Island Oil companies attain ISCC EU Certification as Biofuel Traders



Two companies in the Island Oil Holdings group have attained the International Sustainability and Carbon Certification (ISCC EU) as recognized Traders of biofuels.


In particular, Island Oil Limited, the group’s marine fuels trading arm, has attained certification as Trader of biofuels. Additionally, Island Petroleum Limited, which offers physical supply of marine fuels, has achieved the same certification as Trader with Storage of biofuels.


Chrysostomos Papavassiliou, the group’s founder and CEO stated that, “the ISCC certification reflects our unwavering commitment to sustainable and responsible practices within the marine fuel supply chain.”


Obtaining the ISCC EU requires compliance with stringent international sustainability and environmental standards. The certification aims to provide proof of raw material identity and traceability. In addition, it supports appropriate carbon intensity calculations along the supply chain.


“As an experienced and socially responsible marine fuels supplier, Island Oil Holdings recognizes the pivotal role that biofuels play in reducing the carbon footprint of the shipping industry. The ISCC certification of our two main subsidiaries underscores the group’s dedication to providing sustainable solutions to its global clientele,” added Mr. Papavassiliou.

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