Island Oil Expands Presence with New Hong Kong Trading Office

by Admin
Island Oil Ltd new trading office in hong kong

Island Oil, a renowned player in the global bunker market, proudly announces the establishment of its Hong Kong trading office, marking a strategic move in expanding its reach into the Chinese and Far Eastern markets. With over 30 years of experience, Island Oil has become a trusted name in the bunkering industry, having initially set its roots in Cyprus.

The Hong Kong office is a significant milestone for the company, becoming the sixth trading desk in its global network, which includes offices in Cyprus, Greece, Singapore, the UK, and a representative office in Shanghai.

Mr. Vangelis Marinakis, Chief Operating Officer of Island Oil, expressed his optimism about the new venture, stating that “the company sees the Hong Kong office as a crucial step toward realizing its vision of being among the most reliable energy and shipping services providers.”

Heading the Hong Kong office is Michell Kamphorst, the Head of International Trading Asia, renowned for establishing the Singapore desk in 2014. The team is further strengthened by the addition of Marshall Chan as a trader, with plans to expand the headcount in the coming months.

Mr. Marinakis emphasized the company’s commitment to sustainable and ethical growth, emphasizing values such as mutuality, respect, and fairness. “We aim to continue growing in a sustainable and ethical manner,” he stated.

Island Oil (HK) Ltd can be reached at:

46 Wyndham Street
Winning Centre, Unit B, 19/F
Central, Hong Kong

About Island Oil

Founded in 1992, Island Oil quickly gained the trust of blue-chip clients in local and international shipping markets, building a strong reputation as a reliable partner-supplier. Headquartered in Limassol, Island Oil Ltd is the flagship of Island Oil (Holdings), a group of companies primarily active in the marine and domestic fuels sector. The group operates physical supply stations in Cyprus, Romania, and Israel, owns and self-manages 10 bunker vessels, and has additional offices in Piraeus, Singapore, London, Constanta, Haifa, Shanghai, and Hong Kong.

Today, Island Oil Ltd stands as an established company in the global bunker market, achieved through a client-oriented approach, strong financial management, controlled growth, and a highly skilled and trained team of professionals.

Source Island Oil Ltd