Market Overview

Aegean Marine Petroleum Network Announces Key Leadership Changes


Aegean Marine Petroleum Network Inc. (NYSE:ANW) ("Aegean" or the
"Company") today announced that President Jonathan McIlroy will leave
the Company, effective November 15, 2018. On August 9, 2018, the Company
announced the appointment of Kostas Polydakis to the position of Chief
Operating Officer, as well as his qualifications and experience. Mr.
Polydakis is serving on the Company's Management Committee, along with
the Company's Chief Financial Officer, and the Company's Global Director
of Supply and Trading. Effective November 15, 2018, Mr. Polydakis will
assume Mr. McIlroy's remaining duties, and will continue to serve on the
Management Committee.

Aegean also announced today that David Gallagher has been appointed to
the Company's Board of Directors, consistent with the terms of the
Company's previously-announced agreements with Mercuria Energy Group
("Mercuria"). Mr. Gallagher is Global Head of Structuring and
Origination at Mercuria.

"I want to express my thanks to Jonathan McIlroy for his service as
President of AMPNI," said Donald Moore, Chairman of the Board of AMPNI.
"I am delighted that Kostas Polydakis is taking on additional
responsibilities at AMPNI. He has already distinguished himself in the
role of Chief Operating Officer, and I am confident that he will
continue working tirelessly to shape and execute the Company's strategy.
I am likewise pleased to welcome David Gallagher to AMPNI's Board, and I
look forward to the key role he will play in helping to oversee the
Company's long-term growth strategy."

About Kostas Polydakis

Kostas Polydakis has more than 20 years of experience in the shipping
industry, including nearly 12 years at Aegean. Prior to his appointment
as the Company's COO, he served as Managing Director of Shipping, a role
in which he oversaw the creation of the Company's shipping division,
growing it to a fleet of 50 tankers.

In his previous positions at Aegean as Technical Manager and Deputy
General Manager of the Bunkering Services division from 2006 to 2017,
Mr. Polydakis was responsible for the performance and day-to-day
operations of all division departments. He also completed over 40 sale
and purchase transactions and multiple new building projects, in
addition to successfully reducing fleet operating expenses.

About David Gallagher

David Gallagher is Global Head of Structuring and Origination at
Mercuria Energy Group. Prior to joining Mercuria in 2016, he was Global
Head of Commodities Structuring and EMEA Head of Corporate Originations
at Goldman Sachs.

About Aegean Marine Petroleum Network Inc.

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 more than 30 markets and a team of
professionals ready to serve its customers wherever they are around the
globe. For additional information please visit:

Cautionary Statement Regarding Forward-Looking Statements

This release contains "forward-looking" statements that are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Statements that are predictive in nature,
that depend upon or refer to future events or conditions, or that
include words such as "expects," "anticipates," "intends," "plans,"
"believes," "estimates," "will," and similar expressions are
forward-looking statements. Forward-looking statements involve known and
unknown risks and uncertainties that may cause actual future results to
differ materially from those projected or contemplated in the
forward-looking statements. Given the risks and uncertainties inherent
in forward-looking statements, you are cautioned not to place undue
reliance on any of our forward-looking statements. Forward-looking
statements speak only as of the date on which the statements are made.
Aegean undertakes no duty, and expressly disclaims any obligation, to
update these forward-looking statements to reflect any future events,
developments or otherwise.

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