The operation is being managed by Aegean’s German subsidiary, OBAST Bunkering & Trading GmbH (Rostock) in partnership with local tank farm operator, UTG – Unabhängige Tanklogistik GmbH.
Aegean says that the new station is located directly on the Baltic Sea entrance to the Kiel Canal and “represents an ideal physical supply station for shipping transiting the canal and working in the wider regional market”.
In Kiel, Aegean will deliver a full range of fuel grades including
RMG 380, ULSFO-RMD 80 and Gasoil DMA (density max. 860,0).
All deliveries will be made ex-pipe from the installation.
“The Kiel facility represents the Aegean Group’s third storage location in Germany alongside the exclusive use of tanks in Nordenham on the River Weser and with Vopak in Hamburg” said Aegean’s president, Jonathan Mcilroy. Meanwhile the company confirmed that it had ceased physical supplies in Singapore following its decision last year that the market there was not sufficiently profitable.