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

PIRAEUS, Greece, June 30 - Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that it has taken delivery of the Mykonos, a 4,600 dwt double-hull bunkering tanker newbuild from Fujian Southeast Shipyard in China. The Mykonos will be deployed to Aegean's Gibraltar service center, increasing the total number of vessels operating in this market to five.

Including the Mykonos, Aegean has taken delivery of three newbuilds year-to-date and now boasts a total of 23 bunkering tankers in operation. The Company expects to take delivery of five additional double-hull newbuilds in 2008, another 13 in 2009, and six in 2010, which will more than double Aegean's bunkering tanker fleet to 47 over the next two years.

E. Nikolas Tavlarios, President, commented, "We are pleased to take delivery of our seventh newbuild from Fujian Southeast Shipyard. As we continue to expand our high-quality logistics infrastructure, Aegean remains committed to further strengthening its position as the leading independent physical supplier of marine fuel globally."

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, Northern Europe, West Africa, the United Kingdom, and plans to commence physical supply operations in North America during the third quarter of 2008.

Source: Aegean Marine Petroleum