Island Oil Holdings, a group of companies whose main commercial activities revolve around the supply and trading of marine bunker and lubricants, announces the appointment of Vangelis S. Marinakis to the newly created position of Chief Operating Officer of Island Oil Limited, with effect April 5th, 2021.
Effective as of 16th March 2021, Mr. Adonis Violaris will join Island Oil (Holdings) Ltd in the position of Chief Marketing Officer. Besides having related work experience in the fields of Marketing, Public Relations and Corporate Communications over the last 27 years with well-known ship-owning and ship-management companies, he has also served as the Chairman of the ICT Committee of the Cyprus Shipping Chamber for over 20 years.
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.
The Managing Director of Island Oil (Holdings) Ltd, Chrysostomos Papavassiliou, has been awarded as the 2015 Business Leader in the Shipping Sector by the Cyprus Chamber of Commerce and Industry (“KEBE”). According to KEBE and joint organizer IMH, the awards seek “to recognize those who operate with integrity and ethos, who have gained the respect of their own employees as well as that of their competitors and the broader business community, and who work on the basis of the key principles that characterize a successful leader: dynamism, innovation, foresight, and knowledge.”