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

What it’s like to work at Remedica
Damiani celebrates 100th anniversary with first Cyprus boutique (pics)
GOLD New Issue: The Limassol Issue
The new generation of entrepreneurs share their views with the President (pics)
Energy Minister adresses American Chamber of Commerce event
'Adopt a Ship' educational programme concludes for the 2023-2024 academic year
Nicholas Ioannides appointed as Deputy Minister of Migration
Energy catalyst for stability in EastMed says European Affairs Deputy Minister
Air traffic to Cyprus reaches 85% capacity in May, signals promising summer
Cyprus committed to adequate wages and dignified pensions, Minister says