Aegean signs its first ESG linked facility agreement!

New ESG linked financial agreement for Aegean Shipping Management!

We are very pleased to announce that on May 6th, 2022 Aegean Shipping signed an innovative ESG linked financial agreement with Piraeus Bank SA to finance part of the acquisition cost for 2 out of the 4 “Green” new building Aframax vessels, tbn Green Anax and Green Azure. This new sustainability linked loan agreement is in line with our commitment towards increased transparency through ESG reporting, sustainable growth, innovation and operational excellence for the benefit of our stakeholders.

Mr. George Melisanidis, Chairman of Aegean Shipping comments: “Our business strategy is focused on investing in modern and energy efficient vessels with low emissions and minimal environmental impact, while offering the best value proposition and maintaining strong long-lasting relationships with our clients and financial institutions. Meeting or exceeding our customers’ requirements and expectations, while continually enhancing our operational efficiency, is key for our daily activities”.