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Thursday, April 15, 2010 12:30:32 PM
Voyager Petroleum Begins Pilot Program Shipping Products in Caribbean
Voyager Petroleum, Inc. (Pink Sheets:VYGO) (Frankfurt:DXD), a leading mid-market petroleum-based brokerage, processing and distribution company, announced today that it has embarked on a Pilot Program shipping petroleum-based products in the Caribbean through its wholly-owned subsidiary Monarch Petroleum, Inc.
A pilot program has been implemented employing the 65 meter vessel with 310,000 gallon capacity, the American Corvel I, to transport petroleum products beginning with Diesel Fuel (D-2) to various locations throughout the Caribbean. The goal of this pilot program, within this geographic region, is to improve and simplify the systems of product pick-up and delivery as the critical element. The program is geared towards cost efficiencies and to exploit our existing customers as well as our new strategic partner relationship with Atlantis Fuel, LLC, www.atlantisfuel.com.
Sebastien Dufort, CEO, for Voyager Petroleum commented, "This is a tremendous step in building an extremely strong foundation with our new strategic partner while focusing on increasing shareholder value."
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