| Private & Confidential                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     Dated 14 October 2010                                                                                                                                                                                                                                                                                                                                                                                                             |
|     THIRD SUPPLEMENTAL AGREEMENTrelating to a Revolving Credit Facility and a Guaranteeand Letter of Credit Facility ofup to (originally) US$1,000,000,000toAEGEAN MARINE PETROLEUM S.A.as Borrower provided byTHE BANKS AND FINANCIAL INSTITUTIONSlisted in schedule 1as Banks Mandated Lead Arranger and BookrunnerHSH NORDBANK AGAgent, Security Agent and Account BankTHE ROYAL BANK OF SCOTLAND PLC     |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                |

----

| Clause |                                            | Page    |
|--------|---------------------------------------------------------------------|---------|
|   |                                                                |    |
| 1      | Definitions                                                         | 2  |
| 2      | Consent of the Creditors                                            | 4  |
| 3      | Amendments to Principal Agreement and Principal Corporate Guarantee | 4  |
| 4      | Representations and warranties                                      | 6  |
| 5      | Conditions                                                          | 8  |
| 6      | Supplemental Parties' confirmations                                 | 8  |
| 7      | Fees and expenses                                                   | 8  |
| 8      | Miscellaneous and notices                                           | 9  |
| 9      | Applicable law                                                      | 10      |

| Schedule 1 Names and lending offices of the Banks                        | 11       |
|--------------------------------------------------------------------------|----------|
|  Schedule 2 The Owners                                              |  12 |
|  Schedule 3 Documents and evidence required as conditions precedent |  14 |
|  Schedule 4 Form of Amended and Restated Loan Agreement             |  16 |
|  Schedule 5 Form of APII Guarantee                                  |  17 |
|  Schedule 6 Form of APII Oil Products Security Deed                 |  18 |

----

| (1) | AEGEAN MARINE PETROLEUM S.A., a corporation incorporated in the Republic of Liberia whose registered office is at 80 Broad Street, Monrovia, Liberia (the "Borrower"); |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | THE BANKS AND FINANCIAL INSTITUTIONS listed in schedule 1 as Banks (together the "Banks"); |
|-----|--------------------------------------------------------------------------------------------|

| (3) | THE ROYAL BANK OF SCOTLAND PLC as agent (the "Agent"); |
|-----|--------------------------------------------------------|

| (4) | THE ROYAL BANK OF SCOTLAND PLC as account bank (the "Account Bank"); |
|-----|----------------------------------------------------------------------|

| (5) | THE ROYAL BANK OF SCOTLAND PLC as security agent (the "Security Agent"); |
|-----|--------------------------------------------------------------------------|

| (6) | HSH NORDBANK AG as mandated lead arranger and bookrunner (the "Arranger"); |
|-----|----------------------------------------------------------------------------|

| (7) | THE COMPANIES listed in Schedule 2 as Owners (together the "Owners" and each an "Owner"); |
|-----|-------------------------------------------------------------------------------------------|

| (8) | AEGEAN BUNKERING SERVICES INC., a corporation incorporated in the Marshall Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 (the "Manager"); |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | AEGEAN MANAGEMENT SERVICES M.C., a company incorporated in the Hellenic Republic whose registered office is at 42 Hatzikiriakou Street, 185 38 Piraeus, Greece (the "New Manager"); and |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10) | AEGEAN MARINE PETROLEUM NETWORK INC., a corporation incorporated in the Marshall Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 (the "Corporate Guarantor"). |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (A) | this Agreement is supplemental to: |
|-----|------------------------------------|

|   | (a) | the loan agreement dated 30 September 2008 (the "Original Agreement"), as amended and supplemented by various supplemental letters and agreements (the "Supplemental Letters") and as further amended and restated by a first supplemental agreement dated 16 March 2009 (the "First Supplemental Agreement") and by a second supplemental agreement dated 17 September 2009 (the "Second Supplemental Agreement" and, together with the Original Agreement, the Supplemental Letters and the First Supplemental Agreement, the "Principal Agreement") made between (1) the Borrower as borrower, (2) the Banks as lenders, (3) the Agent, (4) the Arranger, (5) the Security Agent and (6) the Account Bank, relating to a revolving credit facility and a multi-currency guarantee and letter of credit facility of up to One billion Dollars |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   |   | ($1,000,000,000), made available by the Banks to the Borrower upon the terms and conditions set out therein; and |
|--------|--------|------------------------------------------------------------------------------------------------------------------|

|   | (b) | the corporate guarantee dated 17 September 2009 (the "Principal Corporate Guarantee") made between the Corporate Guarantor and the Agent in respect of the obligations of the Borrower under the Principal Agreement; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B) | the Borrower has requested that the Creditors: |
|-----|------------------------------------------------|

|   | (a) | agree that the minimum shareholding threshold of Mr Dimitrios Melisanidis in the Corporate Guarantee is reduced from 26% to 15%; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | consent to the sale of m.t.s Aegean IX, Aegean Force and Aegean Pride I; |
|--------|-----|--------------------------------------------------------------------------|

|   | (c) | consent to the Borrower entering into a certain facility agreement with BNP Paribas on terms requested and presented in writing by the Borrower to the Creditors prior to the date of this Agreement; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | agree that L/Cs may be issued under the Guarantee Facility, also on account of APII (as defined below), a wholly-owned direct Subsidiary of the Corporate Guarantor; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (C) | the Creditors have given their consent to the sale of m.t.s Aegean IX, Aegean Force and Aegean Pride I and to the Borrower entering into such credit facility with BNP Paribas as mentioned in Recital (B) and to the other matters referred to in Recital (B) above, on condition that: |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | the Applicable RCF 1 Limit is reduced from US$102,500,000 to US$97,935,000; |
|--------|-----|-----------------------------------------------------------------------------|

|   | (b) | a prepayment of US$6,000,000 is made to the Banks under RCF 1 (which prepayment has already been made by the Borrower); |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the entry into the said credit facility with BNP Paribas is subject to the restrictions and other terms and conditions set out in clause 2.1.2; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | certain other amendments are made to the Principal Agreement and the Principal Corporate Guarantee; and |
|--------|-----|---------------------------------------------------------------------------------------------------------|

| (D) | this Agreement sets out (inter alia) the terms and conditions upon which the Creditors have, at the request of the Borrower, agreed to the matters referred to in Recital (B) above. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 1 | Definitions |
|--------|---|-------------|

|   | 1.1 | Defined expressions |
|--------|-----|---------------------|

----

|   | 1.2 | Definitions |
|--------|-----|-------------|

|   | 1.3 | Principal Agreement and Principal Corporate Guarantee |
|--------|-----|-------------------------------------------------------|

|   | (a) | References in the Principal Agreement to "this Agreement" shall, with effect from the Effective Date and unless the context otherwise requires, be references to the Principal Agreement as amended by this Agreement and words such as "herein", "hereof", "hereunder", "hereafter", "hereby" and "hereto", where they appear in the Principal Agreement, shall be construed accordingly. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (b) | References in the Principal Corporate Guarantee to "this Guarantee" shall, with effect from the Effective Date and unless the context otherwise requires, be references to the Principal Corporate Guarantee as amended by this Agreement and words such as "herein", "hereof", "hereunder", "hereafter", "hereby" and "hereto", where they appear in the Principal Corporate Guarantee, shall be construed accordingly. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 1.4 | Headings |
|--------|-----|----------|

|   | 1.5 | Construction of certain terms |
|--------|-----|-------------------------------|

|   | 2 | Consent of the Creditors |
|--------|---|--------------------------|

|   | 2.1 | The Creditors, relying upon the representations and warranties made by each of the Supplemental Parties in clause 4, agree with the Borrower that, subject to the terms and conditions of this Agreement and in particular, but without prejudice to the generality of the foregoing, fulfilment on or before 27 October 2010 of the conditions contained in clause 5 and schedule 3, the Creditors agree to: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | the sale of m.t. Aegean IX, m.t. Aegean Force and m.t. Aegean Pride I and the other matters set out in Recital (B) of this Agreement; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the Borrower entering into a credit facility with BNP Paribas in the amount not exceeding $100,000,000, for a period not exceeding 12 months on the terms and conditions communicated by the Borrower to the Agent by an email on 18 November 2009 under which the Borrower made the request for such consent to the Agent; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the amendment of the Principal Agreement and the Principal Corporate Guarantee on the terms set out in clause 3. |
|--------|-----|------------------------------------------------------------------------------------------------------------------|

|   | 2.2 | The Agent (acting on the instructions of all the Banks) shall advise the Borrower in writing of the Effective Date. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------|

|   | 3 | Amendments to Principal Agreement and Principal Corporate Guarantee |
|--------|---|---------------------------------------------------------------------|

|   | 3.1 | Amendments to Principal Agreement |
|--------|-----|-----------------------------------|

|   | 3.2 | Amendments to Principal Corporate Guarantee |
|--------|-----|---------------------------------------------|

----

|   | (a) | by deleting clause 4.1.10 of the Principal Corporate Guarantee in its entirety and by inserting in its place the following new clause 4.1.10: |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | the Borrower, each Owner, APII and each Manager are wholly-owned direct or indirect Subsidiaries of the Guarantor; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------|

|   | (b) | no less than 15% of the total issued voting share capital of the Guarantor and no less than 15% of the total issued share capital of the Guarantor, is ultimately beneficially owned by Mr Dimitrios Melisanidis; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Mr Dimitrios Melisanidis has and exercises the control of the Corporate Guarantor and the board of directors; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------|

|   | (d) | no person, or persons acting in concert (other than Mr Dimitrios Melisanidis) are the ultimate beneficial owners of more than 50% (or of any other percentage higher than that owned by Mr Dimitrios Melisanidis), of the total issued voting share capital of the Guarantor or of the total issued share capital of the Guarantor, or have, exercise or have obtained the control of the Guarantor or of its board of directors;"; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | by adding the words "or APII" after the words "in the Borrower" in clause 5.2.6 of the Principal Corporate Guarantee; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------|

|   | (c) | by deleting paragraph (c) of clause 5.3.1 of the Principal Corporate Guarantee in its entirety and by inserting in its place the following new paragraph (c): |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | Consolidated Liquid Funds of no less than $30,000,000 at the end of each calendar month and at the end of each Accounting Period; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | Consolidated Liquid Funds of no less than $15,000,000 on an average daily basis; and;"; and |
|--------|------|---------------------------------------------------------------------------------------------|

|   | (d) | by deleting paragraph (c) of clause 1 of schedule 1 (Form of Compliance) of the Principal Corporate Guarantee in its entirety and by inserting in its place the following new paragraph (c): |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "(c) | Consolidated Liquid Funds of no less than $30,000,000 at the end of each calendar month and at the end of each Accounting Period: - |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 3.3 | Continued force and effect |
|--------|-----|----------------------------|

|   | 4 | Representations and warranties |
|--------|---|--------------------------------|

|   | 4.1 | Primary representations and warranties |
|--------|-----|----------------------------------------|

|   | (a) | Existing representations and warranties |
|--------|-----|-----------------------------------------|

|   | (b) | Corporate power |
|--------|-----|-----------------|

|   | (c) | Binding obligations |
|--------|-----|---------------------|

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|   | (d) | No conflict with other obligations |
|--------|-----|------------------------------------|

|   | (e) | No filings required |
|--------|-----|---------------------|

|   | (f) | Choice of law |
|--------|-----|---------------|

|   | (g) | Consents obtained |
|--------|-----|-------------------|

|   | 4.2 | Repetition of representations and warranties |
|--------|-----|----------------------------------------------|

----

|   | 5 | Conditions |
|--------|---|------------|

|   | 5.1 | Documents and evidence |
|--------|-----|------------------------|

2

|   | 5.2 | General conditions precedent |
|--------|-----|------------------------------|

2

|   | (a) | the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | no Event of Default having occurred and continuing at the time of the Effective Date. |
|--------|-----|---------------------------------------------------------------------------------------|

|   | 5.3 | Waiver of conditions precedent |
|--------|-----|--------------------------------|

|   | 6 | Supplemental Parties' confirmations |
|--------|---|-------------------------------------|

|   | 6.1 | each of the Security Documents to which it is a party, and its obligations thereunder, shall remain in full force and effect notwithstanding the amendments made to the Principal Agreement and the Principal Corporate Guarantee by this Agreement and the other arrangements contained in this Agreement; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6.2 | its obligations under the relevant Security Documents to which it is a party include any and all amounts owing by the Borrower under the Principal Agreement as amended and supplemented by this Agreement; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6.3 | with effect from the Effective Date, references to "the Agreement" or the "theLoan Agreement", or the "Facility Agreement" (or similar or equivalent references) in any of the Security Documents to which it is a party, shall henceforth be references to the Principal Agreement as amended and supplemented by this Agreement and as from time to time hereafter amended; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6.4 | with effect from the Effective Date references to the "Corporate Guarantee" (or similar or equivalent references) in any of the Security Documents to which it is a party, shall henceforth be references to the Principal Corporate Guarantee as amended and supplemented by this Agreement and as from time to time hereafter amended. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7 | Fees and expenses |
|--------|---|-------------------|

----

|   | 7.1 | Fee |
|--------|-----|-----|

|   | 7.2 | Expenses |
|--------|-----|----------|

|   | (a) | in connection with the negotiation, preparation, execution and, where relevant, registration of this Agreement and the other Relevant Documents and of any amendment or extension of or the granting of any waiver or consent under this Agreement or the other Relevant Documents; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | in contemplation of, or otherwise in connection with, the enforcement of, or preservation of any rights under this Agreement or the other Relevant Documents or otherwise in respect of the monies owing and obligations incurred under this Agreement and the other Relevant Documents, |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7.3 | Value Added Tax |
|--------|-----|-----------------|

|   | 7.4 | Stamp and other duties |
|--------|-----|------------------------|

|   | 8 | Miscellaneous and notices |
|--------|---|---------------------------|

|   | 8.1 | Notices |
|--------|-----|---------|

----

|   | 8.2 | Counterparts |
|--------|-----|--------------|

|   | 9 | Applicable law |
|--------|---|----------------|

|   | 9.1 | Law |
|--------|-----|-----|

|   | 9.2 | Submission to jurisdiction |
|--------|-----|----------------------------|

|   | 9.3 | Contracts (Rights of Third Parties) Act 1999 |
|--------|-----|----------------------------------------------|

----

|  Name                      |  Lending Office                                       |
|--------------------------------------|------------------------------------------------------------|
|  The Royal Bank of Scotland plc |  45 Akti Miaouli185 36 PiraeusGreece             |
|  HSH Nordbank AG                |  Gerhart-Hauptmann-Platz 5020095 HamburgGermany  |

----

|   | (1)Owner                                                                                                                                                                                                    |   | (2)Country of Incorporation |   | (3)Registered office                                                                          |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------|--------|-----------------------------------------------------------------------------------------------|
| 1      | Aegean Daisy Maritime Company                                                                                                                                                                               |   | Greece                      |   | 44 Hatzikiriakou Street, 185 38 Piraeus, Greece                                          |
| 2      | Aegean Rose Maritime Company                                                                                                                                                                                |   | Greece                      |   | 44 Hatzikiriakou Street, 185 38 Piraeus, Greece                                          |
| 3      | Baltic Navigation Company                                                                                                                                                                                   |   | Marshall Islands            |   | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960  |
| 4      | Carnaby Navigation Inc.                                                                                                                                                                                     |   | Liberia                     |   | 80 Broad Street, Monrovia, Republic of Liberia                                           |
| 5      | Mare Vision S.A.                                                                                                                                                                                            |   | Marshall Islands            |   | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960  |
| 6      | Aegean Tanking S.A.                                                                                                                                                                                         |   | Liberia                     |   | 80 Broad Street, Monrovia, Republic of Liberia                                           |
| 7      | Ouranos Tanking S.A.                                                                                                                                                                                        |   | Liberia                     |   | 80 Broad Street, Monrovia, Liberia                                                       |
| 8      | Sea Breezer Marine S.A.                                                                                                                                                                                     |   | Marshall Islands            |   | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960  |
| 9      | Aegean Breeze Maritime Company                                                                                                                                                                              |   | Greece                      |   | 44 Hatzikiriakou Street, 185 38 Piraeus, Greece                                          |
| 10     | Aegean Tiffany Maritime Company                                                                                                                                                                             |   | Greece                      |   | 44 Hatzikiriakou Street, 185 38 Piraeus, Greece                                          |
| 11     | Aegean X Maritime Inc.                                                                                                                                                                                      |   | Marshall Islands            |   | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960  |
| 12     | Pontos Navigation Inc.                                                                                                                                                                                      |   | Marshall Islands            |   | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960  |
| 13     | Aegean Marine Petroleum LLC                          (Collateral Owner A) |   | United Arab Emirates        |   | P.O. Box 2688, Khorfakkan, Emirate of Sharjah, United Arab Emirates                      |
| 14     | Aegean Seven Maritime Inc. (Collateral Owner B)                                                                                                                                                             |   | Liberia                     |   | 80 Broad Street, Monrovia, Republic of Liberia                                           |

----

|   | (1)Owner | (2)Country of Incorporation | (3)Registered office |
|--------|----------|-----------------------------|----------------------|

| 15 | Venus Holding Company (Collateral Owner C) | Marshall Islands | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 |
|----|--------------------------------------------|------------------|-----------------------------------------------------------------------------------------|

----

|   | 1 | Corporate authorisation |
|--------|---|-------------------------|

|   | (a) | Constitutional documents |
|--------|-----|--------------------------|

|   | (b) | Resolutions |
|--------|-----|-------------|

|   | (A) | being true and correct; |
|--------|-----|-------------------------|

|   | (B) | being duly passed at meetings of the directors of such Relevant Party and of the shareholders/stockholders of such Relevant Party, each duly convened and held; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (C) | not having been amended, modified or revoked; and |
|--------|-----|---------------------------------------------------|

|   | (D) | being in full force and effect, |
|--------|-----|---------------------------------|

|   | (c) | Certificate of incumbency |
|--------|-----|---------------------------|

----

| 4 |   | Mortgage Addenda registration |
|---|--------|-------------------------------|

| 5 |   | Legal opinions |
|---|--------|----------------|

| 6 |   | Oil Products insurance |
|---|--------|------------------------|

|   | (i) | a copy, certified by the Borrower's counsel to be a true copy of the original, of the insurance policy or policies complying with the terms required under clause 8.1.16 of the amended and restated Loan Agreement, including in respect of the Oil Products owned from time to time by APII, and otherwise in all respects acceptable to the Agent; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | evidence that the Borrower is in all respects in compliance with clause 8.1.16 of the amended and restated Loan Agreement; and |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | if requested by the Banks, an insurance opinion from insurance advisors to the Agent on the matters referred to in this paragraph 6, at the cost of the Borrower; and |
|--------|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7 |   | Process agent |
|---|--------|---------------|

----

----

----

----

| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                     |
|-------------------------------------------|---------|--------------------------|
| for and on behalf of each of              | )       | /s/ Ypapanti Koumbiadou  |
| AEGEAN MARINE PETROLEUM S.A.              | )       | Attorney-in-fact         |
| as Borrower                               | )       |                     |
| in the presence of                   | )  |                     |
|                                      |    |                     |
| /s/ Anthi Keketov                    |    |                     |
| Witness                              |    |                     |
| Name:  Anthi Kekatov                 |    |                     |
| Address:                             |    |                     |
| Occupation:                          |    |                     |
|                                      |    |                     |
|                                      |    |                     |
| Banks                                     |    |                     |
|                                      |    |                     |
| SIGNED by Fotios Brutimos            | )       |                     |
| for and on behalf of                      | )       | /s/ Fotios Bratimos      |
| THE ROYAL BANK OF SCOTLAND PLC            | )       | Attorneys-in-fact        |
| as Bank                                   | )       |                     |
|                                      |    |                     |
|                                      |    |                     |
|                                      |    |                     |
| SIGNED by Pinelopi-Anna Miliou            | )       |                     |
| for and on behalf of                      | )       | /s/ Pinelopi-Anna Miliou |
| HSH NORDBANK AG                           | )       | Attorney-in-fact         |
| as Bank                                   | )       |                     |
|                                      |    |                     |
|                                      |    |                     |
| Agent                                     |    |                     |
|                                      |    |                     |
| SIGNED by Fotios Bratimos            | )       |                     |
| for and on behalf of                      | )       | /s/ Fotios Bratimos      |
| THE ROYAL BANK OF SCOTLAND PLC            | )       | Attorneys-in-fact        |
| as Agent                                  | )       |                     |
|                                      |    |                     |
|                                      |    |                     |
| Security Agent                            |    |                     |
|                                      |    |                     |
| SIGNED by Fotios Bratimos                 | )       |                     |
| for and on behalf of                      | )       | /s/ Fotios Bratimos      |
| THE ROYAL BANK OF SCOTLAND PLC            | )       | Attorneys-in-fact        |
| as Security Agent                         | )       |                     |
|                                      |    |                     |
|                                      |    |                     |
| Account Bank                              |    |                     |
|                                      |    |                     |
| SIGNED by Fotios Bratimos                 | )       |                     |
| for and on behalf of                      | )       | /s/ Fotios Bratimos      |
| THE ROYAL BANK OF SCOTLAND PLC            | )       | Attorneys-in-fact        |
| as Account Bank                           | )       |                     |
|                                      |    |                     |
|                                      |    |                     |
| Issuing Bank                              |    |                     |
|                                      |    |                     |
| SIGNED by Fotios Bratimos            | )  |                     |
| for and on behalf of                 | )  | /s/ Fotios Bratimos      |
| THE ROYAL BANK OF SCOTLAND PLC            | )  | Attorneys-in-fact   |
| as Issuing Bank                      | )  |                     |

----

| Arranger                                              |    |                      |
|-------------------------------------------------------|---------|---------------------------|
|                                                  |    |                      |
| SIGNED by Pinelopi-Anna Miliou                        | )       |                      |
| for and on behalf of                                  | )       | /s/ Pinelopi-Anna Miliou  |
| HSH NORDBANK AG                                       | )       | Attorney-in-fact          |
| as Arranger                                           | )       |                      |
|                                                  |    |                      |
|                                                  |    |                      |
|                                                  |    |                      |
| Owners                                                |    |                      |
|                                                  |    |                      |
| EXECUTED as a DEED by Emmanuil Giannikouris | )       |                      |
| for and on behalf of                                  | )       | /s/ Emmanuil Giannikouris |
| AEGEAN DAISY MARITIME COMPANY                         | )       | Attorney-in-fact          |
| as Owner                                              | )       |                      |
| in the presence of:                              | )  |                      |
|                                                  |    |                      |
| /s/ Anthi Kekatou                                |    |                      |
| Witness                                               |    |                      |
| Name: Anthi Kekatou                                   |    |                      |
| Address:                                         |    |                      |
| Occupation:                                      |    |                      |
|                                                  |    |                      |
|                                                  |    |                      |

| EXECUTED as a DEED by Emmanuil Giannikouris | )       |                      |
|-------------------------------------------------------|---------|---------------------------|
| for and on behalf of                                  | )       | /s/ Emmanuil Giannikouris |
| AEGEAN ROSE MARITIME COMPANY                     | )       | Attorney-in-fact          |
| as Owner                                              | )       |                      |
| in the presence of:                              | )  |                      |
|                                                  |    |                      |
| /s/ Anthi Kekatou                                |    |                      |
| Witness                                               |    |                      |
| Name: Anthi Kekatou                                   |    |                      |
| Address:                                         |    |                      |
| Occupation:                                      |    |                      |
|                                                  |    |                      |
|                                                  |
| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
|-----------------------------------------------------|---------|-------------------------|
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| BALTIC NAVIGATION COMPANY                           | )       | Attorney-in-fact        |
| as Owner                                            | )       |                    |
| in the presence of:                            | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name: Anthi Kekatou                                 |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|                                                |

----

| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
|-----------------------------------------------------|---------|-------------------------|
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| CARNABY NAVIGATION INC.                             | )       | Attorney-in-fact        |
| as Owner                                            | )       |                    |
| in the presence of:                            | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name:  Anthi Kekatou                           |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|                                                |
| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
|-----------------------------------------------------|---------|-------------------------|
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| MARE VISION S.A.                                    | )       | Attorney-in-fact        |
| as Owner                                            | )       |                    |
| in the presence of:                            | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name: Anthi Kekatou                                 |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|                                                |
| EXECUTED as a DEED by Ypapanti Koumbiadou  | )       |                    |
|------------------------------------------------------|---------|-------------------------|
| for and on behalf of                                 | )       | /s/ Ypapanti Koumbiadou |
| AEGEAN TANKING S.A.                                  | )       | Attorney-in-fact        |
| as Owner                                             | )       |                    |
| in the presence of:                             | )  |                    |
|                                                 |    |                    |
| /s/ Anthi Kekatou                               |    |                    |
| Witness                                              |    |                    |
| Name: Anthi Kekatou                                  |    |                    |
| Address:                                        |    |                    |
| Occupation:                                     |    |                    |
|                                                 |    |                    |
|                                                 |
| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
|-----------------------------------------------------|---------|-------------------------|
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| OURANOS TANKING S.A.                                | )       | Attorney-in-fact        |
| as Owner                                            | )       |                    |
| in the presence of:                            | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name: Anthi Kekatou                                 |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|                                                |

----

| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
|-----------------------------------------------------|---------|-------------------------|
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| SEA BREEZER MARINE S.A.                             | )       | Attorney-in-fact        |
| as Owner                                            | )       |                    |
| in the presence of:                            | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name: Anthi Kekatou                                 |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|                                                |
| EXECUTED as a DEED by Kyriakos Kyriakou | )       |                  |
|---------------------------------------------------|---------|-----------------------|
| for and on behalf of                              | )       | /s/ Kyriakos Kyriakou |
| AEGEAN BREEZE MARITIME COMPANY                    | )       | Attorney-in-fact      |
| as Owner                                          | )       |                  |
| in the presence of:                          | )  |                  |
|                                              |    |                  |
| /s/ Anthi Kekatou                            |    |                  |
| Witness                                           |    |                  |
| Name: Anthi Kekatou                               |    |                  |
| Address:                                     |    |                  |
| Occupation:                                  |    |                  |
|                                              |    |                  |
|                                              |
| EXECUTED as a DEED by Kyriakos Kyriakou | )       |                  |
|---------------------------------------------------|---------|-----------------------|
| for and on behalf of                              | )       | /s/ Kyriakos Kyriakou |
| AEGEAN TIFFANY MARITIME COMPANY              | )       | Attorney-in-fact      |
| as Owner                                          | )       |                  |
| in the presence of:                          | )  |                  |
|                                              |    |                  |
| /s/ Anthi Kekatou                            |    |                  |
| Witness                                           |    |                  |
| Name: Anthi Kekatou                               |    |                  |
| Address:                                     |    |                  |
| Occupation:                                  |    |                  |
|                                              |    |                  |
|                                              |
| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
|-----------------------------------------------------|---------|-------------------------|
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| AEGEAN X MARITIME INC.                              | )       | Attorney-in-fact        |
| as Owner                                            | )       |                    |
| in the presence of:                            | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name: Anthi Kekatou                                 |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|                                                |

----

| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
|-----------------------------------------------------|---------|-------------------------|
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| PONTOS NAVIGATION INC.                              | )       | Attorney-in-fact        |
| in the presence of:                                 | )       |                    |
| as Owner                                       | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name: Anthi Kekatou                                 |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|                                                |
| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
|-----------------------------------------------------|---------|-------------------------|
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| AEGEAN MARINE PETROLEUM LLC                         | )       | Attorney-in-fact        |
| in the presence of:                                 | )       |                    |
| as Owner                                       | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name: Anthi Kekatou                                 |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|                                                |
| EXECUTED as a DEED by  | )       |                    |
|----------------------------------|---------|-------------------------|
| for and on behalf of             | )       | /s/ Ypapanti Koumbiadou |
| AEGEAN SEVEN MARITIME INC.       | )       | Attorney-in-fact        |
| in the presence of:              | )       |                    |
| as Owner                    | )  |                    |
|                             |    |                    |
| /s/ Anthi Kekatou           |    |                    |
| Witness                          |    |                    |
| Name: Anthi Kekatou              |    |                    |
| Address:                    |    |                    |
| Occupation:                 |    |                    |
|                             |    |                    |
|                             |
| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
|-----------------------------------------------------|---------|-------------------------|
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| VENUS HOLDING COMPANY                               | )       | Attorney-in-fact        |
| in the presence of:                                 | )       |                    |
| as Owner                                       | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name: Anthi Kekatou                                 |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|                                                |

----

| Manager                                             |    |                    |
|-----------------------------------------------------|---------|-------------------------|
|                                                |    |                    |
| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| AEGEAN BUNKERING SERVICES INC.                      | )       | Attorney-in-fact        |
| in the presence of:                                 | )       |                    |
| as Manager                                     | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name: Anthi Kekatou                                 |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|                                                |
| New Manager                                       |    |                  |
|---------------------------------------------------|---------|-----------------------|
|                                              |    |                  |
| EXECUTED as a DEED by Kyriakos Kyriakou | )       |                  |
| for and on behalf of                              | )       | /s/ Kyriakos Kyriakou |
| AEGEAN MANAGEMENT SERVICES M.C.                   | )       | Attorney-in-fact      |
| in the presence of:                               | )       |                  |
| as New Manager                               | )  |                  |
|                                              |    |                  |
| /s/ Anthi Kekatou                            |    |                  |
| Witness                                           |    |                  |
| Name: Anthi Kekatou                               |    |                  |
| Address:                                     |    |                  |
| Occupation:                                  |    |                  |
|                                              |    |                  |
|                                              |
| Corporate Guarantor                                 |    |                    |
|-----------------------------------------------------|---------|-------------------------|
|                                                |    |                    |
| EXECUTED as a DEED by Ypapanti Koumbiadou | )       |                    |
| for and on behalf of                                | )       | /s/ Ypapanti Koumbiadou |
| AEGEAN MARINE PETROLEUM NETWORK INC.                | )       | Attorney-in-fact        |
| in the presence of:                                 | )       |                    |
| as Corporate Guarantor                         | )  |                    |
|                                                |    |                    |
| /s/ Anthi Kekatou                              |    |                    |
| Witness                                             |    |                    |
| Name: Anthi Kekatou                                 |    |                    |
| Address:                                       |    |                    |
| Occupation:                                    |    |                    |
|                                                |    |                    |
|   |
|--------|

----