Island Oil has opened a trading desk in Rio de Janeiro and appointed Wilson Nobre as business development manager for Brazil.

The Rio trading desk marks the marine fuel supplier's entry into the Latin American market.

Vangelis Marinakis, chief operating officer at Island Oil, stated: "It is with excitement that we welcome Wilson. Being present in Rio will allow us to better serve our customers in the region, with our usual customer focus and integrity."

The new operation aims to strengthen the company's ability to support customers across Latin America, according to Island Oil.

Nobre previously worked in a number of roles based in Rio de Janeiro, including more than two years as bunker trader at Monjasa. During his time at WSB Advisors, he served both as commercial manager and shipbroker/analyst. And whilst at Westshore do Brasil, he was shipbroker and offshore analyst.

Nobre commented: "It is with great pleasure that I begin my journey with Island Oil. The opening of our Rio trading desk marks a key moment for the company, and I look forward to contributing to our success in the Latin American markets."

Headquartered in Limassol, Cyprus, Island Oil operates physical supply stations in Cyprus, Romania, and Israel. The company also has trading desks in Denmark, Greece, Hong Kong, Singapore, South Korea, UAE, and UK.