Ics Petroleum News

Aegean 3Q, 9 Mo Results

Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced financial and operating results for the third quarter and nine months ended September 30, 2008. •    Increased sales volumes to 1,338,914 metric tons in Q3 2008 and 3,631,486 metric tons for the nine months ended September 30, 2008. •    Generated gross spread on marine petroleum products of $44.4 million in Q3 2008 and $115.3 million for the nine months ended September 30, 2008. •    Recorded operating income of $15.1 million in Q3 2008 and $36.0 million for the nine months ended September 30, 2008. •    Reported adjusted net income, which excludes certain special items including $0.9 million relating to a tax accrual and $0.2 million relating to the automatic vesting of shares belonging to our deceased Director…