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

Christoforos Soutzis on how Limassol-based has emerged as one of Europe's top trading platforms
Ayia Napa marina to set up giant outdoor screen for EURO final
Ad Tag Global Group opens headquarters in Larnaca
AEGEAN carried 4.4 million passengers in Q2
Influx of nominations for CBN Young Dragon Awards continues
AstroBank opens new branch in Dali
Purpose Communications' second cycle of Purpose Academy is about to begin
The buildings taking Limassol onwards and upwards
Official data show increase of economic activity in all sectors in 2022
Real estate investment opportunities by AstroBank in Paphos, Famagusta and Nicosia