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

Increases Delivery Capacity in the U.K

PIRAEUS, Greece, Dec. 2 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that it has taken delivery of the Paxoi, a 5,500 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the Company's market located in the U.K.

E. Nikolas Tavlarios, President, commented, "With the delivery of the Paxoi, Aegean continues to execute its well-capitalized growth strategy and strengthen its leading competitive position. This vessel represents the 10th double-hull bunkering vessel delivered in 2009 and the 20th since Aegean's IPO in December 2006. By significantly expanding our high-quality logistics infrastructure, we have further enhanced our ability to take advantage of the regulatory phase-out of single-hull tankers and increase our global market share for the physical supply of marine fuel."

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, Trinidad and Tobago, West Africa, Gibraltar, U.K., Northern Europe, Piraeus, Patras, the United Arab Emirates, Singapore as well as Tangiers, Morocco.

Source: Aegean Marine Petroleum Network Inc.