Friday, January 23, 2009

Trader Demand For Energy Tankers To Benefit Aegean Marine

Given a ban of a significant portion of single hull bunkering tankers, Aegean Marine Petroleum Network (ANW-$16.54) believes that the number of bunkering tankers worldwide will decline significantly. In addition to filling a portion of the market currently serviced by single hull vessels, Aegean will likely be able to leverage its earning power by capitalizing on the growing demand for marine fuel deliveries to traders storing oil in tankers at sea…. Read More….

Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.

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