Aegean Marine Petroleum Network saw a 56% increase in profit during the third quarter on the back of higher volumes and prices.

The New York-listed company reported net income of $10.5m for the quarter, versus $6.7m in the year earlier quarter. The third-quarter results also include a $3.8m loss on vessel sales.

Adjusted earnings per share of $0.36 beat the average analyst estimate of $0.33.

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