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

President says he expects EU announcements related to the Cyprus issue in 2024
State closely monitoring situation following cyber-attack warning
Cyprus sends three tons of medicines and consumables to Lebanon
Harmonised inflation down to 1.6% in September
Kuwait's Ambassador welcomes Jazeera Airways decision to extend Kuwait-Cyprus route
SKY express receives Innovation Airline Award 2024
AEGEAN adds new direct connection between Larnaca and Rome
Remedica looking to recruit a QC Analyst
Roland Rinyu on how the four elements have inspired LPM Limassol’s new The Macallan cocktail collection (pics)
Jazeera Airways to extend flights between Kuwait-Larnaca