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Stock impact report

Platts: Aegean Marine cutting clients' credit terms [Seeking Alpha]

Marine Petroleum Trust - Units of Beneficial Interest (MARPS) 
US:NASDAQ Investor Relations: marps-marine.com
Company Research Source: Seeking Alpha
Platts: Aegean Marine cutting clients' credit termsAegean Marine Petroleum (ANW-0.8%) has begunlimiting payment terms for its marine fuel customers to as little as 14 days after delivery,Platts reports.ANW's new credit terms will be helpful for its balance sheet but may mean the bunker fuel supplier will struggle to compete with rival companies offering more generous terms, according to the report.ANW missed an April 30 deadline to file its 2017 annual report to the SEC, saying it expects a significant change in results from the previous year and needs additional time to review its financial statements.See all stocks on the move »Now read:An 11% Yielder, With Strong 1.5X Coverage, Has Finally Turned Around » Show less Read more
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