Aegean Marine Petroleum Network Inc. Takes Delivery of Bunkering Tanker Newbuilding

PIRAEUS, Greece, March 10 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW), an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea, today announced that it has taken delivery of the Kimolos, a 4,600 dwt newly built double-hull bunkering tanker from Fujian Southeast Shipyard in China. The Kimolos will be deployed to Aegean's service center located in Singapore.

E. Nikolas Tavlarios, President, commented, "We are pleased to once again expand our global marine fuel logistics infrastructure following the delivery of the Kimolos. Building upon this growth, we plan to take delivery of seven additional bunkering tanker newbuildings in 2008. By significantly expanding our double-hull fleet, we expect to further grow fuel sales volumes in both the near term and long term as we continue to take advantage of the positive industry fundamentals."

About Aegean Marine Petroleum Network Inc.
Aegean Marine Petroleum Network Inc. is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea. As a physical supplier, the Company purchases marine fuel from refineries, major oil producers and other sources. The Company sells and delivers these fuels to a diverse group of ocean-going and coastal ship operators and marine fuel traders, brokers and other users through its service centers in Greece, Gibraltar, Singapore, Jamaica, the United Arab Emirates, Belgium and Ghana, and plans to commence physical supply operations in the United Kingdom during the first quarter of 2008.

Source: Aegean Marine Petroleum