Company:Aegean Marine Petroleum Network Inc.

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Aegean Marine Petroleum
TypePublic
NYSE: ANW
IndustryPetroleum industry
Founded1995
FounderDimitris Melissanidis
Headquarters
Piraeus
,
Greece
Area served
SE Europe, Northern America
Key people
ProductsPetroleum Refining & trading
ServicesFuel stations, Oil tankers
RevenueUS$4.055 billion (2016)
US$94.07 million (2016)
US$51.92 million (2016)
Total assetsUS$1.600 billion (2016)
Total equityUS$817.63 million (2016)
Number of employees
Increase 977[1]:83 (2015)
Footnotes / references
source of financial figure[2]

Aegean Marine Petroleum Network Inc. known as just Aegean Marine Petroleum or AMPNI is a Greek company focusing on petroleum refining and trading. Aegean Marine Petroleum is one of the largest independent fuel suppliers in the world.[3] The headquarters are in Piraeus, Greece. Shares of AMPNI traded in New York Stock Exchange.

Marine fuels

Aegean Marine Petroleum is a marine fuel logistics company that physically supplies and markets refined marine fuel and lubricants to ships in port and at sea. As a physical supplier, Aegean Marine Petroleum purchase marine fuel from refineries, major oil producers and other sources and resell and deliver these fuels using bunkering tankers to a broad base of end users.

Aegean is a large oil and shipping company in Greece and has a global presence in 33 markets, including United States , Canada , Mexico, the United Kingdom , France , Belgium, Cyprus, Spain , Portugal, Italy, Denmark , Bulgaria, Russia , Serbia, The Netherlands, Romania, Turkey, Switzerland , South Africa , Jamaica, Trinidad and Tobago, Ghana, Singapore, Morocco, Gibraltar, Fujairah, Cape Verde, Panama, The United Arab Emirates, China , India , Indonesia, Malaysia and The Canary Islands.[4][page needed]

Shareholders

[5]
list of shareholders with significant interests
  • Peter C. Georgiopoulos (13.7%)
  • Senvest Management, LLC (11.9%)
  • Towle & Co. (5.6%)
  • Other directors and executive officers as a group (3.0%)**
    • Individually own less than 1% of our outstanding common shares.

On 17 August 2016 AMPNI announced that the company would buy back all the shares held by Dimitris Melissanidis for $8.81 per share, founder and largest shareholder of the company for 22% stake.[6]

See also

  • Energy in Greece

References

  1. ↑ 1.0 1.1 1.2 "2015 Annual Report". Aegean Marine Petroleum Network Inc.. 5 May 2016. http://www.ampni.com/uploads/Documents/33950/edbd_annual_report.pdf. 
  2. ↑ 2016 Annual Report
  3. ↑ Aegean largest independent fuel supplier in the world
  4. ↑ Aegean Inc
  5. ↑ http://www.ampni.com/uploads/Documents/34020/ba43_aegean_2016ar.pdf
  6. ↑ "Aegean Marine Petroleum Network Inc. to Repurchase 11,303,031 Shares Owned by Dimitris Melissanidis". Aegean Marine Petroleum Network Inc.. 17 August 2016. http://phx.corporate-ir.net/phoenix.zhtml?c=195297&p=irol-newsArticle&ID=2195941.  [|permanent dead link|dead link}}]

External links




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