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Aegean Marine Petroleum posts $17.02 million January operating loss
By Caroline Salls
Pittsburgh, March 1 – Aegean Marine Petroleum Network Inc. reported a $17.02 million operating loss for January on $8.45 million in revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.
The net loss for the month was $32.58 million.
The company listed $37.42 million in cash and cash equivalents as of Jan. 31.
Aegean, a marine fuel logistics company based in Piraeus, Greece, filed bankruptcy on Nov. 6. The Chapter 11 case number is 18-13374.
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