Aegean News 2013 AEGEAN
Global Aegean Network
Michalos President, Athens
Chamber of Commerce and Industry (ACCI)
PlusFlows & Currents
Travel with Aegean
Aegean NewsSUMMER 2013
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
New Aegean StationAlgeciras, Spain
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SUMMER 2013 AEGEAN NEWS 1
Todays globalized world offers a wealth of op-portunity. At the same time, risk and uncertainty are constant companions. The price of oil, or gold, for instance, can fluctuate quickly as international events prompt immediate reactions in the markets.
Likewise, we are uncertain about future energy stores. Is peak oil a real concern? Are there, perhaps, untold carbon energy deposits to last us for centuries?
Will new technologies rapidly take their place along side our current stand-bys? Or replace them?
Such uncertainty requires that successful companies hedge their betsplan for the best but prepare for the worst.
One of the most valuable characteristics to employ, in order to operate at optimal levels in such an environment, is strategic foresightcalculated plan-ning with a number of scenarios on the table.
Aegean, in its steady expansion, in both Greece and internationally, has made the habit of looking beyond what todays headlines report. Aegean understands that oil at 100 dollars requires a different approach than oil at 200 dollars.
Environmental protection means being prepared for disaster while cultivat-ing best preventive practices. It is clear that in shipping, for example, safer and stronger will be global requirements, not just regional ones.
Building in flexibility to long-range planningwith multiple scenariosis key to managing risk and uncertainty. Anticipating fragility in the markets, and building anti-fragile support systems, is not an easy task, nor does one always get it right.
But being cognizant of timing, recognizing opportunity, and, as we have said, employing foresight, are powerful practices that can help balance risk and manage uncertaintyvaluable in todays unpredictable market.
AEGEAN OIL has established a gas sta-
tion network throughout Greece, and is
one of the fastest growing companies
in the retail market. AEGEANS gasoline
market share in Greece is 8%.
Shipping AEGEAN SHIPPING manages a fleet of
tankers, ranging from 3,500DWT to
100,000 DWT, that transfers and delivers
oil to our clients throughout the world. All
ships meet ISM standards.
Bunkering In Piraeus, Patras, Gibraltar, Amsterdam-
Rotterdam-Antwerp, Fujairah, Jamaica,
Singapore, Trinidad & Tobago, Portland
UK, Vancouver, Montreal, Mexico, Tangiers,
Tema in Ghana, Las Palmas and Tenerife,
Panama, and Hong Kong, AEGEAN MARINE
PETROLEUM is a leader in providing the
best bunkering services available. AEGEAN
MARINE PETROLEUM is the market leader
Agency Services Ships from around the world rely on AEGE-
AN AGENCY services at Piraeus, Gibraltar,
and Jamaica, from loading and discharg-
ing, 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.
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Aegean News iPad version is now available at the app store.Enhanced with video, more photos,and interactive content!
You're on the move. So are we.Get Aegean News wherever you are.
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SUMMER 2013 AEGEAN NEWS 3
4 AEGEAN UPDATE
10 INTERNATIONAL OUTREACHHEC at the 28th IAPH Conference
11 2013 ACCI AWARDSACCI awards Aegean
12 FLOWS AND CURRENTSTrends and News in the Oil and Energy Fields
14 BUNKERINGAegean at the Port of Algeciras
20 STATIONS OF THE MONTH Thomas Zarchanis and Chris Kalopoulos,
Galatsi, Attica Panagiotis Efstathiou, Glikovrissi, Lakonia
22 MARINE LUBRICANTSAegean Marine Lubricants Global Network
24 INTERVIEWConstantine Michalos, President of the Athens Chamber of Commerce and Industry (ACCI)
26 ROOTSThe Antikythera Shipwreck
27 TRAVEL WITH EGEANLefkada
28 CHILDREN AND THE ENVIRONMENTThe Story of Energy Chapter II
30 AEGEAN COLLECTIONStep Out in Style
24 Constantine Michalos, President of the Athens Chamber of Commerce and Industry (ACCI), talks to Aegean News
4 Aegean maintains a strong presence at industry events 14 New Aegean Station at Algeciras, Spain
Summer 2013Aegean News is published quarterly by AEGEAN
PUBLISHER & MANAGING EDITORRaymond Matera
ASSISTANT EDITORAlexandra Loli
PRINTING AND BINDINGKorifi Publications SA
OWNERAegean10 Akti Konydli185 45, Piraeus, GreeceTel: +30 210 458 6000Fax: +30 210 458 6241E-Mail: email@example.comWebsites: www.aegeanoil.gr,www.ampni.com
Comments and suggestions are welcome.
Aegean News is free of charge and is available, subject to availability, to any interested person or organization.
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4 AEGEAN NEWS SUMMER 2013
Spyros Fokas accepts the award from Andreas Andreadis, President of SETE, on behalf of Dimitris Melissanidis
Posidonia Sea Tourism ForumThe second Posidonia Sea Tourism
Forum took place at the Megaron
Music Hall in Athens on May 28-29,
2013. Aegean was present with a
Piraeus HQ bunkers traders booth at
the entrance of the conference hall.
The large exhibition space gave
Aegean the opportunity to have a
strong presence at this forum, which
was the ideal marketing platform,
as ports, tourist service providers,
technical support companies, new
technologies, yacht managers, brokers
and marina representatives attended.
By exhibiting at the Posidonia Sea
Tourism Forum, Aegean once more
promoted its business plan and identi-
fied potential partners.
The conference consisted of special-
ized sessions on cruising, yachting
and coastal shipping. The subjects
of discussion were industry develop-
ment and growth strategies in the
East Mediterranean, European cruise
market growth and demand for the
region, port privatization, cruise mar-
keting and sales, and prospects for
new market development and regional
The 2013 Posidonia Sea Tourism
Forum was a unique platform for new
investment opportunities, meeting the
leaders of this industry, and demon-
strating Aegean's' excellent bunkering
service in the yachting sector.
Diamonds of the Greek Economy 2013 During a Stat Bank annual event entitled Diamonds of the Greek Economy 2013, the orga-
nizers awarded healthy, growing businesses in Greece. Representatives of major companies
reported on the actual capabilities of business in Greece and the need for an immediate re-
start of the economy. Stat Bank set ten strict economic criteria and, based on those, awarded
companies that survived the crisis and are able to support the much-needed development of
the Greek economy.
The organizers honored Dimitris Melissanidis in a crowded room with over 300 people, in-
cluding presidents, CEOs, and senior executives of major Greek and multinational companies.
The award was accepted on behalf of Mr. Melissanidis by Mr. Spyros Fokas. The coordinator
of the event said: "Mr. Melissanidis never ceases to amaze us. After a spectacular course
that drove him, according to Lloyds, to be among the 100 most important people of world
shipping, he made yet another important move. He participated in the consortium that took
over OPAP, thus linking his company to the attempt to restart Greek business life. Andreas
Andreadis, president of SETE, will deliver this award to Mr. Fokas who will accept on behalf of
Mr. Melissanidis. We then invite him to take the stage."
A E G E A N U P D A T E
Aegean booth view
Logging OnCustomers and associates may log on at:www.aegeanoil.comCustomers and associates of Aegean Marine Petroleum may log on at: www.ampni.com
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SUMMER 2013 AEGEAN NEWS 5
Aegean NWE NV Supports Local Football Youth Team
In the spirit of "healthy mind in a healthy body," Aegean has always supported sports. Aegean NWE NV is proud to be the shirt-sponsor of the local Under 8 ST-JOB youth team in an effort to support local community activities since 2012. This team is one of the youth teams of KFC ST-JOB (Belgian 4th division) and they had a superb 2012-2013 season. They won two tournaments and only lost four games during the