On the Record · Aegean Marine Petroleum Network
Aegean Marine Petroleum Network acquisitions, on the record
The businesses Aegean Marine Petroleum Network bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Hess Corporation East Coast bunkering businessWord for word“In December 2013, we acquired the U.S. East Coast bunkering business of Hess Corporation (NYSE: HES), including 250,000 cubic meters of leased tank storage in the ports of New York, Philadelphia, Baltimore, Norfolk and Charleston.” 20-F for 2014 | agreed acquisition | In December 2013 | — |
O.W. Bunker assets (28,567 metric tons of marine fuel and storage contract with Vopak Terminal in Los Angeles)Word for word“In December 2014, we entered into an agreement to acquire 28,567 metric tons of marine fuel and assume a storage contract with Vopak Terminal in Los Angeles, California at an auction of the assets of O.W. Bunker.” 20-F for 2014 | agreed acquisition | In December 2014 | — |
Shell Las Palmas terminalWord for word“In June 2010, we acquired the assets and operations of the Shell Las Palmas terminal in the Canary Islands.” 20-F for 2014 | acquisition | In June 2010 | — |
Oil Terminal Consultancy Ltd.Word for word“On February 25, 2013, our wholly-owned subsidiary incorporated in Marshall Islands, Aegean Tankfarms Holdings S.A., sold its 60% interest in Oil Terminal Consultancy Ltd., a company that owns the 92.5% of Aegean Oil Terminals (Panama) SA, which is incorporated in Panama.” 20-F for 2014 | divestiture | On February 25, 2013 | — |
Tapuit bargeWord for word“In 2010, we also acquired another barge, the Tapuit , which operated in Northern Europe until it was sold during March 2015.” 20-F for 2014 | divestiture | March 2015 | — |
Aeolos, Tulip, Ellen, Elbe, Steidamm and Vigo tankersWord for word“Furthermore, we received net cash consideration of $8.3 million for the sale of our tankers, Aeolos, Tulip, Ellen, Elbe, Steidamm and Vigo.” 20-F for 2014 | divestiture | — | — |
Navig8 Crude Tankers, Inc. and General Maritime Corporation (combined as Gener8 Maritime, Inc.)Word for word“In particular, Mr. Georgiopoulos, the Chairman of our board of directors, is the chairman of the board of directors of Gener8 Maritime, Inc., or Gener8, the combined company resulting from the recent merger on May 7, 2015 of General Maritime Corporation, or General Maritime, and Navig8 Crude Tankers, Inc., or Navig8, and he is also the Chairman of the board of directors and Chief Executive Officer of Genco Shipping & Trading Limited.” 20-F for 2014 | merger | May 7, 2015 | — |
U.S. East Coast bunkering business of HessWord for word“In December 2013, we acquired the U.S. East Coast bunkering business of Hess, including 250,000 cubic meters of leased tank storage in the ports of New York, Philadelphia, Baltimore, Norfolk and Charleston.” 20-F for 2015 | acquisition | In December 2013 | — |
Shell Las Palmas terminal (assets and operations)Word for word“In June 2010, we acquired the assets and operations of the Shell Las Palmas terminal in the Canary Islands.” 20-F for 2015 | acquisition | In June 2010 | — |
28,567 metric tons of marine fuel and storage contract with Vopak Terminal in Los Angeles, California (O.W. Bunker auction assets)Word for word“In December 2014, we entered into an agreement to acquire 28,567 metric tons of marine fuel and assume a storage contract with Vopak Terminal in Los Angeles, California at an auction of the assets of O.W. Bunker.” 20-F for 2015 | agreed acquisition | In December 2014 | — |
New Jersey (vessel)Word for word“During 2014, we paid $61.4 million mainly for the construction of our storage facility in Fujairah and $7.8 million for the acquisition of the vessel New Jersey .” 20-F for 2015 | acquisition | 2014 | $7.8 million |
Fos IIWord for word“We used our Panamax tankers, the Fos II and Aeolos , as storage facilities until April 2011 and February 2013, respectively, when the vessels were sold.” 20-F for 2015 | divestiture | until April 2011 | — |
AeolosWord for word“We used our Panamax tankers, the Fos II and Aeolos , as storage facilities until April 2011 and February 2013, respectively, when the vessels were sold.” 20-F for 2015 | divestiture | February 2013 | — |
ANWEWord for word“On April 1, 2010, in connection with our acquisition of ANWE, we assumed a loan agreement with a Belgian bank in an aggregate amount of €3.7 million to finance the construction of our double hull bunkering vessel, the Texas .” 20-F for 2015 | acquisition | On April 1, 2010 | — |
Shell Las Palmas terminal in the Canary IslandsWord for word“Las Palmas and Tenerife In June 2010, we acquired the assets and operations of the Shell Las Palmas terminal in the Canary Islands.” 20-F for 2016 | acquisition | In June 2010 | — |
OBAST Bunkering & Trading GmbHWord for word“Recent Developments In January 2017, we launched a new service center in Rostock, Germany that services German Baltic Sea ports and Scandinavian ports through the acquisition of OBAST, a physical bunker supplier and cargo oil trader.” 20-F for 2016 | acquisition | In January 2017 | — |
marine fuel and Vopak Terminal storage contract assets of O.W. Bunker in Los AngelesWord for word“U.S. West Coast In December 2014, we acquired 28,567 metric tons of marine fuel and assumed a storage contract for approximately 55,000 cubic meters with Vopak Terminal in Los Angeles, California at an auction of the assets of O.W. Bunker.” 20-F for 2016 | acquisition | In December 2014 | — |
Read from Aegean Marine Petroleum Network’s annual reports (20-F for 2016, 20-F for 2015, 20-F for 2014) and the financial data it files with the SEC, as of 2017-05-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.