Restructured Aegean Marine Petroleum Network has emerged from its Chapter 11 bankruptcy process in the US with a new name.
The fuel and tanker group is now Minerva Bunkering, a fully owned subsidiary of trader Mercuria Energy.
It filed for reorganisation in November.
“We are pleased that Aegean has completed its restructuring, and now as part of Mercuria, is a significantly stronger company with greater supply capabilities and access to liquidity,” said Aegean director Tyler Baron.
