Hong Kong, June 27, 2025 – Chimbusco Pan Nation (CPN) proudly announces the signing of a Memorandum of Understanding (MOU) with the Transport and Logistics Bureau (TLB) of the Hong Kong Special Administrative Region (HKSAR) Government. This landmark agreement, formalized during the Mainland-Hong Kong Green Energy Matchmaking Event on June 25, 2025, marks a significant step toward establishing Hong Kong as a global hub for green marine fuel bunkering and trading.

The MOU underscores CPN’s and the HKSAR Government’s shared commitment to advancing a sustainable maritime industry through the development and adoption of green marine fuels. Aligned with the HKSAR’s Action Plan on Green Maritime Fuel Bunkering, launched in November 2024, this partnership leverages Hong Kong’s position as a global maritime and financial centre to build a robust green marine fuel bunkering supply chain, integrating the Mainland’s production capabilities with Hong Kong’s international trading gateway.

As Hong Kong’s leading physical bunker supplier and a global leader in marine fuel solutions, CPN is dedicated to expanding the diversity and supply capacity of alternative marine fuels. Beyond its advancements in biofuels, CPN is pioneering the use of methanol as a sustainable bunkering fuel. Building on its MOU with The Hong Kong and China Gas Company Limited (Towngas) in November 2024, this agreement with the TLB reinforces CPN’s leadership in driving the maritime industry toward the IMO net-zero emissions target.

Mr. Calvin Chung, Director & Deputy General Manager of CPN, shared his excitement: "We are deeply grateful to the TLB for their trust in choosing CPN as a partner to advance a greener Hong Kong. This MOU with the TLB is a game-changer for Hong Kong’s ambition to become a global green bunkering hub. We’re proud to lead the charge in sustainable marine fuel solutions, and this partnership is a bold step toward a cleaner, greener future."

The Mainland-Hong Kong Green Energy Matchmaking Event, co-organized by the TLB and the Department of Commerce of Guangdong Province, brought together over 300 representatives from Hong Kong and Mainland enterprises to foster collaborations in green maritime fuel supply chains. Alongside CPN, other industry partners signed MOUs with the TLB to advance Hong Kong’s green fuel ambitions. The event showcased Hong Kong’s strengths as the top bunkering centre in the Guangdong-Hong Kong-Macao Greater Bay Area and the seventh largest globally, solidifying its role as a gateway for exporting high-quality green fuels worldwide.

CPN remains steadfast in its mission to lead the transition to sustainable marine energy. Through strategic collaborations with the HKSAR Government and other industry partners, CPN is driving Hong Kong’s transformation into a world-class green marine fuel hub, paving the way for a sustainable and growing maritime future.

Following the signing of the MOU between CPN and TLB on June 25, 2025, in Hong Kong. In the front row, from left to right, Mr. Klaus Chan, Principal Assistant Secretary for the TLB, and Mr. Calvin Chung, Director & Deputy General Manager of CPN, hold the signed MOU. Standing behind, from left to right, are the MOU witnesses: Ms. Mable Chan, Secretary for Transport and Logistics, and Mr. Du Yemin, Director & Executive Deputy General Manager of CPN.

CPN representatives attended the MOU signing ceremony. From left to right: Ms. Magdalene Fung, Credit Manager of CPN; Mr. Steve Chan, Bunker Trader of CPN; Mr. Du Yemin, Director & Executive Deputy General Manager of CPN; Ms. Mable Chan, Secretary for TLB; Mr. Calvin Chung, Director & Deputy General Manager of CPN; and Mr. Vernon Tsang, Sales & Marketing Director of CPN.

Representatives at the MOU signing ceremony in Hong Kong. In the front row, from left to right: Ms. Mable Chan, Secretary for TLB (second from right), and Mr. Du Yemin, Director & Executive Deputy General Manager of CPN (first from right). In the behind row, Mr. Calvin Chung, Director & Deputy General Manager of CPN (third from left), joins other representatives from enterprises that signed MOUs with the TLB to advance Hong Kong’s green maritime fuel ambitions.

About Chimbusco Pan Nation
Established in 1991, Chimbusco Pan Nation (CPN) has evolved from a local Hong Kong supplier to a leading trading house and physical bunker supplier with a global presence. With strong operations in Hong Kong and Singapore, CPN is a trusted partner in these key maritime hubs, delivering high-quality fuels. Committed to sustainability and reliability, CPN operates the Hong Kong’s largest barge fleets, advancing the maritime industry’s transition to a net-zero future.

Media Contact:
Vivian Butt
Email: vivian.butt@chim-pn.com