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AEGEAN UPDATETrans-Atlantic Partnership for SuccessAegean is fulfilling a major contract with the United States Department of Defense by supplying fuelproducts to U.S. Navy vessels stopping at Souda Bay on the island of Crete.Aegean Marine Petroleum was awarded a major contract bythe United States Defense Energy Support Center (DESC) inWashington, D.C. to supply fuel products to the U.S. Navaland support ships stopping in Souda Bay, Crete.The DESC is the United States government agency thatmanages all energy-related needs for the U.S. militarythroughout the world. Aegean undertook the bunkering servicesat Souda Bay on February 1, 2003.The contract is one of the largest in recent history awarded toa Greek company. It is a large and complex operation involvingdozens of Aegean employees and 12 bunker vessels andtankers dedicated exclusively to the project. Fuel is comingfrom both Greek and foreign refineries.Aegean’s contracts with the DESC are multi-faceted. In additionto bunkering and chartering, an intensive pollution recoverysystem is in place to meet the stringent environmentalconcerns of both Aegean and the U.S. government.Despite the difficulty and complexity of the work, Aegeanhas surpassed the U.S. Navy’s needs and customer service requirementsthroughout the course of the contract. Aegeanemployees in Piraeus and Crete as well as the crew on the vesselshave performed well under difficult circumstances andtight deadlines to accomplish their work. Throughout theterm of the contract, Aegean has maintained a close workingrelationship with relevent officials at every level of the UnitedStates government to ensure success and client satisfaction.Our executive team is managing the activities at Souda toensure a timely and efficient operation, always keeping closecontact with officials at the United States Embassy, the U.S.Naval Military Sealift Command in Naples, Italy, theAmerican port officers at Souda Bay, and our partners inWashington, D.C. overseeing the work.Members of the Aegean team visiting the United States Embassy after the contract wasawarded to discuss the operation. L-R: U.S. Defense Attache Captain Thomas Wetherald,Mr. Spyros Fokas, Ms. Georgia Kounalakis, U.S. Ambassador Thomas Miller, andMr. Dimitris Melissanidis.Aegean’sMany well-known personalities from political, business,shipping, and financial circles attended Aegean’s annualgala party, which took place at the Rex night club on February25. The more than 1,000 guests in attendance atthe glamorous party hosted by Aegean enjoyed the performancesof Tolis Voskopoulos and Despina Vandi, twoof Greece’s most popular and legendary singers. Theirrepertoires of both old and new hits were received enthusiasticallyby the guests, who sung and danced into to thewee hours of the morning.4 AEGEAN NEWS SPRING 2003