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Shipping M&A image Shipping M&A » By The Online Investor Staff, updated Sun., May. 20, 11:06 PM Recent mergers and acquisitions in the Shipping M&A category.

Slide #1. Aegean Marine Petroleum Inc. Hess Corporation's U.S. East Coast Bunkering Business

Acquirer: Aegean Marine Petroleum Inc. (ANW)
Acquiree: Hess Corporation's U.S. East Coast Bunkering Business (HES)
Details: Aegean Marine Petroleum Network Inc. (NYSE: ANW) ("Aegean" or the "Company") today announced the completion of the previously announced acquisition of the U.S. East Coast bunkering business of Hess Corporation (NYSE: HES).

Aegean Marine Petroleum Network is a holding company. Through its subsidiaries, Co. markets and physically supplies refined marine fuel and lubricants to vessels. As a physical supplier, Co. procures marine fuel from refineries, major oil producers and other sources and resells and delivers these fuels using Co.'s bunkering vessels to a broad base of end users, including oil tankers, container ships, drybulk carriers, cruise ships, reefers, LNG/LPG carriers, car carriers, ferries, marine fuel traders, brokers and other users. As of Dec. 31, 2016, Co. owns a fleet of 45 bunkering vessels, all of which are double-hulls, and Co. charters in 13 bunkering vessels, all of which are double-hulls.

Open the ANW Page at The Online Investor »

Aegean Marine Petroleum Network is a holding company. Through its subsidiaries, Co. markets and physically supplies refined marine fuel and lubricants to vessels. As a physical supplier, Co. procures marine fuel from refineries, major oil producers and other sources and resells and delivers these fuels using Co.'s bunkering vessels to a broad base of end users, including oil tankers, container ships, drybulk carriers, cruise ships, reefers, LNG/LPG carriers, car carriers, ferries, marine fuel traders, brokers and other users. As of Dec. 31, 2016, Co. owns a fleet of 45 bunkering vessels, all of which are double-hulls, and Co. charters in 13 bunkering vessels, all of which are double-hulls.

Open the HES Page at The Online Investor »

Company Name: 
Aegean Marine Petroleum Network Inc
Stock buyback: 
ANW buyback
Website: 
www.ampni.com
Sector: 
Oil & Gas Equipment & Services
Number of ETFs Holding ANW: 
2
Total Market Value Held by ETFs: 
$2.31M
Total Market Capitalization: 
$114.00M
% of Market Cap. Held by ETFs: 
2.03%
Company Name: 
Hess Corp
Stock buyback: 
HES buyback
Website: 
www.hess.com
Sector: 
Oil & Gas Exploration & Production
Number of ETFs Holding HES: 
74
Total Market Value Held by ETFs: 
$2.47B
Total Market Capitalization: 
$19.59B
% of Market Cap. Held by ETFs: 
12.60%
 

List of Shipping Mergers & Acquisitions in this Slideshow:

9/4/2012:
Acquirer: Kirby Corporation (KEX)
Acquiree: Allied Transportation Company
Merger/Acquisition details: details »

10/11/2012:
Acquirer: International Shipholding Corporation (ISH)
Acquiree: United Ocean Services
Merger/Acquisition details: details »

11/1/2012:
Acquirer: Radiant Logistics, Inc. (RLGT)
Acquiree: Marvir Logistics
Merger/Acquisition details: details »

11/28/2012:
Acquirer: Kirby Corporation (KEX)
Acquiree: Penn Maritime Inc.
Merger/Acquisition details: details »

11/30/2012:
Acquirer: International Shipholding Corporation (ISH)
Acquiree: U.S. United Ocean Services, LLC
Merger/Acquisition details: details »

12/27/2012:
Acquirer: Matson, Inc. (MATX)
Acquiree: Assets of Reef Shipping
Merger/Acquisition details: details »

1/2/2013:
Acquirer: Radiant Logistics (RLGT)
Acquiree: International Freight Systems
Merger/Acquisition details: details »

7/12/2013:
Acquirer: KNOT Offshore Partners LP (KNOP)
Acquiree: Carmen Knutsen
Merger/Acquisition details: details »

8/1/2013:
Acquirer: KNOT Offshore Partners LP (KNOP)
Acquiree: Carmen Knutsen
Merger/Acquisition details: details »

10/1/2013:
Acquirer: Radiant Logistics (RLGT)
Acquiree: On Time Express, Inc.
Merger/Acquisition details: details »

11/12/2013:
Acquirer: Aegean Marine Petroleum Network Inc. (ANW)
Acquiree: Hess Corporation's U.S. East Coast Bunkering Business (HES)
Merger/Acquisition details: details »

12/5/2013:
Acquirer: Golar LNG Partners LP (GMLP)
Acquiree: Ownership interests in the company that will own and operate the Golar Igloo
Merger/Acquisition details: details »

12/19/2013:
Acquirer: Aegean Marine Petroleum Inc. (ANW)
Acquiree: Hess Corporation's U.S. East Coast Bunkering Business (HES)
Merger/Acquisition details: details »

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