aegean news · 2012. 6. 14. · 16 ioannis sgouros, gazi, heraklion crete: “the key to...

34
Interview Athanasios Reizopoulos Germanischer Lloyd Aegean Shipping Paperless Office Lubricants The Stages of Quality Control Plus Flows & Currents Travel with Aegean Aegean News WINTER 2011-12 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 Clean Seas and Aegean A Vital Partnership

Upload: others

Post on 26-Aug-2020

7 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

Καθαρές Θάλασσες και Aegean

Μια Σχέση Ζωτικής Σημασίας

ΣυνέντευξηΑθανάσιος

ΡεϊζόπουλοςGermanischer Lloyd

AegeanShipping Τέλος στο

Χαρτοβασίλειο

Λιπαντικά Τα Μονοπάτια του Ποιοτικού

Ελέγχου

ΑκόμηΤάσεις & Εξελίξεις

Ταξίδια με την Aegean

Aegean Newsχειμωνασ 2011-12

ΤΟ ΤΡΙΜΗΝΙΑΙΟ ΠΕΡΙΟΔΙΚΟ ΤΗΣ AEGEAN

InterviewAthanasios Reizopoulos

Germanischer Lloyd

Aegean Shipping Paperless

Office

Lubricants The Stages of

Quality Control

PlusFlows & Currents

Travel with Aegean

Aegean NewsWINTER 2011-12

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

Clean Seas and Aegean

A Vital Partnership

Page 2: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician
Page 3: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS �

Ever since the Ancient Greeks the sea has been in-strumental in commerce, trade, and relations among states. For centuries, sea power has been synonymous with sovereign power. Today, sea power is greatly de-fined through commercial shipping and, by extension, the power of the sea is preeminent in global trade.

Aegean has assumed a pivotal role in supplying bunkers to the global shipping community. Aegean Marine Petroleum (NYSE:ANW) supplies bunkers around the world from its stations in North America, Central America, Europe, the Middle East, Africa, and Asia.

Since shipping accounts for 90% of international trade, the sea, as well as fresh water bodies that support vessels, are vitally important ecosystems for the transit of goods.

All stakeholders in this interconnected system of nature and commerce have a responsibility to safeguard and protect the source of movement and what we now know to be the source of life itself.

That is why Aegean assumes a leading role in its approach toward environ-mental stewardship and ensures its vessels meet and exceed all international standards and requirements.

Through ISO 14001 certification, Aegean Marine Petroleum commits itself to upholding the strictest policies and procedures related to environmental standards. In addition, Aegean’s Hellenic Environmental Center (HEC) plays a leading role in protecting the sea from shipping-generated pollution and is a leader in innovative services to the shipping industry.

The sea is a common global resource. It must remain a healthy fountainhead of trade and commerce as well as a shared ecosystem that provides fulfillment and enjoyment for all.

editorialRetailàAEGEANOILhasestablishedagassta-

tionnetwork throughoutGreece,and is

one of the fastest growing companies

intheretailmarket.AEGEAN’Sgasoline

marketshareinGreeceis10%.

ShippingàAEGEANSHIPPINGmanagesafleetof

tankers,rangingfrom3,500DWTto

100,000DWT,thattransfersanddelivers

oiltoourclientsthroughouttheworld.All

shipsmeetISMstandards.

BunkeringàInPiraeusandPatras,andinGibraltar,

Amsterdam-Rotterdam-Antwerp,Fujairah,

Jamaica,Singapore,Trinidad&Tobago,

PortlandUK,VancouverandMontreal,

Mexico,Tangiers,TemainGhana,LasPal-

masandTenerife,PanamaandCapeVerde,

AEGEANMARINEPETROLEUMisaleader

inprovidingthebestbunkeringservices

available.AEGEANMARINEPETROLEUM

isthemarketleaderinbunkering.

Agency Servicesà ShipsfromaroundtheworldrelyonAEGE-

ANAGENCYservicesatPiraeus,Gibraltar,

andJamaica,fromloadinganddischarg-

ing,tosparepartsandsupplies.

Lubricantsà AEGEANOILproducesandmarketshigh

performancelubricantsforvehiclesand

industrialuse,undertheAEGEANbrand

andAEGEANMARINEPETROLEUMtrades

andsupplieslubricantsforthemarine

marketundertheALFAbrand.

AegeanCore Activities

RAymoNd mATERAPublisher

Page 4: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician
Page 5: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS �

4 AEGEANUPDATE

9 CHRISTMASPARTYFORTHECHILDREN

10 FLOWSANDCURRENTSTrendsandNewsintheOil

andEnergyFields

12 AEGEANSHIPPINGMANAGEMENTPaperlessOffice

14 LUBRICANTSTheStagesofQualityControl

16 STATIONSOFTHEMONTHIoannisSgouros,Gazi,HeraklionCrete

ApostolosKosivas,Trikala

18 RETAILTipsforEconomicalandSafeDriving

20 ENVIRONMENT—THESEACleanSeasandAegean:AVitalPartnership

24 INTERVIEWAthanasiosReizopoulos—GermanischerLloyd

26 CHILDRENANDTHEENVIRONMENT

28 TRAVELWITHAEGEANMesologgi

29 MARITIMETRADITIONHeraklion—ThePort

30 AEGEANCOLLECTION StepOutinStyle

24 Mr.AthanasiosReizopoulos,ofGermanischerLloyd,speakstoAegean Newsabouttheenvironment,ISO14001certification,andAegean

14 ThenewqualityobjectiveoftheQualityControlLaboratoryofAegeaninAspropyrgosisaccreditationasperISO17025

16 IoannisSgouros,Gazi,HeraklionCrete:“The key to cooperation with Αegean is communication”

AEGEANMARINEPETROLEUM

contents

Winter 2011-2012Aegean Newsis published quarterly by AEGEAN

Publisher & Managing editor Raymond matera

design Snack

Printing and binding Korifi Publications SA

owner Aegean 10 Akti Konydli 185 45, Piraeus, Greece Tel: +30 210 458 6000 Fax: +30 210 458 6241 E-mail: [email protected] Websites: www.aegeanoil.gr, www.ampni.com

Commentsandsuggestionsarewelcome.

Aegean News isfreeofchargeandisavailable,subjecttoavailability,toanyinterestedpersonororganization.

CodE: 5169

PleaseRecycle

Page 6: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

� AEGEAN NEWS WINTER 2011-2012

New Stations in Aegean’s Retail NetworkTheAegeannetwork isgrowingthrough-outthecountry.Listedbelowarethesta-tionsthathavestarteddisplayingtheAe-geanLogoduringthepastthreemonths.

�� HALANDRIOU, AGIA PARASKEVI ANASTASIoS ASmAToGLoU & Co.

��6-��8 LAODIKEIAS, NIKEA ΚΑΤΙΝΑ ΚOTOULA

LIVADIA, SERRES PANAGIoTIS-FoTIoS KyPIRTIdIS

LITOHORO, PIERIA ELENI GASdoGA

ARDASSA, PTOLEMAIDA dESPINA VASILIAdoU

270km ATHENS-THESSALONIKI SEA ALmyRoS

270km THESSALONIKI - ATHENS SEA ALmyRoS

A e g e A n U p d A t e

Aegean Commences Bunkering Operations in Fnideq Anchorage

Aegean Marine Petroleum, in the beginning of

December 2011, announced the immediate

commencement of bunkering operations at

Fnideqanchorage inNorthMorocco,expanding

Aegean’spresenceinthisstrategicmarketonce

again.TangerMedisasignificantnewportwhich

lieson theNorthAfricanCoastat theWestern

entrance to the Straits of Gibraltar where the

Mediterranean meets the Atlantic Ocean and

Fnideq anchorage is situated 20 miles south

of Gibraltar Eastern anchorage, just below the

Spanishenclaveof‘Ceuta’inMorocco.

The area, about two miles from shore, is well

protectedbynorth,westandsouthwinds,witha

draftvaryingfrom30metersto100meters(1

to4shackles).Itisalsoa‘waitingfororder’area

whereshipscananchor.

Fnideqanchoragecoordinatesarethefollowing:

35.51.7N/005.20.1W–35.51.7N/005.18.7W

35.46.4N/005.20.1W–35.46.4N/005.19.1W(SHOMnumber7433orEnglishequivalent)

All grades of marine fuel oil—high and low sulphur and MGO—are available and ISO

8217/2010specificationsareguaranteed.Offerswillbequotedonadeliveredbasis(includ-

ingbarging).AllbunkerdeliverieswillbeconductedbyAegean’smoderndouble-hull new

buildingtankers.Currentcapacityperbargeis5100mtsinfuelsand550mtsinMGOwitha

pumpingcapabilityof300-500mt/hr,operating24hoursaday/7daysaweek.

Aegean,byexpandingitspresenceatFnideqanchorage,canmeetanyrequirementintheentire

area,includingGibraltar,TangerMed(inportandatanchorage)andFnideq(southofCeuta).

Logging OnCustomersandassociatesofAegean

mayvisitthecompany’swebsite,www.

aegeanoil.gr,tolearnaboutthecom-

pany’sactivities.Bunkeringcustomers

mayregisteronlinetoconductbusiness

andmaintaincontactwiththebunker-

ingdepartmentatwww.ampni.com.

Page 7: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS �

A e g e A n U p d A t e

Health Day at Aegean HeadquartersAegean, in its constant efforts to educate its staff on issues regarding health and well-being, hosted a one day conference entitled “Education on a Healthy Way of Life Day” on Friday, December 2, 2011. The conference took place in the amphitheater of the company’s headquarters in Piraeus and was held with the collaboration and scientific supervision of the Institute of Prevention-Nutrition and Health. Speakers at the conference included the President of the Institute and special pathologist-nutritionist, Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician Antonis Makris. During the conference, the distinguished speak-ers informed Aegean’s staff on issues of health, nutrition and disease prevention.

Aegean Blood BankOnDecember9,2011,amobileBloodDonationunitoftheHel-

lenicRedCrosscametoAegean’sAspropyrgosInstallationand

volunteers fromAegean’sstaffdonatedblood to reinforce the

AegeanBloodBank.Theparticipationwasremarkable!

TheHellenicRedCross,ontheoccasionofthe4thblooddona-

tionduringthepasttwoyears,offersdonorsbloodtestsfreeof

chargeonceayear.

Colleagueswhodonatedblood:

DionisisAlexopoulos,ChristosVasilopoulos,GeorgeGakis,Kos-

tasGlykos,MiltiadesEleftherakos,NikolaosZorzos,FotisKala-

maras,DimitrisKamenidis,ElviraLila,TheodorosMaindanopou-

los, Spyros Mavrakis, Panayiotis Misailidis, Kostas Papadakis,

Paraskevas Paraskevas, George Pavladakis, Andonis Pavlakis,

StamatisRoditis,DionisisSymeoforidis,KostasFloudopoulos.

Page 8: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

6 AEGEAN NEWS WINTER 2011-2012

Aegean in Tenth Place Among Singapore’s Top 20 Suppliers The Maritime and Port Authority of Singa-pore (MPA) listed Singapore's 20 leading accredited bunker suppliers by volume for 2011, among which Aegean Bunkering placed 10th.The following list shows the leading 20 suppliers by volume in 2011, as published by the MPA: 1 BP Singapore Pte Ltd

2 Brightoil Petroleum (Singapore) Pte. Ltd

3 ExxonMobil Asia Pacific Pte Ltd

4 SK Energy International Pte Ltd

5 Sentek Marine & Trading Pte Ltd

6 Chemoil International Pte Ltd

7 Global Energy Trading Pte Ltd

8 Universal Energy Pte Ltd

9 Equatorial Marine Fuel Management Services Pte Ltd

10AegeanBunkering(Singapore)PteLtd

11 Searights Marine Services Pte Ltd

12 Shell Eastern Trading Pte Ltd

13 O.W. Bunker F.E. (S) Pte Ltd

14 Singapore Petroleum Co Ltd

15 Alliance Oil Trading Pte Ltd

16 Toyota Tsusho Petroleum (S) Pte Ltd

17 Seven Seas Oil Trading Pte Ltd

18 Transocean Oil Pte Ltd

19 Hong Fatt Oil Trading Pte Ltd

20 Golden Island Diesel Oil Trading Pte Ltd

New Aegean PersonnelThe following employees have joined theAegeanworkforce

ΑEGEAN OILKonstantinos ApostolouSoumela Fotiadou

AEGEAN MARINE PETROLEUM Eleftheria AntonellouKonstantina Katri

ΑΠΟΘΗΚΕΣ ΑΙΓΑΙΟΥ ΑΕ Pavlos Tahias

HECdimitris Kokkinakis Stella Lazaridou

A e g e A n U p d A t e

Ioannis Stamatopoulos Joins Aegean as Marine Engineer Technical Advisor

Mr.StamatopoulosstartedhiscareerasaMerchantMarineengineerandbecameachiefengineerataveryyoungage.In1979heservedasAssistantEngineerManageratNafsiYard.From1983to2002hewasTechnicalManagerat Τechnava S.A. & Wartsila N.S.D., and from 2004until2008hewasVicePresidentatDilekMaritime.HeisamemberoftheInstituteofMarineTechnology,oftheChiefEngineersClubandofHelmepaPropellerClub.HestartedhiscooperationwithAegeaninOctober2011asaMarineEngineerTechnicalAdvisorintheMarineLubricantsdivisionofAegeanMarinePetroleum.

Third Annual Oil and Shipping Africa Conference

The Third Annual Oil and Shipping Africa Conference was held at the Table Bay Hotel in Cape Town on December 1 and 2, 2011. Over 120 delegates from different countries from all over the world participated, among them traders, physical suppliers, oil explo-ration and shipping companies. Aegean Marine Petroleum was represented in the event by Bunker Manager, Maria Kritikou, who is responsible for all bunker sales and marketing in West Africa.During the first day the panel analyzed all aspects of the offshore oil and gas industry in South Africa, including logistics, taxes, local regulations and infrastructure. On

the second day, the panel focused mainly on West Africa offshore supplies, in-troducing the main competitors and the requirements on behalf of the custom-ers. The panel also discussed the peculiarities of the region gaining importance in the world market considering the presence of important oil reserves and growing exploration projects. Aegean’s participation in the Oil and Shipping Africa Conference is evidence of the company’s commitment to the developing and challenging African market, which the company has served successfully since 2008. In addition, Aegean is the physical supplier of marine lubricants in all South Africa ports, including Durban and Capetown.

Page 9: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS 7

Aegean at Infineum’s Lubricants and Additives Conference Oneofthemostimportantmeetingsinthefieldofchemicaladditivesandlubricantstookplaceinlate

SeptemberinOxford,UK.Themeetingwasheldattheheadquartersof Infineum,oneofthelargest

chemicaladditivescompaniesinthesector.

Thismeeting,whichtakesplaceeverytwoyears, isdesignedto informparticipantsonfundamental

principlesofengines’ lubrication,useof lubricants, the importanceofchemicaladditivesaswellas

generalinformationondevelopmentsinthefieldoflubricants.Issuespresentedatthemeetingdealt

withthelubricantsindustry,engineoperatingprinciples,separationofenginelubricants,principlesof

lubrication,chemistryofadditives,fieldtestsandmarinelubricants.

Aegeanremainsconstantlyupdatedonemergingmarkettrendsandcloselymonitorsdevelopmentsin

thefieldoflubricantsandchemicaladditives.Atthisyear’smeeting,AegeanwasrepresentedbyPavlosIoannidis(GlobalMarineLubricants

Manager,AegeanMarinePetroleum),GeorgeChristoforatos(SupplyNetworkCoordinator,AegeanMarinePetroleum),andPavlosZervogiannis

(MelcoPlantManager).Throughparticipationinthesemeetings,Aegeandeepensitsunderstandingofthetechnicalcharacteristicsoflubricants

andgainsanexceptionalleveloftechnicalknowledge,arareassetinthehighlyspecializedsectorofchemicaladditives.Aegean’slubricants

departmentishighlyintunewiththeneedsofthemarketand,havingtherightskills,isproperlypreparedtodealwiththechallengesitfaces

everyday.Inadditiontomarinelubricantssales,ourexcellenttechnicalknowledgerepresentsahugefactorforfuturegrowth.

The Christmas Party tradition at Verbeke Bunkering was honored this year on Friday December 16, at the Wijnen Despert in Antwerp. No snow or freezing temperatures like last year but ambiance and good company were abundant. Aegean's head office was represented by Gregory Robolakis and Dorothy Papadogianni. In his speech, General Manager Tony Vertommen took the time to thank the employees for yet another successful year and gratefully thanked Eric Petterson who retired from the company in January 2012. Mr. Petterson, who has been with the company since 1997, was presented with a watch and a bottle of Metaxa Brandy as a token of apprecia-tion for his valued service.The joined staff of Verbeke Bunkering and Aegean Bunkers at Sea, together with their partners, enjoyed an evening of impressive fine food prepared by Chef Xavier. The party continued till late that night with the enjoyable music of Rico Zoroh and the formidable singing talent of Geert Boden, who, when not singing, uses his talents at the operations desk of Verbeke Bunkering. Until next December, Happy New Year from Antwerp.

Verbeke Bunkering Christmas Party

DorothyPapadogiannis,AndreasAthanasiadis,GrigorisRobolakis

Fromleft:CedricCollard,LucBrouwers,KenDeBisschopandpartnerLisa,AndreasAthanasiadis

Fromleft:WimJohems,KristoffDeVriendt,LucBrouwers,XavierWaumans

EricPettersonandTonyVertommen

Page 10: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

8 AEGEAN NEWS WINTER 2011-2012

Aegean Cuts its New Year’s Pita AegeanhosteditsannualNewYear’sPitacuttingeventonJanuary13atthespecialeventshall

onthe8thfloorofitsnewheadquartersinPiraeus.

TheeventbeganwithagreetingandspeechbyAegeanFounderDimitrisMelissanidis,whopre-

sentedapositivereviewofthepastyearandaskedtheentireAegeancommunitytointensify

theireffortstomaintainandexpandAegean’spresenceintheinternationalmarket.Mr.Melis-

sanidiscutthepitaandAegeanOilwastheluckywinnerofthecoinhiddenwithin.Followinga

draw,sevenluckyAegeanemployeeswononegoldBritishpoundeach,andgiftsfromtheAe-

geanShopofatotalvalueof1000Euroseach.Followingthecuttingofthepita,Aegeanhosted

adinnerforthe300employeesparticipatingintheevent.Theemployeeswereentertainedwith

livemusicandaDJandhadawonderfulevening.

2 3 4

5

6

1

A e g e A n U p d A t e

1 DimitrisMelissanidisduringhisspeech2 IakovosMelissanidisreceivesAegeanOil’spieceofpita3 DimitrisandGeorgeMelissanidis4 SpyrosFokas,GeorgeMelissanidis,JohnAgiostratitis5 DimitrisMelissanidisgivesthegoldpoundtothefirstamongtheluckyones,CaptainManolisGiannikourisofAegeanMarine

Petroleum6 IakovosMelissanidisgivesthegoldpoundtothesupervisorofHellenicEnvironmentalCenter’sAccountingDepartment,

GrigorisAggelakis

Page 11: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS �

Christmas Party for the Children of Aegean

This year’s Christmas Party for children of Aegean employees took place on Sunday, December 18, 2011, in the special events hall, on the 8th floor of the company’s new headquarters in Piraeus.The participation exceeded all expectations and the

children had a lot of fun. The festive atmosphere included visits from Chris the Magician, the Christmas fairy and the elf as well as dancing to music played by a DJ. Santa Claus was there, of course, to give wonderful gifts to all the children.

C h r i s t m A s p A r t y

Page 12: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

�0 AEGEAN NEWS WINTER 2011-2012

F l o w s A n d C U r r e n t s

More Resources for RES Research Needed Expensesforresearchonenergy

(exceptnuclear)havedoubled,but

theEuropeanCommissionstillcon-

sidersthemlowinrelationtowhat

isneededtoachieve2020targets.

Morespecifically,theCommission

publishedaproposalcalled"Horizon

2020"whichcallsforanewframe-

workforresearchandinnovation

in2014-2020.Underthisplan,all

formsofenergyotherthannuclear

willreceive7.5percentofthetotal

researchbudget,namely6.5billion

Eurosoutof87.7billionEuros.

Thesearchforlowcarbontechnolo-

giesappearsnegativelyaffectedby

thisproposal,astheEuropeanWind

Association(EWEA)pointedoutina

statement.Thewindcompanieswere

seekingtocapture1.3billionEurosin

researchgrantsforthedevelopmentof

windtechnology,whichnowappears

outofreach.

Foritspart,theCommissionnoted

that"theresourcesneededtofully

implementtheplanningareestimated

at8billionEurosannuallyforthe

next10years."

Greek Shipping, a Global Superpower

According to a report by the EU’s Association of Shipowners, the Greek ship-ping industry ranks first globally and represents 41.49 percent of European shipping. A total of 750 shipping companies based in Greece contributed 140 billion Euros to the country’s economy.According to statistics published by the Greek Shipping Cooperation Commit-tee of London, the Greek-owned fleet of 4,161 ships over 1,000 GRT, in Febru-ary 2009 represented 8.2 percent of the world fleet by number of ships, 15.2 percent of DWT and 13.2 percent in gross tonnage.Moreover, the average age of the Greek fleet in 2009 was 11.9 years, one year younger than the global average. The dramatic decrease in the average age of Greek fleet, which nine years ago was 20.3 years, is due to large-scale invest-ments by Greek shipowners in new, high-standard shipbuilding. The presence of Greek shipowners in tankers and dry bulk carriers, those that carry the bulk of world trade, is significant.

Oil, or petroleum, is the backbone

of the international economy and

fulfills the world’s substantial de-

mandsforenergy.Accordingtoes-

timates,theworldconsumes80.29

millionbillionbarrelsofoilperday.

Oil is a precious commodity and

the Middle East holds 56 percent

of all proven oil reserves. The top

ten countries with the largest oil

reservesintheworldare:

Saudi Arabia

Venezuela

Iran

Iraq

Kuwait

UAE: the United Arab Emirates

Libya

Nigeria

Qatar

Algeria

The Backbone of the Global Economy

Page 13: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS ��

Hybrid Energy Project of Ikaria Island Almost Ready TheHybridEnergyProjectisexpectedto

becompletedattheendof2012.The

projectwillcovermostofIkariaisland's

energyneedsusingrenewableenergy.At

thesametime,theprojectwillstrength-

enthelocaleconomybycreatingnew

jobsandpromotingIkariaasacenterof

attractionforscientifictourism.

DevelopedintheareasofPezi,

ProesperaandLowerProespera,the

HybridEnergyProjectcombineswind

andhydropowertogenerateandstore

energy.Itconsistsoftwohydroelectric

powerstationsof4.15MWthatoper-

atethroughtwotanksofwaterinthe

Pezidamandawindfarmof2.7MW

thatsuppliesthepumpingstations.

Withtheenergygeneratedbythewind,

thesystemisabletoreturnwaterto

theupperreservoir.

Theprojectisdesignedonthebasisof

theisland’senergyneedsduringthe

winterandsummerperiods,theconser-

vationofnaturalresources,andrespect

forIkaria’senvironment.

F l o w s A n d C U r r e n t s

Gasoline and PricesWhyaregasolinepricesrising?Moreexpensivecrudeoilisdrivingupgasolineprices.His-

torically,ascrudepriceshaveincreased,sohavegasolineprices.Thereverseisalsotrue.In

theUnitedStates,theAmericanPetroleumInstitutereportsthatat$94perbarrelofcrude

oil(2011January-Marchaverage),refinersspendover$2.20fortheamountofoilneeded

tomakeonegallonofgasoline.That$2.20represents the largestcomponent (morethan

two-thirds)of thepumpprice.Taxesaddanaverageofanadditional48centspergallon

totheprice.Refiningthecrudeoil,storage,deliveryandretailingaddfurthertothecostof

producinggasoline.

Investors Invited to Bid for Hydrocarbon Reserves in GreeceIn early January, the Ministry of Environment, Energy and Climate Change (YPEKA) invited investors through an Open Door process to bid to exploit hydrocarbon reserves in three blocks, estimated to hold around 250 million barrels of oil. The first two blocks, Patraikos Gulf and Katakolo, are located off the western coast, and the third block—Ioannina—is in the northwest of the mainland. According to a statement by George Papaconstantinou, Greece's Minister for the Environment, Energy and Climate Change, "The reduction of the country’s energy dependence and the security of the energy supply impose an energy pol-icy that strongly promotes the development of domestic energy sources. Given the direction towards the development of renewable energy sources, efforts by the government for the exploitation of Greece’s hydrocarbon deposits are an in-tegral part of this strategy. With today's announcement another important step is taken in this direction."

Page 14: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

�2 AEGEAN NEWS WINTER 2011-2012

AegeAn shipping mAnAgement

AegeanShipping

GoesPaperlessBYELIASSYRROS|QSEMANAGER

AegeanShippingManagementS.A.innovatesonceagain,becomingthefirst

"paperless"shippingcompanyinPiraeusandembarkingonanew“nopaper”era.

Page 15: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS ��

The term "paperless office" was introduced internationally in 1975 as an innovative man-

agement philosophy and became a standard practice in the vast majority of large organizations and offices of the public and private sector abroad.

Aegean Shipping has fully adopted the philosophy of the "paperless of-fice," investing in high technology electronic equipment and using inno-vative software to automate its opera-tions in its office and ships. By going “paperless,” Aegean Shipping avoids consuming tons of paper each year.

The "paperless" operation of the company has been harmonized in the Safety Management System/ISM and is subject to upcoming inspections by the certifying body (Lloyd's Register).

Using digital systems that mini-mize or eliminate the need for paper has significant advantages and ben-efits, including:

A)EnvironmentalandEcologicalBenefitsofthePaperlessOffice

❚ It eliminates the unnecessary print-ing of files that fills the environment with garbage, plastics, and more.

❚ It eliminates the use of inks and ink cartridges for printers that are highly damaging to the environment.

❚ Management research estimates that by avoiding printing in the of-fice alone, Aegean Shipping saves 340,000 pages of paper per year, and hundreds of archive files! All those are to the benefit of the global forests!

❚ According to surveys, CO2 emis-sions are the main cause of global warming. The production and use of paper products contributes to the problem of CO2 emissions. The unnecessary use of paper not only contributes to the depletion of natu-ral resources by cutting down trees, but also contributes to the waste of

energy to operate cutting equipment as well as paper manufacturing and processing equipment.

B)FunctionalBenefitsofthePaperlessOffice

❚ It minimizes the storing space needs for filing documents and informa-tion, since they are stored electroni-cally and digitally.

❚ It makes it easy and fast to search for information and files that are

protected from any natural disaster or other hazards, with the system of simultaneous safety backup in remote sites.

❚ It makes it possible to work from different locations.

❚ Multiple users can simultaneously access the same files and informa-tion.

❚ It allows the user to have access to more than one file and information at the same time.

The production and use of paper products contributes to the problem of CO2 emissions. The unnecessary use of paper not only contributes to the depletion of natural resources by cutting down trees, but also contributes to the waste of energy to operate cutting equipment as well as paper manufacturing and processing equipment.

Page 16: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

�� AEGEAN NEWS WINTER 2011-2012

The new qual-ity objective of the labo-

ratory is to receive accreditation as per ISO 17025, one of the highest techni-

cal standards applicable to laboratory inspection services and testing, within the first quarter of 2012. The effort to achieve this new goal requires special-ized knowledge and experience, both in terms of setting the specifications under which laboratory tests are con-ducted and in terms of implementing these standards.

The efforts for the further develop-ment of the Quality Control Labora-tory in Aspropyrgos are continuous. Already, the laboratory’s equipment meets all modern specifications to perform tests for bunkering fuel (ISO 8217) as well as ready and used lubri-cants. The laboratory is equipped with state of the art machinery for qualita-tive analysis of fuels and lubricants and conducts approximately 800 tests of samples of used lubricants every month. Its equipment includes qual-ity control devices such as Atomic Absorption (AA), infrared (IR), X-ray (EDXRF) and all other equipment

necessary for a full range of analysis in lubricants and fuels.

With existing laboratory infra-structure and our analysis of fresh lu-bricants produced, we are able to have all the necessary information to assess the quality of Marine Fuels at any giv-en time. This information is based on parameters that affect the behavior of Marine Fuels during combustion and also those experts who monitor and test the processes of their production. Such parameters are:

Density—High density fuels usually have less efficient combustion

l U b r i C A n t s

TheStagesofQualityControlBYPAVLOSZERVOGIANNIS|ASPROPYRGOSTERMINALMANAGER

HavingobtainedtheISO9001certificationforthequalitycontrolinthefuelsandlubricants

processinMarch2011,theQualityControlLaboratoryofAegeaninAspropyrgoshassetan

evenhigherstandardofquality.

Page 17: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS ��

Flash Point—Sets the temperature where you can keep the fuel flame igni-tionFlow Point—The minimum tempera-ture in which fuel can flowKinematic Viscosity—A parameter to compare the ease of fuel to flowCarbon Residue—Specifies the carbon residue after the combustion of the fuelAsh—Manifests minerals/non-com-bustible materials in the fuel, which in large quantities can cause corrosion problemsMoisture—The byproduct of trans-port and marine fuel storage, mois-ture creates serious erosion problems when it originates from salt water.Sulphur—Element of high impor-tance both for environmental and op-erational reasons (high concentration of sulfur oxides are corrosive)Silicone/Aluminum—Introduced to the fuel from the catalytic processes of distillation, can damage and cause problems at high concentrationsVanadium/Nickel—Organic metal compounds of fuel, can cause cor-rosive residues when bonded with sodium compoundsSodium—Undesired metal element, usually derived from seawater. Be-cause it is highly active chemically, sodium causes erosion.

Similarly, we can derive any infor-mation relating to the performance and condition of the lubricant in the engine with quality controls of used lubricants by specifying parameters of particular importance, such as: Kinematic Viscosity—An indica-tion of the liquidity of the lubricant, measured at a temperature of 100°C in engine lubricants and 40°C in in-dustrial lubricants. Its increase during the use of the lubricants shows oxida-tion conditions. Its decrease is often due to contamination of the lubricant with fuel.Flashpoint—The temperature at which the lubricants ignite in the presence of flame. A big change of the flashpoint of used lubricant from fresh value, indicates contamination.TBN (mg KOH/gr) Alkali Bases—A measure of the presence of additives contained in the mass of the lubricant, designed to chemically neutralize the acidic products of combustion to prevent their destructive impact on the metal parts of the engine. This parameter is very fundamental in marine lubricants and characterizes the quality of the engine protection from the lubricant during its use. The more the decrease in TBN when using

the lubricant, the more unprotected is the engine.Water Content—Ready lubricants are tested to not contain any mois-ture, which would degrade their quality. The presence of water is unavoidable for operational reasons (air humidity during combustion, for example) and could be raised up to 0.2 percent. Above this limit the presence of water is undesirable and the lubricant must be replaced im-mediately.Insolubles—This measurement en-ables us to calculate the percentage of insoluble solids in the mass of the lubricant which result from many fac-tors, including combustion, dust and metal shavings. The acceptable limit for insolubles is usually defined as up to 1 percent for gasoline engines and up to 1.5 percent for diesel.Content of Wear Metals—Wear met-als are products of wear of the metal engine parts that drift through the used lubricant and are determined ac-curately by our laboratory’s EDXRF. These include: Lead (Pb), Nickel (Ni), Tin (Sn), Iron (Fe), Chromium (Cr), Aluminum (Al) and Copper (Cu). Their evaluation is based on the limits set by engine manufacturers and also from experience.

Page 18: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

�6 AEGEAN NEWS WINTER 2011-2012

s t A t i o n s o F t h e m o n t h

CommunicationandUnderstandingIoannisSgouros,Gazi,HeraklionCrete

Mr. Ioannis Sgouros has a service station at 198 El. Venizelou Street. His in-

volvement in the profession started 5 years ago.

Mr.Sgouros,didyouhavesomerelation-

shipwiththegasstationbusinessbefore?

No, my professional work was in a dif-ferent sector.

Whatbroughtyoutotakesuchaserious

decisionandturntothissector?

Well, I looked farther ahead, beyond the immediate future. I had a relative who was working in a well-known oil company, and this is how I got in-volved. This gas station here had been operating for thirty years as a station of that company.

Thecollaborationwiththeoilcompany,

however, did not last. What happened

and how did your cooperation with Ae-

geancomeabout?

Lies and more lies is what happened. There was no consistency to what we had agreed, no contract and no help. Although I had a relative within the company, whenever I tried to com-municate I received no response.

How did you connect with Aegean? Did

youdoresearch?

No, it was coincidence and luck! Ae-gean’s Inspector in the area, Mr. Ste-lios Charalampakis, paid me a visit. You may find this peculiar but when talking with him—as a matter of fact, at first glance—we clicked. We talked, made the necessary agreements and that was it. Since December 2009, I have been working with Aegean.

What was the reaction of consumers in

yourarea?Haveyouhadanyproblems?

Yes, I encountered some problems and it was natural. This is a neigh-borhood gas station and people had, for 30 years, been used to seeing a particular brand and a specific gas station owner. So, not only was there a change in the owner but customers were exposed to a new name. Aegean was not known in the area at the time. It was a shock! Of course, we overcame the problem after some time. I did not win back the custom-ers I lost, but I have won over many new ones.

AftertwoyearswithAegeanhowdoyou

feel about this cooperation, especially

afteryourpreviousexperience?

I think my decision was right and my instinct did not fail me. There is com-munication, understanding and we always find a solution. Everything is better.

TheMunicipalityofGaziwasfoundedin1994byjoiningthecommunitiesofKalessiaand

Gazi.TodayitisaboomingmunicipalitysevenkilometerswestofthecityofHeraklion.

Page 19: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS �7

The father retired a year and a half ago, but force of habit—in his case the habit of a life-

time—is very strong. He is at the sta-tion when the need arises.

Mr. Kosivas, how many years have you

workedingasstations?

Close to 30 years, since 1983. I had two gas stations, this one that is under the management of my son, and an-other one outside Trikala.

Andwhatdoyoudotoday?

I retired some time ago. There is now only one gas station and my son has taken over. When he needs to go out on various errands, I come over and take care of things. Like today.

Well, this is our opportunity to have a

talkwithamanofexperience.Sotellus,

howmanyyearshaveyoubeenworking

withAegean?

The cooperation with Aegean began long before my son took over. In 2006. Before that, during all my years in this business, I was with a well-known oil trading company.

Whatmotivatedyoutomakethischange?

At that time, the contract I had with them was expiring. I was not par-ticularly happy with the cooperation and I decided to change. Of course, there were other companies that ap-proached me. But one acquaintance of mine, who worked with Aegean,

suggested I talk with them. I met with Aegean’s inspector, Mr. Sigeslidis. We talked and talked. The man, and what he had to say, won my confidence. That is where this cooperation began.

Areyouhappywiththiscooperation?

Aegean proved to be what I needed. Some particular problems I had been facing were solved. In general, I con-sider it a good partnership.

At this point Mr. Apostolos Kosiv-as, who has meanwhile returned, joins out conversation.

Youareayoungmanandforsometime

now you have taken over this gas sta-

tion.Wasitsomethingyouwantedorthe

natural continuation of a course drawn

byyourfather?

Both I think. I almost grew up in gas stations. It is a familiar environment for me. Since I was eight, I would spend several hours with my father. At the time I served my military term and completed my studies, I did not manage to do something else. This was a ready business, so I decided to take over.

The co-operation with Aegean started

whenyourfatherwashere,severalyears

ago.Howdoyou feelabout itnowthat

youareincharge?

I cannot really compare it with the previous situation, since I did not ex-perience it myself. However, I can say it is a good cooperation without prob-lems. I hope it continues like this.

AtMr.Kosiva’sgasstation,locatedat54KarditsisStreetinthecityofTrikala,wecameacross

twogenerationsofgasstationowners:fatherandson,VassilisandApostolosKosivas.

LikeFather,LikeSonApostolosKosivas,Trikala

Page 20: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

�8 AEGEAN NEWS WINTER 2011-2012

r e t A i l

Inourcontinuouseffortstoprovideourcustomersanddriverswiththebestpossibleservices,

weremindyouthatthereareseveralwaystoeconomizeonfuelwhendriving,whilealso

protectingourselves,otherdriversandtheenvironment.

TipsforEconomicalandSafeDrivingBυ Nikos PeramaTzis |GASSTATIONSNETWORKMANAGER

I t has been estimated that by applying simple driving tech-niques, a driver may save, on

average, up to 15 percent of fuel.

Changespeedat2000-2500rpm(revolutionsperminute).Thisisthemosteconomical'region'ofengineoperation.Larger numbers of revolutions and high speeds increase the consumption of fuel. By maintaining a low revolu-tion speed you may save up to 30 percent of fuel.

DrivewithaconstantspeedSudden braking and sudden accelera-tion cause the consumption of a large quantity of fuel, equal to the fuel con-sumed by driving for several minutes at a reasonable speed. When traffic is heavy, try to slow down smoothly. Accelerating from a stop position re-quires 20 percent more fuel than from 10 kilometers per hour.

StopbyslowingdowngraduallyIf you are to stop at a traffic light or an intersection, release the gas with a

high gear selected as early as possible. If you continue to press the accelera-tor and brake sharply in the final me-ters, you will consume more fuel and wear out the brakes and tires.

SlowdowngentlywhentakingaturnAcceleration and violent braking before a turn, in addition to increas-ing fuel consumption, is dangerous. Release the gas early before the turn to avoid braking suddenly.

Whendrivinguphill,proceedwitha

Page 21: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS ��

maximumpossiblegearwiththegaspressedalmosttoitsfulllevel.Manufacturers design modern cars in such a way as to allow continuous movement with 1,000 rpm and full load on the engine.

Ondescents,takeadvantageofac-quiredspeedwithoutusingthegasandbyusingthehighestgear.Use the kinetic energy the vehicle acquires to move it downhill. You can exploit this momentum to continue on a flat or uphill road without fur-ther acceleration.

PlanyourrouteFor your daily commuting, make sure you select the most economical route.

Also, plan your route ahead when you start a journey, avoiding unnecessary deviations.

Turnofftheengineatshortstopsofoveroneminute,including when you are waiting at a traffic light, when you are stuck in traffic, or when you are waiting for someone.

Useairconditioningonlywhenneces-saryanddonotsetbelow23°C.When driving through urban areas at low speeds, it is better to open the windows. However, for speeds above 50 kilometers per hour, it is more economical to use air conditioning instead of opening the windows.

Makeproperandregularvehicleandtiremaintenanceaccordingtomanu-facturer'sinstructions.Check tire pressure at least once a month. Proper tire pressure improves fuel economy and road safety. A lower tire pressure of 25 percent means about two percent more fuel. Do not use tires wider than those recommended by the manufacturer as this also increases fuel consumption.

Avoidunnecessaryloadsanduseofaroofrack.Every accessory and additional load on your vehicle requires additional engine power and increases aerody-namic drag, thus, increasing fuel con-sumption.

Andpleasedonotforget...•Donotdrivethrougharedtrafficlight.•Alwayswearyourseatbelt.•Mindpedestrians,cyclistsandmotorcyclists.•Decreasespeedwhentheweatherisbad.•Controlyournerves.•Avoidtalkingonamobiletelephonewhiledriving.•Alwaysbeonguard.•Airthecabinofyourcarfrequentlyduringdriving.Properoxygenationofthe

interiorspaceenhancesthebrainfunctionand,thus,ourreflexes.•Keepinmindthatotherdriversoftenignoretrafficsignals.•Makereststopseverytwohours.Accordingtostatisticsmostaccidentshappen

between13:00to17:00and2:00to6:00because,accordingtoourbiologicalclock,weshouldbesleepingduringthesehours.

Page 22: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

20 AEGEAN NEWS WINTER 2011-2012

e n v i r o n m e n t — t h e s e A

CleanSeasandAegeanAVitalPartnershipΒυ michalis Psaromichalakis |RESEARCHANDDEVELOPMENTMANAGER,HEC

Oceansandseascoverover70percentoftheearth'ssurface.Theyhavealargeinfluenceonglobal

heatmovementandprecipitation(climateandweatherpatterns),theyprovidealargeproportionofthe

oxygenwebreathe,andareamajorsourceofbiodiversityandnaturalresources.

Page 23: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS 2�

Oceans and seas are critical for sustaining the economic prosperity and well-being

of many national economies, particu-larly in developing countries.

Almost one billion people world-wide rely on oceans and seas as a major source of nutrition. In addition to food, oceans and seas provide us with a wide variety of goods, services and other benefits, including oil and gas and renewable energy generation potential, and form the platform for conducting commercial activities. Ap-proximately 90 percent of world trade is carried by sea and, in European Union ports alone, one billion tons of cargo of every kind is transported on an annual basis. Without shipping, the carriage of goods on the scale nec-

essary for the modern world would not be possible.

The enormous size, diversity and complexity of the sea environment pose great challenges for governments and societies in protecting and man-aging this resource.

In order to be able to deal with its protection and preservation, we must recognize that the sea environment is not an entity that we can manage. The sea is a dynamic and diverse system that changes naturally, regardless of our intentions and desires to ma-nipulate and control it. The only thing that can be managed is the impact of human influence on it, and this is something that requires a change in our behavior.

A healthy society depends on healthy seas and coasts.

HumanInfluenceontheSeaEnvironmnetMany kinds of human activities at sea endanger the sea environment. At sea, pollutants spread quickly across large distances from the pollution source. Making things worse, when sea pollu-tion takes place, it is usually difficult to detect or too late to react due to the size of the seas and the speed at which pollutants spread.

Voluntary or involuntary discharg-es from ships at sea, dumping bilge waters, tank washings, oil residues and waste all lead to significant oil pollution. It is therefore obvious that the commercial activity of ships has negative consequences on the envi-ronment. This is why, since the begin-ning of the 1960s, the International

Maritime Organization (IMO) has drawn International Conventions that bind its members to ensure the protec-tion of the seas across the globe. Sev-eral studies have highlighted human error—associated with issues such as education, knowledge and mental and physical fatigue—as a major factor in sea pollution, although not the only one. Also at fault are the unscrupulous “professionals” who illegally discharge oil residues at sea. In fact, because this practice is done intentionally, it can be very difficult to prevent.

Sea transportation carries risks to the sea environment. To reduce these risks and minimize the probabilities of pollution requires the combined efforts and commitments of individu-als, companies and organizations. Ev-eryone must work together to enforce

When nature calls for help, response is not an option. It is simply a duty. Let’s give our future a chance.

Page 24: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

22 AEGEAN NEWS WINTER 2011-2012

all the relevant laws and protect this valuable source of life.

Aegean’sEnvironmentalShield—HellenicEnvironmentalCenter(H.E.C)Aegean has repeatedly expressed its commitment to protect the sea, the environment within which it per-forms its business activities. Aegean recognizes that the sea environment is one of the most valuable resources that we must all protect, and places great emphasis on preventive mea-sures at every level of its operations.

From its early days, Aegean’s en-vironmental consciousness and eco-logical awareness led to the creation of Hellenic Environmental Center S.A. (H.E.C.), which also acts as the group’s environmental shield.

Hellenic Environmental Center is engaged in the handling of oily waste and residues from shipping, specified and regulated by the International Convention for the Prevention of Ma-rine Pollution from Ships (MARPOL

73/78) and its amendments.To reduce the risk of marine pol-

lution from ships, H.E.C. provides technical assistance and resources to the Greek state for the implementa-tion, monitoring, development and evolution of relevant EU and inter-national legislation. The company is certified and operates under the international standards of quality, health and safety and environmental management, while on security is-sues it follows the requirements of the ISPS & ISM Code.

H.E.C. actively participates in internationally recognized organiza-tions such as IAPH, HELMEPA and EUROSHORE.

Progressively developing since its inception, H.E.C. is the most promi-nent institution in Greece and Europe in this particular field, covering the needs of almost all the Greek ports as well as large industrial concerns such as Hellenic Refineries, SHELL, BP, EKO, DEI (the Public Power Corpo-ration), shipyards and others.

The annual volume of oily residues and waste handled by the company surpasses 400,000 tons.

With constant investment in tech-nological expertise, facilities and equipment, the company succeeds in staying ahead of developments, par-ticularly in light of increasingly strict requirements imposed by interna-tional environmental regulations.

For the accomplishment of its work, the company offers:

Floating SeparatorsDouble bottom and double hull ves-sels:F/S Ecoleader, with 30,000m³ capacity F/S Ecomaster, the largest f loat-ing separator in the world, with 120,000m³ capacity

The Floating Separators, in ad-dition to waste processing, have the capacity to offer cleaning services for ship tanks of every type and size, through the supply of hot water or steam and inert gas.

H.E.C. has developed a state-of-the-art treatment procedure, starting from separation through dynamic circulation and ending to clean water discharge through biological treat-ment.

The large pumping, separating and storage capacity of the Floating Sepa-rators offers, in parallel, significant advantages in cases of large area spills. One of the largest problems in tack-

AegeanEnvironmentalCertifications(excludingH.E.C.)AegeanBunkeringServicesInc.:ISO14001:2004byGermanischerLloyd.AegeanMarinePetroleumS.A.:BSENISO14001:2004byLloyd'sRegisterQualityAssuranceLimitedAegeanOil:BSENISO14001:2004ByLloyd'sRegisterQualityAssuranceLimited

The impact of human influence on the sea environment is the only thing that can be managed, and this is something that requires a change in our behavior.

e n v i r o n m e n t — t h e s e A

Page 25: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS 2�

ling such calamities is often the lack of appropriate pumping and storage capacity for the recovery of the spilled oily substances.

The Floating Separators also con-tain fully operational prevention and spill combating stations that include:❚ Floating, approved type oil contain-

ment booms❚ Absorbent and binding materials of

different types❚ Oil skimming systems❚ Third generation chemical dispers-

ing materials and spraying systems approved by W.S.L. and the Greek authorities

Waste Collecting ResourcesH.E.C. also offers:❚ A fleet of oily wastes collection tank-

ers, from 500 to 3.000 ton capacity❚ A fleet of trucks for oily wastes

❚ Vacuum trucks for heavy viscous substances

And all the necessary auxiliary equipment for their appropriate op-eration

Testing and CertificationEvery treatment unit has a fully

equipped chemical laboratory for the identification of residues and the maintenance of the qualitative stan-dards of our services.

Human ResourcesFor carrying out its mission, the

company relies on its professionally trained and ecologically sensitive work-

force of 140 employees, who combine scientific knowledge with professional skill acquired over their long working history with the group. This workforce has actively participated in creating the foundation upon which company’s cur-rent activities and future development are based. H.E.C.’s human resources are the energy generators of the com-pany and, through their continuous professional development, are the best defense against the threat of pollution from shipping and industrial sources.

When nature calls for help, response is not an option. It is simply a duty.

Let’s give our future a chance.

Aegean’s environmental consciousness and ecological awareness led to the creation of Hellenic Environmental Center, which acts as the group’s environmental shield.

HellenicEnvironmentalCenterCertifications & Memberships

QualityManagementSystem:ISO9001:2008

Health & Safety Management System: OHSAS18001:2007

EnvironmentalManagementSystem:ISO 14001:2004 & EMAS

ISPS & ISM CODE compliance

Anactivememberofthemostrenownedmarineenvironmentalorganizations:

Page 26: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

i n t e r v i e w

AthanasiosReizopoulos,GermanischerLloyd’sVicePresident,andAreaManagerforSouthern

Europe,discussestheimportantroleofenvironmentalpolicyforacompanysuchasAegeanand

elaboratesonthestrictrequirementsofcomplyingwithISO14001.

TheEnvironment,ISO14001,andAegean

Pleasetellusabouttheimportanceofcompanies,suchasAe-

gean,andtheiractionsinrelationshiptotheenvironment.

Aegean, being a modern tanker operator, is conscious of its corporate social responsibility. It sees investments in the environment as an integral part of a sustainable business growth, which contributes in a balanced way both in the reduction of the environmental burden as well as saving money in the long-term.

WhendidAegean’senvironmentalcertificationbeginandhow

diditdevelop?

Aegean was awarded with an ISO 14001 certificate for en-vironmental management in 2010. Since then, the certified fleet is regularly visited by internal and external auditors who verify the efficient implementation of Aegean’s envi-ronmental management program.

Every year, Aegean challenges itself with specific envi-ronmental goals that drive the investments in ships and lead to more efficient maintenance.

TellusaboutISO14000andwhatitrequiresofAegeanand

othercompanies?

Aegean has established, documented, and implemented an ISO 14001 environmental management System (EMS) which has been certified by Germanischer Lloyd as evidence of compliance with the requirements of this Standard. Aegean’s duty and responsibility, in order to remain compliant with

the ISO 14001 Standard, is to maintain and continually im-prove its EMS, determining how it will fulfil these require-ments. The Standard requires as a first step that the company will identify and grade all the environmental aspects affected by its operation. After that, certain environmental programs have to be devised for all significant aspects with specific measurable targets that will be reviewed each year.

Whatarethemaincharacteristicsofpolicy?

The environmental policy of a company is the pillar onto which the EMS is built. It is the driving force and states the inspiration and commitment from the top management.

Aegean’s work for the environment is driven forward by four overriding goals that are common to the entire company.❚ Reducing energy consumption❚ Reducing emissions into the atmosphere❚ Reducing emissions into water❚ Increasing the proportion of waste sorted at source

Acknowledging the fact that Health, Safety and Environ-mental Protection are linked and the successful implemen-tation of an integrated management system is dependant on all three parts, Aegean has issued a “Health, Safety and Environmental Protection Policy,” which is also published on their website.

In this policy, it is clearly stated that the company:❚ Has appointed dedicated personnel with the responsibil-

2� AEGEAN NEWS WINTER 2011-2012

Page 27: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

ity to maintain an overview of health, safety, and environ-ment matters

❚ Consistently follows all national and international rules and regulations governing the Marine Industry

❚ Takes into account applicable guidelines, standards, codes and publications which are issued by maritime or-ganizations and are directed towards creating a safe and pollution free environment

❚ Continuously monitors all safety aspects of the vessels❚ Frequently inspects and audits the vessels and carries out

necessary maintenance and repairs❚ Continuously improves its management system by taking

corrective and preventive action for identified problem areas

❚ Provides adequate resources to effectively implement this management system

❚ Provides a framework for setting and reviewing environ-mental and other objectives and targets

This constitutes the framework within which the Envi-ronmental Management System is developed.

ProceduresmustbetheheartofISO14001.Pleasegiveusan

overviewofprocedures.

In order to implement the environmental programs, de-veloped to deal with significant environmental aspects as I mentioned earlier, a company has to develop certain procedures.

Aegean developed numerous procedures implemented onboard its fleet and ashore. Those relevant to the environ-mental management ensure that:❚ All those working for Aegean or on its behalf are becom-

ing aware of the environmental policy, objectives and targets

❚ Environmental policy, procedures and instructions are

written in a clear and simple manner by experts in envi-ronmental management

❚ All operations are controlled and recorded in order to document management history

❚ Although every effort is made by Aegean to protect the environment, its crews are regularly testing emergency response plans against pollution

❚ The environmental performance is continuously moni-tored for compliance and measured against targets

❚ Learning from experience is an integrated management tool that improves performance

❚ Everyone involved in environmental management is au-dited by internal and external auditors in order verify the effectiveness of the environmental management system

❚ Environmental performance is measured against mea-surement results with the aim to achieve continuous im-provement and environmental excellence.

Inadditiontorequirements,therearealsoaseriesofISO14000

Standards,isthatcorrect?Pleaseelaborateonthese,howimpor-

tanttheyare,andtheirimpact.

All ISO 14000 standards are relevant to environmental management. They provide guidance regarding certifi-cation, auditing, auditor qualifications, environmental labeling, life assessment and terms and definitions. They all have an important role to play in the environmental management as a whole.

What are some of the tools that companies such as Aegean

employtoadheretoISO14000?

Successful environmental management needs the commit-ment and active involvement of people. Aegean promotes environmental awareness and motivates its people to care for the environment in every significant aspect.

Aegean has established, documented, and implemented an ISO ��00� Environmental Management System (EMS) which has been

certified by Germanischer Lloyd as evidence of compliance with the requirements of this

Standard. Aegean’s duty and responsibility is to maintain and continually improve its EMS.

WINTER 2011-2012 AEGEAN NEWS 2�

Page 28: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

26 AEGEAN NEWS WINTER 2011-2012

I Protect the Environment-I Safeguard my FutureBy staying informed about what is happening in the world and by passing the information on to others we are taking a significant step toward the protection of our planet.

Children And the environment

26 AEGEAN NEWS WINTER 2011-2012

Page 29: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS 27

I BECOME INFORMED - I INFORM OTHERS - I ACTWINTER 2011-2012 AEGEAN NEWS 27

Article 11. All animals have equal rights to exist within the context of

biological equilibrium.

Article 21. Humans must respect the life of every animal.

2. Humans must not kill or exploit other species of the animal

kingdom. Instead, they must use their knowledge for the

welfare of animals.

3. Every animal is entitled to care, attention and protection from

humans.

Article 31. Animals must not be subjected to bad treatment or cruel acts.

2. If it is necessary to kill an animal, it must be instantaneous,

painless and cause no apprehension.

Article 41. Wild animals have the right to live and to reproduce in freedom

in their own natural environment.

2. The deprivation of the freedom of wild animals, even for

educational purposes, is contrary to this fundamental right.

Article 51. Any animal which is traditionally considered a pet has the

right to live according to the pace and life conditions related

to its species.

2. Any human-caused change in these conditions is profit oriented

and is contrary to this declaration.

Article 61. Every companion animal is entitled to a life expectancy similar

to its natural longevity.

2. Abandoning an animal is an inhumane and degrading act.

Article 71. Regarding animals that provide services to humans, the

duration and intensity of work must be reasonable, food must

be satisfactory and their rest mandatory.

Article 81. Experiments on animals entailing physical or psychological

suffering violate the rights of animals.

2. Replacement methods must be developed and systematically

implemented.

Article 91. Animals bred for human consumption must be housed, fed,

transported and killed without pain and anxiety.

Article 101. The use of animals for the entertainment of humans is

prohibited.

2. Exhibitions and shows involving animals constitute a violation

of the dignity and of the respect for the life of animals.

Article 111. Any act which causes unnecessary death of an animal is a

biocide, is a crime against life.

Article 12 1. Any act compromising the survival of a wild species and any

decision leading to such an act are tantamount to genocide,

that is to say, a crime against the species.

2. The contamination and any destruction of the natural

environment lead to genocide.

Article 131. Respect even the dead animal.

2. Every scene of violence in television and cinema, with

animals as victims, should be banned and only scenes that

are intended to inform about the rights of animals must be

promoted.

Article 141. Protection and advocacy of animals must be represented by

any government.

2. The rights of animals must be guaranteed by law, just like

human rights.

Planet Earth does not belong only to humans; it is not any-

one’s property. Every life form has rights of existence and pro-

tection, something that actually protects the human species,

since this is the way to maintain the balance on the planet. We

must remember that animals, our roommates on earth, have

rights and we must assume responsibility for their preserva-

tion. In 1978, in Paris, at the offices of UNESCO, the "Interna-

tional Association of Animal Rights" wrote the "Declaration of

Animal Rights." Although written more than 30 years ago, most

of the document’s contents should not be taken for granted. It

is good to remember this important declaration and to remind

others of its message.

declaration of Animal rights

Page 30: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

28 AEGEAN NEWS WINTER 2011-2012

According to most, the name “Mesologgi” comes from the union of two Italian words, Mezzo/Messo and Laghi, meaning “a place in the middle of lakes”' or “a place surrounded by lakes." Until 1700, the

city was under Venetian rule and its inhabitants were mostly fishermen.Some of the most dramatic moments of the Greek Revolution of 1821

took place here, notably the two sieges and the Exodus of Mesologgi. Be-cause of the heroic behavior of its inhabitants, the title of “Sacred City” was bestowed upon Mesologgi, the only city in Greece to receive such an honor. The well-known philhellene poet Lord Byron, who supported the Greek Revolution, died in Mesologgi in 1824.

Mesologgi is particularly known for its fishing products, especially fish-roe, and the adjacent lagoon is ideal for fish farming. The lagoon is protected by the RAMSAR treaty and has been declared an environmental park and ecosystem.

Walking around the city’s back streets, visitors should make a stop in one of the many old picturesque coffee shops, which have managed to maintain their traditional character. These charming cafes are the perfect place for a cup of ‘Greek’ coffee, or ouzo with meze (something between an appetizer and hors d'oeuvre, usually consisting of small pieces of cheese, tomatoes, and olives).

Mesologgi boasts an impressive historical heritage but is also a vibrant, modern city with a diversity of views and activities. It promises visitors a unique and unforgettable experience.

Mesologgi

t r A v e l w i t h A e g e A n

Mesologgi,capitalofthePrefectureofAetoloacarnania,issituatedattheentranceof

Patraikosgulf,betweenthemouthsoftheEvinosandAcheloosrivers.

MustSeeTheSquareofMarkosBotsaris In the center of the city, featuring the old town hall which houses the Museum of History and Art.TheLagoon At 131 sq. kilometers, the lagoon produces 800,000 kilos of fish, 100,000 kilos of eels and 1,500 kilos of fish-roe. Characteristic of the region are the houses of fishermen built into the water, called "pelades." Small uninhabited islets are found in the lagoon with fish farms producing the famous Mesolongi fish. Visitors can visit all the fish farms in a day using a motorboat.TheGardenofHeroesHere the people of Mesologgi buried their dead during the siege. This is a unique park with monuments for known and anonymous heroes who fell in the struggle for freedom.TrikoupisHouse Built in 1840, perhaps the oldest building in the city, where the historian Spyridon Trikoupis and his son Charilaos, poli-tician and prime minister, were born and lived.PalamasHouse The national poet Kostis Palamas was born here, which houses ex-hibits from his life and work.LordByron’sHouse Newer building in the location where once stood the house where the famous poet stayed and died.

HowtogetthereByprivatecar from Athens, in about 3 hours using the national road and the Rio–Antirio bridge Bytrain from Athens to Patras, and from there by busBypublicbus (KTEL) from Athens in about 3.5 hours

AegeanGasStations

Page 31: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS 2�

m A r i t i m e t r A d i t i o n

The port itself has changed over the years, serving the needs of each period. It was the Ve-

netians who transferred the port to its current location and constructed the current Venetian harbor comprising a large, fortified port with facilities for access, service, supply and repair of ves-sels. The Venetians were responsible for transforming Heraklion into an impor-tant center of the Mediterranean.

In the years of Turkish rule, there was no expansion of the harbor, only repairs to damages incurred during the long siege of the city. After the city’s lib-eration, French engineers were called to conduct a study for the creation of a new harbor to meet modern demands.

The project, the construction of the windward and leeward pier of today's central basin, was awarded to a British company and construction took place from 1923 to 1936. However, works on the inner harbor followed a slow pace due to the war. In 1962, the plat-forms were completed from the pier of Mikros Koules up to pier I. In 1964, expansion work began for piers II, III and VI and the dredging of the harbor was required to reach suitable depths for the service of modern vessels.

The beginning of the 21st century finds the port of Heraklion changing its outlook once again. Today the port has new objectives:❚ To be competitive with high quality

service in all its activities

❚ To become the modern Cretan hub of the transportation chain

❚ To become a transit/freight center of the Mediterranean

❚ To become a tourist attraction for citizens of the city, highlighting its rich history and heritage

❚ To develop as a tourism portal of Crete

ServicesFishing Port The Fishing Shelter is located in the old Venetian Harbor. Approximately 80 professional and amateur fishing vessels anchor here.Marina The old harbor, especially during the summer months, accom-modates many yachts and sailboats touring the Aegean and Crete.Passenger Port The Port of Heraklion has operated since 2002 as a Home Port, in cooperation with the Nikos Kazantzakis Airport. The Passenger Port serves cruise ships and is the second largest port of the country

after Piraeus as an origin and destina-tion cruise port. The Passenger Port of Heraklion is the third in Greece in overall passenger traffic and serves ap-proximately 2 million passengers and over 300,000 vehicles each year.Commercial Port The transport of cargo takes place in piers III and IV and at the bay of Linoperamata (fuel, cement). Cargo movement has increased steadily over the last five years. In the Container Terminal it is possible to handle 20 TEUs per hour per crane. For the remainder of cargo, the operable load reaches 200 tons per hour per crane.

Today, the port of Heraklion, with its new operational framework, has become a creative force in the devel-opment of the regional and national economy. At an international level, the port of Heraklion is expected to emerge as a transport hub for the Southeastern Mediterranean.

Heraklion—ThePortThePortofHeraklionisthemainandmostmoderngatewayforpassengersandcargoonthe

islandofCreteandoneoftenGreekportsofnationalimportance.Locatedinthesoutheastern

basinoftheMediterranean,attheintersectionofthreecontinents,thePortofHeraklion

benefitsfromanoutstandinggeo-strategicposition.

Source—The Port Authority of Heraklion.

Page 32: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

�0 AEGEAN NEWS WINTER 2011-2012

Page 33: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

WINTER 2011-2012 AEGEAN NEWS ��

AegeanandrenowneddesignerRobbidiKappahave

teameduptodesignabrandnewlookfortoday!The

Aegeansportline,withitsnauticalinfluence,isperfect

forsteppingoutinstyle,inthecity,bythesea,oron

countrywalks—forhimandforher.

Bundleuportravellightinpolosandt-shirts.

Athome,relaxinluxuriousbathrobes.

AndstashyourgearinversatileandstylishAegeanbags.

DiscoverthenewAegeanlookattheAegeanShopor

onlineatwww.aegeaneshop.com

AEGEANCOLLECTION

Step out in style with the Aegean Collection

Aegean Shop at the Aegean headquarters—

10 Akti Kondyli, 18545, piraeus, greece

Page 34: Aegean News · 2012. 6. 14. · 16 Ioannis Sgouros, Gazi, Heraklion Crete: “The key to cooperation with Αegean is ... Dimitris Dellis, cardiologist Spyros Papaioannou and pediatrician

�2 AEGEAN NEWS WINTER 2011-2012

Aegean’s websiteswww.aegeanoil.grwww.ampni.com

Aegean Energy for the FutureAegeanisGreece'smostdynamicenergy,petroleum,andshippinggroup.ThecompanyhasanetworkofretailgasstationsthroughoutGreece,isactiveinmarinefuelsandlubricants,andoperatesafleetoftankersandbargesinter-nationallyanddomesticallytotransportpetroleumandbunkersforitsglobalbaseofclients.

RETAILMARKETThroughitsfast-growingnetworkofgasstations,AegeansuppliesdriversinGreecewithgasolineandautomotivelubricants.Aegean’smodern,well-maintainedgasstationnetworkhaswonthetrustofdriversduetothehighqualityproductsandservicesitoffersatcompetitiveprices.Inaddition,Aegeandirectlysupplieslargeindustrialclientswithpetroleumproductsofallgrades,owingtotheconsistencyandserviceofitstransactions.

BUNKERFLEETNYSElistedAegeanMarinePetroleumInc.,withanexclusivelydoublehullfleet—ofwhichnineshipsarenewbuild-ings—isthenaturalsupplierofmarinefuelsat12ofthemostsignificantportsintheworld.Furthermore,withits22newbuildingsprograminprogressandthecontinuousopeningofnewstations,itisoneofthemostdynamicallydevelopingdivisionsOftheAegeanGroup.

BUNKERINGAegeanprovidesoneofthemostefficientandresponsivebunkeringservicestoclientsworldwide.Itsshipsneverstopsailinganditsservicesareavailable24hoursaday,365daysayear.Aegeanoperatesbunkeringstations inPiraeusandPatras,and inGibraltar,Amsterdam-Rotterdam-Antwerp, Fujairah, Jamaica, Singapore, Trinidad & Tobago, Portland UK, Vancouver and Montreal, Mexico, Tangiers, Tema inGhana, LasPalmasandTenerife,PanamaandCapeVerde.All itsproductsareISO8217certified.TheCompany,whichisamemberofIBIAandisISO9001certified,iswellpositionedontheFOBASWhiteList.

SHIPPINGAegean'sfleetofshipsisattheheartofitssuperiorserviceworldwide.Itsves-selsoperateinfullcompliancewithEUandinternationalstandards,areallcertifiedwiththecodeofsafemanagement ISMandSOLASandare incompletecompliancewithMARPOLregulations.Aegeancontinuallyaddstoitsfleetofships,whichincludeslargevesselsaswellassmallercapacityvessels.Itsfleettransportsoilcargoesworldwideonbehalfofmajoroilcompa-nies,commercialclients,andAegeancustomers.

LUBRICANTSAegean produces and markets high performance lubricants for vehicles andindustrialuseundertheAegeanbrandand,forthemarinemarket,undertheALFAbrand.ALFAmarinelubricantsarecertifiedandapprovedbythelargestmarineenginemanufacturersintheworld.Theresourcesofourcompanyandourfollow–upservicecreateoursuccess-ful relationships and allow Aegean to supply lubricants in more than 550portsworldwide.

ENVIRONMENT-HECTheHellenicEnvironmentalCentercollects, transportsandprocessesoil resi-duesfromshipsandlandunits(industrial,shipyards),while italsomanagesallliquidresiduesproducedbyships.InordertocarryoutitsworkHEChasthemoststate-of-the-artequipment,consist-ingoffloatingseparators,afleetofpollutant-collectingtankers,andwell-equippedtanktrucks.HECactstoprotectthemarineenvironmentandatthesametimecontributessignificantlytothesavingofenergywiththerecyclingproceduresitusestotransformthereclaimedpollutantsintoenergyresources.

TRADINGAegeanisdynamicallyactiveinthetradingofcrudeoilandpetroleumproductsworldwide.TheTradingDepartmentiscomprisedofdedicatedandprofessionalindividualswhocombinehighlevelexpertiseandagreatmanyyearsofexperienceintheoilindustry.Petroleumproductsaresuppliedtoabroadspectrumofcustomerswhocomprisethecompany'sportfolio.Aegeanhasacquireditscredibilityfromthehighqualityoftheservicesitprovidestosuppliersandshipowners,afactthatsupportsthecompany’sambitionsfortheachievementoflong-rangegoalsintheenergysectorworldwide.