aegean news 2008 aegean news 4 aegean update 8 flows and currents trends and news in the oil and...

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Aegean Bunkering 3 Years in Jamaica Interview Steve Leonard Hellenic Environmental Center New Contracts Children and the Environment Plus Flows & Currents Maritime Tradition Aegean News AUTUMN 2008 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 ALFA Marine Lubricants A New Global Brand

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Εξαγορά της ICS Petroleum

Εγκαίνιατου RO-RO MAΪΣTΡOΣ

Ποσειδώνια 2008 & Το Πάρτι της Aegean

Τα Νεότευκτατης AegeanΕν Δράσει

Λιπαντικά AegeanΠλεονεκτήματα

& Εφαρμογές

Aegean NewsΚΑΛΟΚΑΙΡΙ 2008

ΤΟ ΤΡΙΜΗΝΙΑΙΟ ΠΕΡΙΟΔΙΚΟ ΤΗΣ AEGEAN

Ανάδοχος του

RO-RO MAΪΣTΡOΣ ο Υπουργός Εμπορικής Ναυτιλίας

Aegean Bunkering

3 Years in Jamaica

Interview Steve Leonard

Hellenic Environmental

Center New Contracts

Children and the Environment

PlusFlows & Currents

Maritime Tradition

Aegean NewsAUTUMN 2008

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

AlfAMarine lubricants

A New Global Brand

Rightly so, consumers around the world are deeply concerned about the financial crisis that is destabilizing markets globally and creating a sense of uncertainty at al-most every level of society. In parallel with a global credit crunch and a severe testing of the banking industry, en-ergy worries continue to concern policy makers, industry, business owners, and everyday citizens.

In addition to the radical swings we have witnessed over the last several months in the price of oil—rapidly increasing to 147 dollars a barrel before receding just as quickly to less than 50 dollars—the public is con-cerned about diverse sources of energy, stable supplies of energy, and the effect our energy consumption has on the environment.

Coupled with these serious concerns is the sudden increase of commodity prices that can have devastating effects on developing economies. Add in the abrupt de-preciation of the Euro against the U.S. dollar, complex political developments, and the current climate is indeed one that is the most challenging of our generation.

Aegean has long held that stability in markets, whether they be energy markets, fi-nancial markets, or commodities markets, is the cornerstone to responsible growth.

If healthy global trade is to continue to benefit the world’s citizens then growth must be based on systems and policies that ensure responsibility and accountabil-ity. Free markets are the foundation for democratic societies, research and innova-tion, and solutions to our most pressing needs. It is up to all of us to ensure that our markets operate with transparency, with the correct regulatory mechanisms in place, and with stability of prices. In this way, energy will be a secure and depend-able commodity for every citizen and business.

editorial

Raymond mateRaPublisher

RetailàAEGEANOILhasestablishedagassta-

tions network throughout Greece, and

isoneofthefastestgrowingcompanies

intheretailmarket.AEGEAN’Sgasoline

marketshareinGreeceis9.1%.

ShippingàAEGEANSHIPPINGmanagesafleetof

tankers,rangingfrom3,500DWTto

100,000DWT,thattransfersanddelivers

oiltoourclientsthroughouttheworld.All

shipsmeetISMstandards.

BunkeringàInPiraeus,Gibraltar,Kingston,OchoRios,

MontegoBay,Antwerp,PortlandUK,Te-

mainGhana,UnitedArabEmirates,Sin-

gapore,MontrealandVancouver,AEGEAN

MARINEPETROLEUMisaleaderinprovid-

ingthebestbunkeringservicesavailable.

InPiraeus,AEGEANMARINEPETROLEUM

isthemarketleaderinbunkering.

Agency Servicesà ShipsfromaroundtheworldrelyonAEGE-

ANAGENCYservicesatPiraeus,Gibraltar,

andJamaica,fromloadinganddischarg-

ing,tosparepartsandsupplies.

Lubricantsà AEGEANOILproducesandmarketshigh

performancelubricantsforvehiclesand

industrialuse,undertheAEGEANbrand

andAEGEANMARINEPETROLEUMtrades

andsupplieslubricantsforthemarine

marketundertheALFAbrand.

AegeanCore activities

aUtUmn 2008 AEGEAN NEWS

aUtUmn 2008 AEGEAN NEWS �

4 AEGEANUPDATE

8 FLOWSANDCURRENTSTrendsandNewsintheOilandEnergyFields

10 BUNKERINGThreeYearsinJamaica

15 SHIPPINGNewbuildingsinOperation

16 AEGEANMARINEPETROLEUMInterviewwithSteveLeonard

18 STATIONSOFTHEMONTH•EfremidisIoannis-NeaSantaKilkis

•MarkosGrammenidis-2ndKilometerN.R.

Komotini-Xanthi

20 RETAILPositiveSalesResultsDuringA'Semester2008

21 LUBRICANTSALFAMarineLubricants

26 HELLENICENVIRONMENTALCENTERNewContracts

27 ENVIRONMENTPlanetEarthSOS

28 ENVIRONMENTChildrenandtheEnvironment

30 MARITIMETRADITIONGreekSeamanshipintheByzantinePeriod

31 AEGEANIMAGEProductsThatSay“We’reDifferent”

16 Mr.SteveLeonard,AegeanUSAVicePresident,speakstoAegeanNewsonAMP’sentryintothedynamicNorthAmericanmarket

10 AegeanBunkeringcelebratedthreeyearsofoperationsinJamaica 21 Aegean’sALFAmarinelubricantsarebeing

deliveredwithtanktrucksandatanchoragebybarges

contents

autumn 2008Aegean Newsis published quarterly by aeGean

Publisher & Managing editor Raymond matera

Contributing editor J. Georgana

design Snack

Printing and binding Korifi Publications Sa

owner aegean 42 Hatzikyriakou Street 185 38, Piraeus, Greece tel: +30 210 458 6000 Fax: +30 210 458 6241 e-mail: [email protected] Internet: www.aegeanoil.gr, www.ampni.com

Commentsandsuggestionsarewelcome.

Aegean News isfreeofchargeandisavailable,subjecttoavailability,toanyinterestedpersonororganization.

Code: 5169

PleaseRecycle

� AEGEAN NEWS aUtUmn 2008

"AEGEAN ORION" Joins Portland FleetPortlandBunkersInternationalLimited

(PBIL)announcedthatthefullyrefur-

bished"AEGEANORION"hasjoinedthe

Portlandbargefleet.Intensiveworkhas

beenundertakeninanefforttobringthe

vesseluptothestandardsexpectedof

AMPNI.The"AEGEANORION"(previously

"Orion"),atlessthan600tonnesdwt,is

agreatadditiontothePortofPortland

infrastructurewhereshesuppliesonly

withinthewellshelteredharbourinside

thebreakwaters.

A e g e A n U p d A t e

Aegean Marine Providers Inc. Opens in ManilaOn July 15, 2008, after having fulfilled all the requirements of the Philippine

Overseas Employment Administration and complying with the city

government ordinances, the doors of Aegean Marine Providers, Inc. officially

opened, with the primary objective to provide maritime labor to shipowners.

The company, as a Manning Agent, is engaged in the selection, recruitment,

hiring and deployment of competent, certified and qualified Filipino seafarers

to cover aspects of ships' crew management. Moreover, the company is

staffed with personnel who are qualified under Philippine laws to engage in

a Manning Agency, as well as committed to comply with all applicable codes,

guidelines, standards, rules and regulations in respect to maritime labor and

are responsive to the changing requirements of principals and seafarers.

Mr. Dimitris Karaboulis and Mr. Bibiano O. Reynoso are the men responsible

for the efficient operation of the Agency.

AegeanMarineProviders,Inc.

3/ABPIBldg.1377A.MabiniSt.,CornerStaMonicaSt.,Ermita,1000Manila,Philippines

Tel:+6325253445-5253241,+6327103424(wireless)

Fax:+6325253241

Mob:+639285075738

E-mails:[email protected],[email protected],[email protected]

Logging OnCustomersandassociatesofAegean

mayvisitthecompany’swebsite,www.

aegeanoil.gr,tolearnaboutthecom-

pany’sactivities.Bunkeringcustomers

mayregisteronlinetoconductbusiness

andmaintaincontactwiththebunkering

departmentatwww.ampni.com.

aUtUmn 2008 AEGEAN NEWS �

New Stations in Aegean’s Retail NetworkTheAegeannetworkisgrowingthroughoutthecountry.Listedbelowarethestationsthathavestarteddisplaying theAegeanLogoduringthepastthreemonths.

2nd KM DRAMA-KAVALA, DRAMA CaRFoUR maRInoPoULoS S.a..

222 KM. Ν. N.R. ATHENS-THESSALONIKI, STYLIDA FTHIOTIDA tZoUnI KonStantInoU BRoS.

VROSINA IOANNINA ΖΙΑΚΑ SOFIA

6 VARI-KOROPI AVENUE aRGyRIoU GeoRGe

TYBAKI-HERAKLION CRERE KydonaKI-aLeVIZaKI CHaRoULa

AG. GEORGIOS, VERIA LIatSoS tHomaS

115 28th OCTOBER ST.–KANARI- ABELOKIPI, THESSALONIKI GoUnoPoULoS S. & Co.

PLATANOVRYSI, PATRAS KaLentZIotIS GRIGoRIS

DIMOKRATIAS AVE. & PANAGI TSALDARI, AEGINIO PIERIA PetRaKIdIS I. CHRIStoS

A e g e A n U p d A t e

"AEGEAN ORION" in Oil Spill ExerciseApproximately 20 shoreside and shipboard staff from PBI (Portland Bunkers International) and Aegean attended a course held by Portland Port’s resident environmental officer, who as an ex-employee of “Oil Spill Response Limited” (OSRL), is an expert in all aspects of anti-pollution measures. All attendees received certification categorizing them as official Oil Spill responders after the two day courses which culminated in a major response drill. The drill was attended and observed by all local concerned bodies and involved a scenario which included both of AMPNI resident barges. The scenario enacted a mock spill from a bunker operation where "AEGEAN X" acted as the receiving vessel and "AEGEAN ORION" as the delivering bunker barge. It was necessary for all staff to utilize the knowledge they had gained from the course to activate emer-gency and preventive measures. The drill was a massive success and has elevated Aegean and PBI even more in the eyes of the UK authorities as a responsible and professional operator with trained and competent staff in all areas

"AEGEAN X" in Fire Drill ExerciseAt thebeginningofAugustAegean’sM/T "AEGEANX"was

used for an exercise performed jointly by PBI and Dorset

Fire & Rescue Department. Τhe scenario was that the vessel,

whileloadingexPBITerminal,encounteredafireinthepump

roomandasaresulttwocrewmembersweremissing.

TwofireappliancesandafireteamfromDorsetFire&Rescue

Dept.cooperatedverycloselywith"AEGEANX"fireteamand

theexercisewascompletedsuccessfully.

� AEGEAN NEWS aUtUmn 2008

A e g e A n U p d A t e

Catamaran ALPHA—A New Aegean AcquisitionAegean’sstationinGibraltar,inorder

toimprovetheservicesprovidedtoits

customers,recentlytookdeliveryofCata-

maranALPHA.ALPHAwillbemannedby

localcrewwhoarefullyqualifiedandhave

extensiveexperienceoperatingonHarbor

CraftinGibraltar.

Thisdevelopmentdramaticallyexpands

therangeofservicesAegeanofferstocli-

entvesselscallingatGibraltar,aswellas

allowingAegeantohandlein-houseallcrew

transportationanddeliveriesofstores.It

alsoallowsAegeantoofferitsservicesfor

vesselspassingthroughGibraltarinthe

formofOffPortLimitsservicesforvessels

transitingGibraltarStraits.

Theodoros II Visits GhanaHis Beatitude Theodoros II, Pope and Patriarch of Alexan-dria and All Africa, the spiri-tual leader of the Orthodox Church, visited Ghana for the first time in the church’s histo-ry. The purpose of his visit was to celebrate the 25th Anniver-sary of the Orthodox Church in Ghana and also the inaugu-ration of the St. Peter and Paul church at Larteh– Akuapim.

During his visit, His Beatitude paid a courtesy call on the President of the Republic of Ghana, His Excellency, President John Agyekum Kufuor at the Osu Castle.At a press conference held on July 24, His Beatitude spoke of the role of the church in helping develop the economy by building schools and hospitals to serve the needs of people in communities where the church is located.A dinner reception was held at the residence of the Station Manager of Aegean Bunkering Ghana, Captain Theofilos Pizanias, in honour of Theodoros II, and in-vited guests included Greek diplomats in Ghana, esteemed members of the Greek community in Ghana, members of the Orthodox church, policy makers and media practitioners. The culmination of the event was the knighting of Captain Theofilos Pizanias from the Order St. Markus of Alexandria.

An annual drive to Italy with spectacular Ferrari automobiles has

become an institution for the Greek Ferrari Club. This year, driving

throughPatras,the30Ferrarisstoppedforgas,awashandacupof

coffee at Aegean’s gas station on the Athens-Patras National Road.

ThepresenceoftheimpressivecarsforalmosttwohoursatAegean’s

gasstationwassoonmadeknownandcarloverscamerunningtohave

the chance to take a photograph next to the Italian beauties. Local

media could not miss the opportunity too, so a small press confer-

encewasheldat thestationwith thePresidentand themembersof

theFerrariClubandMr.AndoniDre,ownerofthebuildingandMr.Aris

Kolokythas,Aegean’sassociate.

Aegean Gas Station Refuels Ferrari

HisBeatitudewithlocalChiefs

aUtUmn 2008 AEGEAN NEWS �

Aegean Sponsors Publication on Pontian Tradition

Aegeanwasthesponsorofthepresen-

tationofthepublicationPontos,Folk-

lore Topics of Pontian Greeks which

tookplaceonWednesday,September

24, 2008, at Athens’ King George

Hotel. Deputy Minister of Agricul-

tural Development, Mr. Konstantinos

Kiltidis,wasthekeynotespeaker.The

462-page volume on folklore culture

andPontiantraditionistheworkof18

specialresearchers,scientistsanduniversityprofessors,underthecoordinationofMr.Mano-

lisSergis,AssistantProfessorofFolklore, in theLanguage,LiteratureandCultureDepart-

mentoftheDimocritianUniversityofThrace.Thepublicationtracesthefolkloretraditionof

AsiaMinorPontianswhocametoGreeceaftertheAsiaMinor1922eventsandtheexchange

ofpopulation,intheframeworkoftheLausanneconvention,in1923-1924.

International Conference “September 6-7 1955 Events”Duringpastdecades,unionsfromConstantinoplehavejointlyorganizedavariety

ofeventsinmemoryofSeptember6-71955.Thisyearaconferencetookplaceon

September13,atAthens’ClassicalAcropolHotel,aimingtomarkthosecatalysts

whichplannedandexecutedsuchactions,themaintenanceofsuchmechanismsin

un-democraticconditions,andtheneedforhealingthewoundsofthevictims,onthe

basisoftheInternationalLawforHumanRights.

Aegeanwasoneofthesponsorsoftheevent.

Aegean Sponsors PRESPEIA 2008Twenty Years were completed this year for the Pre-spes festive events and the anniversary was celebrated in a grand manner. This year’s events took place on August 29, 30 and 31 in Agios Achillios and the town of Florina, in the presence of the Presiden of the Re-public, Mr. Karolos Papoulias, the President of the Parliament, Mr. Dimitris Sioufas and a great number of political and cultural personalities from Greece and abroad. The events included a “Tribute to Maria Callas” one evening dedicated to Vasilis Tsitsanis and another to Stelios Kazantzidis. Also performing

were the Russian choir singers from Moscow’s Novospaski Monastery, Goran Bregovic, musical bands from Turkey, Albania and Bulgaria and the Philhar-monic Orchestras of Corfu and Florina.

A e g e A n S p o n S o r S h i p S

IKARIADA 2008 “The Birth of Flight”TheMinistryofMercantileMarine,Aegeanand

IslandPolicyorganizedforthefirsttimethis

year,onJuly17-20,festiveeventsonIkaria

islandunderthenameIKARIADA2008.The

eventsaimedtoreenacttheIkarusmythand

tomark Ikariaas theplacewhere thecere-

monyofthelightingofthetorchforthe2009

aeroathleticgamesmusttakeplace.

Aegean was a sponsor of the event.

� AEGEAN NEWS aUtUmn 2008

F l o w S & C U r r e n t S

Russian Single-hull Ban Russian authorities have decided to bring the country's tanker fleet into conformity with the international MARPOL convention in a move that could see 95% of the fleet that refuels ships in the country's ports grounded. A report in the Russian daily Kommersant said all single-hull tankers below 5,000 deadweight ton (dwt) will be taken out of service by the end of the year, following the decision by the Russian Transportation Ministry. "In the port of St. Petersburg, for example, only two of over 70 refuelling vessels will remain. A systemic crisis is expected to result," Kommersant said."This will have major, major implications," Jonathan D Morley, Lead Special-ist and head of MARPOL section at Lloyd's Register (LR), told Bunkerworld.He said it looked like a knee-jerk reaction following the Kerch Strait fuel oil disaster last November, when the 1978-built, single-hulled Russian river tanker Volgoneft-139 broke up during a violent storm, spilling its cargo.

Electric Energy Free from Emissions In the beginning of September 2008, in Spremberg Germany, the first electric energy producing plant started a pilot operation where electricity produced does not produce carbon dioxide emissions. The new technology is based on carbon containment and capture (CCS). Carbon dioxide is separated from the other chemical substances during the production of electric energy and is then transported and deposited deep in the ground in regions where formerly natural gas or oil were extracted. Specialists point out that the CCS system will support the effort to combat global warming. The new plant cost 70 million Euro and its construction took approximately two years.

Wind Generators at SeaFourplansformarineaeolicparks

havebeensubmittedtotheRegulatory

AuthorityforEnergy,which,ifapproved,

willbethefirststepforGreecetoward

theproductionofelectricenergyby

windgeneratorslocatedclosetothe

coastline.Oneiftheseparkswillbe

intheGulfofEvia,oneintheGulfof

KymiandtwointheThracianSea.

Theoffshoreaeolicparkshaveadvan-

tagesanddisadvantages.Themain

advantageisthatstrongwindsblowat

sea,andatthesametimetheycause

minimalvisualdisturbance.Among

thedisadvantagesincludedthehigher

constructioncostandthefactthat

thegeneratorsmustbeabletoendure

thenaturalsconditionsatsea,suchas

storms,waves,andsaltywater.Also,

theproductioncostsofsuchaprojectat

seaare50%morethanasimilaraeolic

parkonland.Theplansfortheseparks

areinaccordancewiththeeverincreas-

ingtrendataEuropeanlevel,where,

accordingtoestimates,bytheendof

thenextdecadetherewillbeoffshore

aeolicparkswithaproductioncapacity

ofupto40,000MW.

Carbon Dioxide Reaches Record Levels

Carbondioxidelevels,worldwide,havecur-

rentlyreached387ppm(partspermillion),

almost40%highersincetheindustrialrevo-

lutionperiod.Theaverageannualgrowthwas

2.14ppmin2007.From1970upto2000

theconcentrationincreasedbyalmost1.5

ppmannuallybutfrom2000onitreached

2.1ppm.Specialistspointoutthatthis

increaseindicatesthattheearthhasstarted

toloseitsnaturalcapacitytoabsorbbillionsoftonsofcarbondioxideeachyear.They

alsopointoutthatiftheconcentrationofcarbondioxidecontinuesatlevelslikethese,

emissionswillhavetobereducedbymuchmorethatitisestimatedtoday.

aUtUmn 2008 AEGEAN NEWS �

Drinking Water from Carbon DioxideOntheGreekislandofAmorgosscien-

tistsareworkingonapioneeringdesali-

nationmethod,inwhichcarbondioxide

fromthePublicElectricityCorporation

chimneywillbeusedtoproducewater

andindustrialbicarbonate(soda).This

technologyhasalreadybeenusedin

NorwayandtheNorwegiancompanythat

implementeditiscurrentlycooperating

withtheMunicipalityofAmorgosanda

Greekteamofscientists.Carbondioxide

willbechanneledtospecialdevicesand

saltywaterwillbemixedwithammonia

andchanneledtothesamedevices.

Chemicalreactionsforcethecarbon

dioxidetoseparatewaterfromsaltand

asaresultdesalinatedwaterisproduced

andbicarbonatenatrium,whenheated,

istransformedintosodaproducts.The

projectwilladdressthewatershort-

ageproblemonwaterlessislandsinan

ecologicalway,reducingatthesame

timepollutingemissionsfromthePublic

ElectricityCorporation’splants.Energy Production from Wild Artichokes

The wild artichoke can produce a wide range of energy products by burning, liquidation or gasification of its biomass. These products are liquid biofuels; second generation biodiesel and second generation cellulose bio-ethanol, gas biofuels; production of biogas and biohydrogen, where the

production of biogas is achieved with the methanic fermentation of the biomass and the end product of the non-aerobic conversion of cellulose is methane and CO2. The whole process is performed in two reactors with the assistance of a mixture of microorganism cultivations. The production of hydrogen is achieved with biological or thermochemical conversion. Finally, the biomass of wild arti-chokes can produce solid biofuels, where the biomass can be used either directly for burning and the production of heat or electricity or be converted to solidi-fied biofuels following compression.

F l o w S & C U r r e n t S

Greek-Russian Cooperation in Energy IssuesFurthertotheagreementfortheBurgas-Al-

exandroupolisandtheBlueStreampipeline,

the Russian side is showing great interest

to cooperate with Greece in electricity and

naturalgas.Specifically,therearethreepos-

sibilitiesregardingthepresenceofGazprom

in the Greek market. One has to do with

the extension up to 2040 of the bilateral

agreement with DEPA (Public Gas Corpora-

tion) for the supply of Russian natural gas,

which expires in 2017, the other the entry

of Gazprom in the retail market of natural

gas through three new natural gas supply-

ing companies to be established in Lamia,

KomotiniandSerresandthefinaloneisthe

investment inelectricityproduction through

theestablishmentofanelectricenergyunit

byGazprom,aloneorbyaconsortium.

Privatization of Greek PortsThe procedures for assignment of many

yearsofprivatemanagementof thecom-

mercialstationsoftheportsofPiraeusand

Thessalonikiarespeedingup.Majorcandi-

dateshereareforeigngroupswhichareship-

pingcompaniesorinvestorswithknow-how

in the management of commercial ports.

InThessaloniki,amongother jointventure

schemes,willbeDubaiPorts,Hutchison,and

probably Greece’sTechnodomiki.TheChi-

neseCoscoandtheDanishcompanyMaersk

standoutinthecaseofPiraeus.

10 AEGEAN NEWS aUtUmn 2008

B U n k e r i n g

ThreeYearsforAegean

inJamaicaBΥ TheoDoRos MoTsenigos |STATIONMANAGER

KingstonistheprimarycityofJamaica,withatropicalclimatethatisnestledbetweenthe

BlueMountainrangesandoneoftheworld’ssevendeep-seanaturalharbors.Initsfirst30

years,KingstonwasmerelyoneofthefourportsinKingstonHarbor,theotherthreehaving

beenbuiltpriorto1692.Nowadays,itisoneofthemostactiveportsintheregion,notonly

apassagewayinthecenterofCaribbean,butalsoaveryhospitableport,wideopentoour

friendsandpartners.

1.BunkertankerBridgeduringManoeuvering2.CargoControlConsole3.BunkertankerMainDeck

1 2 3

aUtUmn 2008 AEGEAN NEWS 11

TheCompanyIn March 2008, Aegean Bunkering (JAM) LTD celebrated its third an-niversary in Jamaica. Established in 2005 to supply quality bunker fuel in Jamaica the company succeeded to create reliable and high quality bun-kering service.

In 2005 we understood that bun-kering business in Jamaica could grow and that is why we decided to create a company which could serve and in-crease the traffic in the port of Kings-ton and the greater area. The strategy turned out to be right. Until today more than 2,500 vessels supplied with more than 50% of them, called for bunkers only.

Finally, Aegean’s ALFA marine lu-bricants are now available in all Jamai-can ports. Aegean directly provides Jamaica with every quantity of the full series of its marine lubricants (engine oils, auxiliary lubricants, synthetic lubricants and grease oils) in very competitive prices.

FocusedStrategyfortheClients'BenefitAgainst our regional competitors we follow one main strategy. This is to specialize in bunkering, directing our forces to build up a reliable service to supply high-quality fuel any time of the day. To achieve this goal we have a trained team of professionals and ef-fective company management.

Our quality management system allow us to fulfill and to control every stage of the process that a company is involved in: loading storage and supply.

TheMainStreamsofBunkerDevelopmentsAt the beginning many of our clients avoided fuelling in Jamaica having strong prejudice against it. So, that is why our main goal as bunker opera-

tors was to convince them to bunker their vessels in Jamaica and to prove to them that their demands in the stable quality of fuel and service are reachable. The results prove we have succeeded.

It is well known that prices always played an important role in decision making. However, after many years of work in the bunker market, we un-derstand that the best price is not the only advantage our clients are look-ing for. The quality of product and services are also very important. To attract more and more clients we have to guarantee the highest quality of our product and services.

QualityofProductFuel and Gas Oil is loaded from a local refinery. Pre loading quality test are ensuring product’s high qual-ity in line with ASTM, IP, and ISO 8217:2005 specifications.

Prior to load the quality of the product is monitored at the refinery on an on-going basis by a team of qualified chemists and analysts, using internationally recognized test meth-ods, such as the ASTM-American Society for Testing Material Institute of Petroleum Standard Test Methods and the ISO.

MARPOL73/78AnnexVIandShellMarineProductsOur Products comply with the MAR-POL Annex VI regulations—focus-ing on reducing air pollution from diesel engine exhaust gases—from the implementation date. To this end, we have updated our Delivery Pro-cedures and Bunker Delivery Notes to include the requirement to report

Sulphur, Density, Vessel IMO number and Company’s contact details, to-gether with the MARPOL Statement of Compliance.

Our Products ensure that the MARPOL Retained sample is taken as part of our delivery and handed to the receiving vessel for their retention for a minimum of 12 months.

SulphurOxides(SOx)EmissionsRegulation 14 (1) of Annex VI states that the sulphur content of any fuel oil used on board ships must not exceed 4.5% m/m. Our Quality Monitoring procedures are ensuring that not any ship will be supplied with fuel oil with

Aegean directly provides Jamaica with every quantity of the full series of its marine lubricants in very competitive prices

4.Preparingforbunkering5.Rescueexersise

5

4

12 AEGEAN NEWS aUtUmn 2008

B U n k e r i n g

sulphur content higher than 4.5% m/m in order to help our customers to comply with this regulation.

BunkerDeliveryNoteandSampleRequirementsRegulation 18 of Annex VI sets out the requirements for Bunker Delivery Notes and Retained samples.

Our Bunker Delivery Receipt in-cludes the following information:❚ Name and IMO number of receiv-

ing ship❚ Port❚ Date of commencement of delivery❚ Name, address and telephone num-

ber of marine fuel oil supplier❚ Product name(s)❚ Quantity in metric tones❚ Density at 15 degrees Celsius❚ Sulphur content (% m/m)❚ Additionally, the Bunker Delivery

Receipt include a declaration that the fuel oil is in conformity with regulation 14 (1) and 18(3)

❚ The MARPOL Retained sample is provided by and is being taken at the receiving ship’s inlet bunker manifold, wherever it is safe and feasible to do so. Where this is not possible a suitable alternative loca-tion is agreed with the receiving ves-sel, to ensure that a representative fuel sample is obtained for each and every delivery.

StorageThe products, following loading from the refinery, are stored in our bunker ships which are equipped with the most modern monitoring and han-dling equipment.

As an additional verification and follow up of product quality and stability, our bunkering ships are equipped with electronic quality ana-lyzers from Anton Paar for continuous

monitoring of density and viscosity.The construction of bunker ship

cargo tanks, together with local cli-mate characteristics and our monitor-ing control, help to keep the product at a constant temperature above 45oC to avoid any biodeterioration.

All cargo tanks and its associated piping are under scheduled inspec-tions to ensure structural integrity and cleanliness for a proper product storage environment.

LocalFleetOur ships are either constructed or upgraded specially for the purpose of bunkering operations. As such, the delivery operation is performed safely and on time following high standards.

BunkerShipsCharacteristicsThe local fleet of ships consisted by three self-propelled oil tankers with carrying capacity from 5 to 8,000 metric tones. Ships are modern and of double hull construction.

RegulatoryComplianceAll ships are classed with IACS Classifi-cation Societies, flagged under Interna-tional reputable Flag Administrations, insured under international recognized underwriters and certified as interna-tional trading ships. Under continuous inspection programs from all the statu-tory bodies, port state controls, and oil majors, all ships are of high operational standards and are continually im-proved, always to comply with the most stringent requirements.

MachineryandEquipmentAll ships are equipped with high-powered engines and pitch propeller systems to ensure timely and efficient thrust gives the ship excellent steer-age. Additionally, they are equipped with bow thrusters, increasing the maneuverability and dramatically

Our Quality Monitoring procedures are ensuring that no ship will be supplied with fuel oil

with sulphur content higher than �.�% m/m

6.OilPollutionboomdeployed7.OilPollutionDrill8.FireFightingExersise

7

6

8

aUtUmn 2008 AEGEAN NEWS 1�

JamaicaAEGEANBUNKERING(JAM)LTDHarbourHeadPen,RockfortKingston2,JAMAICA,W.I.Phone:+18769387752Fax:+18769388638Mobile:+18763221087email:[email protected]:http//:www.ampni.com

reducing the necessary room for ma-neuvers in places such as ports and confined waters. Finally, all critical parts are held in double, ensuring freedom from operational breakdown and facilitating continuous scheduled maintenance.

MooringandFenderingAll ships are equipped with an ad-equate number of high strenth fiber mooring ropes. High performance mooring winches and associated guide rollers, fairleads and bollards, all regularly tested, are provided for handling the ropes. Finally, pneumatic fenders of a size meeting OCIMF rec-ommendations are used as the prima-ry fendering system and an additional ,secondary system is provided as well, to ensure a proper and safe mooring pattern under all conditions.

PumpingArrangementsAll ships are provided with dedicated piping systems for each grade to en-sure contamination free operation. Pumps are driven by high-powered prime movers, ensuring high pump-ing rates and helping to keep the operation on schedule in line with our customers’ commitments and the company’s turnaround.

Delivery of fuels is performed through flexible hoses, different for each grade, that are properly tested at regular intervals following proper handling and stowing procedures to ensure long life and excellent working condition.

ComplimentAll ships are manned with seafarers certified as required by STCW95 with long standing experience in oil tankers and bunkering operations. As this is not sufficient in itself, continuous training and updating programs are established to ensure a safe and professional envi-ronment within the company.

The number of compliment for every ship guarantees fatigue-free liv-ing of our seafarers and, together with the company’s operating procedures, ensures a safe and environmentally friendly operation.

ISM&ISPSOur company and ships operate un-der certified Lloyds Register ISM & ISPS schemes in accordance to IMO’s requirements.

EnvironmentallyFriendlyOperationThrough our commitment to prevent pollution of the marine environment, special attention is paid to operations and the prevention of accidents. Objectives

1. "Clean" shipping operations, such as the environmentally proper disposal of oil, sewage, and waste, plus a use of tin free marine coatings, a reduction in levels of emissions from engines and boilers, and ballast water management

2. Procedures, guidelines and mon-itoring of "safe" shipping operations

through design and equipment, load-ing, discharging and cargo handling on board

3. Procedures, guidelines and monitoring of “safe” ships movement, such as using updated charting sys-tems and nautical publications, bridge resource management, pilotage

4. For the prevention of air pollu-tion, our ships use environmentally friendly fuels, such as marine gas oil with sulphur content less than 0,5%.

If, despite the most stringent rules and the most thorough inspections, a ship gets into distress, our system of emergency preparedness will ensure a minimization of harmful effects to the environment.

As an additional verification and follow up of product quality and stability, our bunkering ships are equipped with electronic quality analyzers from Anton Paar for continuous monitoring of density and viscosity

1� AEGEAN NEWS aUtUmn 2008

aUtUmn 2008 AEGEAN NEWS 1�

S h i p p i n g

NewbuildingsinOperationAegean’snewbuildings,oneaftertheother,arearrivingatthestationswheretheywill

beinservice.

Μ/Τ MAISTROS totheGreekIslandsOn September 22, the tanker M/T MAISTROS successfully completed its first fuel delivery to the Aegean islands.

The ship’s first stop was in Crete, where the people of the city of Rethym-non spoke very warmly about the captain and the crew of the ship. The pioneer Bottom Loading system of the tank trucks impressed all visitors, with its environmentally friendly character-istics and the accuracy and precision of fuel loading on the trucks. The gas stations owners, impressed by this new technological innovation of Aegean, ex-pressed their view that the company will continue with the same passion and care in the supply of fuel to Crete as well as to the remainder of the Aegean islands.

MAISTROS’ next stop was in the island complex of the Cyclades. In one day MAISTROS supplied fuel to gas stations in Naxos and Syros, with success, demonstrating again its great capabilities as the first tanker-car ferry in the speedy supply of fuel to

gas stations in the Aegean. We wish MAISTROS calm seas

and to carry out successful operations in all its journeys.

M/TMYKONOSJoinsGibraltarFleet

M/T MYKONOS, the latest addition to Aegean’s fleet in Gibraltar, arrived at its station on August 19.

MYKONOS is the second of the newbuilds to be stationed in Gibraltar, and is a further manifestation of Ae-gean’s ongoing commitment to mod-ernize and improve the fleet stationed at Gibraltar in order to maintain our position at the forefront of the busiest bunkering port in the Mediterranean.

M/TKIMOLOSOperatesSuc-cessfullyinSingaporeΜ/Τ KIMOLOS was delivered to Sin-gapore Station in early March of 2008, from Fujian South East Shipyard in China, joining sister vessels MILOS and SERIFOS. The ship, manned with a compliment of 13, with local Master, and Philippine Engineers/Officers, and equipped with the latest cutting edge technology equipment for the lo-cal bunkering trade and operations, is expected to propel Singapore Station to a greater level of volumes, to be de-livered in the very near future. To date, the vessel’s out turn performance was 350,000 MT, delivered successfully.

M/TMAISTROSatthePortofRethymnon

1� AEGEAN NEWS aUtUmn 2008

WhatisthebackgroundofAegean'spresenceinFlorida?

I recall when we announced the opening of the office we spoke about the importance of Florida as a strategic hub for Aegean’s marketing and business development activities, not only in the Americas and the Caribbean, but globally. We al-ready had an operation underway in Jamaica and have since expanded into Canada and Mexico and plans are to continue this expansion in a logical and disciplined manner. There are plenty of opportunities; after all, the Americas and the

Caribbean represent over 35% of the world’s bunker demand and supply. There is a substantial maritime presence in the State of Florida, along with four major ports, in addition to it being the home to the world’s largest cruise ship operators. In addition, a large number of shipping, Marine Fuel and Industrial Fuel conferences take place in Miami, so there is little doubt that it is a very convenient location.

NorthAmericaiscertainlyalargeandattractivemarketfora

companysuchasAegean.Howareyouapproachingthismar-

ketsoyouarepositionedforcontinuedgrowth?

The Miami office’s primary area of responsibility is to seek out and develop opportunities that will expand Aegean’s activities in the region and globally. The industry is un-dergoing significant changes propelled in large part by the acceptance that marine fueling is an important part of the transportation and port infrastructure. Fueled by higher prices in oil, ship owners today are more aware of the impact this variable cost has on their entire operation and for these reasons, suppliers that meet stricter criteria sup-ported by stronger balance sheets are able to differentiate themselves from the smaller, less capitalized companies. This has given rise to numerous opportunities, some of which Aegean Marine Petroleum (AMP) is considering. We have to ensure that we approach each opportunity in a manner that makes most sense for Aegean’s model and ultimately its shareholders. Acquiring ICS was a very good example of this strategy. It gave us an opportunity to plant the Aegean flag in North America and just as important ICS was a very good fit for us.

AsAMPcreatesaglobalbrand inthebunkeringmarket,how

istheentrytoNorthAmericaproceedingandhowwouldyou

gaugetheresponsetodate?

There is little doubt how Aegean’s brand name, brand iden-tification and loyalty have all increased and had such an im-pact over such a short period of time. It’s a tribute to its very strong management and an underlying belief that in this day

AegeAn MArine petroleUM

SteveLeonard—AegeaninTheAmericas

Mr.SteveLeonard,VicePresidentofAmericas,basedinMiami,speakstoAegeanNewsabout

AegeanMarinePetroleum’sentryintothisdynamicmarket.

ViewofAegeanMarinePetroleumofficesinMiami

aUtUmn 2008 AEGEAN NEWS 1�

and age success is not only about understanding customer wants and needs, it is about molding the organization to the market. We are not here just to convince the market that we have what the market wants. This is important not only in the Americas but globally because what works in one area might not in another, so while we try to ensure that we remain consistent with our overall business plan we accept that some tweaking along the way is necessary. As such, our approach has to be very methodical and calculated. As for the response, we believe it has been very favorable: there is considerable appreciation in our efforts to become an integral and important independent service provider on a global scale. We are in the process of introducing our Aegean marine lubricants branded product, ALFA Lubes, in the Americas. We currently supply ALFA lubricants in Sin-gapore, Greece, Sri Lanka, and North-West Europe and in the last quarter we were pleased to start offering in Jamaica. We have identified several other locations in the Americas to roll out ALFA Lubes in the very near future.

What are some of the special characteristics that define the

Americasthatmightbedifferenttootherpartsoftheworld?

By in large, there are far more similarities than differences. Shipping is an international business that has one common theme: efficiency. The metrics are all the same. You get measured on performance, which encompasses the whole gamut of services and for Aegean to be efficient it needs to control and manage the supply chain. Coupled with this are the variables that we can’t directly control but we hold fast to, such as initiatives and legislation to preserve the environment and the seas. The implementation of double hull legislation, an integral part of Aegean’s value proposi-tion, had its roots here in the US, the result of the Exxon Valdez incident in Alaska. When it comes to emissions, the Europeans have led the way with enforcement zones and various local directives such as the 2005/33/EC and on that front, it could be said that they are ahead of the U.S. and the Americas. However, I believe most people involved in our industry, specifically in the U.S. will agree, it is only a matter of time before similar enforcement measures be-come the norm here in the U.S. starting, in all likelihood, on the U.S. West Coast. We continuously monitor these potential changes to ensure that we are prepared.

WhatarethegoalsofAMPasitentersthismarket?

I mentioned earlier that the Americas represent a very large market both from the supply and customer point of view. In addition, there is a large number of brokerage and trading houses, both of which can play an integral role in the pro-

curement process. Our presence here is in line with expand-ing our global network. As with any market Aegean has en-tered or intends to enter there is one constant: we strive to offer a service second to none by directly controlling the whole supply chain from the purchase of the oil, the shipping, the storage, blending, and delivery, including the post deliv-ery information flow. We do so by supporting each link of the supply chain with a strong technology platform and support system. This is critical in a global organization. AMP is one of very few suppliers in the marine fuels segment that can lay claim to full ownership, management and control of the sup-ply chain. We monitor each and every step of the delivery process which results in best in class practices in service, product quality and customer satisfaction. If we can’t achieve this in its entirety we don’t get involved. It is a very exciting time for AMP: we have undergone tremendous growth in a very short period of time and while we look to continue this growth by opening up new supply centers we also continu-ously strive to grow organically in our ongoing supply centers by constantly adjusting to market conditions.

1� AEGEAN NEWS aUtUmn 2008

Wetalkedwiththegasstationownerrecently,onaveryhotdaywheneveryonewasheadingfor

abeach.Oralmosteveryone.Somepeoplehadtoworkandjustdreamofarefreshingdive.One

ofthemwasMr.Efremeidis.

EfremidisIoannis—NeaSantaKilkisTheLastPersontoEverLeaveAegeanWillBeMe

S t A t i o n S o F t h e M o n t h

His gas station is a family busi-ness, located on the main street in Nea Santa and the

surroundings are impressive.

Mr.Efremidis,haveyoubeeninthispro-

fessionlong?

No, not at all. I started almost two years ago. Before that I worked with my taxi in Thessaloniki.

Andwhatmadeyoudecidesuchachange?

I wanted a job that I could pass on to my kids. I did not want my son to get involved with the taxi business. I took this decision when my son went to serve his army term. And I started the preparations to set up such a business. And I got into this scrape!

What exactly do you mean by that? It

soundsasifyouregretit.

Well, no, but it is a complicated busi-ness that requires my presence and involvement all day long, every day of the week. A prison! For a person like me who used to be moving around and especially this season of the year, you see I love underwater fishing, it is a difficult situation. Other than that I have no regrets.

FromwhatIunderstandyougasstation

openedupasanAegeanstationfromthe

very beginning. What made you decide

cooperationwitharathernewcompany

inthissector?

I have known Iakovos Melissanidis for a long time, since my taxi years in Thessaloniki. We had spoken many times and I had realized that he has many elements of my character, ele-ments of our origin. You see I am a Pontian too. When I decided to get involved in this business I got in touch with him and I was satisfied with what I heard. I already knew about Aegean, I had shaped the best possible picture in my mind. At the time many other fuel trading companies approached me and offered me some type of cooperation. I turned all of them down. Not only because I was convinced about the type of cooperation I would have with Ae-gean but because I do not go back on my word. And I have not regretted it!

Did you face any problems when you

started,giventhefactthatyouwerenew

inthisbusiness?

I faced no problems whatsoever. I am a person with excellent public relations, I am actively involved in the

local administration, I know a lot of people, and many people know me.

I must tell you that from the very beginning I was convinced that every-thing would l go extremely well. There are four or five other gas stations along this same street and many of my asso-ciates expressed some reservations. I did not have the slightest doubt. I was proved right and now everyone tells me that my instinct was correct. And this is only the beginning!

Howwouldyoucharacterizeyourcoop-

erationwithAegeanuptonow?

Our cooperation is excellent. What-ever problem I may have it is dealt with immediately. All the Aegean people are excellent. Thanasis Vam-vakas, Pavlos the engineer, the people in Athens, everybody.

Howdoyou imagine the futureof this

cooperation?

I will tell you this. No matter what happens I will be the last one to ever leave Aegean!

When I decided to get involved in this business I got in touch with Iakovos Melissanidis and I was satisfied with

what I heard. I already knew about Aegean, and had shaped the best possible picture in my mind.

aUtUmn 2008 AEGEAN NEWS 1�

MarkosGrammenidis—2ndKilometerN.R.Komotini-XanthiWithAegeanOurConsumptionDoubled

One very busy gas owner is Mr. Markos Grammenidis. It took a lot of effort and an

actual “chase” between Komotini and Thessaloniki, during morning, after-noon, and evening hours to finally pin him down to have a talk.

Mr. Grammenidis station is a per-sonal business. He operates it himself together with seven employees.

He started in the fuel business in 1996. Before that he was a motorist. When he opened his gas station he had already agreed to cooperate with one of the big names in the fuel trad-ing business. He will talk about this cooperation later.

In 2000, this gas station owner makes a very important decision. He decides to put an end to the co-operation, changes the station’s logo

and starts a new cooperation with Aegean.

WhydidyoudecidetoswitchtoanothercompanyandwhydidyouchooseAegeantobethatcompany?

The reasons were two. The first rea-son was the difficulties I started to have with my previous cooperation and the second, and main, reason was Iakovos Melissanidis. Long before Ae-gean’s Alexandroupolis installations were in place, Mr. Kapnisis, together with Iakovos Melissanidis, stopped at my station to fill up. They introduced themselves, we talked a little bit, and just as they were driving away Iakovos turned around and said, “The two of us will talk again. “

Time went by. Things had started to get heavy in my cooperation with the

previous company. Mr. Grammenidis does not go into details; he just men-tions that he felt under a lot of pressure

-I already knew about Aegean and its competitive prices. I remembered the encounter with Iakovos and I got in touch with him. The two of us talked again as he had foreseen. From that moment on things moved smoothly and naturally. Our relation-ship became friendly, and as a matter of fact, last year he became the best man in my wedding.

The change not only did not cause any temporary problems, but “with Aegean our consumption doubles.”

The gas station is located on the N.Road Komotini-Xanthi and there are nine more gas stations nearby.

How are things with such competition?Anyproblems?

I do not have any problems whatsoever. Not only do I have my steady custom-ers, but more and more consumers are constantly being added to our clientele. Aegean’s prices and the quality of its fuel are by themselves the best adver-tisement ever, and the Aegean brand name is by now well known.

What is your assessment of thiscooperationsofar?

I am pleased, no complaints. Even if I have a problem I know the response will be immediate. And this is enough for me!

Aegean’s prices and the quality of its fuel are by themselves the best advertisement ever

Gasstationownersarebusypeople.Aegean’sgasstationownersaremorethanbusy.The

nameAegeanisgettingwiderrecognitionanddemandisconstantlyincreasing.

20 AEGEAN NEWS aUtUmn 2008

r e t A i l

Despite the unfavor-able mar-

ket conditions, the conjuncture of the dramatic rise in

crude oil prices and consequently of its products in the international mar-

kets, Aegean, in the first semester of the current year established itself in fourth position in gasoline sales, with a 9.1% market share. (Table I).

According to the Ministry of De-velopment data, stagnation was reg-istered in fuel consumption in the domestic market, compared with the

corresponding semester of 2007. Dur-ing the same period Aegean registered an increase in total fuel sales of 3.97% (Table II).

Specifically, the increase in auto-motive fuels came to 9.18%, a remark-able percentage increase, given the current market conditions.

PositiveAegeanSalesResultsDuringA'Semester2008ΒΥ KonsTanTinos PouRsaniDis|GENERALMANAGER

PercentageIncrease/DecreaseofDomesticMarketSalesA'Semester2008vsA'Semester2007PRODUCT TOTALCOMPANIES AEGEANSUPERL.R.P. -22.44%

TOTALGASOLINE -1.59%

-16.79%

TOTALGASOLINE 8.35%UNLEADEDPETROLU95 0.49% 10.68%

UNLEADEDPETROLU100 -0.47% 9.27%

DIESELENGINE 9.61%TOTALFUE -0.87%

10.61%TOTALFUEL 0.95%

DIESELHEATING -5.51% -5.50%

TOTALFUEL -0.06% 3.97%

TABLE IΙ SOURCE: MINISTRY OF DEVELOPMENT

0

5

10

15

20

SHEL

L

BP

EKO

AEG

EAN

AV

IN

JET

OIL

ELIN

REV

OIL

ETEK

A

SILK

OIL

EL P

ETR

OL

CYCL

ON

KA

OIL

DR

ACO

IL

SUN

OIL

KM

OIL

GA

LLO

N

MED

OIL

BIT

OU

MIN

A

AR

GO

16.6 16.6

15.7

9.1

7.0

5.95.3 5.2 4.9

3.12.5 2.4

1.4 1.30.9 0.9

0.5 0.4 0.3 0.1

%

GasolineMarketSharesA'Semester2008

TABLE I SOURCE: MINISTRY OF DEVELOPMENT

aUtUmn 2008 AEGEAN NEWS 21

l U B r i C A n t S

ALFAMarineLubricantsBΥ Paul ioanniDis |MARINELUBRICANTSMANAGER

AsweannouncedinapreviousissueofAegean News,ourcompany,withtheacquisitionofthestateof

theartTexacoblendingplantinAspropyrgos,inauguratedanewlineofmarinelubricants,characterizedby

thelatesttechnology,whichittradesinGreece,Singapore,Malaysia,Jamaica,SriLanka,NorthernEurope,

Gibraltar,andverysooninthePersianGulf,intheGulfofMexico,inPanama,inChinaandinSouthAfrica.

22 AEGEAN NEWS aUtUmn 2008

It is a fact that the efficient lubrica-tion of a ship is a very complex and demanding procedure. The

ship is a floating plant with hundreds of pieces of equipment and machin-ery that require advanced technical knowledge and experience for their operation and maintenance, as well as for their proper lubrication.

At Aegean, we consider lubricants a factor of grave importance for the en-gine’s proper function, maintenance, and cost saving. Lubricants are the “blood of the engine” as experienced engineers say, and as a result the correct lubricant choice is of the utmost importance.

It is also important to point out that Aegean’s ALFA marine lubricants are certified by the biggest manu-facturers of marine engines, (MAN, WARTSILA) and by the world famous INTERTEK (Caleb- Brett).

Following continuous laboratory analyses and exhaustive tests on board the ship by engine manufacturers, Ae-gean acquired these important certifi-cations in order to be the shipowner’s top choice.

Therefore, through its extensive experience in sales, in production and in dealing with technical lubrica-tion problems, our company believes

that there exists the need for con-tinuous technical updating which, moreover, must focus on the essence of problems and on the constant developments in marine lubricants, without demanding another theoreti-cal bibliographic approach, providing solutions and answers directly to the people of this market.

The international developments in the use of low sulphur fuels, and consequently different lubricants, the mixing capacity of products by dif-ferent suppliers, the use of synthetic lubricants instead of simple mineral oils, the dealing with the mixing of different types of lubricants, the pos-sibility of using one of the lubricants available in the ship in the case of emergency when the suitable product is not available, and developments in basic oils and in chemical additives are a few of the problems lubricants managers in shipping companies of-ten have to deal with.

In light of these issues, our com-pany will inform the market on a regular basis, through Aegean News magazine, on technical issues such as these. Furthermore, we will be at the disposal of all the people in the shipping community (shipowners, technical managers, chief engineers, supply managers) whether they are our clients or not, on any question of technical nature they may have, which they may submit, as of now. To the following electronic address: [email protected]

l U B r i C A n t S

Lubricants are the “blood of the engine,” as experienced engineers say, and as a result the correct lubricant choice is of the utmost importance

aUtUmn 2008 AEGEAN NEWS 2�

Aegean offers its clients a complete chemical analysis service on used lubricants through its fully equipped and manned laboratory at the Aspro-pyrgos plant.

Finally, at Aegean’s web site (www.ampni.com) you may find all techni-cal specifications, product correspon-dence, MSDS and the like of ALFA marine lubricants.

Below we present the use of differ-ent types of lubricants applicable for a ship’s main equipment. In general, a typical series of marine lubricants includes the following products:

❚ Cylinder oils❚ Crosshead diesel engine oils❚ Trunk piston engine oils❚ HSD engine oils ❚ Turbine oils❚ Hydraulic oils❚ Gear oils❚ Compressor oils ❚ Refrigerating oils

❚ LPG / LNG Compressor oils❚ Open gear ❚ Greases❚ Rust preventives❚ Coolants ❚ Synthetic lubricants ❚ Stern tube lubricants All the above are available in vari-

ous viscosity and alkalinity levels, and are employed depending on the use and the instructions of each manu-facturer.

The categorization of viscosity is done:

❚ per SAE for engine oils❚ (Cylinder oils, system lubricants,

generator lubricants, Trunk pis-ton engine oils)

❚ per ISO for secondary oils (Hydraulic oils, turbine oils, com-pressor oils, gear oils, coolants)

❚ per NLGI for greasesThe use of the various types of lu-

bricants is depicted below:

Following continuous laboratory analyses and exhaustive tests on board the ship, ALFA marine lubricants are the shipowners’ top choice

2� AEGEAN NEWS aUtUmn 2008

l U B r i C A n t S

1.AirCompressors

ALFACOMPACoilsMinerallubricantsforreciprocatingaircompressors

ALFAREFSoilsSyntheticlubricantsofalkylbenzene(AB)typeforaircompressorsandrefrigerationcompressorsthatuseR22,R114refgases.

ALFASYNTHDEoilsSyntheticlubricantsofdiester(DE)typeforturbocharger,reciprocatingandscrewaircompressors

2.Autopilot/Radar

HYDRALFAHVIoilsHighVIhydraulicoilsmeetingDIN51524–part3HVLPspecs

3.BowThrusters

HYDRALFAHVIoilsHighVIhydraulicoilsmeetingDIN51524–part3HVLPspecs

4.DeckCrane

HYDRALFAHVIoilsHighVIhydraulicoilsmeetingDIN51524–part3HVLPspecs

ALFAGREASELi2HighperformancemultipurposeEPLithiumgrease

5.DieselEngineGenerators

ALFAGENoilsPremiumqualitytrunkpistonoils(APICF)forenginesburningMDOorMGO

ALFAMARoilsPremiumqualityhighalkalinetrunkpistonoilsforenginesburningHFO/IFOBNavailable30,40,50

6.HatchCovers

HYDRALFAHVIoilsHighVIhydraulicoilsmeetingDIN51524–part3HVLPspecs

ALFAGREASELi2HighperformancemultipurposeEPLithiumgrease

AEGEANmarinelubricantsFullProductRange(ALFAseries)Applications

aUtUmn 2008 AEGEAN NEWS 2�

7.LifeBoatWinch

HYDRALFAHVIoilsHighVIhydraulicoilsmeetingDIN51524–part3HVLPspecs

ALFAGREASERGEPgreaseforopengears&wireropes

8.LifeBoatEngine

ALFADIESEL15W40/20W50Multigradedieselengineoilsforheavydutymodernengines.TheymeetAPICI4(15W40)/CH4andACEAE7(15W40)/E5specifications

ALFAGREASELi2HighperformancemultipurposeEPLithiumgrease

9.MainEngine

a.CrossheadDieselEngine

ALFACYLO570SupremequalitycylinderoilforthelubricationoflowspeedmarinedieselenginesburningHFO

ALFACYLO540LSHighperformancecylinderoilforthelubricationoflowspeedmarinedieselenginesburningLowSulphurFuel

ALFASYS305Alkalinesystemoilusedinthecirculationsystems’lubricationoflowspeedcrossheadmarinedieselengines

b.MediumSpeedTrunkPistonDieselEngine

ALFAMARoilsPremiumqualityhighalkalinetrunkpistonoilsforenginesburningHFO/IFOBNavailable30,40,50

ALFAGENoilsPremiumqualitytrunkpistonoils(APICF)forenginesburningMDOorMGO

10.MooringWinch

HYDRALFAHVIoilsHighVIhydraulicoilsmeetingDIN51524–part3HVLPspecs

ALFAGEARoilsE.P.minerallubeoilsforenclosedgearsoperatingathighthermalloadorspeed.(API51517part3CLP)

ALFAGREASERGEPgreaseforopengears&wireropes

11.PitchPropeller

ALFATURBOoilsMineraloilsforuseinmarineturbinesofalltypes(steam,hydraulic,gas)aswellasinreductiongears

12.Pumps

HYDRALFAHVIoilsHighVIhydraulicoilsmeetingDIN51524–part3HVLPspecs

ALFATURBOoilsMineraloilsforuseinmarineturbinesofalltypes(steam,hydraulic,gas)aswellasinreductiongears

13.Purifiers

ALFAGEARoilsE.P.minerallubeoilsforenclosedgearsoperatingathighthermalloadorspeed.(API51517part3CLP)

ALFASYNTHGEAR220HighperformancesyntheticgearoilofPolyalfaolefineType(PAO)

14.RefrigerationCompressors

ALFAREFoilsMinerallubricantsforrefrigerationcompressors

ALFAREFSoilsSyntheticlubricantsofalkylobenzene(AB)typeforaircompressorsandrefrigerationcompressorsthatuseR22,R114refgases

15.SteeringGear

ALFATURBOoilsMineraloilsforuseinmarineturbinesofalltypes(steam,hydraulic,gas)aswellasinreductiongears

HYDRALFAHVIoilsHighVIhydraulicoilsmeetingDIN51524–part3HVLPspecs

ALFAGEARoilsE.P.minerallubeoilsforenclosedgearsoperatingathighthermalloadorspeed.(API51517part3CLP)

16.SternTube

ALFASYS305Alkalinesystemoilusedinthecirculationsystems’lubricationoflowspeedcrossheadmarinedieselengines

ALFAGEARoilsE.P.minerallubeoilsforenclosedgearsoperatingathighthermalloadorspeed.(API51517part3CLP)

17.TurboChargers

ALFATURBOoilsMineraloilsforuseinmarineturbinesofalltypes(steam,hydraulic,gas)aswellasinreductiongears

HYDRALFAHVIoilsHighVIhydraulicoilsmeetingDIN51524–part3HVLPspecs

ALFASYNTHDEoilsSyntheticlubricantsofdiester(DE)typeforturbocharger,reciprocatingandscrewaircompressors

ALFASYNTHPAOoilsSyntheticlubricantsofPolyalfaolefine(PAO)typeforturbochargersandrotaryaircompressors

18.Windlass

HYDRALFAHVIoilsHighVIhydraulicoilsmeetingDIN51524–part3HVLPspecs

ALFAGEARoilsE.P.minerallubeoilsforenclosedgearsoperatingathighthermalloadorspeed.(API51517part3CLP)

ALFAGREASERGEPgreaseforopengears&wireropes

2� AEGEAN NEWS aUtUmn 2008

Within this framework HEC renewed its cooperation with O.L. Piraeus (Piraeus

Port Authority and with O.L. Elefsis (Port Authority of Elefsis) with new contracts, which resulted following public tenders, where HEC was once again selected Contractor. Further-more, under the same procedures, HEC started a cooperation with the Port Authority of Heraklion, where it established all required installations with the required technical, admin-istrative and working personnel. To achieve the more effective protection of the marine environment, contem-porary international environmental

legislation, under the doctrine “the environment is not negotiable,” ob-ligates all ports (even marinas and fishing bays) to provide thorough and efficient Reception Facilities.

These strict demands resulted in more and more ports coming to us, as they all know our efficiency and quality of services and, as a result, our Compa-ny recently signed new contracts with:

❚FthiotidaPortFund

❚ChiosPortFund

❚KefaloniaPortFund

❚HydraPublicPortFund

❚KalymnosPublicPortFund

❚AgetHeraklis(MilakiAliveri)

❚ElefsinaShipyardsInstalltions

❚SoyaHellasInstallations(Chalkida)

❚ShellHellasInstallations(Amphilohia)

❚ShellHellasInstallations(Perama)

❚ShellHellasInstallations(Chania)

❚BPHellasInstallations(Aspropyrgos)

❚ BP Hellas Installations (Κalamata)

❚BPHellasInstallations(Linoperamata

Heraklion)

❚BPHellasInstallations(Igoumenitsa)

Furthermore, since HEC’s reputa-tion has by now traveled beyond Greek borders, major international ports re-quire its services, and with some of these ports HEC is in the final stage of signing relevant contracts.

helleniC environMentAl Center

TheEnvironmentisnotNegotiableBΥ PanayioTis sTaMaToyiannis |HEC

CompanytanktruckprovidesservicestothehistoricsailingvesselEscuelaEsmeralda,theprideoftheChileanNavy.TheEscuelaEsmeraldaisoneofthebiggestsailingvesselsintheworld,andrecentlysailedtotheportofPiraeusaspartofatrainingjourneyforChileanmidshipmen.

Focusedonitsbasicgoal,whichistheprotectionofthemarineenvironment,HECfurtherpursues

itsactivitieswithnewcooperationagreements.

aUtUmn 2008 AEGEAN NEWS 2�

e n v i r o n M e n t

Seeing that he managed to enjoy more

and more comforts, man lost the “measure”

of things, which ended in overproduction, over

consumption, the waste of energy, and the

mismanagement of natural resources, as if

each generation was the last one to inhabit

the earth.

Our planet has a changed face, tempera-

tures have risen, forests from trees have de-

creased and forests from skyscrapers have

increased. The rate of development is out of

control. It is not natural for a human being to

live on the 40th floor, to consume homes of

hundreds of square meters, to use two or more

cars, to build in forests. The ravaged planet, with

its destroyed forest, melting ice, ozone hole and

climate change, has started to react more and

more intensely and to sound the alarm.

These phenomena have awakened human-

ity and, even with a delay, people and govern-

ments have decided to react drastically.

People seem to have come out of the lethar-

gy they were in, either by need or by ignorance.

They started to review some wrong impressions

they had about the use of the environment and

realized that every generation is a user of the

environment and not an owner. They understood

that the environment is the most important heri-

tage passing from one generation to another.

That we must not only pass on to our children

and grandchildren a higher level of civilization,

but we must give up certain comforts in favor

of the generations to come. People decided to

get together under this cause and do something

about it. They started to rally in Rio de Janeiro,

in Kyoto, in Montreal and elsewhere, to legislate

passing stricter rules aiming at the protection

of the planet.

At a European level, Community Direc-

tive 2000/59/ΕU was issued, giving direc-

tions to all Community members regarding

the protection of the marine environment, di-

rections which our country adopted by LAW

3418/07/02.

With this legislation, which has a mainly

preventive character,

❚ Reception Facilities were required in the

ports of all Community Members

❚ A waste management plan was implemented

in each port, with high standard welcome

facilities, under the constant monitoring by

responsible authorities

❚ A fee was established on all arriving vessels

for the management of their waste

❚ Strict and regular inspections on ships has

begun

But compliance with these laws is based

mainly on the conscience of citizens. The intro-

duction of laws without the simultaneous de-

velopment of citizens’ environmental aware-

ness is not sufficient for the protection of the

environment. Individuals, groups, even whole

nations, violate the international laws for the

protection of the environment, placing their

personal, or national interests above the com-

mon interest of people, the interests of coming

generations, in one word, the interests of the

planet itself. They forget that technological

achievements have no value whatsoever if

people do not survive to enjoy them.

We Greeks must not forget that the sea is

a source of life for the whole world and es-

pecially for Greece. From our ancestors we

inherited a strong shipping sector, ranked first

in the world, and we must maintain this posi-

tion if we are to preserve our main national

resource, the Shipping Exchange.

Thousands of kilometers of coastline,

combined with the Mediterranean climate,

constitute a great privilege, attracting signifi-

cant tourism exchange, and at the same time

creating great responsibilities and multiple

obligations. It is a national duty for all Greeks

who make a living from our marine and coastal

wealth to keep our seas clean.

Nevertheless, satellite photos—the dis-

trict attorney of the environment!!!—show

that the Mediterranean is still being polluted

by illegal jettisons of oil products.

We acknowledge the significant steps that

have been taken for the protection of the en-

vironment, mainly where the State goes hand

in hand with private initiative. However, never

has what Hippocrates stated in 429 B.C. been

more timely: “Nature is the most dominant

ruler of all.”

PlanetEarthSOSBΥ PanayioTis sTaMaToyiannis |HEC

Rapidtechnologicaladvancement,mainlyduringthe20thcentury,hasledmantoafrenzied

rhythmofproductionandtheuseoftechnicaldevicesonaneverydaybasis.

I Protect the Environment-I Safeguard my FutureWe do not have to make great sacrifices in order to save our plan-et. All that we need to do, with care and love, is to change our everyday habits, at the same time passing on the message, with persistence and patience, to friends and relatives, to our neigh-bors and classmates.

I Fight Pollution, I Save Energy, I Protect Natural Resources

Children And the environMent

IBecomeInformed

☼ WetlandsA wetland is a region covered by water (stagnant or running, salty or

brackish water) permanently or occasionally. A wetland can also be a

region which is not covered by water, but whose substratum is wet for

large periods of time. Shallow lakes and rivers, lagoons, swamps, fens

and moist meadows are wetlands. In 1971, in the city of Ramsar in Iran,

158 countries signed the Ramsar Treaty for Wetlands, expressing their

commitment to protect wetlands, securing a healthy, clean environment

for future generationAs.

Wetlands are among the most valuable resources of our planet,

topped only by tropical forests in biodiversity and productivity. Plants,

invertebrates, and a large number of migrating birds and fish find refuge

in wetlands, with food and favorable conditions, to spend the winter,

and all these species form a complex food chain. In Greece, at least 138

bird species, some of them declared endangered species, depend to a

large extent on wetlands. Also, more than 110 fish species inhabit our

country’s lakes and rivers.

Furthermore, wetlands provide refuge to mammals such as otters

(Lutra lutra), and jackals (Canis aureus), while smaller wetlands provide

home to a large number of amphibians and reptiles. Some very common

species in Greek wetlands, such as the frog Rana ridibunda, the water

snake Natrix natrix, and the water turtles of the Emydidae family, are

in danger of extinction in Europe.

Bad management of wetlands has catastrophic consequences for

their survival and for the health of humans. Climatic changes caus-

ing extreme dryness in wetlands and the pollution caused by human

activities have resulted in the reduction of drinking water resources.

Many diseases, such as cholera and malaria, find a fertile ground for

development in badly managed wetlands. More than 3,000,000 lives

are lost every year because of these diseases. Let us all strive to keep

wetlands healthy!

IFightPollution

reduce re userecycle

Reduce- Reuseplastic bags

According to estimates, every year in the whole world more than

1 trillion plastic bags are distributed. Three out of four are distributed

in super markets.

Reduce their use or, if possible, stop using them all together. When

you go shopping, you can take bags with you from previous shopping

trips or even better, cloth or paper bags.

Recycle packing

There are recycle bins in most neighborhoods. Make the effort,

change your habits, and recycle the packing of products you have al-

ready used. Try to use products with packing that is friendly to the

environment. Glass, aluminum, and paper are the best materials for

recycling.

electric snd electronic equipment Did you know that European legislation obliges European

citizens to systematically collect every year at least 44,000

tones of electronic waste, which correspond to 4 kilograms per

citizen, to manage it and dispose of it in a way that will not harm

the environment?

So, do not throw in the garbage electric and electronic equipment,

because they contain dangerous substances. Just one battery with

cadmium can contaminate 600,000 liters of water. The best solution

for equipment that has completed its life cycle is to recycle. Also, it is

2� AEGEAN NEWS aUtUmn 2008

I Protect the Environment-I Safeguard my Future best to buy re-chargeable batteries. According to estimates, 180,000

tons of electric and electronic equipment are produced in Greece every

year. Unfortunately, according to data for the first 8 months of 2007,

only 16, 674 tons of this equipment have been recycled.

By recycling electronic equipment

☺ We avoid polluting air and water with dangerous substances

☺ We reduce the volume of waste sent to the Sanitary Waste Disposal

areas

☺ We contribute to the re-use of materials, for the production of

which, more work hours, energy and natural resources are spent

PaintyourLifeGreen!

☼ Plant a TreeTrees absorb carbon dioxide from the atmosphere and reuse it as a

source of energy, emitting oxygen. Just one tree, during the course of

its life, can reduce carbon dioxide emissions by 100-1,000 kilograms.

Plant a tree in your back yard, on the balcony, or in the sidewalk outside

your house, and adopt it for life.

☼ Decorate the Interior of your House with PlantsPlants, with their roots and leaves, absorb pollutants in interior areas

from the air and clean it. Research supports that cactus plants absorb,

to a large degree, the electronic waves of computers.

Discuss these ideas with your parents and put plants inside your

house. They will brighten up your lives and protect your health!

MAKE YOUR EFFORT A WAY OF LIFE, SO THAT THERE CAN BE LIFE!aUtUmn 2008 AEGEAN NEWS 2�

�0 AEGEAN NEWS aUtUmn 2008

M A r i t i M e t r A d i t i o n

Greeks were by far the biggest majority in the population of Byzantium, they retained

their influence on this eastern part of the Roman Empire and as a result were again able to expand and further develop their activities in shipping, and to once again create a long history of maritime tradition.

In examining this tradition we are able to discover that is was the policies in shipping adopted during Byzantium that greatly assisted in the success of the Greek merchant marine fleet through-out the centuries that followed.

Emperor Nikiforos, in 803 A.D., founded the first marine bank in history. The bank would loan money to captains and shipowners for the building of ships and charge 17 percent interest.

There was a Ministry of Mercantile Marine, which exercised the necessary control over the merchant marine in-dustry, and which would measure ships, establish ownership, register the vessels, and maintain a register of accredited captains.

Also in the Byzantine era, “policy makers” established mutual insurance, in other words the P & I Clubs, laws concerning insurance claims, maritime loans, the responsibilities of the ship-owner, and regulations governing the relationship between the owner and his crew. But as history repeats itself, there came a time, from about the 8th Centu-ry A.D., that the decline of the Byzantine Empire began, first by allotting respon-

sibilities for sea trade in the Mediter-ranean to Italian cities including Amalfi, Genoa, and Venice, and also because the Arabs were becoming stronger.

From the 13th century, Byzantium lost substantial power and influence to the Italian cities and Greek mer-chant marine reached a low point in its history, although Greek seamen continued to play an important role by serving on foreign ships.

On the eve of the Ottoman conquest, conditions in Byzantium would lead one to assume that Greek maritime ac-tivity was insignificant. Long before the Fall of Constantinople, the Byzantine Emperors became puppets in the hands of the Italian commercial republics, no-tably Genoa and Venice. With the Em-pire's trade completely ruined, we can hardly speak of a maritime economy. Whatever maritime activity was still in Greek hands was of a local nature and economically inconsequential, as both external and regional coastal trade was now in the hands of the Italians.

Because of this downfall of the

Byzantine economy, the Venetians and the Turks were the beneficiaries of the skills of the Greek craftsmen and seamen of the coastal regions of the Aegean and the Black Sea. Having lost its economic vitality, Constan-tinople was unable to continue her naval tradition; commerce, shipbuild-ing and specialization in navigation had now passed to foreign hands. In the islands, however, under Venetian, Genoese, and even Turkish domina-tion or occupation, shipbuilding con-tinued. The Greek islanders ranked among the finest galley builders in the first half of the 15th century.

The Greek merchant marine re-mained almost insignificant until the 18th century, from which time it started to diversify and expand its activities. This was the direct outcome of the emergence of a powerful Christian merchant class that was able to capture, not only the local and the regional trade, but also that of the Eastern Medi-terranean, South Russia, and part of Central Europe.

Constantinople,thecapitalofByzantium(330A.D),wasaveryoldcommercialharborand

eventuallybecametheheartofByzantineseatrade.

GreekSeamanshipintheByzantinePeriod

DromonByzantinecargoship

aUtUmn 2008 AEGEAN NEWS �1

Aegeanisproudofthecontemporaryimageofitspetrol

stations.Stationpersonnelenhancethe“AegeanLook”

throughclothingandproductsthatreflecta

commitmenttoqualityandcustomerservice.

Productsthatsay

“We‘redifferent”

t h e A e g e A n i M A g e

�1aUtUmn 2008 AEGEAN NEWS

�2 AEGEAN NEWS aUtUmn 2008

Aegean’s websiteswww.aegeanoil.grwww.ampni.com

Aegean Energy for the FutureAegeanisGreece'smostdynamicenergy,petroleum,andshippinggroup.Thecompanyhasanet-workofretailgasstationsthroughoutGreece,isactiveinmarinefuelsandlubricants,andoperatesafleetoftankersandbargesinternationallyanddomesticallytotransportpetroleumandbunkersforitsglobalbaseofclients.

RETAILMARKETThroughitsfast-growingnetworkofgasstations,AegeansuppliesdriversinGreecewithgasolineand automotive lubricants. Aegean’s modern, well-maintained gas station network has won thetrustofdriversduetothehighqualityproductsandservicesitoffersatcompetitiveprices.Inaddi-tion,Aegeandirectlysupplieslargeindustrialclientswithpetroleumproductsofallgrades,owingtotheconsistencyandserviceofitstransactions.

BUNKERFLEETNYSE listed Aegean Marine Petroleum Inc., with an exclusivelydouble hull fleet—of which nine ships are newbuildings—is thenatural supplier of marine fuels at 12 of the most significantports in theworld.Furthermore,with its22newbuildingspro-gram in progress and the continuous opening of new stations,it is one of the most dynamically developing divisions Of theAegeanGroup.

BUNKERINGAegeanprovidesoneofthemostefficientandresponsivebunkeringservicestoclientsworldwide.Itsshipsneverstopsailinganditsservicesareavailable24hoursaday,365daysayear.Aegean operates bunkering stations in Piraeus, and in Gibraltar, Singa-pore,Jamaica,theUnitedArabEmirates,Antwerp,PortlandUK,Temain Ghana, Montreal and Vancouver. All its products are ISO 8217certified.TheCompany,whichisamemberofIBIAandisISO9001certified,iswellpositionedontheFOBASWhiteList.

SHIPPINGAegean's fleet of ships is at the heart of its superior serviceworldwide. Its vessels operate in full compliance with EU andinternational standards, are all certified with the code of safemanagementISMandSOLASandareincompletecompliancewithMARPOLregulations.Aegeancontinuallyaddstoitsfleetofships,whichincludeslargeves-selsaswellassmallercapacityvessels.Itsfleettransportsoilcargoesworldwideonbehalfofmajoroilcompanies,commercialclients,andAegeancustomers.

LUBRICANTSAegeanproducesandmarketshighperformancelubricantsforvehiclesandindustrialuseundertheAegeanbrandand,forthemarinemarket,undertheALFAbrand.ALFAmarinelubricantsarecertifiedandapprovedbythelargestmarineenginemanufacturersintheworld.Theresourcesofourcompanyandourfollow–upservicecreateoursuccessfulrelationshipsandallowAegeantosupplylubricantsin500portsworldwide.