Aegean Marine Petroleum Network has started 2012 on a positive note with a 55% jump in first quarter profits to $6.3m.

Nikolas Tavlarios
Total revenues for the first three months increased by 12% to $1.8bn compared to $1.6bn for the same period in 2011.

Sales of marine petroleum products increased by over 12% to $1.8bn versus the $1.6bn seen at the start of last year.

However,