Alexander Mukhin, now ex-CEO of Bunker Holdings Ltd (Cyprus, bunker unit GC "Transbunker") announced his resignation from February 19, 2010, PortNews reported quoting Mr. Mukhin who said he had done it on his own will. Most likely his future job will be in the bunker market. "But I am open to any offers," he added.

Alexander Mukhin has worked in Transbunker for 10 years. His career began as the company’s trader and finished at CEO office of the company. "I’ve gotten a huge experience," Mr. Mukhin said.

Eugene Kelmanov has been appointed the CEO office of the Bunker Holdings Ltd.

Transbunker is one of the biggest operators in Russia's bunker market. The company supplies marine fuel in Russian, Ukrainian and Lithuanian ports on the Baltic Sea, Black Sea and Far East. It maintains and operates a fleet of about 20 vessels of a total deadweight of more than 35.000 tons.