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Aegean Marine Petroleum Network Inc completes acquisition of hess corporation's U.S. east coast bunkering business


Thursday, 19 Dec 2013 09:15am EST 

Aegean Marine Petroleum Network Inc:Says the completion of the previously announced acquisition of the U.S. East Coast bunkering business of Hess Corp.Says the transaction is valued at $30 million plus the value of the purchased inventory and also includes approximately 250,000 cubic meters of leased tank storage.Says Aegean expects to utilize these bunkering operations and associated assets to supply the heavily trafficked ports of New York, Philadelphia, Baltimore, Norfolk. 

Company Quote

82.35
0.13 +0.16%
4:05pm EDT