Aegean Angel - The new addition to Arcadia Shipmanagement Co Ltd

The naming of the "Aegean Angel" by Mrs Kari Wiik, wife of Mr. John Wiik, Managing Director of The Norwegian Hull Club, was celebrated on the 26th of July 2004 at the Hyundai Heavy Industries shipyard in Ulsan of South Korea with representatives from the Owners, Arcadia Shipmanagement and the Royal Bank of Scotland. As per company tradition , the ship hoisted the Greek flag.

The "Aegean Angel" is a suezmax tanker which will be followed by a further sister vessel in October 2004. With the company's on-going investment program, a further two sister ships to the Aegean Angel will be delivered from Hyundai shipyards in 2007.