Aegean Marine Petroleum Network, Inc. (Aegean) is a holding company. Through its subsidiaries, the Company operates as an independent physical supplier and marketer of refined marine fuel and lubricants. The Company procures marine fuel from refineries, oil producers, and resells to a diversified customer base, representing all segments of the shipping industry, including tankers, container ships, drybulk carriers, cruise ships, reefers, liquefied natural gas (LNG)/liquefied petroleum gas (LPG), car carriers, ferries, and marine fuel traders and brokers. The Company serves Greece, Gibraltar, the United Arab Emirates, Jamaica, Singapore, Northern Europe, Portland, West Africa, Vancouver, Montreal and Mexico. As of March 31, 2009, it owned a fleet of 33 bunkering vessels, 28 of which are double hull. On July 1, 2008, Aegean acquired ICS Petroleum Ltd., a Canada-based marketer and supplier of marine petroleum products in Vancouver, Montreal and Mexico.
