Alternative Fuels

Bunker Holding Global Head of Commercial Operations departs for CM Biomass CFO position

Ask Michael Munck will depart from Bunker Holding on the 28 February 2022 starting immediately after with his new duties as CFO of CM Biomass.

Published

3 years ago

March 1, 2022

Admin

Bunker Holding, the world’s largest bunker trader and supplier, on Monday (28 February) announced the departure of its Global Head of Commercial Operations, Ask Michael Munck, as he transitions to sibling company CM Biomass as new CFO.

“Ask Michael Munch has since his hire with Bunker Holding added great value to the organization – and this goes double for his work maturing Bunker Holdings digitalization strategy. We are going to miss his insights as well as good spirits but are delighted knowing that he will be staying within the USTC-Group,” says Christoffer Berg Lassen, CCO of Bunker Holding.

Since his hire at Bunker Holding in 2020, Ask Michael Munck was promoted to Global Head of Commercial Operations, where he has been focused on putting digitalization first, deep diving into Bunker Holding M&A projects with a keen focus on due diligence and his work with New Fuels Task Force helped grow the sustainable fuels agenda in Bunker Holding.

“Having worked with the sustainable fuels agenda in Bunker Holding, the switch to CM Biomass feels natural,” says Ask Michael Munck.

“It’s an exciting company growing at a fast rate both by organic growth and via acquisitions. It’s the perfect opportunity for me to apply my professional focus as CFO in a company bursting with growth energy, while still playing to my strengths in M&A’s and organization,”

The need for a CFO is the result of CM Biomass’ impressive growth and having a background as CFO in the shipping industry, Ask Michael Munck was an obvious candidate. Being able to recruit from within parent company USTC Group and taking advantage of a hire with pre-existing insights of the company, is a sure plus.

“Having gotten to know Ask at first as the USTC representative in our own due diligence process, I know firsthand his professionalism and thoroughness; later having gotten to know him as a sister-company colleague I’m even more excited to bring him on our team and taking full advantage of his expertise,” says Simon Rodian Christensen, CEO of CM Biomass.

Ask Michael Munck will depart from Bunker Holding on the 28 February 2022 starting immediately after with his new duties as CFO of CM Biomass.

ASK CMB CFO 1

Photo credit: Bunker Holding
Published: 1 March, 2022

Alternative Fuels

Hong Kong-based Sun Ferry takes delivery of diesel-electric ferry “Xin Ming Zhu 30”

New vessel, designed by Incat Crowther and constructed by Guangzhou-based shipbuilder AFAI Southern Shipyard, will serve inter-island commuter and tourism operations across Hong Kong.

Published

15 hours ago

March 20, 2025

Admin

Hong Kong-based Sun Ferry takes delivery of diesel-electric ferry “Xin Ming Zhu 30”

Global digital shipbuilder Incat Crowther on Wednesday (19 March) said Hong Kong-based ferry operator Sun Ferry has taken delivery of Xin Ming Zhu 30, a new, 35-metre diesel-electric ferry.

The new vessel, designed by Incat Crowther and constructed by Guangzhou-based shipbuilder AFAI Southern Shipyard, is the third vessel to join a fleet of seven new vessels designed by Incat Crowther for the mass transit operator.

The vessel will serve inter-island commuter and tourism operations across Hong Kong, connecting Peng Chau, Mui Wo, Chi Ma Wan and Cheung Chau.

The 300-seat passenger ferry boasts Veth azimuth thrusters that provide high manoeuvrability at operating speeds of 14 knots. The adoption of this technology makes the vessel suitable for berthing at piers on inter island routes.

The vessel is also fitted with 72 solar panels providing 7.5 kilowatts of on-board power.

Sam Mackay, Technical Manager at Incat Crowther, said: "This vessel reflects Sun Ferry’s commitment to future focused design solutions that not only meet operational needs, but that exceed customer expectations.”

“With diesel-electric propulsion, solar technology, and passenger-centric design, it sets a new benchmark for sustainable and efficient ferry services in Hong Kong.”

The delivery of the 35-metre hybrid vessel follows the delivery of two 45-metre conventional diesel-powered vessels to Sun Ferry. The final three vessels, all 45-metre vessels, will be delivered by the end of 2025. All vessels in the fleet have been designed by Incat Crowther and built by AFAI Southern Shipyard.

Photo credit: Incat Crowther
Published: 20 March, 2025

Biofuel

PRIO delivers Eco Bunkers B30 to two cargo ships at ports in Portugal

Company supplied the bio bunker fuel, a product containing 30% renewable raw materials, to “BBC Lisbon” at Port of Aveiro on 3 March and to “ANNA” at Port of Leixões on 18 March.

Published

16 hours ago

March 20, 2025

Admin

PRIO delivers Eco Bunkers B30 to two cargo ships at ports in Portugal

Biofuels producer PRIO on Wednesday (19 March) said it carried out Eco Bunkers B30 fuel deliveries to shipping company Briese Chartering in collaboration with its partner UFS Unites Fuel Services this month.

On 3 March, PRIO supplied the biofuel to cargo vessel BBC Lisbon at the Port of Aveiro and to another cargo vessel, ANNA, at the Port of Leixões on 18 March.

“With these two Eco Bunkers B30 deliveries, a product containing 30% renewable raw materials, PRIO enabled Briese Chartering to reduce around 60 tons of CO2 in just two port calls in Portugal,” it said in a social media post.

“Produced at PRIO’s Aveiro plant, biodiesel has the potential to reduce GHG emissions by approximately 88% compared to fossil fuels.”

“PRIO has been demonstrating its commitment to decarbonising the maritime sector by supplying more sustainable products, ranging from 1% to 100% renewable content.”

Manifold Times previously reported PRIO launching its ECO Bunkers B30 biofuel in partnership with Norwegian Cruise Line Holdings and World Fuel Services.

PRIO previously launched ECO Bunkers B15, a green fuel for ships with 15% biodiesel and the company then launched a 20% biofuel blend, ECO Bunkers E20.

Photo credit: PRIO
Published: 20 March, 2025

LNG Bunkering

Gasum completes SIMOPS LNG bunkering operation of PCTC “Höegh Sunlight”

Gasum’s LNG bunker vessel “Coralius” made its 920th LNG delivery to “Höegh Sunlight”, a brand new PCTC, with a capacity of 9100 CEU, at the Port of Gothenburg, Sweden on 10 March.

Published

16 hours ago

March 20, 2025

Admin

Gasum completes SIMOPS LNG bunkering operation of PCTC “Höegh Sunlight”

Energy company Gasum on Wednesday (19 March) announced its delivery of liquified natural gas (LNG) to a car carrier during a simultaneous bunkering and cargo operation (SIMOPS) at the Port of Gothenburg, Sweden.

The company said it was the first ever LNG delivery to Höegh Sunlight at the Logent Car Terminal on 10 March 2025.

Gasum’s LNG bunker vessel Coralius made its 920th LNG delivery to Höegh Sunlight, a brand new Pure Car and Truck Carrier (PCTC), with a capacity of 9100 CEU, during a ship-to-ship (STS) bunkering operation.

The company did not specify the amount of LNG supplied to the vessel.

The delivery was a collaboration between Gasum, Glander International, Höegh Autoliners, the Port of Gothenburg and Sirius Agency.

Photo credit: Gasum
Published: 20 March, 2025