Global Investigations Review - The law and practice of international investigations

Shipping fuel company under investigation by Manhattan federal prosecutors

By Marieke Breijer

02 November 2018

Shipping fuel company under investigation by Manhattan federal prosecutors Aegean Marine Petroleum is headquartered in Greece. Credits: Guillaume Piolle via Wikimedia Commons (CC BY 3.0)

An audit committee for New York-listed shipping fuel supplier Aegean Marine Petroleum has claimed that up to $300 million of company assets were misappropriated through fraudulent activities, in an investigation that has been reported to US authorities.