Greek fuel logistics company Aegean Marine Petroleum Network has launched physical supply operations in Panama.
The company has a twenty-year concession awarded by the Panamanian Maritime Authority (PMA) to operate onshore storage facilities in the ports of Cristobal and Balboa in Panama. According to the company both ports total approximately 14,000 transits per year, and generate approximately 3 million tonnes of annual marine fuel sales volumes on a combined basis.
Aegean Marine Petroleum Network supplies refined marine fuel and lubricants to ships in port and at sea. The company procures product from various sources (such as refineries, oil producers, and traders) and resells it to customers across all major commercial shipping sectors and leading cruise lines. Including Panama, the company now serves 19 markets covering more than fifty ports worldwide.
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