About the company

Island Oil Holdings

Founded in 1992, the company primarily dealt with the marine bunker, lubricant supply and 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.

Headquartered in Limassol, Island Oil Ltd is the flagship of a group of companies mainly active in the marine and domestic fuels sector. The company has physical supply stations in Cyprus, Romania, Israel, and offices in Limassol, Piraeus, Singapore, London, Constanta and Haifa.

Above all we Supply… Peace of Mind

Our Services

What we do

Island Petroleum Limited, sister company to Island Oil Limited is a regional market leader in physical supply of marine ...

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Island Petroleum Limited is a leading physical supplier in Constanta Romania, offering Marine Fuels as follows

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Island Petroleum Limited, a subsidiary of Island Oil (Holdings) Limited, are physical suppliers in Israel Haifa since 10...

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Through its offices in Limassol, Piraeus, Singapore and London Island Oil offers marine bunkers for supply at all availa...

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In recent years, the company entered the cargo supply and trade of bunkers. Cargo parcels are offered on FOB and CIF bas...

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Island Oil offers ship-agency services for 'bunkers-only calls'. This is an important 'add-on' to the bunker supply oper...

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Island Oil is a recognized lubricants supplier of Lube-Oil major brands, both locally and internationally.

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With E.J. Papadakis Ltd, established in 1974, the company supplies to its loyal clientele, LPG, LFO, Gasoil and Lubrican...

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Petronav Ship Management Limited (PSL), established in 1998, offers comprehensive shipmanagement services.

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Danaos Systems (Cyprus) was established in 2003 and is a subsidiary of Danaos Management Consultants, established in 198...

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NavTech Supplies Limited, a member of the Island Oil (Holdings) Group was established to supply the highest quality spar...

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In the Numbers

30 + years of experience

Owned Vessels
Physical Supply Ports
Countries with Office Presence
+
Employees Worldwide

Corporate Video

Our Blog

Latest Posts

Island Oil attains additional ISO certifications

International bunker trader Island Oil is pleased to announce that the company has attained ISO 14001 and ISO 45001 certification for its Environmental Management System and Occupational Health and Safety Management System, respectively.  This certification demonstrates the company’s commitment to reduce its environmental impact and to protect the health, safety, and well-being of its colleagues.
In addition to these certifications, since 2014, Island Oil’s Management System is certified under ISO 9001. 
In 2022, the company’s Management System was re-structured to integrate all three International Standards and further improve its procedures and operations, in line with Island Oil’s values, mission and vision. 
On occasion of the company’s 30 years Mr. Papavassiliou announced that Island Oil, in liaison with the Mayor of Limassol, has decided to grant funding for the Cultural Centre of Limassol. “This is in line with the company’s ongoing corporate social responsibility toward a city that hosted Island Oil for so many years”, he added.

January 16, 2023
Island Oil celebrates 30th anniversary

International bunker trading company Island Oil celebrated its 30th anniversary with a grand concert at the Rialto Theatre in Limassol. CEO and founder of the company Chrysostomos Papavassiliou welcomed and thanked all distinguished guests, business partners, associates, company staff ashore and onboard. “In the ever-changing global shipping and energy markets, our close bonds are a constant we can rely on, and for that, I thank you”, he stated.
On occasion of the company’s 30 years Mr. Papavassiliou announced that Island Oil, in liaison with the Mayor of Limassol, has decided to grant funding for the Cultural Centre of Limassol. “This is in line with the company’s ongoing corporate social responsibility toward a city that hosted Island Oil for so many years”, he added.

November 18, 2022
Press Release -Appointment of Deputy CEO-CFO

We would like to inform that, effective as of September 1st 2022, Island Oil Holdings’ CFO, Mr. Nicolas Jirkas, will assume an additional role as Deputy CEO of the group.
In addition, Mr. Aris Athanasiades has joined Island Oil Holdings as Deputy CFO, also effective as of September 1st. Mr. Athanasiades is a chartered accountant who has held a similar position in the shipping industry and joins us with a wealth of knowledge and experience.

September 8, 2022

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