Companies category powered by

Limassol-based Island Oil opens new Seoul office, led by Yongje Choi

Cyprus-based Island Oil Ltd, a prominent name in marine fuel supply and trading, has announced the opening of its new office in Seoul, South Korea.

This expansion is the latest development in the company’s strategic growth within the Far East and Southeast Asia bunker markets, following the successful launch of the Hong Kong office last year. Additionally, Island Oil boasts several years of established presence in Singapore, alongside a representative office in Shanghai.

Yongje (Jayden) Choi has been appointed as the Business Development Manager to lead the new Seoul office. Choi brings with him a wealth of experience in the shipping industry, a sterling reputation, and a positive outlook that aligns well with the company’s values.

“We welcome Jayden to the Island Oil family,” stated Michell Kamphorst, Head of International Trading, Asia at Island Oil. “His expertise in the Korean bunker market will provide an immediate impact as we inaugurate our Seoul office, marking another significant milestone in our Asia expansion.”

In his statement, Choi expressed his enthusiasm about joining Island Oil, “Stepping into Island Oil, I am impressed by their dedication to maintaining a culture of dignity and respect for all team members, as well as their strong commitment to fairness and transparent communication.” He added, “I am excited to be a part of Island Oil’s journey towards greater growth and prosperity.”

Founded in 1992, Island Oil Ltd initially specialized in bunker fuel, lubricant supply, and trading. The company quickly gained the trust of blue-chip clients from both local and international shipping markets, building a solid reputation as a reliable partner-supplier.

Read More

A spotlight on the job vacancies in each sector and the industry with no available positions
Ministry of Agriculture: Cyprus reaffirms cooperation with FAO on climate change
Cyprus current account deficit widens in Q1 2025 according to CBC data
Cyprus house prices continue to rise in Q1 2025
George Tsakistos: 'The Famous Grouse' is an important addition for Laiko Cosmos Trading
Wizz Air announces new direct route from Larnaca to Tirana, Albania
ERB Cyprialife and ERB Asfalistiki: The Hellenic Life and Pancyprian Insurance merger takes shape
Ministerial decree establishes National Mechanism for the Control of Foreign Direct Investments
'Maritime Cyprus 2025' to be held at Parklane, a Luxury Collection Resort & Spa
Celebrating excellence, University of Limassol hosts its 2025 Graduation Ceremony (pics)