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Aegean News

THE QUARTERLY MAGAZINE OF AEGEAN

SUMMER 2016

Posidonia 2016 Posidonia
The Aegean 2016
Party
Athens Hosts the Global
Aegean Global Shipping Community
Market Trends

Interview
Nikolaos
Hondos

General Manager
Aegean Bunkering

Services Inc.

Plus

Flows & Currents
Travel with Aegean



editorial Aegean

Facing the future. Core Activities
Posidonia 2016, the world’s most impressive mari-
time event, held in Athens since 1969, brought together Retail
the global shipping and maritime community for one
week. During that time, all stakeholders were able to AEGEAN OIL has established a gas station
meet, explore current market trends, forge new part- network throughout Greece, and is one of
nerships, and assess the industry as it moves forward. the fastest growing companies in the retail
Aegean, as it has for 20 years, participated in Posidonia 2016 with two state- market. AEGEAN’S gasoline market share in
of-the-art exhibition spaces. Top Aegean executives were able to represent the Greece is 8%.
wide-ranging activities of the company–shipping, bunkering, environmental
and port facility services, lubricants and petroleum products, and agency—to Shipping
visitors from around the globe.
For public and private stakeholders, Posidonia provided an opportunity to AEGEAN SHIPPING manages a fleet of tank-
discuss key policy developments facing the shipping and maritime industry. ers, ranging from 28.610 to 50,926 DWT,
Prime Ministers, ministers, ambassadors, commissioners, and other govern- that transfers and delivers oil to our clients
ment decision makers met the private sector within a common framework to throughout the world. All ships meet ISM
address legislation, environmental concerns, safety issues, and new technolo- standards. The Company’s new GreenFleet
gies that will impact the industry for years to come. (http://www.greenfleet.gr) incorporates
Aegean, as always, was attuned to the discussions, exchanges, developments the latest technologies to ensure reduced
and decisions that can, in many ways, determine the next stages of its growth operating costs and reduced emissions,
and expansion program. while increasing overall performance. All
Future success stems from past performance and current preparations. ships are certified by ISM, ISPS and MLC as
Being prepared for tomorrow ensures that decisions are made with market in- well as with ISO 9001, 14001, 18001 and
sight, industry understanding, and a competitive edge. Posidonia 2016 proved 50001. AEGEAN SHIPPING is additionally
to be a key tool that allows Aegean to keep its finger on the pulse of the indus- certified with ISO 22301.
try and formulate its strategy—local, regional, and global.
Bunkering
RAYMOND MATERA
Publisher AEGEAN MARINE PETROLEUM is a leader in
providing the best bunkering services avail-
able in Piraeus, Patras, Gibraltar, Amster-
dam-Rotterdam-Antwerp, Fujarah, Jamaica,
Singapore, Trinidad & Tobago, Portland-Fal-
mouth, Vancouver, Montreal, Mexico, Tanger
Med (Morocco), Canary Islands, Panama,
Barcelona, Algeciras, Baltimore, Philadel-
phia, New York, Norfolk, Charleston, Los
Angeles and Long Beach, Hamburg, the Gulf
of Mexico, St. Petersburg, South Africa and
Brazil. AEGEAN MARINE PETROLEUM is the
market leader in bunkering.

Agency Services

Ships from around the world rely on AEGE-
AN AGENCY services at Piraeus, Gibraltar,
Fujairah, and Jamaica, from loading and
discharging, to spare parts and supplies.

Lubricants

AEGEAN OIL produces and markets high
performance lubricants for vehicles and
industrial use, under the AEGEAN brand.
AEGEAN MARINE PETROLEUM trades and
supplies lubricants for the marine market
under the ALFA brand.

SUMMER 2016 AEGEAN NEWS 1

You're on the move. So are we.

Get Aegean News wherever you are.

Aegean News iPad version
is now available at the app store.
Enhanced with video, more photos,
and interactive content!

ANY TIME
WHERE

AEGEAN
MARINE
PETROLEUM

contents

20 Aegean hosted one of the most 10 Aegean presented its D-Force diesel fuel at the 24 Nikolaos Hondos, General Manager
impressive parties of the entire Hyatt Regency Hotel in Thessaloniki of Aegean Bunkering Services Inc.,
Posidonia week discusses Aegean’s position
as the world’s largest independent
physical supplier

CODE: 5169 4 AEGEAN UPDATE 16 P OSIDONIA 2016

Summer 2016 9 PONTIAN NEWS • T he World’s Most Prestigious
Maritime Event
Aegean News is published Events Honoring the Pontian and Armenian
quarterly by AEGEAN Genocide • Aegean at Posidonia 2016
• The Aegean Party
PUBLISHER & MANAGING EDITOR 1 0 RETAIL
Raymond Matera 24 THE AEGEAN INTERVIEW
Aegean Presents D-Force Fuel to Northern
CONTRIBUTING EDITOR Greece Service Station Owners Nikolaos Hondos, General Manager of Aegean
Alexandra Loli Bunkering Services Inc.
1 1 HELLENIC ENVIRONMENTAL
DESIGN CENTER 2 6 STATIONS OF THE MONTH
Snack
• Presentation at the Port of Alexandroupolis • Kostas Pagratis, Corfu
PRINTING AND BINDING • D istinction of HEC at the European Business • Athanassios Raptis, Thessaloniki
Korifi Publications SA
Awards for the Environment 2 8 MARITIME TRADITION
OWNER
Aegean 1 2 AEGEAN GLOBAL The Traditional Boat Association of Greece
10 Akti Konydli
185 45, Piraeus, Greece Up-to-Date Market Trends from Around the 29 TRAVEL WITH ΑEGEAN
Tel: +30 210 458 6000 World by Executives from Aegean’s Global
Fax: +30 210 458 6241 Bunker Stations Network Milos
E-Mail: [email protected]
Websites: www.aegeanoil.gr, 1 4 FLOWS AND CURRENTS 2 8 CHILDREN AND THE
www.ampni.com ENVIRONMENT
Trends and News in the Oil
Comments and suggestions and Energy Fields The Lost Kingdom of Cleopatra
are welcome.
SUMMER 2016 AEGEAN NEWS 3
Aegean News is free of charge and
is available, subject to availability, to
any interested person or organization.

Please Recycle

AEGEAN UPDATE

Fedon Tomazos, Cass Technava; Sarah Yang, Cass Technava; Spyros Fokas, Aegean; Dong Yezong, General Manager Cosco Hamburg Port
Shipyard; George Melissanidis; Swem Sun, Commercial Director of Cosco Headquarters 827th
Anniversary
Aegean Shipping Inks Deal
for Four Aframax Newbuildings with “Cast off and Ahoy!” Aegean and HEC
Cosco Shipyard in China celebrate the world’s greatest port
festival, the 827th birthday of the
Aegean Shipping Management signed a contract with Cosco Zhoushan shipyard to build four Hamburg harbor.
next-generation Aframax carriers with delivery in 2018. More than 1 million visitors annu-
This marks the latest NB contract since the company delivered four MR sisters from Daesun ally attend the maritime people’s
Shipbuilding in Korea in 2014. These eco-tankers, coined the Green Fleet, also employ ad- festival of superlatives, inspired by
vanced engineering and design components, allowing for significantly lower fuel consumption the hundreds of ships from all over
and huge minimization of emissions. The new Aframaxes will fly the same ‘Greenfleet’ Banner the world in the heart of Hamburg.
as their smaller fleet sisters, and continue to follow suit with the strategy of the company to The port of Hamburg and its birth-
reduce their carbon footprint. day have a long tradition; since
Chairman George Melissanidis said, “I am pleased to announce the signing of four NB Kaiser Friedrich Barbarossa granted
113,000 dwt crude carriers at Cosco Zhoushan shipyard. In this time of such global uncer- citizens of Hamburg a charter on
tainty and a dormant NB market, we are renewing our commitment to international shipping.“ May 7, 1189, which guaranteed
Mr. Melissanidis continued, “I would like to take this opportunity to thank Cosco for their sup- exemption from duty for ships on
port and look forward to cementing this relationship between our two companies, which are the river Elbe from the city to the
so closely aligned in terms of quality and commitment to first class service.” North Sea, the Port Birthday has
Aegean Shipping invests in cutting-edge technology, enhancing its human resources and grown and is a popular attraction for
managing its fleet above and beyond international standards. visitors from near and far. Special
highlights include a four-kilometer
Pontian Music and Dance long ‘Harbor Mile’ promenade, the
During Halftime at NBA Game ship parades, a unique tugboat ballet
and breathtaking fireworks. Aegean
The NBA honored Greek heritage day and HEC enjoyed a vibrant event with
in a unique way. Traditional Pontian good business friends and partners
music and dance was the highlight of onboard the Commodore.
the halftime show at the Philadelphia
76ers game against the New York Aegean and HEC executives onboard the Commodore
Knicks. The proud Pontian “Akritai” of
Philadelphia, who descend from Koro-
milia, Kilkis, danced to the tune of Daouli and Lyra players as they circled the
76ers emblem on center court.

4 AEGEAN NEWS SUMMER 2016

Another Successful Search & Rescue ALBA students at the Aegean headquarters in Piraeus
Operation for M/T Rizopon
ALBA Students
On April 13, 2016, following the instructions of the Italian Maritime Rescue Visit Aegean
Coordination Center, Aegean's ASM tanker M/T Rizopon, while drifting off
Zawia, launched a rescue operation of 235 immigrants (6 babies, 111 female, On May 16 twenty students from ALBA
118 male). The 235 immigrants were found onboard two rubber boats, in the Graduate Business School visited the
waters between Italy and Libya. Nationalities declared by the immigrants are Aegean headquarters in Piraeus. ALBA is a
as follows: Ghana, Nigeria, Ethiopia, Guinea, Soudan, Cameroun, Ivory Coast, non-governmental, non-profit educational
Tanzania, Somailia, and Senegal. M/T Rizopon approached the two boats, organization established by the Hellenic
safely collected all immigrants on board and resumed her voyage to Caglier- Federation of Enterprises (SEV), the Hellenic
im Sardenia (Italy) following the instructions of the Italian Maritime Rescue Management Association (EEDE), and the
Coordination Center. The crew offered the immigrants food, water and milk. Commercial and Industrial Chamber of
On April 14, 2016 M/T Rizopon reached her destination port and delivered the Athens (EVEA). Ninety companies, many of
immigrants to the Italian Authorities. which are shipping companies, are corporate
This is the fifth successful rescue operation for the M/T Rizopon. members of ALBA.
Aegean Shipping is proud of our Captain, Officers and crew and we congratu- The students attended a presentation,
late them for their good seamanship and gallant efforts! which took place on the 8th floor of the
Aegean headquarters under the supervision
of Prof. Spyros Vougious. The students had
the opportunity to ask senior Aegean exec-
utives questions related to trading, bun-
kering and shipping. Professor Vougious
thanked Aegean for the hospitality. Aegean
continues to invest in education by sup-
porting young students and future career
men and women.

Immigrants delivered to the Italian authorities Presentation by Nikolaos Hondos of Aegean

SUMMER 2016 AEGEAN NEWS 5

AEGEAN UPDATE

The Floreal at Port Elizabeth Marine Pollution
Response
Port Elizabeth Supply Exercise in
of French National Army Frigate Aspropyrgos

On April 19 Aegean supplied Floreal, a monitoring frigate of the French National Army, at On June 15 the Aegean antipollution
Port Elizabeth, South Africa. Floreal's mission is the monitoring of French Exclusive Economic team held a marine pollution response
Zones. In 1993, she took part in United Nations Operation in Somalia II to protect Blue Hel- exercise at the Melco installation in
mets. In 1995, she took part in the capture of the Head of Comorian Presidential Guard Bob Aspropyrgos as part of the annual
Denard (1929-2007), in the Comoros. staff training program for 2016.
Aegean has made a fresh and dynamic start in South Africa by deploying the 70,000dwt M/T During the exercise Aegean staff
Umnenga as floating storage in Algoa Bay, ensuring constant availability and efficient operations. created an antifouling barrier using
Algoa Bay is strategically situated with an 8-10 mile deviation from the main shipping routes pollution absorption materials and
between the Middle East, Americas and Europe. The bay is well protected with open access to trained the new company staff.
high seas and space for numerous vessels at anchorage. Passing vessels bunkering at Algoa Bay
benefit with no time lost waiting for inport bunker deliveries and save significantly on the calling Antipollution barrier and pollution absorbers
costs at South African ports. Aegean’s M/T Lefkas, a double-hull bunker barge, conducts bunker
deliveries. Aegean will deploy a second barge in the near future to expand supply operations.
Vessels are supplied either at the anchorage or inport (Port Elizabeth and Coeaga Port).
Marine Fuel RMG 380 and Marine Gasoil (MGO 0.1) is available at ISO 8217 standards. Op-
erations run on a 24/7 basis.

AEK is the 2016 Greek Cup Winner Logging On

Greek association football club Customers and associates
AEK F.C. (Athlitiki Enosis Konstan- may log on at:
tinoupoleos, Athletic Union of Con-
stantinople, abbreviated as AEK), www.aegeanoil.com
returned in the top level leagues of
Greek football after winning the Customers and associates of Aegean
Greek Cup for the first time after Marine Petroleum may log on at:
five years. AEK won the Cup, up-
setting champion Olympiakos 2-1 at the "Spiros Louis" Olympic Athletic Center www.ampni.com
of Athens (OAKA), filling with joy the team’s supporters, who have stoically en-
dured the challenge of being in a lower level league for the past few years.
AEK has returned stronger! "We are coming" turned into "we are here!" This is a
new beginning and the best is yet to come!

6 AEGEAN NEWS SUMMER 2016

Barcelona Antipollution Drill Voluntary
Blood Drive
On May 17 an antipollution drill was carried out at the port of Barcelona with
the participation of the Aegean IOS I barge. On June 22 a Greek Red Cross blood
The Aegean pollution combating team followed the plan with all needed mate- donation mobile unit came to
rials and contained the spill before it expanded beyond control and polluted the the Melco facilities in Aspropyrgos to
sea area. The Barcelona Port Authorities expressed their satisfaction in the way enhance the blood bank of the
the captain and crew responded. company. As expected, many
Aegean, with the strictest environmental standards in the shipping sector, Aegean employees participated to
maintains its staff in a state of vigilance, with proper training at regular inter- the12th Aegean blood drive. The
vals. With experience in training, and the will to protect the environment, we colleagues who donated blood are
are optimistic about the environment we will leave to our children. Dimitris Kamenidis, Zafiris Kyrmpeis,
Panagiotis Kalogeropoulos, Adil Kara,
Aegean participates in anti-pollution exercise at the port of Barcelona Aris Nakas, Kostas Skalas, Panagiotis
Chatzidimitriou, Konstantinos
Kantarellis, Archonion Giannikouris,
Dionysis Symeoforidis, Petros
Kordalis, Panagiotis Kyriakopoulos,
Athanassios Azaroglou, Panagiotis
Misailidis, Panagiotis Kolympiris,
Paraskevas Paraskevas, Kyriakos
Boutzikas, and Yiannis Komninos.

Aegean Opens New COCO Service
Station on Mykonos Island

As part of the company’s corporate strategic planning implementation,
Aegean has launched a new COCO (Company Owned Company Operated)
service station on Mykonos, which is already in full operation serving
the customers of the island.
The service station is located in Amigdalidi on the new ring road of the
island that connects Ano Mera with the port. Aegean created this new
service station with respect for the unique architectural style of Mykonos
and installed the most advanced and environmentally friendly technology.
The new Aegean service station on Mykonos offers all types of liquid
fuel and vehicular LPG. The service station also supplies tourist boats
that visit the island using company-owned tanker trucks.

SUMMER 2016 AEGEAN NEWS 7

AEGEAN UPDATE

Nikolaos Hondos, Dimitris Melissanidis, Mokhele Tsietsi, Spyros Fokas and Nikolas Tavlarios
Salvatore Drago

The Aegean dinner Manolis Chochlakis, Boris Gronenberg, Stathis Pavlikakis, Alvaro Marques de Azavedo,
Iason Ktenas, Gratsiella Kladis, Hara Fikiris, Tony Vertommen, Geert Boden, Vedran Bovan,
Aegean Celebrates Dennis Ho, Leonidas Broumas, Dorothy Papadogiannis, Panos Tsikleas, Mary Skafida, Sotiris
Delidimitriou, Andrew Ananiev, Soumela Fotiadou, Gregory Robolakis, and Antonis Pavlakis.
On June 7, during the week of Posidonia 2016, Aegean Ma-
rine Petroleum hosted an event on the eighth floor of the colleagues from the AMP and ABS attended the dinner in
company’s headquarters in Piraeus for the representatives the presence of Dimitris Melissanidis and Nikolas Tavlarios.
from all Aegean bunkering stations around the world. Old Mr. Tavlarios delivered a short speech, during which he
and new colleagues had the opportunity to further strength- stressed the need for continued communication between
en their relations and better familiarize themselves with the Aegean executives to better address everyday problems and
company. Associates from Singapore, Antwerp, New York, optimize results.
new friends from St. Petersburg, Rio and Hamburg, and The evening was very pleasant, highlighted by a song by fel-
low aspiring singer from the Antwerp office, Geert Boden.

Charity Race

On June 4, during the week of Posidonia 2016, a five-kilometer street race was held
in Piraeus with participants from around the world. The proceeds were donated to
charity. The starting point and the finish line were at the Municipal Theatre of Piraeus.
Twenty Aegean employees participated, worthily representing the company: S. Kintas,
P. Kolympiris, P. Kalogeropoulos, M. Samson, K. Barlou, E. Filiopoulou, M. Xenou, M.
Bokou, A. Topalidis, N. Zaharopoulos, S. Papadopoulou, M. Halou, I. Kyranas, P. Lialios,
E. Panagopoulou, N. Mendrinou, D. Konomi and B. Motou.

8 AEGEAN NEWS SUMMER 2016

PONTIAN NEWS

1 23

4 5 67
1. The audience at the Temple of Olympian Zeus 2. Savvas Kalenteridis, Dimitris Melissanidis, George Tsalouchidis, Ivan Savvidis, and Christina Sahinidis 3. Young dancers 4. The drums set the
pace 5. The Minister of National Defence, Panos Kammenos 6. Traditional dancers 7. The knife dancers

Majestic Events in Memory
of the Pontian Genocide

Pontians and Armenians Send Out a Powerful Message from the Temple
of Olympian Zeus in Athens

Two peoples with an extraordinary history and culture, Pontian Greeks and Armenians, shared an event
of remembrance that took place at the Temple of Olympian Zeus in Athens, "a brilliant night in a sacred
place" said the presenter, Alexis Kostalas, sending out a strong message: "We remember, we honor our
past, and we move forward stronger than ever."

Events in memory of the genocide Turkish government will redeem the Turkish Greece (ANC Greece) Kerop Ekizian, Pontian
of Pontian Greeks and Armenians people from the burden of collective guilt." cosmonaut Theodore Giourtsichin-Gramma-
took place in Athens on May 21. The tikopoulos, Vice President of the Armenian
proceedings initially unfolded along the pe- The Interior and Administrative Recon- National Assembly Eduard Sharmazanov,
destrianized Dionysiou Areopagitou Street struction Minister Panagiotis Kouroumblis, DISYPE president George Parcharidis, Prof.
at the foot of the Acropolis hill. The high Deputy Minister of Defense Dimitris Vitsas, Konstantinos Fotiadis, the President of
point of the evening was without a doubt the Deputy Finance Minister Trifon Alexiadis, Greek National Union of Pontian Officers
musical performance at the Temple of Olym- Deputy Minister of State for Coordinating George Tsalouchidis, the soprano of Pontian
pian Zeus, which included dozens of dancers Government Operations Terrence Kouik, the descent Sonia Theodoridou, the Paralympic
and singers, melodies from drums and lyres, leader of the Greek centrist party (Union of athlete Gregory Polichronidis, the business-
Pontian and Armenian traditional dances, as Centrists - Enosi Kentroon) Vassilis Leventis, man Ivan Savvidis, and the founder of Aege-
well as alterations of recitation and music, the Chief of Hellenic Army General Staff of an Dimitris Melissanidis were also present.
all indicating how similar the two cultures Pontian descent Lieutenant General Vasilios
are, much like their tragic history. The Min- Tellidis, and the Chief of the Hellenic Air An emotional audience watched with un-
ister of Defense, Panos Kammenos, who Force General Staff Lieutenant General Chris- diminished interest the performances on
opened the event, said: "An apology by the tos Vaitsis attended the event. The President stage, which emitted humanism and mes-
of the Armenian National Committee in sages of militancy worldwide.

SUMMER 2016 AEGEAN NEWS 9

RETAIL

Aegean Presents
D-Force Fuel

to Northern Greece Service Station Owners

On June 16 Aegean presented its D-Force Diesel Fuel at the Hyatt Regency Hotel in
Thessaloniki. Numerous Northern Greece service station owners, in whose stations the new D-
Force fuel is now available, attended the event.

12 3

4 56

1, 2. The presentation of D-Force in Thessaloniki 3. The outdoor reception at the Hyatt 4. The dance group of the “Akrites of Pontos” cultural association 5. Northern Greece service station oper-
ators 6. Iakovos Melissanidis (center) with members of the “Akrites of Pontos”

I akovos Melissanidis opened the with the properties and advantages of After the presentation the quests
presentation with greetings and a the new fuel, and Antonis Papadakis, enjoyed a reception at the outdoor
few words. Deputy CEO of Aegean Oil, briefed area of the Hyatt in an extremely
Following Mr. Melissanidis, Anna the station owners on the successive pleasant and relaxing atmosphere,
Papatheocharis, a chemical engineer stages of tests and checks prior to the while the dance group of the “Akrites
and the representative of the company final selection and the marketing of of Pontos” cultural association pro-
that manufactures the additives for D-Force within the Aegean service vided the guests with a performance
D-Force, presented the participants stations network. to remember.

10 AEGEAN NEWS SUMMER 2016

HELLENIC ENVIRONMENTAL CENTER

Presentation at the Port
of Alexandroupolis

On June 9 HEC hosted a presentation on the protection of the marine environment and
the application of appropriate rules and regulations at the request of the Port Authority of
Alexandroupolis. Staff, officers, and members of the Alexandroupolis Port Authorities were
present at the event.

Theo Gavrielides, HEC’s partner in Eastern Mace- curred that such events that aim at information sharing
donia and Thrace, informed the executives of the should take place with the participation of port users.
Alexandroupolis Port Authorities on topics such as
types and quantities of waste, environmental legislation,
international, EU and national legislation on waste man-
agement, as well giving the HEC company profile. The
participants found the presentation very interesting and
had numerous questions for Mr. Gavrielides.

Concluding his speech, Mr. Gavrielides said that what
must emerge from his presentation is improved coordina-
tion in the process of control and waste reception from the
Alexandroupolis Port Authorities and the concessionaire
company, HEC.

The Alexandroupolis Port Authority representative
agreed with Mr. Gavrielides’ proposal and everyone con-

Distinction of HEC at the European Business
Awards for the Environment

On March 30 the Greek Association of Environmental Protection (PASEPPE) and the European Commission's
Environment Directorate (DG Environment) announced the winners of the European Business Awards for the
Environment (EBAE).

HEC is among the finalists in the public and private institutions that successfully combine
third category (Process Award) innovation, economic viability, sustainable development,
and in the subcategory “Busi- environmental protection and commitment to the circular
ness & Biodiversity Award.” economy. The award ceremony will take place in Tallinn in
The competition is open to companies, organizations, and October 2016.

SUMMER 2016 AEGEAN NEWS 11

AEGEAN GLOBAL

Aegean

Global Market Trends

On the occasion of Posidonia 2016, executives from Aegean’s global network of bunker stations
met in Athens. Aegean News presents up-to-date market trends from around the world.

Gregory Robolakis Captain Christopher Salvatore Drago
Roberts
General Manager Director, Global Trading, New York
Aegean Marine Petroleum S.A. Aegean Bunkering USA (LLC)
Regional Manager Americas, New York Our ability to source and blend fuel oil
Greece this year is benefiting from in- from around the globe has been a great
creased cruise traffic and therefore pros- On the East Coast of the U.S. Aegean is asset to Aegean as we continue to expand
pects for the entire season are improved. positioned well because we always have our bunkering business in locations such
Aegean positively capitalized on this trend supply and our operations staff is second as Port Elizabeth.
and of course we are positioning better due to none. The ship-owners know that when
to our infrastructure, reputation, pricing, they do a deal with Aegean it will be done
service and our growing global brand name. properly and professionally. The market
is starting to trend upward and it is a
dogfight (especially in New York.) Cur-
rently there are six suppliers in New York
so it is an extremely competitive market.
All the more need to be on top of every-
thing operationally.

12 AEGEAN NEWS SUMMER 2016

Boris Gronenberg Dennis Ho Jonathan Mcllroy

Marketing, Marine Fuels General Manager, Singapore Bunker Trading Manager, Piraeus
Managing Director, Hamburg
The year 2017 presents an exciting time Globally, Aegean’s strategy is to expand
Aegean in Hamburg has been growing for Aegean in Singapore when mass flow back to back trading worldwide, benefit-
steadily since opening operation almost meter (MFM) supply becomes compulsory ting from the existing presence of a mar-
two years ago. We are proud to have es- on all bunker tankers. Aegean’s barges ket-leading physical supply network.
tablished our presence in this market with have all been fitted with approved MFMs.
strategically located storage facilities and Together with our expertise on cargo
would like to thank our German partners sourcing and our already well-regarded
for their continuous support. supply capabilities, we are ready to em-
brace the new regime.

Tony Vertommen Andrew Ananiev Alvaro Marques
de Azavedo
Managing Director, North West Europe,
Managing Director, South American,
Antwerp, Belgium St. Petersburg, Russia, Director Rio de Janeiro, Brazil

In a huge market like the ARA, every day Although the Russian market experienced 2016 is the right time for the start of
starts as a challenge. Nevertheless we a steady volume rise in early 2016, the operations for Aegean in South America.
at Aegean manage to maintain and even Aegean Neva office managed to add ma- Certainly it is a challenging market as ma-
strengthen our position, being the top ny new clients to it’s portofolio. We also ny countries find themselves amid a crisis
supplier covering all ports of our area. welcomed recent news the cooperation but, on the other hand, it is a time of op-
This is only possible due to the profes- agreement between Rosneft and Hellenic portunities and market changes.
sionalism of our complete staff in combi- Refinery as a sign of improving economic With Aegean’s expertise in the physical
nation with our logistic infrastructure. relations in the industry. markets we will be able to develop new
business niches, not only in established
markets but also in remote locations.

SUMMER 2016 AEGEAN NEWS 13

FLOWS AND CURRENTS

Divers Explore Interactive Map Shows
A 1,600-Year- Global Ship Movement
Old Roman
Shipwreck Large ships carry about eleven billion tons of cargo around the world every year.
Ships transport all kinds of goods from port to port and that is what makes the
At first divers stumbled across global economy go round. Now there's a great way to visualize this entire pro-
a sculpture partially buried in cess, through an interactive map from the UCL Energy Institute, which traces
the ocean floor 30 miles from container ships, dry bulk carriers, oil and fuel tankers, gas carriers, and ships
Caesarea. That discovery led to the transporting vehicles by type. One can even zoom in on different regions. The
remnants from a 1,600-year-old researchers assembled data from the thousands of commercial ships that moved
shipwreck off the coast of Israel. across the ocean in 2012. They then worked with the data visualization studio
The Israeli Antiquities Authority Kiln to make this map. https://www.shipmap.org/
examined anchors from the ship,
water jugs, fragments of full-size Shipping Industry Needs
statues, smaller sculptures and More Seafarers
lamps, including one of the Roman
sun god Sol, as well as two large Unless seafarer-training levels are in-
clumps of coins, which helped give creased significantly, the growth in demand
experts an idea of when the ship for seafarers could generate a serious
sank. Two Roman rulers depicted shortage in the total supply of officers.
on the coins helped researchers An additional 147,500 officers will be
place the shipwreck between 300 required by 2025 to service the world
and 500 A.D. merchant fleet. The IMO (International Mar-
Experts can't say for certain what itime Organization) reports that the current
caused the ship to sink. They the- shortfall stands at 2.1%, amounting to
orize it tried to anchor itself in some 16,500 officers, and some officer
place during a storm but ended up categories are in a especially short supply, including engineer officers at management level
smashing against nearby rocks and and officers needed for specialized ships such as chemical, LNG and LPG carriers. Although
a seawall. Weirdly enough, winding the global supply of officers is forecast to increase steadily, increasing demand will most
up on the ocean floor might have likely outpace this. In the past five years the industry has made good progress with increas-
helped the relics survive the last ing recruitment and training levels and reducing officer wastage, as the report estimates
several centuries. Experts believe that there is a current surplus of 15.8%, about 119,000 ratings, with demand only having
the ship was taking them to be increased by about 1% since 2010.
melted and recycled.

14 AEGEAN NEWS SUMMER 2016

One of the Largest Cruise Ships A History
in the World In Piraeus of the Postwar
Greek Shipping
The prestigious Ovation of the Seas sailed into Piraeus this past May. PPA executives greeted Industry Hits the
the captain and crew at the port. The impressive ship, which started its maiden journey in Bookshelves
Trieste, measures 348 meters in length, weighs 168,666 tons and can accommodate 4,180
passengers. With 1,300 crewmembers, the Ovation spans 18 decks and features 2,091 Gelina Harlaftis’ "Greek Shipowners
cabins. The ship, recently constructed at the Meyer Werft shipyard in Germany, is intended for and Greece: 1945-1975, From
the Far East and China markets. Passengers get a choice of 18 restaurants and virtual cabins Separate Development to Mutual
with a balcony and internal units with large digital displays that ensure that every room has a Interdependence" (2015) outlines
view. What's more, a glass capsule, which rises 300 feet above sea level, offers passengers the basic structure of Greek shipping
a 360-degree view. firms, analyzes the Greek shipowners'
ties to the rest of the Greek economy,
Warmer Ocean Waters Powered El Niño, as well as the specific problem and
Scientists Say policy dilemmas that are associated
with these ties. Harlaftis, a Professor
El Niño (Spanish for "the boy") of Maritime History in the Department
is the warm phase of the El Niño of History at the Ionian University on
Southern Oscillation and is asso- the island of Corfu, explains that the
ciated with a band of warm ocean reasons for the Greek Shipping’s enor-
water that develops in the central mous expansion after the Second World
and east-central equatorial Pacific. War have been the subject of consid-
The phenomenon is accompanied erable debate and the net benefits to
by high air pressure in the western Greece—as distinct from the welfare
Pacific and low air pressure in the eastern Pacific and causes global changes of of individual entrepreneurs—have
both temperatures and rainfall. also been the focus of discussion. The
A new study provides insight into how the current El Niño, one of the strongest book provides a thorough account of
on record, formed in the Pacific Ocean. The new research finds easterly winds this perplexed but extraordinary story
in the tropical Pacific Ocean stalled a potential El Niño in 2014 and left a swath while the body of data presented and
of warm water in the central Pacific. The presence of that warm water stacked analyzed makes it possible to form an
the deck for a monster El Niño to occur in 2015, according to scientists. informed historical view of Greek pre-
eminence in sea transport.

SUMMER 2016 AEGEAN NEWS 15

POSIDONIA

Posidonia 2016 1

Athens once again hosted the global shipping community at Posidonia 2016, the world’s most
prestigious maritime event, held at Athens Metropolitan Expo June 6-10.

Posidonia 2016 in Numbers

Visitors Exhibitors Countries Represented Square Meters

22,000 1800 90 40,000

16 AEGEAN NEWS SUMMER 2016

23

1. Prime Minister Alexis Tsipras
2. Cutting the ribbon
3. President of the Opposition Kyriakos Mitsotakis arriving
4. Posidonia live
5. The Opening Ceremony

45 Professional
Learning
M ore than 22,000 shipping munity,” said Theodore Vokos, Exec-
industry professionals vis- utive Director, Posidonia Exhibitions A rich program of conference ses-
ited Posidonia to meet, S.A, the event’s organizer. sions, focused workshops and
network and do business with more seminars were held at the venue.
than 1,800 exhibitors from 90 coun- “The vote of confidence we receive Chaired by industry leaders and tech-
tries deployed across 40,000 square from our repeat exhibitors is a rec- nical experts, the education events
meters. ognition that gives us the confidence addressed issues, challenges and
and drive to work even harder to fur- opportunities facing the industry.
Prime Minister Alexis Tsipras inau- ther improve the overall experience Posidonia 2016 also hosted the
gurated Posidonia 2016 with Minister of those who honor us with their par- Tradewinds Shipowners Forum at the
of Shipping and Island Policy, Theo- ticipation and attendance every two Posidonia conference hall.
dore Dritsas. The inaugural ceremony years,” he said.
was attended by heads of states, Eu- The Posidonia
ropean Union officials, Greek cabinet Posidonia 2016 was held under Games
members, foreign maritime ministers, the auspices of the Greek shipping
ambassadors, board members of the community and the five major asso- A highly popular part of the Posidonia
Union of Greek Shipowners, chair- ciations representing Greek shipping business social mix, the games appeal
men of international organizations interests: Ministry of Maritime Affairs to the competitive nature of shipping
as well as some 1,800 exhibitors and & Insular Policy, Municipality of Pi- professionals but in a spirit of friendly
delegates from around the world. raeus, Hellenic Chamber of Shipping, rivalry. The Posidonia Games program
Union of Greek Shipowners, Greek included the Posidonia Cup yacht race,
“Posidonia 2016 has managed to Shipping Cooperation Committee, the hugely popular five-a-side Posido-
set new records in floor space, num- Hellenic Shortsea Shipowners Asso- nia Shipsoccer Tournament, the Po-
ber of conferences and seminars as ciation and Association of Passenger sidonia Golf Tournament and the new
well as visitor numbers showcasing Shipping Companies. addition to the Posidonia program, the
the unrivalled appeal the event enjoys Posidonia Running Event.
amongst the world’s maritime com- The next Posidonia event sched-
uled to be held June 4-8, 2018. SUMMER 2016 AEGEAN NEWS 17

POSIDONIA

Aegean 1

at Posidonia 2016

3

24

18 AEGEAN NEWS SUMMER 2016

Aegean was well represented at Posidonia 2016, with two impressive exhibition spaces, for both
Aegean and Hellenic Environment Center.

E xecutives from Aegean Marine We are also proud that Greece, a tions, is dedicated to providing the
Petroleum, Aegean Shipping global leader in shipping, hosts this best service in the market and Posido-
Management, Aegean Oil, Ae- event. The accomplishments of the nia allows us to spotlight our strengths
gean Lubricants, Aegean Agency and Greek shipping industry are well and pioneering role.”
HEC were on hand daily to meet known. The influence of our country
customers from around the world, to in one of the most crucial sectors in 1. Grigoris Rompolakis, George Giotas, Pavlos Ioannidis,
introduce the company and its many the world is reflected in the success George Melissanidis, Maria Kritikou, Ilias Syrros, Mara
products and services to new visitors, of Posidonia and we look forward to Giogaki, and Nikolaos Hondos
and to discuss trends and challenges in even greater success, both at Aegean
today’s market. and in the role of Greece.” 2,6. The Aegean Posidonia 2016 booth
3. G eorge Melissanidis welcomes guests at the Aegean
George Melissanidis of Aegean Rania Atmatzidou-Agiostratitis, of
Shipping said, “Posidonia is a key Hellenic Environment Center, said, booth
event for Aegean. We are able to take “For HEC, Posidonia means commu- 4. Gkratsiela Kladis, Kostas Prearis, Eleftheria Antonellou,
a pulse of the market with face-to- nication with customers and potential
face meetings, renew relationships customers in a professional yet re- and Mary Skafida
with established and new customers, laxed environment, where everyone is 5. J ason Ktenas, Mary Skafida, Gina Panousi, Gkratsiela
showcase our expanding portfolio of focused on new ideas, new projects,
products and services, and forge new and new relationships. Hellenic Envi- Kladis and Gavrilos Paravalos
partnerships. ronment Center, as it expands opera- 7,8. The HEC Posidonia 2016 booth
9. John Agiostratitis, Panagiotis Stamatogiannis, Rania

Atmatzidou, and George Melissanidis

56

7 89

SUMMER 2016 AEGEAN NEWS 19

POSIDONIA

The Aegean Party

A egean once again hosted one of the most impres- ra. The Romanos Orchestra greeted guests with a selection
sive parties of the entire Posidonia week. More of classics dating back to the ‘40s. Then Thanasis Polykan-
than 3000 guests enjoyed an evening of conver- driotis and Syrtaki Dancers provided a traditional Greek
sation, networking, relaxing, dining, cocktails, entertain- identity to the evening followed by Pontian Dancers. The
ment and music until the wee hours of the morning. The Goldsingers followed before the star of the evening, Anto-
event was held June 9 at Balux Prive on the Athenian Rive- nis Remos, entertained the guests with his signature sound.

12

20 AEGEAN NEWS SUMMER 2016

34

56

7

1. Amalia Vardiogianni and Spyros Kapralos
2. Julie Kammenou, Ilias Kammenos, Sophia Sodi, and Panos Kammenos
3. Irene Ntaifas and Antonis Komninos
4. Jenny Melissanidou, Dimitris Melissanidis, and Marianna Latsis
5. George Melissanidis and Eva Kaili
6. Christos Papazis and Hala Khoury
7. Eleonora Meleti
8 8. Aspasia Leventi, Evagoras Leventis, and Vassilis Leventis

SUMMER 2016 AEGEAN NEWS 21

ΠΟΣΕΙΔΏΝΙΑ

9 10

11 12

22 AEGEAN NEWS SUMMER 2016

13 14 15
16 17

19

9. Loukia Matsa, Ileana Evert, Petros Doukas, and Marina Douka
10. Zoe Tsitsani and George Tsavliris
11. Mema Simonetatou and Nikos Agapinos
12. Tawfic Khoury, Dimitris Melissanidis, and Harris Pampoukis
13. Marina Lalioti and Kostas Laliotis
14. Ilias Psinakis and Miltiadis Varvitsiotis
15. Thanasis Kyratsous and Della Rounick
16. Paris Kasidokostas, Eva Kaili, and Miltos Kambouridis
17. Nikos Tsavliris and Maira Tsavliris
18. Kostas Martakis and Erietta Kourkoulou
18 19. Soumela Fotiadou, Stella Lazaridi, Dorothy Papadogiannis, and Mary Skafida

SUMMER 2016 AEGEAN NEWS 23

THE AEGEAN INTERVIEW

Aegean Marine Petroleum—

A Global Leader

Nikolaos Hondos, General Manager of Aegean Bunkering Services Inc., discusses Aegean’s position as the
world’s largest independent physical supplier of bunkers.

How did Aegean Marine Petroleum get its start? of vessels in different, sometime remote, trading areas in
Marine fuels have been the cornerstone and the base on a constantly changing economic environment is by itself
which the network of Aegean was built. It all began in a huge task which requires careful planning of scheduled
1995 when Mr. Dimitris Melissanidis established the first maintenance tasks as well as unforeseen damages or
bunkering station and started to trade marine fuels in the equipment failures.
largest port of Greece, Piraeus. Since then, the expansion of • L ogistics of spares/stores/supplies: The large number of
the company in the international markets commenced and the vessels in the fleet and their varying locations require
the bunkering stations and vessels multiplied spectacularly, extra efforts for their cost effective and smooth, uninter-
leading Aegean to the top of physical suppliers worldwide. rupted supply.
This expansion and broadening of Aegean’s business ac- • Personnel aspects: Proper fleet operation and mainte-
tivities in the international markets and the promising nance of the ships depends, greatly, on the quality of
prospects opening up, together with the new ambitious the shore and onboard personnel. The variety of vessels
plans, led to the foundation of Aegean Marine Petroleum and operating regions poses additional challenges to the
Network, which in 2006 entered in the New York Stock Ex- sourcing of qualified personnel, suitable for the specific
change (NYSE), a development that changed the business tasks at each location.
scene and opened new prospects for Aegean.
Today’s market is challenged with slowed growth and
Today’s fleet is more than 60 vessels. What are the high competition. How would you describe the difficul-
greatest challenges in managing this fleet, based around ties—and Aegean opportunities—of dealing with this
the world? mixture of issues?
• The worldwide expansion and presence in various differ- The market has been in a prolonged state of flux since the
onset of the financial crisis in 2008. The oil and shipping
ent countries around the globe. Station set-up and opera- sectors have been particularly hard hit and as the bunker
tion in countries with completely different business and market effectively sits between both of these industries it
social cultures requires quick adaptation to local customs. means the business has experienced pressure. Aegean has
• The diversification of AMPNI’s operations. Apart from met these challenges by focusing on its core values—pro-
traditional bunkering operations near large ports, the fessionalism of service, competitiveness in price and stra-
trade has expanded to ocean bunkering and chartering of tegic innovation. The combination of Aegean's financial
vessels for the carriage of petroleum products, which in strength, global physical presence, long-term experience
turn require frequent relocation of vessels. and strong strategic management has enabled the group
• Fleet variety. Presently ocean going product tankers, in- to handle the challenging market situation. Additionally,
land self-propelled barges and towed barges are operated Aegean has been uniquely well-placed to identify and react
around the world. The operational and statutory require- to those commercial opportunities that have surfaced as a
ments vary greatly between different vessel types and result of the pressures in the global bunkering and shipping
regions of deployment. industries as shown by new developments which have
• C ost effective technical management and maintenance. expanded the physical network. Aegean believes that it is
Bunkering stations all over the globe and the operation

24 AEGEAN NEWS SUMMER 2016

capable to further consolidate its position as the world's
number one independent physical supplier even in these
tough trading conditions.

There is an increasing concern for Safety and Environmen- Nikolaos Hondos
tal in shipping. How does Aegean address such concerns?
It is Aegean’s policy to provide healthy and safe working con- Aegean remains firmly committed to its
ditions, promote and enhance safety as a work culture, pre- strategic focus
vent loss or human injury and avoid any adverse impact on
the environment (marine or otherwise) including property. confident that it has such partnerships with its shipping
clients and that this will contribute to all parties being able
Besides having a structured Safety & Environmental to successfully navigate the current market difficulties.
Management System to ensure compliance and conformity
with IMO regulations and other applicable national and in- And how do you view the future of Aegean, as it rapidly
ternational regulations, relevant standards and guidelines, expands, most recently in South Africa and South Ameri-
Aegean is also certified against environmental excellence ca and with your new back-to-back capabilities?
with ISO 14001:2009. Aegean is optimistic. The group is confident in its business
model and constantly monitors the markets to identifying
Aegean focuses on: commercial opportunities and innovate new bunkering solu-
• Safe and Secure operations (no loss of human lives or tions that meet clients' needs. The development of the physi-
cal supply station in Algoa Bay (South Africa) is an example
injuries or damage of the ship or her cargo—no security of Aegean's ability to identify trends in global shipping and
violations) bunkering markets and innovate by creating South Africa's
• Environmental friendly operations (i.e. Zero spill and or first physical supply station at anchorage. The Algoa Bay op-
air pollution incidents) eration is an ideal bunkering solution for shipowners and
• Establishing safeguards against identified risks, through operators with tonnage engaged in trans-Atlantic, East-West
proper Risk Management and North-South trades and the response from clients has
• C ontinuously improving Safety Management skills of been overwhelmingly positive. Aegean is currently evaluat-
personnel ashore and aboard ships, including preparing ing new physical supply stations in various South American
for emergencies related to safety of human life, property markets in a further sign of the group's commitment to stra-
and environment tegic expansion and ongoing innovation. The addition of
back-to-back trading on a global basis to complement the
As the largest independent physical supplier in the world, group's worldwide physical supply presence has been the lat-
how does Aegean view the future of the market, especially est step in offering a truly comprehensive range of bunkering
in light of the recent Posidonia exhibition held in Athens? solutions and has been welcomed by customers that trust
Aegean remains firmly committed to its strategic focus on Aegean professionalism and competitiveness.
being the world's largest independent physical supplier and
will continue to innovate to boost that position. We believe
that the consolidation of the bunker sector in the past
decade will continue, creating a market-leading group of
globally-active, high-volume companies with the financial
strength and strategic vision to manage these challenging
markets. Aegean sees itself at the forefront of this group,
benefitting from an expanding global presence in the phys-
ical supply markets and growth in back-to-back trading.
This year's Posidonia underlined the resilience of both the
shipping and bunkering industries after eight challenging
years since 2008. One of the clear messages that emerged
from Posidonia is that shipping and bunkering companies
are partners in facing these market challenges. Successful
long-term partnerships depend on trust, good communi-
cation and high standards of professionalism. Aegean is

SUMMER 2016 AEGEAN NEWS 25

STATIONS OF THE MONTH

The Best Deal

Athanasios Raptis & Co., Thessaloniki

Athanasios’ service station is located in Vassilika, Thessaloniki. We spoke with him about his
business and his collaboration with Aegean.

Please tell us about your business Mr Raptis’ service station
and your area.
Our service station is located in Vas- THESSALONIKI
silika on the Thessaloniki-Polygyros VASSILIKA | 40.485981,23.137961
road. It is a quiet location in the vil-
lage. 90% of our customers are steady Thessaloniki is the second most populous city and area in Greece. The area’s rich
customers from the region. history stretches back to the Hellenistic period. Vassilika is a town of Thessaloniki
that belongs to the municipality of Thermi. The first known mention of the name
The station occupies an area of “Vassilika” dates back to 1094 in a Mount Athos document.
about an acre and includes a car
wash and a lubrication station. We Aegean has recently upgraded and renovated our service
sell Aegean car fuel and lubricants, station
and have two tanker trucks for heat-
ing oil distribution. Distribution is years ago. I was not involved in this What is your impression of your col-
of great importance to us. Each year type of business before. It is a family
we sign up an additional 300-400 business. My children and I work here laboration so far?
customers. and I don’t employ any staff. Our collaboration is excellent. Aegean
supports us. They have recently up-
Are there a lot of service stations in Have you been with Aegean since graded and renovated our service sta-
your area? How do you deal with the the beginning? How did you choose tion. They painted everything and did
competition? What do your clients Aegean? what they had to do to renovate the
think of Aegean fuel? We have been collaborating with Ae- service station. So far, they have been
Five othrt service stations operate gean since the beginning. The reason there to give us what we need and of-
in our area, not too far away from is that they offered us the best deal. fer their help. I would say our rela-
ours. As you can understand, since tionship is ideal.
the town is pretty small, this number
(of service stations) is quite large, so
there is harsh competition. Nonethe-
less, I am confident that customers
prefer our service station. It has to
do with the Aegean brand and their
personal relationship with us. Every-
thing matters. This is how we manage
to survive.

When was this service station estab-
lished? How long have you personal-
ly been in the fuel business?
We opened this service station eight

26 AEGEAN NEWS SUMMER 2016

A Step Forward

Kostas Pagratis & Co., Corfu

Mr. Pangratis’ service station is located in the busiest part of the island, at a distance of one
kilometer from the port and airport of Corfu on Paleokastritsa National Road (Alikes area).
Aegean News spoke with Kostas about his business and his involvement in the field of fuel.

The service station of Mr Pagratis

Have you been involved in the fuel

business for a long time?
I have been actively involved in the
fuel business since 1996. Neverthe-
less, this [service station] is a family
business that was established in 1968.

Iakovos Melissanidis CORFU
welcomed me as a friend. PALEOKASTRITSA NATIONAL ROAD- ALIKES POTAMOU AREA | 39.630672,19.884866
He trusted me. So he won
Located at the entrance of the Adriatic Sea, near the coast of Agii Saranda (Albania),
me over. Corfu is the second largest of the Ionian Islands and forms the northwesternmost part
of Greece. Renowned for its beauty, Paleokastritsa, a coastal village northwest of the
Please talk to us about your service town of Corfu, lies just south of the Byzantine castle Angelokastro. Scholars argue
station. that Paleokastritsa was the ancient capital of Corfu where Nausicaa found Odysseus.
We sell car fuel, car lubricants, and
heating oil. We also run a car service Iakovos Melissanidis. Straight talk. He How does your clientele respond to
station and a coffee shop. On the side welcomed me as a friend. He trusted the Aegean brand?
we also run a company called Corfuel me. So he won me over. In the beginning the Aegean brand
(www.corfuel.com) active in fuels and seemed strange to them, as it was not
yachting services. How is your collaboration with Aege- well known on the island. But they
an today? trusted us and they were happy with
When did your collaboration with Our cooperation is very good. We the fuel quality. Now they are telling
Aegean start? proceed looking forward. us that we should have switched over
Approximately two years ago. to Aegean years ago.
Talk to us about your customers.
What made you decide to trust Ae- After so many years in this field we Is there a lot of competition in your
gean? have built a strong relationship with area? How do you deal with it?
Everything was a matter of timing. I our clients. We are there for them and There is a lot of competition from vari-
had to take a step forward. I studied they support us. We have a large clien- ous companies. We are who we’ve al-
Aegean’s course from 1995 on and I tele base and strive to overcome the dif- ways been. We don’t do something dif-
spoke with company representatives. ficulties of our time by helping them as ferent. The Aegean brand takes care of
They were willing to answer all my much as we can. And they reciprocate. the rest.
questions "without expecting any-
thing from me,” as they told me. And
of course the "icing on the cake" was

SUMMER 2016 AEGEAN NEWS 27

MARITIME TRADITION

The Traditional Boat
Association of Greece

Reviving and Preserving Maritime Tradition since 1999

In November 1999 25 lovers of the old Greek shipbuilding art founded a cultural group
under the name "Friends of Traditional Boats" in Perama, Attica. In 2014 the group was
renamed and is now known as "The Traditional Boat Association of Greece.”

T he Traditional Boat Asso- the extinction of traditional boats The boat show also included two
ciation of Greece aims first through the practice of subsidies. To musical evenings with traditional
and foremost to preserve old stop this practice they are trying to island music, as well as two exhibi-
wooden hulls (such as Trehandiri, introduce a program that will allow tions: the exhibition of photographs
Karavoskaro, Perama, Tserniki and them to salvage and restore more tra- by American photographer Robert A.
others) and restore them. The asso- ditional hulls, which are historic mon- Mc Cabe, entitled "Aegean Boats 1954
ciation also promotes laws that favor uments, through private ownership. - 1964" at the Citronne Gallery and a
the use of traditional boats for tour- painting exhibition by Chrysa Dela-
ism and favor traditional boat yards. Traditional Boat Show porta. There was also an impressive ex-
In addition, they work to protect the hibition of boat paintings by the pupils
marine environment. One of their As part of their attempt to preserve of the Poros primary school.
goals is to establish a maritime mu- and promote Greek maritime tradi-
seum of traditional boats. The asso- tion, the Traditional Boat Association The man of honor this year was the
ciation also takes pride in their effort of Greece organized in May 2016 the boat builder Stavros Tsikis who has
to teach young people traditional 4th Traditional Boat Show on the is- built and repaired countless kaikis in
sailing techniques and traditional land Poros, in collaboration with the Poros, many of which are still sailing
boat building. island’s Municipality and the Munic- on the Aegean Sea.
ipal Port Authority. Visitors had the
At the EU level, association mem- opportunity to see rare traditional We thank the Traditional Boat Association of Greece for
bers have been trying to bring to wooden hulls decorated with flags kindly providing the material for this article. For more
the attention of the European Union and pennants. information please visit the association’s website at
http://www.traditionalboats.gr as well as their page on
Facebook: www.facebook.com/traditionalboatshow.gr/

28 AEGEAN NEWS SUMMER 2016

TRAVEL WITH AEGEAN

Μilos

Known since prehistoric times, Milos is located in the Western Must See
Cyclades and has features different than most Cycladic islands.
Its volcanic nature and unparalleled natural beauty, rich history, Milos Castle Built on the hill of Prophet Elias
great food and friendly people make Milos an incomparable in the town of Plaka, the Castle was created
summer destination. during the reign of the Duchy of Naxos and
has no walls, but like most castles in the Cy-
Because of Obsidian, a precious mineral of the Stone and Bronze Age, clades is a fortified settlement.
Milos has been popular since the prehistoric years. The intense vol-
canic activity gave Milos its current geological features that are full Museums Milos has five museums. Two stand
of contrasts and compose the exceptional beauty of the island. out: the Archaeological Museum, which has a
copy of the statue of Aphrodite of Milos, and
Venus de Milo the Mining Museum, which presents the min-
ing history of Milos since prehistoric times.
The famous statue of Aphrodite of Milos was discovered by a Greek farmer
in a field at the archaeological site in the village of Klima. Today the statue The Catacombs of Milos
is located at the Louvre Museum in France. It is an incomparable model of
femininity and female beauty, known throughout the world. The catacombs of Milos are a unique Christian
monument of great historical importance,
Aegean service station since it functioned as a cemetery on Milos in
the early years of Christianity.

Kleftiko Beautiful volcanic rock formations
and deep blue waters characterize Kleftiko,
a former anchorage of pirates and thieves on
the south side of the island. Visitors can reach
this beautiful cove only by boat from the vil-
lages of Adamas and Kipos.

Sarakiniko On the north side of Milos lies a
beautiful geological peculiarity. Volcanic ac-
tivity millions of years ago and erosion from
the north winds and the sea have sculpted a
unique lunar-like landscape that promises lov-
ers of the sea an unforgettable experience.

Klima This is the most picturesque of all the
traditional villages of Milos. The colorful hous-
es next to the blue-green sea offer the visitor
a unique experience.

SUMMER 2016 AEGEAN NEWS 29

CHILDREN AND THE ENVIRONMENT

I Protect the Environment-I Safeguard my Future

By 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.

The Lost Kingdom
of Cleopatra

30 AEGEAN NEWS SUMMER 2016

Many advanced ancient civilizations ended due to earthquakes ander the Great’s death.
or other natural disasters. Precious objects and ruins of ancient It is commonly believed that an earthquake and tidal waves
cities are lost in the depths of lakes, seas and oceans worldwide. destroyed Cleopatra’s empire.
Such is the lost kingdom of Cleopatra, which was discovered A team of marine archaeologists, led by Frenchman Franck
buried beneath the deep waters. Goddio, began excavating the ancient city in 1998. Historians
Lost for 1,600 years, the royal quarters of Cleopatra were dis- believe earthquakes and tidal waves submerged the site, yet as-
covered off the shores of Alexandria. Cleopatra VII Philopator tonishingly, several artifacts remained largely intact. Among the
(69 – August 12, 30 BC), known to history as Cleopatra, was discoveries were the foundations of the palace, shipwrecks, red
the last pharaoh of Ancient Egypt. granite columns, and statues of the goddess Isis and a sphinx. It
She was a member of the Ptolemaic dynasty, a family of Greek is a truly amazing underwater site for archaeologists who have
origin that ruled Egypt during the Hellenistic period after Alex- so far discovered 20,000 sunken treasure objects.

I BECOME INFORMED - I INFORM OTHERS - I ACT

SUMMER 2016 AEGEAN NEWS 31

Aegean Energy for the Future

Aegean is Greece's most dynamic energy, petroleum, and shipping group. The company has a network of retail gas
stations throughout Greece, is active in marine fuels and lubricants, and operates a fleet of tankers and barges inter-
nationally and domestically to transport petroleum and bunkers for its global base of clients.

RETAIL MARKET

Through its fast-growing network of gas stations, Aegean supplies drivers in Greece with gasoline and automotive
lubricants. Aegean’s modern, well-maintained gas station network has won the trust of drivers due to the high quality
products and services it offers at competitive prices. In addition, Aegean directly supplies large industrial clients with
petroleum products of all grades, owing to the consistency and service of its transactions.

BUNKER FLEET

NYSE listed Aegean Marine Petroleum Inc., with an exclusively double hull fleet—of which nine ships are newbuild-
ings—is the natural supplier of marine fuels at 12 of the most significant ports in the world. Furthermore, with its
22 newbuildings program in progress and the continuous opening of new stations, it is one of
the most dynamically developing divisions Of the Aegean Group.

BUNKERING

Aegean provides one of the most efficient and responsive bunkering services to
clients worldwide. Its ships never stop sailing and its services are available 24
hours a day, 365 days a year. Aegean operates bunkering stations in Piraeus and
Patras, and in Gibraltar, Amsterdam-Rotterdam-Antwerp, Fujairah, Jamaica,
Singapore, Trinidad & Tobago, Portland UK, Vancouver and Montreal, Mexico,
Tangiers, Las Palmas and Tenerife, Panama, Barcelona, Algeciras, Baltimore,
Philadelphia, New York, Norfolk, Charleston, Los Angeles and Long Beach,
Hamburg, the Gulf of Mexico, St. Petersburg, South Africa and Brazil. All its
products are ISO 8217 certified. The Company, which is a member of IBIA and
is ISO 9001 certified, is well positioned on the FOBAS White List.

SHIPPING

Aegean's fleet of ships is at the heart of its superior service worldwide. Its vessels
operate in full compliance with EU and international standards, are all certified by
ISM, ISPS and MLC as well as with ISO 9001, 14001, 18001 and 50001 and are in
complete compliance with SOLAS and MARPOL regulations. Aegean continually adds to its
fleet of ships, which transports oil cargoes worldwide on behalf of major oil companies,
commercial clients, and Aegean customers. Its new GreenFleet (http://www.green-
fleet.gr) incorporates the latest technologies to ensure reduced operating costs
and reduced emissions, while increasing overall performance.

LUBRICANTS

Aegean produces and markets high performance lubricants for vehicles and
industrial use under the Aegean brand and, for the marine market, under the
ALFA brand. ALFA marine lubricants are certified and approved by the largest
marine engine manufacturers in the world.
The resources of our company and our follow–up service create our success-
ful relationships and allow Aegean to supply lubricants in more than 550
ports worldwide.

ENVIRONMENT-HEC

The Hellenic Environmental Center collects, transports and processes oil residues
from ships and land units (industrial, shipyards), while it also manages all liquid resi-
dues produced by ships.
In order to carry out its work HEC has the most state-of-the-art equipment, consisting of floating
separators, a fleet of pollutant-collecting tankers, and well-equipped tank trucks.
HEC acts to protect the marine environment and at the same time contributes significantly to the saving of energy
with the recycling procedures it uses to transform the reclaimed pollutants into energy resources.

TRADING

Aegean is dynamically active in the trading of crude oil and petroleum products worldwide. The Trading Department
is comprised of dedicated and professional individuals who combine high level expertise and a great many years of
experience in the oil industry. Petroleum products are supplied to a broad spectrum of customers who comprise the
company's portfolio. Aegean has acquired its credibility from the high quality of the services it provides to suppliers
and ship owners, a fact that supports the company’s ambitions for the achievement of long-range goals in the energy
sector worldwide.

Aegean’s websites
www.aegeanoil.com
www.ampni.com

32 AEGEAN NEWS SUMMER 2016