| Name      of Subsidiary                    | Jurisdiction      of Incorporation |
|--------------------------------------------|------------------------------------|
| Aegean      Marine Petroleum S.A.          | Liberia                            |
| Aegean      Bunkering Services Inc         | Marshall      Islands              |
| Aegean      Investments S.A.               | Marshall      Islands              |
| Aegean      Oil (USA) LLC                  | United      States                 |
| Aegean      Holdings S.A.                  | Marshall      Islands              |
| Aegean      Shipholdings Inc.              | Marshall      Islands              |
| Aegean      Marine Petroleum LLC           | United      Arab Emirates          |
| Aegean      Bunkering (Gibraltar) Limited  | Gibraltar                          |
| Aegean      Bunkering (Jamaica) Limited    | Jamaica                            |
| Aegean      Petrol Ticaret Anonim Sirketi  | Turkey                             |
| Aegean      VII Shipping Ltd               | Malta                              |
| Aegean      X Maritime Inc                 | Marshall      Islands              |
| Baldwin      Management Co.                | Marshall      Islands              |
| Carmel      Investments Corp.              | Marshall      Islands              |
| Clyde      I Shipping Corp.                | Marshall      Islands              |
| Evian      Enterprises Co.                 | Marshall      Islands              |
| Pontos      Navigation Inc.                | Marshall      Islands              |
| Sea      Breezer Marine S.A.               | Marshall      Islands              |
| Tiffany      Marine S.A.                   | Marshall      Islands              |
| Venus      Holding Company                 | Marshall      Islands              |
| Amorgos      Maritime Inc.                 | Marshall      Islands              |
| Kimolos      Maritime Inc.                 | Marshall      Islands              |
| Kithnos      Maritime Inc.                 | Marshall      Islands              |
| Milos      I Maritime Inc.                 | Marshall      Islands              |
| Mykonos      I Maritime Inc.               | Marshall      Islands              |
| Naxos      Maritime Inc.                   | Marshall      Islands              |
| Paros      Maritime Inc.                   | Marshall      Islands              |
| Santorini      I Maritime Inc.             | Marshall      Islands              |
| Serifos      Maritime Inc.                 | Marshall      Islands              |
| Syros      I Maritime Inc.                 | Marshall      Islands              |
| Ocean      Dynamic Corp.                   | Marshall      Islands              |
| Sea      Global S.A.                       | Marshall      Islands              |
| Aegean      Bunkering (Singapore) Pte. Ltd | Singapore                          |
| Baltic      Navigation Company             | Marshall      Islands              |
| Carnaby      Navigation Inc.               | Liberia                            |
| Mare      Vision S.A.                      | Marshall      Islands              |
| Benmore      Services S.A.                 | Liberia                            |

----

| Name      of Subsidiary                     | Jurisdiction      of Incorporation |
|---------------------------------------------|------------------------------------|
| Tasman      Seaways Inc                     | Liberia                            |
| Santon      Limited                         | Liberia                            |
| Ingram      Enterprises Co                  | Liberia                            |
| Eton      Marine Ltd                        | Liberia                            |
| Aegean      Breeze Shipping Pte. Ltd.       | Singapore                          |
| Aegean      Tanking S.A.                    | Liberia                            |
| Ouranos      Tanking S.A.                   | Liberia                            |
| Aegean      Tiffany Shipping Pte. Ltd.      | Singapore                          |
| Milos      Shipping (Pte.) Ltd.             | Singapore                          |
| Serifos      Shipping (Pte.) Ltd.           | Singapore                          |
| Tinos      Marine Inc                       | Liberia                            |
| Sifnos      Marine Inc                      | Liberia                            |
| Andros      Marine Inc                      | Liberia                            |
| Dilos      Marine Inc                       | Liberia                            |
| Ios      Marine Inc                         | Liberia                            |
| Aegean      (Fujairah) Bunkering S.A.       | Marshall      Islands              |
| Cephallonia      Marine S.A.                | Liberia                            |
| Ithaki      Marine S.A.                     | Liberia                            |
| Kerkyra      Marine S.A.                    | Liberia                            |
| Kythira      Marine S.A.                    | Liberia                            |
| Lefkas      Marine S.A.                     | Liberia                            |
| Paxoi      Marine S.A.                      | Liberia                            |
| Zakynthos      Marine S.A.                  | Liberia                            |
| AMPN      USA LLC                           | United      States                 |
| Aegean      Bunkering (Panama) S.A          | Panama                             |
| Aegean      Bunkering (Ghana) Limited       | Ghana                              |
| Vera      Navigation S.A.                   | Liberia                            |
| Aegean      Bunkers at Sea N.V.             | Belgium                            |
| Portland      Bunkers International Limited | United      Kingdom                |
| Ostria      Roro Shipholdings Ltd           | Malta                              |
| Maistros      Roro Shipholdings Ltd         | Malta                              |
| Aegean      Bunkering (Malta) Limited       | Malta                              |
| Kimolos      Shipping (Pte.) Ltd.           | Singapore                          |
| Aegean      Management Services M.C.        | Greece                             |
| Aegean      Seven Maritime Inc.             | Liberia                            |
| Aegean      Shipping Services Pte. Ltd.     | Singapore                          |
| Kassos      Navigation S.A.                 | Liberia                            |
| Tilos      Navigation S.A.                  | Liberia                            |
| Halki      Navigation S.A.                  | Liberia                            |
| Symi      Navigation S.A.                   | Liberia                            |
| Aegean      Petroleum International Inc.    | Marshall      Islands              |

----

| Name      of Subsidiary                | Jurisdiction      of Incorporation   |
|----------------------------------------|--------------------------------------|
| Nevado      Navigation S.A.            | Liberia                              |
| Aegean      Ship III Maritime Company  | Greece                               |
| Aegean      Ship VIII Maritime Company | Greece                               |
| Aegean      Ship XII Maritime Company  | Greece                               |
| Aegean      Maistros Maritime Company  | Greece                               |
| Aegean      Ostria Maritime Company    | Greece                               |
| ICS      Petroleum (Montreal) Ltd      | Canada                               |
| ICS      Petroleum Ltd                 | British      Columbia (Canada)       |
| West      Coast Fuel Transport Ltd.    | British      Columbia (Canada)       |
| Aegean      Rose Maritime Company      | Greece                               |
| Paros      Shipping (Pte.) Ltd.        | Singapore                            |
| AMP      Maritime S.A.                 | Liberia                              |
| Aegean      Daisy Maritime Company     | Greece                               |
| Naxos      Shipping (Pte.) Ltd.        | Singapore                            |
| Aegean      Agency (Gibraltar) Limited | Gibraltar                            |
| Aegean      Bunkering (Trinidad) Ltd   | Republic      of Trinidad and Tobago |
| Aegean      Caribbean Holdings Inc     | Saint      Lucia                     |
| Aegean      Breeze Maritime Company    | Greece                               |
| Aegean      Tiffany Maritime Company   | Greece                               |
| Aegean      Ace Maritime Company       | Greece                               |
| Silver      Sea Shipping S.A.          | Liberia                              |
| ICS      Bunkering Services Ltd.       | British      Columbia (Canada)       |