Aegean Marine Petroleum, a marine fuel logistics company, published a statement according to which its re-organization plan has been approved by the US Bankruptcy Court for the Southern District of New York. This development leads the way for the Company to emerge from Chapter 11 restructuring as a wholly-owned subsidiary of Mercuria Energy Group Limited, one of the world’s largest independent energy and commodity companies.
Mainly, Tyler Baron, Aegean Board Director commented that the Court’s...
https://safety4sea.com/us-bankruptcy-court-approves-aegean-marines-reorganization-plan/