Aegean - 5th Bunkering Tanker Newbuild

Friday, November 21, 2008

Aegean Marine Petroleum Network Inc. (NYSE:ANW)  announced that it has taken delivery of the Patmos, a 6,280 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The Patmos will be deployed to the Company's U.A.E. market.

Including the Patmos, Aegean now has a current bunkering delivery fleet of 30 vessels and barges, of which 25 are double hull. The company expects to take delivery of 22 remaining double-hull tanker newbuilds over the next two years, which will increase its total bunkering delivery fleet to 52.


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