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Restructured Aegean Marine Becomes Minerva Bunkering

glory 05-04-2019 19:46 Area News
Marine fuel logistics company Aegean Marine Petroleum Network has emerged from the voluntary Chapter 11 restructuring after its plan of reorganization became effective. As informed, the company will now operate as...
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Mercuria’s Aegean Takeover Gets Green Light from EU

glory 02-04-2019 12:30 Area News
The European Commission has approved Mercuria Energy’s acquisition of restructured marine fuel logistics firm Aegean Marine Petroleum Network. The Commission concluded that the proposed transaction would raise no...
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US Bankruptcy Court Confirms Aegean Marine’s Reorganization Plan

glory 27-03-2019 15:30 Area News
Marine fuel logistics company Aegean Marine Petroleum Network informed that its reorganization plan has been confirmed by the US Bankruptcy Court for the Southern District of New York. As explained, the development paves...
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Aegean Marine Petroleum Expects to Exit Chapter 11 Soon

glory 16-01-2019 21:53 Area News
Marine fuel logistics firm Aegean Marine Petroleum Network is poised to emerge from Chapter 11 “quickly”, the company said announcing court approval of its restructuring support deal and final debtor-in-possession motion...
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Aegean Marine Agrees New Restructuring Plan with Mercuria

glory 18-12-2018 15:38 Area News
Marine fuel logistics company Aegean Marine Petroleum Network has entered into a new restructuring support agreement with Mercuria Energy Group. The deal, dated as of December 15, 2018, was agreed after a rival deal with...
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Aegean Marine Unlocks Funds after First Day Motions Approval

glory 23-11-2018 16:34 Area News
Marine fuel logistics company Aegean Marine Petroleum Network has secured access to USD 532 million in financing after it received US court approval of all the company’s first day motions. The US Bankruptcy Court for the...
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Aegean Marine Files for Chapter 11 to Implement Restructuring Transaction with Mercuria

glory 06-11-2018 17:43 Area News
Marine fuel logistics company Aegean Marine Petroleum Network and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code in the Bankruptcy Court for the Southern...
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Aegean Marine Uncovers Possible USD 300 Mn Fraud

glory 05-11-2018 14:29 Area News
Over a dozen employees of marine fuel logistics company Aegean Marine Petroleum Network, including members of senior management, were involved in a fraud scheme worth around USD 500 million. The company’s Audit Committee...
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