Swann Oil Relocates New York Office

Swann Oil, Inc., 130 Presidential Boulevard, Bala Cynwyd, Pa.

19004, has announced the relocation of its New York Supply and Distribution Offices to 405 Park Avenue, New York, N.Y. 10022.

John P. Stathis, Swann's vice president, Supply and Distribution, will be in charge of the office.

Swann's Supply and Distribution component handles the firm's international ship chartering requirements and the sale of bunkering services to non-company vessels, and coordinates the international and domestic supply of a variety of petroleum products to the company's wholly owned and operated logistical network. This network includes company owned and operated terminals in Sassamansville, Allen town, Philadelphia and Pinedale, Pa.; Augusta and Savannah, Ga.; Chesapeake and Richmond, Va.; and Wilmington, N.C. Products are delivered using company vehicles and vessels — the firm maintains one of the largest privately held truck fleets in the E a s t e r n United States, a variety of integrated tug-barge units and oceangoing tankers.

Since its founding in 1948 by Leonard A. Swann Sr., Swann Oil has grown to be one of the largest independent i m p o r t e r s and marketers of petroleum products in the Eastern United States. In 1975, the company moved its executive headquarters from Sassamansville to Bala Cynwyd, suburb of Philadelphia. Leonard A.

Swann Sr. is chairman of the board, Leonard A. Swann Jr. is president and chief executive officer of Swann Oil, Inc.

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