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In a historic management reshuffle for the bunker industry, Denmark's Bunker Holding has appointed new CEOs at three of its businesses: Dan-Bunkering, Glander International Bunkering and KPI Bridge Oil, with two CEOs - Christoffer Berg Lassen and Carsten Ladekjaer - switching companies, and Group COO Soren Holl also being given a chief executive position.

Christoffer Berg Lassen has been named CEO of Dan-Bunkering - the company that hired him as a bunker trader back in 2004.

Prior to the appointment, Lassen had served as CEO at Dubai-headquartered Glander International Bunkering since June 2013, having been employed as International Sales Manager at the firm for more than five years. Before that, Lassen had been a trader at Dan-Bunkering for three-and-a-half years, between 2004 and 2008.

Up until Lassen's appointment, the post of CEO at Dan-Bunkering had been held by Henrik Zederkof, who was named managing director back in 2009.

Meanwhile, KPI Bridge Oil's CEO up until April, Carsten Ladekjaer, has rejoined Glander International Bunkering in his second stint as CEO - replacing the person that succeeded him almost four years ago.

Ladekjaer previously moved from Glander International Bunkering to Dan-Bunkering in June 2013 and was named Head of Operations Europe/Asia & Senior Vice President at Dan-Bunkering before being appointed CEO at KPI Bridge Oil in August 2014.

Replacing Ladekjaer in his previous position at KPI Bridge Oil is former Bunker Holding Group COO, Soren Holl.

The Bunker Holding umbrella - which forms part of United Shipping & Trading Company (USTC) group - is widely considered to be the world's second-biggest seller of marine fuels after World Fuel Services. The business includes Dan-Bunkering, Glander International Bunkering, Scandinavian Bunkering, BMS United Bunkers, LQM Petroleum Services, Unioil Supply, Unicore Fuel and Unimarine.

Other members of USTC include Global Risk Management, Shipping.dk, Uni-Tankers, Uni-Chartering and Outforce.

USTC Group is a wholly owned subsidiary of Selfinvest ApS, whose sole owner is its founder Torben Ostergaard-Nielsen.