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Aegean Marine (ANW) Acquires 2001-Built 2,315 mt Double-Hull Barge

June 1, 2009 4:34 PM EDT
ANW Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

Dividend Yield: 0.6%
Aegean Marine Petroleum Network Inc. (NYSE: ANW) announced that, through a Company affiliate, it has taken delivery of the ITB Provider, a 2001-built 2,315 mt double-hull barge to be renamed PT 22, from an unrelated third party. The barge, which was previously chartered to a Canadian-based subsidiary of Exxon Mobil, is expected to be deployed to Aegean's Vancouver market.

Aegean Marine Petroleum Network Inc. is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea.[SM]

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