Official committee’s total debt amounts to $293,115,755, or 97.9%, of Aegean’s top 28 creditors.
CEO concerned on quality and availability of marine fuel outside bunkering hubs moving closer to 2020.
Bunker prices continuing to increase since fourth quarter of 2017, even though freight rates are recovering.
Bunker fuel prices reached $445 per metric tonne in the third quarter, up from $311 from a year earlier.
Forward markets indicate bunker prices will increase by a further 4.9% in Q4 2018 compared to Q3 2018.
Zhang Jianhua took over ex-Petrochina Director and President Wang Dongjin who resigned in April.
380 cSt grade sales dip 2.6% from 3.07 million mt in October 2017 to 2.99 million mt in October 2018.
Intends to organise a hearing of the winding up application at 10.00 am on 23 November, 2018.
Adds northwest Europe, New York Harbor, and US Gulf coast bunker price assessments to portfolio.
Incentra ‘very satisfied’ with excellent cooperation with the marine lubricants company, says spokesman.