Ben Nolan, an analyst tracking Aegean for Stifel, says a $11m purchase of the Vopak Terminal Los Angeles is just the beginning.

In a report issued today, Nolan explained: “We believe Aegean could add further OW physical delivery facilities as those operations are unwound as part of the bankruptcy process.

"Ultimately, we would anticipate that the company would be particularly interested in assets in North American and Northern Europe.

“Collectively,