Aegean Marine Petroleum Network Inc. Acquires Double-Hull Barge

Further Expands Delivery Capacity in Vancouver

PIRAEUS, Greece, June 1 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that, through a Company affiliate, it has taken delivery of the ITB Provider, a 2001-built 2,315 mt double-hull barge to be renamed PT 22, from an unrelated third party. The barge, which was previously chartered to a Canadian-based subsidiary of Exxon Mobil, is expected to be deployed to Aegean's Vancouver market.

E. Nikolas Tavlarios, President, commented, "Management's strategic acquisition of a double-hull barge further increases Aegean's delivery capacity and expands the Company's ability to drive future sales volumes in Vancouver, one of the largest ports in North America based on total cargo volume. The barge is fully compliant with IMO regulations and complements our two barges that currently serve this important commercial hub. By once again expanding our bunkering delivery fleet utilizing our considerable financial flexibility, we have enhanced Aegean's position to meet the strong demand for modern tonnage and strengthen its leading brand as an independent physical supplier of marine fuel on a global basis."

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. The Company procures product from various sources (such as refineries, oil producers, and traders) and resells it to a diverse group of customers across all major commercial shipping sectors and leading cruise lines. Currently, Aegean has a global presence in 14 markets, including Vancouver, Montreal, Mexico, Jamaica, West Africa, Gibraltar, U.K., Northern Europe, Piraeus, Patras, the United Arab Emirates, Trinidad and Tobago as well as Singapore, and plans to commence operations in Tangiers, Morocco.

Source: Aegean Marine Petroleum Network Inc.