Island Oil is expanding its northern European reach by appointing Christian Larsen as Senior Trader, a move the marine fuel supplier says supports the establishment of a new trading base in Denmark.
The company said its Danish launch is designed to selectively broaden its presence in priority marine fuel markets, adding capacity for trading activity alongside its existing international network.
In comments accompanying the appointment, COO Vangelis Marinakis linked the Denmark step to longer-term growth plans and said Larsen’s experience and local market knowledge would help advance the strategy.
Larsen brings an eight-year track record in marine fuels trading, including roles at Monjasa and Oilmar DMCC, and previously served as Oilmar DMCC’s Country Manager in Denmark. He said he looks forward to contributing to safe, efficient and reliable fuel solutions as Island Oil develops its regional footprint.
Headquartered in Limassol, Cyprus, Island Oil operates physical supply stations in Cyprus, Romania and Israel. The company also maintains trading desks in Dubai, Hong Kong, London, Piraeus, Seoul and Singapore, while operations in Denmark are being established as a dedicated trading base under its expansion plan.