Genoa-based marine fuel supplier Fratelli Cosulich on Monday (17 August) announced the launch of its new methanol-ready bunker IMO II tanker, Carlotta Cosulich.

The launch of Carlotta Cosulich, the third of four sister vessels, took place at Taizhou Maple Leaf Shipyard in China, bringing together the project team, partners and stakeholders.

Silvia Bordon, General Manager, served as the vessel’s godmother during the ceremony.

“Designed with MarineLINE-coated cargo tanks and methanol readiness from the outset, Carlotta Cosulich combines operational flexibility with future-fuel readiness,” the company said in a statement. 

Equipped with a five-tonne cargo crane and dedicated arrangements for Single Point Mooring (SPM) operations further enhances her versatility across a wider range of bunkering operations.

“Following the successful delivery of her two sister vessels, she brings us one step closer to completing this four-vessel programme and reinforces Fratelli Cosulich Group’s commitment to safety, innovation, sustainability and operational excellence,” the company added.

Photo credit: Fratelli Cosulich
Published: 18 August, 2026

Germany’s Federal Ministry for Transport (BMV) recently opened the first funding call under its new programme for green inland navigation, with up to EUR 70 million (USD 81 million) available for projects to develop green inland shipping corridors.

The funding will support the deployment of zero- and low-emission inland vessels and the development of associated infrastructure. 

Eligible projects include the installation of zero- or low-emission propulsion systems on newbuild and existing cargo vessels, as well as investments in port infrastructure for alternative fuels such as hydrogen, ammonia and methanol.

Funding will also cover facilities for producing renewable electricity and renewable hydrogen, along with storage systems. Infrastructure at transhipment and berthing facilities outside ports, including charging, refuelling and mobile supply equipment, is also eligible.

Companies, municipalities and other economically active organisations based in Germany can apply under the first funding call, which focuses exclusively on establishing green inland shipping corridors. Applications opened on 17 August through the German government’s easy-Online funding portal.

The initiative is also intended to encourage a greater shift of freight and passenger transport to inland waterways, while supporting Germany’s climate targets, European alternative-fuels infrastructure requirements and the long-term competitiveness of the country’s inland shipping sector.

Photo credit: Maxime Vandenberge on Unsplash
Published: 18 August, 2026

South Korean shipowner Polaris Shipping recently said it has signed a newbuilding contract for four tri-fuel vessels with Chinese shipbuilder Qingdao Beihai Shipbuilding Heavy Industry on 4 August.

The 210,000-dwt Newcastlemax bulk carriers, which will be delivered sequentially from 2031, will be equipped with WinGD-developed engines capable of using methanol, ethanol and heavy fuel oil as marine fuels.

The vessels are also designed as LNG- and ammonia-ready ships, allowing them to be converted to LNG or ammonia propulsion in the future.

Polaris Shipping also plans to significantly improve energy efficiency and reduce greenhouse gas emissions by applying various energy-saving technologies, including wind-assist propulsion systems, rotor sails, departure optimisation and land-based systems, to the vessels.

Polaris Shipping has completed a 25-year long-term charter contract for the bulk carriers with Brazilian iron ore producer Vale.

Polaris Shipping plans to sign construction contracts for up to four additional 210,000-dwt eco-friendly Newcastlemax bulk carriers with Chinese shipbuilder Hengli Heavy Industries in the near future. The Newcastlemax bulk carriers ordered from Hengli will be built as high-efficiency, environmentally friendly vessels to replace the company’s existing older bulk carriers.

Photo credit: Polaris Shipping
Published: 13 August, 2026