Oil spill recovery services contract

Under the terms of the agreement, the "Sara", a 1990-built and 2003-upgraded 7,233 dwt double-hull bunkering tanker, will serve on stand-by through 2013 in the event the vessel is required to provide oil spill recovery services. Aegean acquired the "Sara" in October 2007 in connection with its acquisition of Bunkers at Sea, a Belgium-based marketer and physical supplier of marine fuel. The vessel will continue to provide bunkering services in the area during the stand-by period.

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.