events
were invented here, including the first
hill climb (Nice – La Turbie).
The first auto race in the United
States took place in Chicago, Illinois
on November 28, 1895. The 54.36
mile (87.48 km) course ran from the
south side of the city, north along the
lakefront to Evanston, Illinois, and
back again. Frank Duryea won the
race in 10 hours and 23 minutes.
SUMMER 2011 AEGEAN NEWS 27
Children and the Environment
I Protect the Environment-I Safeguard my Future
By 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.
Gardening Advice to Parents
Your parents are proud of the flowers, or the vegetables in your
home’s balcony or garden, but probably believe that to protect them
from harmful bags they must spray them with chemical pesticides.
Some of these pesticides, not all of them, contain toxic substances.
So, you children can help your parents make a pesticide from natural
ingredients, highly effective, but not at all toxic.
✿ Organic Pesticide with Garlic and Onion
To make this natural pesticide for your flowers or vegetables you
will need ingredients that can be easily found in your home’s kitchen.
✿ 1 clove of garlic
✿ 1 onion
✿ 1 teaspoon cayenne pepper
✿ 1 tablespoon liquid dish washing soap
✿ 1 liter of water
How to mix
✿ Chop, grate or squeeze the garlic and the onion
28 AEGEAN NEWS SUMMER 2011
✿ Add the pepper and the water
✿ Stir well and let it soak for 1 hour
✿ Pass the mixture through a thin piece of cloth and drain the fluid.
✿ Add to the clean liquid the soap and stir well
How to use
Put the mixture into a spray container. Spray your flowers or vegetables well to cover the whole surface and the back surface of the
leaves, careful to avoid any drops getting into your eyes. You can store
the mixture for 1 week in a dark glass container in your refrigerator.
✿ Small Greenhouses
We can use plastic bottles form water and soft drinks to make mini
greenhouses to protect sensitive plants and seeds we have planted
from the cold. First plant the seeds in the pot, water them and then
put over them the plastic bottle, whose bottom we have cut off. So the
young plant will grow protected from the cold. To ensure good ventilation we open and close the cap. For larger plants use larger bottles.
I BECOME INFORMED - I INFORM OTHERS - I ACT
Products that cannot be recycled
You surely know what materials can be recycled. But beware. Even
those items we consider recyclable are not always suitable for recycling
and should be put in conventional waste bins. Placing them in the blue
bins will be worse for the environment than if not recycled at all. Let's
see which these objects are.
Pizza box
This is a cardboard box, so it is considered recyclable. What makes it
non-recyclable, however, is that may have debris and grease.
Wet paper
The fibers of the paper shrink when washed. This makes them less
useful in the recycling process, and are not selected by the recycling
collection and processing machinery.
Did You Know?
Caps from plastic bottles
Plastic caps are less valuable on the market, so most recyclers do
not accept them. For this reason, we should throw plastic bottles in
recycling bins after removing the cap.
Juice boxes
Check if your juice box has been specially processed for recycling. If
not, you have to throw it to a conventional bin. The plastic coating for a
large part of the board makes them unsuitable for recycling.
Foam and styrofoam
This is a petroleum product and highly flammable. It is considered
particularly dangerous for most recycling centers.
Napkins
The food or any other remains they may have after their use make
them unsuitable for recycling.
✿ There is about the same amount of water on earth now as there
was millions of years ago.
✿ Nearly 97 percent of all the world's water is salty or otherwise
undrinkable. Another 2 percent is locked in ice caps and glaciers.
That leaves 1 percent for all our needs.
✿ Water regulates the earth's temperature. It also helps regulate
the temperature of the human body!
✿ More water is used in the bathroom than any other place in the
home.
✿ A dripping faucet can waste up to 2,000 gallons of water a
year.
Saving Water We protect this important natural resource of our planet in many
simple ways
✿ Turn off the tap in your bathroom while you brush your teeth.
✿ Take shorter showers.
✿ Don't let the water run constantly while you're washing or rinsing dishes.
✿ Fill a pitcher with tap water and put it in the fridge, rather than
running the tap every time you want a cold drink!
✿ Clean your balconies with a broom—not the water hose!
✿ Water your lawn or flowers in the early morning to avoid evaporation.
✿ Repair dripping faucets.
SUMMER 2011 AEGEAN NEWS 29
Travel with Aegean
A Visit to Epidaurus
A small escape from the city is the best way to leave problems and worries behind and enjoy
some simple yet important things that represent the essence of life.
E
pidaurus got its name from Epidaurus, son of Argus and Evanthi,
the third ruler of the city. It is located in the eastern side of the Prefecture of Argolis, built at the feet of Arahnaio, Koryfaio and Tithio
mountains where, according to mythology, Asclepius—God of Medicine—
was born. Its strategic location and the Asclepium contributed to the city’s
great development. Its inhabitants dealt mainly with shipping. In the port
of ancient Epidaurus visitors arrived from near and far to find a cure at the
sanctuary of Asclepius. Epidaurus was, during antiquity, one of the most
significant cultural and commercial centers of Greece.
Today it is a hub of attraction for many visitors who come to enjoy the
superb coastline with its crystal clear waters and sandy beaches, to have
the unique experience of a theatrical performance in the Ancient Theater
or a musical performance in the small theater, to become acquainted with
local events taking place every year during the summer period and, last
but not least, to taste traditional dishes in one of the many picturesque
taverns in the area.
How to Get There By car: α) by the new Athens-Corinth-Epidaurus
National Road
b) by the Nafplio-Epidaurus National Road
c) by the Ermione-Kranidi-Epidaurus
Regional Road
Worth Visiting
The small theater of Epidaurus, built in the
4th century B.C. in honor of the god Dionysus,
and excavated in 1971, with 2000 seats
The Ancient Theater of Epidaurus, built at
the end of the 4th century B.C with a capacity
of 13,000, well known for its architecture and
acoustical perfection. The Museum of Epidaurus, with great variety of exhibits, is located
opposite the theater.
The Seven Arched Mycenaean Tombs found
at the foothill of Mountain Katarachi. Travelers
following the street crossing the upper side of
the village, at the area called “Nera,” can have
a close look of the tombs.
Nearby Destinations
Ligourio 15 km
Nafplion 38 km
Mycenae 55km
Ancient Corinth 60 km
30 AEGEAN NEWS SUMMER 2011
the
aege an
i ma g e
Products that say
“We‘re different”
Aegean is proud of the contemporary image of its petrol
stations. Station personnel enhance the “Aegean Look”
through clothing and products that reflect a
commitment to quality and customer service.
SUMMER 2011 AEGEAN NEWS 31
Aegean
Energy for the Future
Aegean is Greece's most dynamic energy, petroleum, and shipping group. The company has a network of retail gas
stations throughout Greece, is active in marine fuels and lubricants, and operates a fleet of tankers and barges internationally and domestically to transport petroleum and bunkers for its global base of clients.
Retail Market
Through its fast-growing network of gas stations, Aegean supplies drivers in Greece with gasoline and automotive
lubricants. Aegean’s modern, well-maintained gas station network has won the trust of drivers due to the high quality
products and services it offers at competitive prices. In addition, Aegean directly supplies large industrial clients with
petroleum products of all grades, owing to the consistency and service of its transactions.
Bunker Fleet
NYSE listed Aegean Marine Petroleum Inc., with an exclusively double hull fleet—of which nine ships are newbuildings—is the natural supplier of marine fuels at 12 of the most significant ports in the world. Furthermore,
with
its 22 newbuildings program in progress and the continuous opening of new stations, it is one
of the most dynamically developing divisions Of the Aegean Group.
Bunkering
Aegean provides one of the most efficient and responsive bunkering services to
clients worldwide. Its ships never stop sailing and its services are available 24
hours a day, 365 days a year.
Aegean operates bunkering stations in Piraeus, and in Gibraltar, Singapore,
Jamaica, the United Arab Emirates, Antwerp, Portland UK, Tema in Ghana,
Montreal and Vancouver. All its products are ISO 8217 certified. The Company, which is a member of IBIA and is ISO 9001 certified, is well positioned
on the FOBAS White List.
Shipping
Aegean's fleet of ships is at the heart of its superior service worldwide. Its
vessels operate in full compliance with EU and international standards, are all
certified with the code of safe management ISM and SOLAS and are in complete
compliance with MARPOL regulations.
Aegean continually adds to its fleet of ships, which includes large vessels as well as
smaller capacity vessels. Its fleet transports oil cargoes worldwide on behalf of major oil
companies, commercial clients, and Aegean customers.
Lubricants
Aegean produces and markets high performance lubricants for vehicles and
industrial use under the Aegean brand and, for the marine market, under the
ALFA brand. ALFA marine lubricants are certified and approved by the largest
marine engine manufacturers in the world.
The resources of our company and our follow–up service create our successful relationships and allow Aegean to supply lubricants in 500 ports
worldwide.
Environment-HEC
The Hellenic Environmental Center collects, transports and processes oil residues from ships and land units (industrial, shipyards), while it also manages all
liquid residues produced by ships.
In order to carry out its work HEC has the most state-of-the-art equipment, consisting of floating separators, a fleet of pollutant-collecting tankers, and well-equipped
tank trucks.
HEC acts to protect the marine environment and at the same time contributes significantly to the
saving of energy with the recycling procedures it uses to transform the reclaimed pollutants into energy resources.
Trading
Aegean is dynamically active in the trading of crude oil and petroleum products worldwide. The Trading Department
is comprised of dedicated and professional individuals who combine high level expertise and a great many years of
experience in the oil industry. Petroleum products are supplied to a broad spectrum of customers who comprise the
company's portfolio. Aegean has acquired its credibility from the high quality of the services it provides to suppliers
and ship owners, a fact that supports the company’s ambitions for the achievement of long-range goals in the energy
sector worldwide.
Aegean’s websites
www.aegeanoil.gr
www.ampni.com
32 AEGEAN NEWS SUMMER 2011