Cyprus Mail9 Jul 2026

Island Oil expands fleet with two tanker acquisitions

Limassol-based Island Oil (Holdings) Ltd has announced the acquisition of two oil tankers, Island Polaris and Island Horizon, further expanding its owned fleet as it seeks to strengthen its position in marine fuel transportation.

The move forms part of the company’s long-term investment strategy, with Island Oil aiming to boost its logistics capabilities and support growing demand for marine fuel transportation across the Mediterranean and Black Sea....

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