ISLAND OIL HOLDINGS

Founded in 1992, the company primarily dealt with the marine bunker and lubricant trading. Island Oil was quickly embraced by the industry and was entrusted by blue chip clients from local and international shipping markets, building a strong reputation as a reliable partner-supplier. Island Oil Limited was the spearhead of what eventually evolved into Island Oil (Holdings) Ltd, a group of companies which currently employ approximately 300 shore and sea personnel, operating in 6 countries. The group's activities include physical supply and trade of marine fuel oil, marine spare parts and equipment, ship agency, domestic fuel supply, ship-ownership and ship-management of 11 small oil tankers, including IMO 3, IMO 2 and 1 LPG/C.

Headquartered in Limassol, the company has physical supply stations in Cyprus, Romania and Israel, share-holding in a fuel depot in Ukraine and additional offices in Piraeus, Constanta, Odessa, Haifa and Singapore.

Group companies are members of Cyprus Shipping Chamber, CYMEPA, Cyprus Shipowners Employers Association, Mission to Seafarers, The Institute of Chartered Shipbrokers, IBIA and BIMCO.