Aegean News · Aegean News ΑΝΟΙΞΗ 2011 ... to fellow human beings in need. We ... argyri, athena Bisylla, Zoe danousi, despina dimaki, Elisavet

Η Aegean στον Πειραιά Νέα Κεντρικά Γραφεία

στην Καρδιά του Λιμανιού

Συνέντευξη Γιώργος

ΑνωμερίτηςΠρόεδρος &

Δ. Σύμβουλος ΟΛΠ

Λιανική Πώληση Πιστοποίηση

Χημείου Kατά ISO:9001

Πολιτιστική Ακτή Πειραιά

Περιβάλλον και Παιδιά

ΑκόμηΤάσεις & ΕξελίξειςΝαυτική Παράδοση

Aegean NewsΑΝΟΙΞΗ 2011

ΤΟ ΤΡΙΜΗΝΙΑΙΟ ΠΕΡΙΟΔΙΚΟ ΤΗΣ AEGEAN

Aegean in Panama

Two Oceans, Endless Opportunity

Aegean Celebrates New Headquarters

in Piraeus

Aegean Marine Petroleum

Supply Operations in Tenerife

Aegean Power Participates in Economist

Event

PlusFlows & Currents

Maritime Tradition

Aegean NewsSummer 2011

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

SUMMER 2011 AEGEAN NEWS �

In football, the most successful players do not move to where the ball is, they move to where the ball will be. In business, as in football, anticipating where you should be in the future is a result of accumulated experi-ence, intuitive insight, out-of-the-box thinking, and an inner compass that points to correct positioning.

Since its IPO in 2006, when it had a presence in five service centers, Aegean Marine Petroleum (NYSE: ANW) has positioned itself in 19 countries worldwide, serving 50 ports. Such growth has made Aegean a leader in the international bunker industry. In parallel, its newbuilding program ensures a modern, highly efficient fleet of vessels that serve all clients with speed, safety, and security. Key to its growth model has been the astute anticipation of new market opportunities.

Panama, the newest market for Aegean, represents a location that is set to be truly transformative within a few years. As the Panama Canal undergoes a major expansion project that will double its capacity by 2014, and which will al-low more and larger ships to transit, Aegean is positioned to reap major benefits through its 20-year concession to supply bunkers at both the Atlantic and Pacific ports of the canal.

Already one of the world’s most important passages for seagoing vessels, the Panama Canal will retain its global importance for decades to come with this new 20-billion dollar project that is creating more than 30,000 construction jobs. At the same time, Aegean locks in one of its most important contracts in the world, securing long-term benefits for shareholders, staff, and business partners.

More locations are in the pipeline for Aegean. With its extended success in anticipating growth areas, Aegean Marine Petroleum is set to increase its market share and continue to be a global market leader.

editorial

RayMond MatERaPublisher

RetailàAEGEANOILhasestablishedagassta-

tionnetwork throughoutGreece,and is

one of the fastest growing companies

intheretailmarket.AEGEAN’Sgasoline

marketshareinGreeceis10%.

ShippingàAEGEANSHIPPINGmanagesafleetof

tankers,rangingfrom3,500DWTto

100,000DWT,thattransfersanddelivers

oiltoourclientsthroughouttheworld.All

shipsmeetISMstandards.

BunkeringàInPiraeus,NewYork,Antwerp,Cyprus,

Fujairah,Khor-Fakkan,Gibraltar,Jamai-

ca,Mexico,Miami,Montreal,Portland-UK,

Singapore,Tangiers-Morocco,Trinidad&

Tobago,Vancouver,WestAfrica-Ghana,

LasPalmasdeGranCanaria,AEGEANMA-

RINEPETROLEUMisaleaderinproviding

thebestbunkeringservicesavailable.AE-

GEANMARINEPETROLEUMisthemarket

leaderinbunkering.

Agency Servicesà ShipsfromaroundtheworldrelyonAEGE-

ANAGENCYservicesatPiraeus,Gibraltar,

andJamaica,fromloadinganddischarg-

ing,tosparepartsandsupplies.

Lubricantsà AEGEANOILproducesandmarketshigh

performancelubricantsforvehiclesand

industrialuse,undertheAEGEANbrand

andAEGEANMARINEPETROLEUMtrades

andsupplieslubricantsforthemarine

marketundertheALFAbrand.

AegeanCore activities


4 AegeAnUpdAte

7 newAegeAnHeAdqUArtersAegeanCelebratesitsNewHeadquarters

10 Flows&CUrrentsTrendsandNewsintheOilandEnergyFields

12 BUnkeringGibraltar:AegeaninOneoftheLargestBunkeringPortsintheMediterranean

13 AegeAnMArinepetroleUMM/T SarainTwoEMSAExercises

14 AegeAnMArinepetroleUMΙnauguration of the New Barge MontanainAntwerp

16 AegeAnMArinepetroleUMAegeanExpandsitsActivitiesInPanama

20 AegeAnMArinepetroleUMSupplyOperationsinTenerife

22 AegeAnMArinepetroleUMBunkerworldConference

23 AegeAnpowerAegeanPowerSupportsEconomistEvent

24 stAtionsoFtHeMontHPetrosNoulis—7thKilometerPromahona-KilkisNationalRoadGeorgeDroudakis—Armenoi,Rethymnon,Crete

26 MAritiMetrAditionThePortofPatras

27 HistoryoFAUtoMoBileAutoRacing—TheBeginning

28 CHildrenAndtHeenvironMent

30 trAvelwitHAegeAnAVisittoEpidaurus

31 AegeAniMAgeProductsThatSay“We’reDifferent”

7 AegeanwelcomedfriendsandassociatesatareceptiontocelebrateitsnewglobalheadquartersintheheartofPiraeus

16 AegeanMarinePetroleumNetworkobtainedthepermittooperateonshorestoragefacilitiesinPanama

14 Theofficialinaugurationceremonyofthenew,ultramodernestuarybargeMontanatookplaceinthePortofAntwerp

AEGEANMARINEPETROLEUM

contents

Summer 2011Aegean Newsis published quarterly by aEGEan

Publisher & Managing editor Raymond Matera

design Snack

Printing and binding Korifi Publications Sa

owner aegean 10 akti Konydli 185 45, Piraeus, Greece tel: +30 210 458 6000 Fax: +30 210 458 6241 E-Mail: [email protected] Websites: www.aegeanoil.gr, www.ampni.com

Commentsandsuggestionsarewelcome.

Aegean News isfreeofchargeandisavailable,subjecttoavailability,toanyinterestedpersonororganization.

CodE: 5169

pleaserecycle

� AEGEAN NEWS SUMMER 2011

New Stations in Aegean’s Retail NetworkTheAegeannetworkisgrowingthroughoutthecountry.Listedbeloware thestationsthat have started displaying the AegeanLogoduringthepastthreemonths.

��7 El.VENIZELOU-ALEXANDRIA IMATHIAS MatZIaRIS, nIKoLaoS

PONTOHERAKLIA- KILKIS MIHaILIdoU, EKatERInI

ΚΑΕ ΕUZONON-KILKIS Κ.Α.Ε. SA

AGIOS VASILIOS KORONIAS-LAGADAS THESSALONIKI GoLFoS aR., VaSILIoS

KOUTSELIO-IOANNINA BaRatSaS, nIKoLaoS

G. THEOTOKI & Ε. TRIANDAFYLLIDI-RHODES BILLIS a., IoannIS

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

Aegean Reproduces a Legendary Car Mr.GeorgeMelissanidisandMr.MenelaosXyderis,AegeanShippingManagementTechnical

Manager,cameupwiththenovelideatocreatesomethinguniqueandwentaheadwiththe

reproductionoftheCobraMK4RoadsteroftheFactoryFiveRacingcompany.

Themostmodernmaterialsandracingequipment,FordRacing(CustomBuilt)V8[427in3

Displacement,540hpHorsepower,545ft/lbsTorque]engine,wereimportedfromtheU.S.

TheAegeanteam,withzealandgreatenthusiasm, left theirpersonalstamponthishand-

madecreationandmanagedtoreproducethelegendarycarofthe1960s,maintainingits

charmbutatthesametimeimprovingperformanceandreliabilitywithanendresultthatfar

exceededallexpectations.

G.Melissanidis(right),M.Xyderis

Logging OnCustomersandassociatesofAegean

mayvisitthecompany’swebsite,www.

aegeanoil.gr,tolearnaboutthecom-

pany’sactivities.Bunkeringcustomers

mayregisteronlinetoconductbusiness

andmaintaincontactwiththebunker-

ingdepartmentatwww.ampni.com.



On Friday May 20, 2011, the Annual Oil Spill Drill took place at Tangier Med Port with the participation of the Master and crew of M/t Nisyros and the local Port Authorities. During the sixteen minutes of the drill the duties undertaken by our crew consisted on reporting the oil spill and activating the

Emergency Stop, raising the alarm, fol-lowed by the Master informing the rel-evant Port Authorities and an sending initial report as per SOPEP (Shipboard Oil Pollution Emergency Program) procedures. After gathering the crew members at the Master's station, who were separated into four teams, each

was assigned a series of duties in order to act fast and efficiently. All partici-pants were placed strategically at their points, being the aft boom, rescue boat, incident point and forward boom. Af-ter a job well done, a standard meeting with the Port Authorities took place, thus completing the drill successfully.

Aegean In Antwerp Annual Soccer Tournament

OnSaturday,May7,ourAntwerp-basedofficeparticipatedintheannualsoccertournament

organizedbytheZeebruggePortAuthority.Themoraleandatmospherewereexcellentona

fantasticsunnyday,providingaperfectopportunityforoutdooractivityoutsideofthedaily

bunkeringchallenges.Thetournamentwasplayedbetweendifferentportoperatorsandus-

ers,varyingfromtheBelgianRoyalNavy,suppliers,stevedores,shippingagentsandothers.

Mostnoticeable,andencouraging,duringthetournamentwastheteambuildingandspiritof

sportsmanship.TheAegeanDreamTeamgavetheirbest,andAegeanhasalreadycommited

toberepresentedatnextyear’sedition.

Aegean Blood Bank On June 22, 2011, a mobile blood do-nation unit of the Hellenic Red Cross called on Aegean’s Aspropyrgos Installa-tion, so that we could reinforce Aegean’s Blood Bank. Our colleagues responded once again to this call and dedicated a few minutes of their time to offer blood to fellow human beings in need. We thank them for their sensitivity.Colleagues who donated blood: Chris-tos Vasilopoulos, Efstratios Kakalis, Fotis Kalamaras, Paraskevas Paraskevas, Kostas Floudopoulos, Panayiotis Misai-lidis, Dionysis Alexopoulos, Panayiotis Hatzidimitriou, George Gakis, George Papladakis, Miltiadis Eleftherakos, Kostas Papadakis, Theodoros Maindan-opoulos, and Kostas Glykos.

M/T Nisyros in Tangier Med Annual Oil Drill


New Aegean PersonnelThe following employees have joined theAegeanworkforce:

AEGEAN OIL Zervos, HaralambosKehayias, GrigorisMitroulis, nikosStavrakopoulou, Marika

AEGEAN MARINE PETROLEUMathanasiou, agapiathanasiou, anastasiaBovan Vedran-LabrosEvgenikos, PavlosKabayianni, EleniKatayiannis, dimitriosPapalas, Isidoros

AEGEAN REAL ESTATEGotsi, Klodi

AEGEAN BUNKERING SERVICESalbertos, Evaggelosanastasiou, yiannis Kiminos, KonstantinosKondoyiorgis, GeorgeKymbouris, Vasilis

AEGEAN POWERagorakis, Konstantinosalfieri, Ioanna-annaargyri, athenaBisylla, Zoedanousi, despinadimaki, Elisavet dimopoulou, SofiaGiotas, StylianosGiougli, PanayiotaHatzovoulos, dimitrisHatzifoti, IoannaHatziioannou, KonstantinosIordanoglou, MariaKorakaki, KyriakiKotani, MariaKoukli, ouraniaLyberi, Maria Madeli, VirginiaMaltezos, antonios Mela, EleniMytilineou, EkateriniPappas, GeorgePrindezi, anastasiaRigopoulos, MariaRogdaki, nataliaRomanosoglou, MarianthiSalani, EvaggeliaStavropoulou, IsmeneSkyloyiannis, dimitriostrikardou, Eleni tsioga, LabriniZygouri, Efrosyni

Pontian Monument UnveilingOn Sunday, May 29, 2011, at Eleusina, the unveiling ceremony of the Pontian genocide

monument that was erected on the initiative of the Pontian Association of Eleusina, took

place.OneofthemajorsponsorswasMr.DimitrisMelissanidis,respondingtoarequestfrom

theAssociation.

OnTuesday,June7,2011thePresidentoftheAssociation,Mrs.SofiaPantelidou-Kosmi-

douwithherhusbandandmembersoftheBoardoftheAssociation,visitedtheofficeofMr.

DimitrisMelissanidistothankhimforhisgreatcontributionandtopresenthimwithaspecial

honoraryplaqueinrecognitionofhisloveandsupportforthePontiansofEleusina.


Aegean Power Official Sponsor of the Athens Bar Association Soccer Team Aegean Power is the official sponsor of SOLON, the soccer team of the Athens Bar Association. The soccer team won the Commercial 2010-2011 Cup, after a victory over Loumidis’ Class 92,’ with a score of 1-0. The final game was held at Apostolos Nikolaidis stadium.Manolis Troulis, a key player in winning the Cup, said: "Feelings are intense when we have won such a great trophy and I want to first dedicate it to my teammate Dimitris Alexandris, who faced difficulties with an injury. I also dedicate it to our sponsor, Aegean Power, and our coach, Ilias Triantafyllou. The ultimate goal of the season is to win the National Championship of the Bar Association. In two weeks, in the final phase to take place in Ioannina, we are called upon to prove that we are justly among the favorites to win the national championship. "The cooperation of Aegean Power with SOLON team confirms the active con-tribution of the company in Greek sports with the aim of enhancing the spirit of participation and competition.

SUMMER 2011 AEGEAN NEWS 7

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1DimitrisRizos,KostasLaliotis,AlexandrosHardavelas,KostasHardavelas,MakisSeriatos2DimitrisMelissanidis,GeorgeMelissanidis3VasilisMihaloliakos,AlexandrosLykourezos,X.Konstantinidis4Aegean’sboutique5KtisonKoukoulas,YiannisS.Vradinoyiannis,TheodorosVardas6ParisDragnis,NikosMoundreas

On June 30, Aegean hosted friends and associates from the shipping and business communities for an evening reception at the new Aegean Headquarters in the heart of the Port of Piraeus. The moonlit soiree on the top floor terrace celebrated the move of Aegean personnel to their new global headquarters. Amid a floating champagne bar, a wide selection of fusion hors d'oeuvres, and the live sounds of α jazz orchestra, Aegean founder Dimitris Melissanidis greeted guests, who mixed and mingled high above Piraeus, against the background of the glimmering lights of the harbor and its ships.

new AegeAn HeAdqUArters

AegeanCelebratesitsnewHeadquarters

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new AegeAn HeAdqUArters

7


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16 17 18

19 20 21

7ViktorTheofilopoulos,GeorgeSkrekis,ThanasisYiannakopoulosanddaughter,ParisDragnis

8NikosMamidakis,YiannisKoustas,DimitrisMelissanidis,GeorgeFeidakis,IreneDaifa,SpyrosFokas

9ApostolosRizakos,KyriakosMaragoudakis,ChristosHarisis10MaraYiogaki,SpyrosFokas,SoniaMilioni,Konstantina

Dimitrakopoulou11GeorgeMelissanidis,KostasLaliotis,ChristosDeyiannis12DimitrisMelissanidis,GeorgeDalakouras13MelinaTravlou,StavrosSoumakis14YiannisPsyhogios,YiannisS.Vardinoyiannis,D.Melissanidis,George

Vasilokonstandakis,PavlosSioufas15Dimitris,JennyandGeorgeMelissanidis16Guestsandfriends17NikosMoundreas,DimitrisMelissanidis,GeorgeSkrekis18EliasPapageorgiou,GeorgeBairaktaris19VillyPanayiotidis,DimitrisMelissanidis20GeorgeDermatis,ChristosDeyiannis21SpyrosFokas,FotosBratimos,GeorgeLaios,PavlosVitos15

�0 AEGEAN NEWS SUMMER 2011

Beavers Help Prevent Ecological Catastrophe BeaverscontributedtosavingaCana-

dianregionfromanecologicaldisas-

ter,thankstoadamtheyhadbuilt

inAlberta’sriver,wheretherewasa

spillof28,000barrelsofoil.

thespillbeganonApril28andwas

duetoaruptureinthepipelineof

plainsMidstreamCanadacompany,

whichpassesatadistanceof7kilome-

tersfromthevillageoflittleBuffalo.

Αn official of the local environmental

agencyreconfirmedthebeavers’con-

tributionstating,"thereisabeaver

damintheregionwhichinitiallyheld

backtheoil.”

Mostoftheoilspilledwasconfined

nearthefracture,butsomeofit

passedontothenearbywetlands.

F l o w s A n d C U r r e n t s

New Ship Design Reduces CO2 Emissions Drastically TheJapanesemanufacturer,MitsubishiHeavyIndustries(MHI),claimsthatitsnewcontainer

shipdesignachievesa35percentreductioninCO2emissions.Thenewdesignincludesadual

propulsionsystemandaproprietaryairlubricationsystemforthehullthatreducesfriction

asthevesselmovesthroughthewater.Anelectronically-controlleddieselengineandwaste-

heatrecoveryunitalsoaddgreaterfuelefficiency,whileascrubbingunitcleansemissionsof

sulphuroxide(SOx).

Thecombinedimpactofthesenewfeaturesleadstoa35%CO2emissionsreduction.

Oil and Natural Gas Deposits in Greece

It is estimated that the extraction of oil and natural gas in Greece would bring to the Greek state up to 15 billion Eu-ros over 15 years, according to Mr. John Maniatis (photo), Deputy Minister of Energy, speaking on the occasion of the commencement of the exploration pro-cess in the Ionian Sea and south of Crete. Among other things, Mr. Maniatis said that for the first time Greece appears on the international oil horizon, with a call for proposals for companies wanting to do seismic surveys and then sell the results of their investigations to oil companies.

At the same time he stated that there are strong indications that the country has significant reserves, noting that what matters in the first phase is for drilling to start and a tendering process to be established.

A Rich Subsoil in CyprusAccordingtostatementsbytheenergydirectoroftheMinistryofCommerce,Mr.

solonkassinisofCyprus,duringtheoffshoretechnologyConferenceinHouston,

texas,Cyprushasaveryrichsubsoil.

Mr.kasinisunderlinedthatintheCyprusregionthereareabout1.68millionbarrels

ofoiland122trillioncubicmetersofnaturalgas.Healsoexpressedthebeliefthat

thejointexplorationagreementofcommondepositswithisraelwillbecompleted.the

secondlicensingroundfortheremainingland,hesaid,isexpectedtobeannounced

bytheendoftheyear.

withthediscoveryofCypriotnaturalgasreserves,Cypruscouldbecomeacenterof

naturalgasintheregion,asitwillsurelyservetheneedsoftheisland,henoted.ini-

tialestimatesareforproductioninmid2014.

SUMMER 2011 AEGEAN NEWS ��

DEPA-Romgaz Collaboration

recentlydepA(greece’spublicgas

Corporation)signedamemorandumof

collaborationwiththeromaniangas

companyromgazinMedias,romania.

AsannouncedbydepA,thememo-

randumexpressesthedesireofboth

companiesforpartnershipsinthewider

regionofsoutheasteurope.Atthe

sametime,itpresentstheissuesto

beaddressedbybothpartiesinorder

toestablishthemasasubjectofjoint

activity.

thecollaborationbetweendepAand

romgazrelatestotheconstructionof

the"vertical"pipelinebetweengreece

andBulgaria,whichwillgivesofiaand

Bucharestaccesstothegasfromthe

Caspianregion,duetoarriveingreece

throughthesgreek-turkishpipeline.

Furthermore,negotiationsareunder-

waytobuildaliquefiednaturalgas

(lng)terminalinkavala,whichcould

feedintothe"vertical"line.

thememorandumwassignedbythe

ChairmanoftheBoardandCeoof

depA,Mr.Harissachinis,andromgaz

C.e.o.Mr.Marcelpiteiu.

F l o w s A n d C U r r e n t s

Congestion Problems in European Ports Europeanportsarefacingseriouscongestionissuesastheyhavenotexpandedfastenough

toaccommodateimportsofcontainervesselsfromAsia.Accordingtoindustryofficialsthe

onlysolutionistoupgradetheterminalcapacity.AccordingtodatafromCLECAT(aEuropean

associationfortransport, logistic,andcustomsservices)containershipping isprojectedto

rise7.8%annuallyfrom2005to2011,whiletheportcapacityofEuropeisanticipatedto

riseby4.2%.

Inthefirstquarterof2007,73%ofcontainervesselsgotlateentryinEuropeanportsdueto

dockingdelays,ariseof45%fromthesameperiodin2006,asperthedatafromDrewery

Consultants.JanWesterhoud,President,ECT,thechiefcontainerterminaloperatoratPortof

Rotterdam,saidthatthetradefromFarEastisflourishingandtherefore,themassivevolume

sometimes lead to delays. Growth in container volume at Rotterdam jacked up to nearly

9.78%intheinitialmonthsof2007,andtotackletherisingtradeflowfromAsia,Rotterdam

portisbuildingnewcontainerandbargeterminals.

Hamburgpostedacontainervolumegrowthofabout9.4%in2006.Theporthasplansto

injectaround3.56billionEurostoraiseitscontainercapacitytodoubleofitscurrentvalue

buttheprojectisexpectedtoreachcompletionin2015.


And, due to the growing demand in bunker supplies for vessels passing the straits, the Gibraltar Government has been considering the possibility of allowing bunkering activities to take place on the East side of the Rock, as well as on the Western anchor-age, which has been the only point available for bunkers for many years. The current space at Western Anchorage is deemed small and therefore restricts the amount of activity to a fraction of the demand.

The Port of Algeciras is targeting vessels which at present cannot be supplied on demand due to the lack of space and time in Gibraltar.

The latest reports are that the Government of Gibraltar has confirmed its intentions to allow the Eastern side to be used for refueling and therefore more vessels to be allowed to stop and get their supply when required, rather than have them choose one of the neighboring ports.

There are certain requirements that should be met in order to open the Eastern side and the Government announced that the process is at its final phase of completion. A new vessel traffic monitoring system was installed in order to keep close control of all the vessels. Trials have been carried out and will continue before operations start.

Aegean’s newbuilding vessel, M/T Kasos, arrived on her maiden voyage to Gibraltar on December 21, 2010 to become part of our fleet already working on the bay. She has a 6256 dead weight and since April 7 has been registered and is flying the Gibral-tar flag, as the remainder of our barges already trading in Gibraltar.

B U n k e r i n g

gibraltarAegeaninoneofthelargestBunkeringportsintheMediterraneanBYSPYROSMALTEZOS|STATIONMANAGERGIBRALTAR

Duetoitsstrategic

geographicalpositioningat

thesouthendoftheIberian

Peninsula,Gibraltarhas

becomeoneofthelargest

bunkeringportsinthe

Mediterranean.


AegeAn MArine petroleUM

Aegean’sM/tsaraintwoeMsAoilrecoverydrillsBυ Piet ViNk |SUPERINTENDENT,AEGEANBUNKERSATSEANV

AttheendofMayandinthemiddleofJune2011M/T SaraofAegeanBunkersatSeaNV

wasusedasOilRecoveryVesselbyEMSA.

The first request was for an international exercise orga-nized by the French authori-

ties named ORSEC POLMAR 2011. POLMAR (pollution maritime) is a French intervention plan that is triggered in the event of accidental marine pollution. It is used to co-ordinate and mobilize oil response material and people. On May 31, 2011 the French OnScene Commander, on-board the French oil recovery vessel Argonaute, asked M/T Sara to recover oil (simulated by popcorn) from the sea in between the port of Calais and Dunkerque by both her sweeping arms. The vessel made several simu-lated runs during the day with both sweeping arms deployed to the full satisfaction of the French command-ers. The exercise was coordinated on board by the undersigned Aegean Oil Spill Coordinator and an EMSA

observer. The exercise was observed by journalists from a helicopter and a French navy vessel.

The quarterly drill with M/T Sara as oil recovery vessel is to prove to EMSA that our personnel are fully capable to operate all provided equip-ment properly and efficiently and that everything is in a good working condition.

The second quarterly drill at Port-land was scheduled by EMSA for June 15, 2011 and was witnessed by Mr. Bernd Bluhm, Head of the EMSA Pol-lution Preparedness and Response Unit, and two EMSA representatives together with four journalists from France and the UK. In the morning a small introduction was given about the Portland station by Mr. Lawn. After the introduction, all boarded the vessel, where the journalists received a short safety introduction by the Safety Offi-

cer before proceeding to the drill site. The drill was performed successfully in a typical English weather setting, and with good performance by crew and equipment, again appreciated by both the EMSA observers and journalists. All equipment available was demon-strated and fully explained by the un-dersigned Oilspill Coordinator. The drill was conducted with the deploy-ment of 250 meters of oilboom with the help of Portland tug “Sandsfoot Castle,” after which a so-called Tarantula skim-mer was launched inside the boom-configuration. After the boom and skimmer were retrieved, both sweeping arms were deployed and demonstrated. At the end of the day the vessel returned to Portland PBI jetty. All attendees ex-pressed their gratitude to the Master and crew on the performance, han-dling, and knowledge of the oilspill equipment during the day.

�� AEGEAN NEWS SUMMER 2011


Ιnauguration of M/tMontanainAntwerpBυ ANdreAs AthANAsiAdis |MANAGERFOREUROPE

OnJune16,theofficialinaugurationceremonyofthenew,mostmodernbunkeringtankerin

Europe,M/T Montana,tookplaceinthePortofAntwerp.


More than 450 people attended the

ceremony. Representatives and

business people from the ship-

ping, energy, and banking sectors were

present, together with representatives of

state authorities, associates and friends.

Mrs.Ioanna Athanasiadou was named

“Godmother” of the vessek and had the hon-

or of breaking the champagne glass during

the ceremony, after wishing “good voyages”

in Flemish and Greek, to M/T Montana and

its crew.

Mr. Spyros Fokas, Member of the Board

and General Counsel of Aegean Marine Pe-

troleum Network, in his remarks thanked

everyone involved in the construction of

the new barge and particularly Mr. Roald

Verstraeten, who is considered a “Guru”

on Estuary Barges, and Teamco Shipyard.

Furthermore, he referred to the strong long-

term commitment of the company toward

the bunkering industry and its clients and

emphasized the remarkable growth and

expansion achieved by the company since

the time of the IPO— an achievement that

has not been matched by other independent

suppliers. Finally, he praised the smooth in-

tegration of Verbeke Bunkering into Aegean

and invited the guests to raise their glasses

to the smooth operations and to the health

of all who sail with M/T Montana.

Mr. Tony Vertommen, Managing Director

of Verbeke Bunkering NV, after also thank-

ing all involved, commented on the smooth

and successful integration of Verbeke by

Aegean one year ago. He thanked in par-

ticular the personnel of Verbeke for their

work and contribution.

Mr. Roald Verstraeten, in his remarks,

referred to the technical characteristics of

the new barge.

M/T Montana, constructed in Romania

but outfitted at Teamco Shipyard in Holland,

is a 4,560 dwt double hull, 121 meters in

length and with a 11.48 meter beam, has

a total of 12 dedicated tanks for delivery

of all grades of intermediate fuels (IFO)

and marine gas oil (MGO) and has the most

advanced navigation and safety systems

for the transportation and distribution of

Marine Fuels.

Being an estuary barge, it adds to the

existing fleet of the company, increasing the

available tonnage to more than 16,000 mts

in the port of Zeebrugge. It will also enhance

the operational flexibility of Verbeke Bun-

kering in the world’s second largest bunker-

ing market, resulting in better service for its

valuable clients.

The evening carried on until the early

hours of morning, with all guests communi-

cating with each other, enjoying the tasty

food, and listening to the sound of the “Mu-

sic on Wheels” orchestra.

1 AndreasAthanasiadis,DimitrisMelissanidis

2 SpyrosFokas3 TonyVertommen4 RoaldVerstraeten5 IoannaAthanasiadou,Andreas

Athanasiadis

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3

45



AegeanexpandsitsActivitiesinpanamaAegeanMarinePetroleumNetworkInc.(NYSE:ANW)hasbeenawarded

a20-yearconcessionbythePanamanianMaritimeAuthority(PMA)to

operateonshorestoragefacilitiesintheportsofCristobalandBalboain

Panamaonanexclusivebasis.

theCountrypanamaisthesouthernmostcountryofCentralAmerica.situatedontheisthmusconnectingnorthandsouthAmerica,itisborderedbyCostaricatothenorthwest,Colombiatothesoutheast,theCaribbeanseatothenorthandthepacificoceantothesouth.thecapitalispanamaCity.thecountryoccupiesanareaof78,200squarekilometersandhasapopulationof3,360,474,accordingto2009estimates.itsofficiallanguageisspanish.panamagaineditsindependencefromspaininnovember28,1821andfromColombiaonnovember3,1903.

SUMMER 2011 AEGEAN NEWS �7

T he company commenced physical supply operations in Panama at the begin-

ning of July. The port of Cristobal and the port of Balboa are strategi-cally positioned at each end of the Panama Canal, a critical conduit for international maritime trade that connects the Atlantic Ocean and Pacific Ocean. Both ports total ap-proximately 14,000 transits per year and generate approximately 3 million metric tons of annual marine fuel sales volumes on a combined basis. The concession with Aegean is part of the PMA's efforts to expand and modernize the ports' infrastructure and services, consistent with the current expansion of the Panama Canal. By 2014, the Panama Canal is expected to significantly increase its capacity, enabling larger ships to transit and providing greater efficien-cies in global commerce. The two onshore storage facilities in Panama currently total approximately 3 mil-lion barrels in capacity, with room for

expansion, to ensure ample supply of marine fuel. Aegean intends to pro-vide retail bunkering services to all major shipping sectors, particularly containerships, as well as leading cruise lines, in port and at sea, after receiving the necessary licenses by the local authorities.

By establishing a presence at both ends of the world's most famous canal, Aegean has significantly ex-panded its network for the global supply of marine fuel and strength-ened its future growth prospects. The growing Panama market combined with the sizeable onshore storage capacity in the ports of Cristobal and Balboa position Aegean well to con-tinue to meet the strong demand for its integrated services and profitably increase sales volumes. Consistent with its goal to further strengthen its geographical sales mix and drive fu-ture results, Aegean remains on track to enter at least one more start-up market with attractive growth poten-tial in 2011.

AgreekCaptainoftheFirstshipthatCrossedtheCanalCaptainnikitasMavrakis,borninkasosin1859,waschosenamongdozensofcandidatestobetheCaptainofthefirstshiptocrossthepanamaCanal,withtheAmericanvesselssAncon,onAugust15,1914,whentheAmericansheldtheinauguralceremony.Accordingtohistoricaldata,hewaschosennotonlybecauseofhisexpertiseasacaptain,butalsoduetohispersonality.theonlyobjectiononthepartoforganizerswasthatthenameoftheonlymanabletoundertakesuchaventureshouldnotmaketheassociationwithanothercountryandthisiswhytheychangedthenameofnikitasMavrakistoJohnConstantine.


theCanalEven from the time of the first trans-oceanic journeys,

seamen had realized the great service a canal connecting the two oceans could offer. The importance of the canal is huge as it shortens the distance between the Pacific and the Atlantic Oceans by 10,000 miles. The construction of the canal lasted 10 years and cost 400 million dollars. For years many had attempted to implement the project, but the anomalies of the ground, the tide and yellow fever made the construction very difficult, if not impossible. However,

in 1876 the French found La Société internationale du Ca-nal interocéanique, which authorized the French company "Lesseps," founded by Ferdinand Lesseps, to commence work. So, In 1881 this unsuccessful French effort began that ended in 1888 with the bankruptcy of the company. In 1904 the U.S. government bought from Panama and the company the rights over the canal, completed the con-struction and handed it over to the international shipping industry on August 15, 1914.


thenamethereareseveraltheoriesabouttheoriginofthename"pana-ma."somebelievethatthecountrywasnamedafteracommonlyfoundspeciesoftrees.othersbelievethatthefirstsettlersusedtheexpressionpanama,whichmeansmanybutterflies"inanin-digenouslanguage,todescribethepresenceofbutterfliesinthearea.themostwidespreadbeliefisthatasettlementwithfisher-menwiththeoriginalnamepanamaisresponsibleforthename.theofficialexplanationstatesthatthewordpanamameant,inlocaldialects,theabundanceoffish,treesandbutterfliesthatcharacterizedtheregion.


The Panama Maritime Authority, an autonomous entity of the Pana-manian Government, is responsible for approving, registering and au-thorizing regular and special flag-ging, either locally or by means of an authorized marine merchant consulate. It promotes domestic and foreign investment, and supports the development of a Multimodal Logis-tics Center with the operation of the Panama-Colon railroad, providing greater operational efficiency to the Colon Free Zone. During the last 10 years, the evolution of port activities has shown its highest level in growth and development in Panama. In 2008, the Panamanian port system moved 3,935,000 TEUs (container units of 20 feet in length), an increase of 15.1% over same period in 2007. The port of Balboa managed and operated by Panama Ports Company (PPC), moved 1.7 million TEUs, up

20.3%, while the port of Cristobal, which is also managed by the PPC, moved 185,240 containers, repre-senting a growth of 34.1%. Colon Container Terminal Port reported 515.199 containers, which represents a fall compared with the period from January to August 2007, when 635,474 TEUs were moved. The investment of US $1,600 million in the port expansion has doubled the income in the auxiliary maritime in-dustry, from US $74 million in 2002 to US $2,410 million in 2006.

The Panama Port System is made up of 18 ports, of which 11 are man-aged by the Panama Maritime Author-ity through the General Directorate of Ports and Auxiliary Maritime Indus-tries, mainly small ports that provide international transportation service. The remaining seven ports are man-aged and operated by private businesses that develop their activities under the

supervision of this general directorate.Panama is on its way to becoming

the container trans-shipping center of Latin America and the Carib-bean. Law 57, known as the Merchant Marine Shipping Act which came into effect on January 8, 2009, brought several benefits to the administration of the Panamanian Merchant Ma-rine Register. As of October 31, 2008 Panama flag registration topped the list with 8,159 vessels.

Panama has 144 routes in world trade. Port operators pay to the Na-tional Government nine dollars for movement of each TEU. Firms in this sector are gathered in the Maritime Chamber of Panama, that was estab-lished in 1979 and in its inception was formed only by shipping agents. Currently, this body is made up 87 companies, ranging from shipping lines, ports, cargo, fuel suppliers rep-resentatives and others.

shippingActivities

20 AEGEAN NEWS SUMMER 2011


supplyoperations

intenerifeAegeanMarinePetroleum

NetworkInc.(NYSE:ANW)

hasexpandeditsglobalnetwork

byestablishingphysicalsupply

operationsinTenerife,

locatedintheCanaryIslands

nearthenorthwestcoastof

mainlandAfrica.

T enerife serves as a key com-mercial hub, located along major trans-Atlantic sea-

borne trade routes, generating total annual marine fuel sales volumes of more than 1.5 million metric tons. Including Las Palmas, where the company commenced operations in August 2010, the ports in the Canary Islands where the company now oper-ates generate more than 3.5 million

metric tons in annual marine fuel sales volumes. Aegean will manage the operations in Tenerife from the company's existing service center in Las Palmas. Initially, Aegean intends to utilize the two existing double-hull bunkering tankers in Las Palmas to serve Tenerife.

Τhe Management of AMP com-mented, "We are pleased to solidify our strategic presence in the Canary

SUMMER 2011 AEGEAN NEWS 2�

tenerifetenerifeisthelargestandmostpopulousofthesevenCanaryislands,withalandareaof2,034.38km²)and906,854inhabitants,43%ofthetotalpopulationoftheCanaryislands,makingitthemostpopulatedislandofspain.Aboutfivemilliontouristsvisittenerifeeachyear,themostofanyottheCanaryislands.tenerifehostsoneoftheworld'slargestcarnivalsandtheCarnivalofsantaCruzdetenerifeisattemptingtobecomeaworldHeritagesite.tenerifeisservicedbytwoairports,tenerifenorthAirportandtenerifesouthAirport,andisthetourismandeconomiccentreofthearchipelago.santaCruzdetenerifeisthecapitaloftheislandandtheseatoftheislandcouncil.thecityiscapitaloftheautonomouscommunityofCanaryislands(sharedwithlaspalmas),sharinggovernmentalinstitutionssuchaspresidencyandministries.Betweenthe1833territorialdivisionofspainand1927santaCruzdetenerifewasthesolecapitaloftheCanaryislands,untilin1927adecreeorderedthatthecapitaloftheCanaryislandsbeshared,asitremainsatpresent.theislandishometotheUniversityoflalaguna,whichwasfoundedin1792andis the oldest university in the Canaries. San Cristόbal de La Laguna (World Heritage site)isthesecondlargestcityoftheislandandthethirdofthearchipelago.thecityoflalagunawascapitaloftheCanaryislandsuntilsantaCruzreplaceditin1833.

Islands, as planned, by establishing operations in Tenerife. This new mar-ket complements our presence in nearby Las Palmas, where we have experienced strong demand for our integrated services, and provides our customers with greater flexibility as we continue to expand our global reach. Including Tenerife and the two ports in Panama, Aegean will serve 19 markets covering more than 50 ports worldwide, compared with 5 service centers at the time of our IPO, posi-tioning the company well to strength-en its industry leadership and expand its future earnings potential."

22 AEGEAN NEWS SUMMER 2011

Due to the global recession in the shipping and bunker market, Bunkerworld seized

the opportunity to examine and pres-ent some attractive opportunities and how the market can change in the near future.

Bunker suppliers, service providers and ship operators discussed ideas and strategies to help cut costs, man-age risk and explored the dynamics of the regional bunker market and fac-tors that can affect its performance. A number of experts discussed develop-ments in the regional, Mediterranean and Black Sea bunker markets, the operational, technical and regula-tory changes and the advantages and

drawbacks these may bring.Mr Jean Jose Metey, Aegean Marine

Petroleum Corporate Development Director, presented the new bunker-ing facility in Tanger Med in North Morocco, pointing out and analyzing the potential of the port commercially and as a bunker hub in the Straits of Gibraltar.

“Tanger Med is situated in one the world’s busiest shipping crossroads. The Port, linked to the rest of Mo-rocco by new roads, highways and rail networks, will have a capacity of 8 million of containers when the second terminal is finalized in 2015. The Port has a new Oil Terminal with a bunkering facility of 220,000

m3 to store bunker products. Aegean Marine Petroleum can deliver bun-ker product in Port, at the Alcazar anchorage area, and at the Fnideq anchorage area (from July 2011). The Fnideq anchorage area is a ‘Waiting for Orders’ anchorage area. Aegean Marine Petroleum can supply bunkers at anchorage by barge. Fnideq is well sheltered from winds and will offer a fantastic alternative to other harbors,” Mr Metey said.

Many other presenters addressed issues that have concerned the indus-try. For instance, Bill Stamatopoulos, Regional Manager from DNVPS, talked about regulations in Bunkering Practice. Michael Sterghiou, Managing Director from Inspectorate Hellas SA, made a review of the new ISO 8217: 2010, after a few months of application.

Peter Hall, Chief Executive and Captain of the Port, from Gibraltar Port Authority, gave a picture of how the Port responds to current demand and if the bunker Industry is ready to meet the demands of the future. Many other notable speakers discussed cur-rent and future changes in the indus-try scene, asking if and how they are obligatory. Aegean, as always, remains in the spotlight of bunker events as a leading independent physical supplier of marine fuels.


BunkerworldConferenceΒυ efi kAlimeri |BUNKERTRADER

AegeanMarinePetroleumactivelyparticipatesinshippingandbunkerindustryevents.With

Aegean’spresenceattheBunkerworldConference2011inAthensMay4-6,2011,attendees

hadthechancetobeinformedaboutAegean’scontinuousexpandingglobalmovementsand

latestacquisitions.NotonlywasAegeantheGoldenSponsoroftheeventbuthadalsoan

impressive,well-visitedstand,staffedbyAegeanpersonnel.


A e g e A n p o w e r

Aegeanpowersupportseconomistevent

AegeanPowerparticipatedasasupporterinthe"15thRoundtablewiththeGreek

Government,"organizedbyEconomistandheldMay17-19attheGrandResort

LagonissiHotel.

By participating in the Econo-mist Conference, Aegean Power actively supports a prestigious

institution, which aims to analyze the current political and economic reality, and also to highlight proposals for the improvement of the Greek and Eu-ropean economies in all sectors. The contribution of energy in the shaping of development, and its role in shap-ing the competitiveness of enterprises at national level, is a strategic goal for the company.

The company had a strong pres-ence at the Conference, with a stand where it provided comprehensive in-formation on all its energy packages, both for businesses and households. Interested delegates had the oppor-tunity to learn about the individual product solution that fits their needs for electricity, ensuring, to their bene-fit, the quality and integrated services of Aegean Power.

On the occasion of the support and presence of the company at the Con-ference, the Managing Director of Aegean Power, Vassilis Milionis said: "Our presence at the Conference is a symbolic" investment” in the support of initiatives that promote dialogue between politicians and market repre-sentatives, aiming at national devel-opment. It is our strategic choice to help efforts aimed at enhancing entre-preneurship and the competitiveness of our country. We believe that the

role of energy is extremely important and within this framework we offer business and household customers complete and quality energy solu-tions, always at the most competitive prices and with personalized and effi-cient service."

"It is our strategic choice to help efforts aimed at enhancing entrepreneurship and the competitiveness of our country."—VASSILIS MILIONIS

1 AegeanPowerStand2 Mr.D.MelissanidiswithPrimeMinisterGeorge

Papandreou3 Mr.D.MelissanidiswithMainOppositionLeader

AntonisSamaras

1

2

3

2� AEGEAN NEWS SUMMER 2011

s t A t i o n s o F t H e M o n t H

AgoodCooperationpetrosnoulis—7thkilometer,promahona-kilkisnationalroad

This is more or less the case with Mr. Petros Noulis, who operates a gas station, body

shop and tire business at the 7th ki-lometer of the Promahona-Kilkis National Road, in Northern Greece. Brief, simple, and to the point, with-out extremes in one way or another.

Mr. Noulis has been in the fuel sec-tor for 18 years. He operates a family business with his wife and son and one employee.

Howdidyouget started in thisprofes-

sionMr.noulis?

This is the job I had when I was in Ger-many.

soyouhavecomeherefromgermany?

This is where I grew up. I went there with my family when I was 9 years old and came back to Greece when I was 33, fifteen years ago.

whenyoureturnedhereyoumusthave

gotteninvolvedwithsomethingelsebe-

foreyoucouldbuildupthisbusiness.

No. I had started organizing this business when I was still living in Germany. When I came to Greece ev-erything was ready and I started work immediately.

However, when you started you must

haveworkedwithanothercompanysince

Aegeanwasnotinthemarketatthetime.

was thereaproblemwithyourprevious

cooperationandyoudecidedtoseekan-

othercollaboration,andthusendupwith

Aegean?

Yes, I was working with another com-pany, but the charges were high and I wanted a different cooperation.

And how and when did you decide to

work with Aegean? you did some re-

search, heard from other colleagues,

someonefromAegeanapproachedyou?

It was totally coincidental. Mr. Chad-jipantelis happened to come by at the right time. We talked, I decided to go ahead and I have been with Aegean for the past two years.

during these two years have you faced

anyproblemsthatwerenotdealtwithas

expected?

No. I get in touch with Mr. Chadjipan-telis, whom I now include among my friends, and problems are resolved.

wouldyouliketoaddsomethingregard-

ing your course in this sector or your

cooperationwithAegean?

No. Nothing more, and nothing less.

withtwowordshowwouldyoudescribe

your experience working with Aegean

duringthesetwoyears?

A good cooperation.

Itisnotalwayseasytoemergewithatextafterspeakingtoagasstationowner,butwedo

notmindatall.Aegean’sgasstationsownersarepeoplewhoworkhard,thisiswhatthey

knowtodowell,andforsomeofthemwordsarenotnecessarytodescribeit.


Mr. Droudakis operates the station with his mother and has been in the fuel sector

since a very young age.

Howdidyougetinvolvedinthisbusiness

Mr.droudakis?

My father had this gas station, to-gether with my mother, and I was here since I was nine years old. You understand therefore that I grew up in this profession. When my father passed away it was the most natural thing for me to continue together with my mother.

whendidyourcooperationwithAegean

startandwhatledyouthere?

Our cooperation started in 2008. Until then I was working with a well-known fuel company and I was not happy. The reason? During all the years of that cooperation I felt that I was nothing more than a code. The only contact I had was always very specific, either with the area inspector or the employee who took orders. I would give my code number and that was it. Apart from that, no other contact.

AndhowdidyouendupwithAegean?

A colleague of mine told me about Aegean and I am grateful to him. The difference between this cooperation and the previous one is like “night and day” and everything that other station owners have said is true.

If I have to describe it with a few words—with Aegean I have direct contact. And to say this with more words I have relationships with every-one. I go to Athens and go to see Mr. Peramatzis, without an appointment or any other ‘official’ procedures. The door is always open.

wasthereanyskepticismfromcustom-

ersatthebeginningofyourcooperation

withAegean?

It is true that in the beginning people were surprised seeing a new brand. Over

the years, however, when they began to see the prices and quality at all levels, not only there was no hesitation at all, but instead our consumption doubled.

during the years you have been with

Aegeanyoumusthavebeenapproached

by other companies. Has there been a

proposal that has made you reconsider

yourpresentstatus?

I have been approached by other com-panies, but I am not interested.

For Aegean I am a human being, not a code number.

ThegasstationofMr.DroudakisissituatedinthevillageofArmenoi,ninekilometersfrom

Rethymnon,Crete,aregionthatowesitsnametotheArmeniansoldierswhofirstinhabited

itin961AD.

iAmnolongerJustaCodenumbergeorgedroudakis—Armenoi,rethymnon

During all the years of my previous cooperation I felt that I was nothing more than a code


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

After the establishment of Pa-tras, in the 11th century BC, the port of the city was orga-

nized in the eastern coastal region, a position closer to the sea in relation to its prehistoric site. The port remained in this location until the late 13th cen-tury when it moved to the north side of the city.

The development of the port from the 18th century until the first decades of the 19th century was determined by parameters of local and international

nature. Of great importance was its geographical location within a physi-cal space which, including the western and southeastern Peloponnese, Central Greece and the Ionian Islands, opened to the Ionian and Adriatic Sea.

During the Greek Revolution, Pa-tras has been described as the main commercial center of the Peloponnese and a transportation hub to Trieste, Ancona, Livorno, and Marseille. Therefore, in addition to being the most important port of the region it

became the most important urban center in western Greece.

In the mid-19th century, Patras was established as the main port for raisin exports and the main export and im-port center in the west.

However, the opening (1893) of the Isthmus of Corinth—which con-nected the Aegean to the Ionian Sea and reduced the distance between Patras and Piraeus, as it was no longer necessary to circumnavigate the Pelo-ponnese, —incurred a serious blow to the local trade..

The first years after the Second World War the port was in decline un-til the period, more than 30 years ago, when the link was established between Greece and Italy with ferry boats.

The role of the port has been up-graded significantly especially after the problems created by the land routes through the states of former Yugoslavia, and today it represents the country's main gateway to and from Western Europe.

The port of Patras has a passenger port, which transport almost half the country’s international traffic trans-ported by ships, and it also has a com-mercial port and a marina.

With the creation of the New South Harbor and other infrastructure in the region, the port of Patras is emerg-ing as a major hub of transport in the region of Southeast Europe.

patras—theportPatrasisthethirdlargestcityofGreece,capitaloftheAchaiaprefecture,andislocated215

kilometerswestofAthensonthenorthwestcoastofthePeloponnese.ThePorthasalways

playedanimportantroleintheeconomic,socialandpoliticallifeofthecity,andalsoof

WesternGreeceandGreeceingeneral.

With the creation of the New South Harbor and other infrastructure in the region, the Port of Patras is emerging as

a major hub of transport in the region of Southeast Europe

SUMMER 2011 AEGEAN NEWS 27

H i s t o r y o F A U t o M o B i l e

world'sFirstMotorbraceOn July 22, 1894, the Parisian magazine Le Petit Journal organized what is con-sidered to be the world's first car race from Paris to Rouen. Sporting events were a tried and tested form of pub-licity and circulation booster. Pierre Giffard, the paper's editor, promoted it as a Concours des Voitures sans Che-vaux (Competition for Horseless Car-riages) that were not dangerous, easy to drive, and cheap during the journey. Τhe main prize was for the first across the finish line in Rouen. 102 people paid the 10 franc entrance fee.

69 cars started the 50 kilometer se-lection event that would show which participants would be allowed to start the main event, the 127 kilometer race from Paris to Rouen. The participants ranged from serious manufacturers like Peugeot, Panhard or De Dion to amateur owners, and only 25 were

selected for the main race. The race started from Porte Maillot and went through the Bois de Boulogne. Count Jules-Albert de Dion was first into Rouen after 6 hours and 48 minutes at an average speed of 19 km/hour. He finished 3’30” ahead of Georges Le-maître (Peugeot), followed by Doriot (Peugeot) at 16’30”, René Panhard (Panhard) at 33’30’’ and Émile Levas-sor (Panhard) at 55’30”. The official

winners were Peugeot and Panhard, as cars were judged on their speed, handling and safety characteristics, and De Dion's steam car needed a stoker which was forbidden.

earlyracesIn 1895, the Paris-Bordeaux-Paris Tri-al was held and this was the first real race as all competitors started togeth-er. The winner was Émile Levassor in his Panhard-Levassor 1205cc model. He completed the course (1,178 km or 732 miles) in 48 hours and 47 min-utes, finishing nearly six hours before the runner-up.

The first regular auto racing venue was Nice, France, run in late March, 1897, as a "Speed Week." To fill out the schedule, most types of racing events were invented here, including the first hill climb (Nice – La Turbie).

The first auto race in the United States took place in Chicago, Illinois on November 28, 1895. The 54.36 mile (87.48 km) course ran from the south side of the city, north along the lakefront to Evanston, Illinois, and back again. Frank Duryea won the race in 10 hours and 23 minutes.

Autoracing—theBeginning

Racingbegansoonaftertheconstructionofthefirstsuccessfulgasoline-fueledautomobiles.

ThefirstraceeverorganizedwasonApril28,1887byMonsieurFossier,thechiefeditorof

ParispublicationLeVélocipède.Theraceran2kilometersfromNeuillyBridgetotheBoisde

Boulogne,andwaswonbyGeorgesBoutonoftheDeDion-Boutoncompany,inacarhehad

constructedwithAlbert,theComtedeDion,butashewastheonlycompetitortoshowupitis

ratherdifficulttocallitarace.

In ��, the Paris-Bordeaux-Paris Trial was held and this was the first real race as all competitors started together.

The winner was Émile Levassor.


Your parents are proud of the flowers, or the vegetables in your

home’s balcony or garden, but probably believe that to protect them

from harmful bags they must spray them with chemical pesticides.

Some of these pesticides, not all of them, contain toxic substances.

So, you children can help your parents make a pesticide from natural

ingredients, highly effective, but not at all toxic.

✿ Organic Pesticide with Garlic and OnionTo make this natural pesticide for your flowers or vegetables you

will need ingredients that can be easily found in your home’s kitchen.

✿ 1 clove of garlic

✿ 1 onion

✿ 1 teaspoon cayenne pepper

✿ 1 tablespoon liquid dish washing soap

✿ 1 liter of water

How to mix

✿ Chop, grate or squeeze the garlic and the onion

✿ Add the pepper and the water

✿ Stir well and let it soak for 1 hour

✿ Pass the mixture through a thin piece of cloth and drain the fluid.

✿ Add to the clean liquid the soap and stir well

How to use

Put the mixture into a spray container. Spray your flowers or veg-

etables well to cover the whole surface and the back surface of the

leaves, careful to avoid any drops getting into your eyes. You can store

the mixture for 1 week in a dark glass container in your refrigerator.

✿ Small GreenhousesWe can use plastic bottles form water and soft drinks to make mini

greenhouses to protect sensitive plants and seeds we have planted

from the cold. First plant the seeds in the pot, water them and then

put over them the plastic bottle, whose bottom we have cut off. So the

young plant will grow protected from the cold. To ensure good ventila-

tion we open and close the cap. For larger plants use larger bottles.

gardeningAdvicetoparents

I Protect the Environment-I Safeguard my FutureBy staying informed about what is happening in the world and by passing the information on to others we are taking a significant step toward the protection of our planet.

CHildren And tHe environMent



I BECOME INFORMED - I INFORM OTHERS - I ACT

productsthatcannotberecycled

You surely know what materials can be recycled. But beware. Even

those items we consider recyclable are not always suitable for recycling

and should be put in conventional waste bins. Placing them in the blue

bins will be worse for the environment than if not recycled at all. Let's

see which these objects are.

Pizza box This is a cardboard box, so it is considered recyclable. What makes it

non-recyclable, however, is that may have debris and grease.

Wet paperThe fibers of the paper shrink when washed. This makes them less

useful in the recycling process, and are not selected by the recycling

collection and processing machinery.

Caps from plastic bottles Plastic caps are less valuable on the market, so most recyclers do

not accept them. For this reason, we should throw plastic bottles in

recycling bins after removing the cap.

Juice boxesCheck if your juice box has been specially processed for recycling. If

not, you have to throw it to a conventional bin. The plastic coating for a

large part of the board makes them unsuitable for recycling.

Foam and styrofoam This is a petroleum product and highly flammable. It is considered

particularly dangerous for most recycling centers.

NapkinsThe food or any other remains they may have after their use make

them unsuitable for recycling.


didyouknow?

✿ There is about the same amount of water on earth now as there

was millions of years ago.

✿ Nearly 97 percent of all the world's water is salty or otherwise

undrinkable. Another 2 percent is locked in ice caps and glaciers.

That leaves 1 percent for all our needs.

✿ Water regulates the earth's temperature. It also helps regulate

the temperature of the human body!

✿ More water is used in the bathroom than any other place in the

home.

✿ A dripping faucet can waste up to 2,000 gallons of water a

year.

savingwater

We protect this important natural resource of our planet in many

simple ways

✿ Turn off the tap in your bathroom while you brush your teeth.

✿ Take shorter showers.

✿ Don't let the water run constantly while you're washing or rins-

ing dishes.

✿ Fill a pitcher with tap water and put it in the fridge, rather than

running the tap every time you want a cold drink!

✿ Clean your balconies with a broom—not the water hose!

✿ Water your lawn or flowers in the early morning to avoid evapo-

ration.

✿ Repair dripping faucets.


Epidaurus got its name from Epidaurus, son of Argus and Evanthi, the third ruler of the city. It is located in the eastern side of the Pre-fecture of Argolis, built at the feet of Arahnaio, Koryfaio and Tithio

mountains where, according to mythology, Asclepius—God of Medicine—was born. Its strategic location and the Asclepium contributed to the city’s great development. Its inhabitants dealt mainly with shipping. In the port of ancient Epidaurus visitors arrived from near and far to find a cure at the sanctuary of Asclepius. Epidaurus was, during antiquity, one of the most significant cultural and commercial centers of Greece.

Today it is a hub of attraction for many visitors who come to enjoy the superb coastline with its crystal clear waters and sandy beaches, to have the unique experience of a theatrical performance in the Ancient Theater or a musical performance in the small theater, to become acquainted with local events taking place every year during the summer period and, last but not least, to taste traditional dishes in one of the many picturesque taverns in the area.

Avisittoepidaurus

t r A v e l w i t H A e g e A n

Asmallescapefromthecityisthebestwaytoleaveproblemsandworriesbehindandenjoy

somesimpleyetimportantthingsthatrepresenttheessenceoflife.

HowtogetthereBycar:α) by the new Athens-Corinth-Epidaurus

National Roadb) by the Nafplio-Epidaurus National Road c) by the Ermione-Kranidi-Epidaurus

Regional Road

worthvisitingthesmalltheaterofepidaurus, built in the 4th century B.C. in honor of the god Dionysus, and excavated in 1971, with 2000 seats

theAncienttheaterofepidaurus, built at the end of the 4th century B.C with a capacity of 13,000, well known for its architecture and acoustical perfection. The Museum of Epid-aurus, with great variety of exhibits, is located opposite the theater.

thesevenArchedMycenaeantombs found at the foothill of Mountain Katarachi. Travelers following the street crossing the upper side of the village, at the area called “Nera,” can have a close look of the tombs.

nearbydestinationsLigourio 15 kmNafplion 38 kmMycenae 55kmAncient Corinth 60 km


Aegeanisproudofthecontemporaryimageofitspetrol

stations.Stationpersonnelenhancethe“AegeanLook”

throughclothingandproductsthatreflecta

commitmenttoqualityandcustomerservice.

productsthatsay

“we‘redifferent”

t H e A e g e A n i M A g e

��SUMMER 2011 AEGEAN NEWS


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

Aegean Energy for the FutureAegeanisgreece'smostdynamicenergy,petroleum,andshippinggroup.thecompanyhasanetworkofretailgasstationsthroughoutgreece,isactiveinmarinefuelsandlubricants,andoperatesafleetoftankersandbargesinter-nationallyanddomesticallytotransportpetroleumandbunkersforitsglobalbaseofclients.

retAilMArketthroughitsfast-growingnetworkofgasstations,Aegeansuppliesdriversingreecewithgasolineandautomotivelubricants.Aegean’smodern,well-maintainedgasstationnetworkhaswonthetrustofdriversduetothehighqualityproductsandservicesitoffersatcompetitiveprices.inaddition,Aegeandirectlysupplieslargeindustrialclientswithpetroleumproductsofallgrades,owingtotheconsistencyandserviceofitstransactions.

BUnkerFleetnyselistedAegeanMarinepetroleuminc.,withanexclusivelydoublehullfleet—ofwhichnineshipsarenewbuild-ings—isthenaturalsupplierofmarinefuelsat12ofthemostsignificantportsintheworld.Furthermore, withits22newbuildingsprograminprogressandthecontinuousopeningofnewstations,itisoneofthemostdynamicallydevelopingdivisionsoftheAegeangroup.

BUnkeringAegeanprovidesoneofthemostefficientandresponsivebunkeringservicestoclientsworldwide.itsshipsneverstopsailinganditsservicesareavailable24hoursaday,365daysayear.Aegeanoperatesbunkeringstations inpiraeus,and ingibraltar,singapore,Jamaica, theUnitedArabemirates,Antwerp,portlandUk,tema inghana,Montrealandvancouver.Allitsproductsareiso8217certified.theCom-pany,whichisamemberofiBiAandisiso9001certified,iswellpositionedontheFoBAswhitelist.

sHippingAegean's fleet of ships is at the heart of its superior service worldwide. itsvesselsoperate in full compliancewitheUand international standards, areallcertifiedwiththecodeofsafemanagement isMandsolAsandare incompletecompliancewithMArpolregulations.Aegean continually adds to its fleet of ships, which includes large vessels as well assmaller capacity vessels. its fleet transports oil cargoes worldwide on behalf of major oilcompanies,commercialclients,andAegeancustomers.

lUBriCAntsAegean produces and markets high performance lubricants for vehicles andindustrialuseundertheAegeanbrandand,forthemarinemarket,undertheAlFAbrand.AlFAmarinelubricantsarecertifiedandapprovedbythelargestmarineenginemanufacturersintheworld.the resources of our company and our follow–up service create our suc-cessful relationships and allow Aegean to supply lubricants in 500 portsworldwide.

environMent-HeCtheHellenicenvironmentalCentercollects,transportsandprocessesoilresi-duesfromshipsandlandunits(industrial,shipyards),whileitalsomanagesallliquidresiduesproducedbyships.inordertocarryoutitsworkHeChasthemoststate-of-the-artequipment,consist-ing of floating separators, a fleet of pollutant-collecting tankers, and well-equippedtanktrucks.HeCactstoprotectthemarineenvironmentandatthesametimecontributessignificantlytothesavingofenergywiththerecyclingproceduresitusestotransformthereclaimedpollutantsintoenergyresources.

trAdingAegeanisdynamicallyactiveinthetradingofcrudeoilandpetroleumproductsworldwide.thetradingdepartmentiscomprisedofdedicatedandprofessionalindividualswhocombinehighlevelexpertiseandagreatmanyyearsofexperienceintheoilindustry.petroleumproductsaresuppliedtoabroadspectrumofcustomerswhocomprisethecompany'sportfolio.Aegeanhasacquireditscredibilityfromthehighqualityoftheservicesitprovidestosuppliersandshipowners,afactthatsupportsthecompany’sambitionsfortheachievementoflong-rangegoalsintheenergysectorworldwide.

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Aegean News · Aegean News ΑΝΟΙΞΗ 2011 ... to fellow human beings in need. We ... argyri, athena Bisylla, Zoe danousi, despina dimaki, Elisavet