Aegean Takes Delivery of Tanker Newbuilding

Wednesday, March 04, 2009

Aegean Marine Petroleum Network Inc. (NYSE:ANW) on March 3 announced that it has taken delivery of the Kalymnos, a 6,272 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the Company's new market in Trinidad and Tobago.

E. Nikolas Tavlarios, President, said, "We are pleased to take delivery of the Kalymnos, our second bunkering tanker newbuilding to date in 2009 and twelfth since our IPO in December 2006. We plan to deploy this double-hull vessel to our new and attractive market in Trinidad and Tobago, where we expect to commence operations in the second quarter of 2009. By once again expanding both our global platform and modern bunkering delivery fleet, we plan to further strengthen our leading competitive position for the global supply of marine fuel and drive future sales volumes."


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