Aegean Marine Petroleum Network and Caribbean Bunkers LLC Sign Agreement on Bunkering Sales

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Image Credit: www.basil-karatzas.com

On August 30, Aegean Marine Petroleum Network signed an agreement with Caribbean Bunkers LLC, a subsidiary of Freepoint Commodities LLC, to cooperate on bunkering sales, focussed around the US Virgin Islands facility at Limetree Bay, St. Croix.

 

As per the agreement, Aegan will market bunker fuels and marine gas oil supplied by Freepoint Commodities to customers calling on the Limetree Bay Facility.

Manolis Chochlakis, Aegean’s Regional Manager of the Americas, said, “We are pleased to announce the launch of our new service center in St. Croix USVI, which strengthens our existing presence in the Caribbean and represents another important step in our effort to broaden our global footprint in attractive markets.” He added, “The growth and activity level at Limetree Bay has been remarkable since the terminal was purchased in 2016.”

The contract goes into effect in September and should be totally operational and contribute results in quarter four of this year.