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Fratelli Cosulich adds “Cecilia Cosulich” to its Singapore bunkering fleet

19 Mar 2019

Update (21 March): The specific role of Metcore International in regards to the below development has been added to the following story.

International bunkering firm Fratelli Cosulich will be adding a 5,600 dwt bunker tanker to its Singapore fleet from 21 March onwards, says its CEO and Board Member.

The 2009-built Cecilia Cosulich, formerly named Quinta and owned by Panoil Petroleum, is now undergoing finishing touches at a dry dock before operations, Timothy Cosulich tells Manifold Times.

The vessel is equipped with a mass flowmeter (MFM) manufactured by Endress+Hauser and has undergone a revalidation trial witnessed by a surveyor from Singapore-based marine fuel measurement solutions firm Metcore International.

“The Cecilia Cosulich is our fifth owned barge but we also have two more vessels under time charter; in total we have seven bunkering vessels operating at Singapore,” he says.

Including the latest development, Cosulich expects the company’s monthly bunker sales volume to reach 300,000 metric tonnes (mt).

“Our business model has not changed, the majority of what we do is barging on behalf of oil majors,” he notes.

“This is working for us because we are consistently providing transparent and reliable services which is what oil majors appreciate.

“Most of our barges are equipped with E+H mass flowmeters which we are very happy with.”

Cosulich in late February was elected to the global board of the International Bunker Industry Association (IBIA).

“I am very excited to be part of the board and I think IBIA can and will play an important role where we can push for transparency and compliance with the approaching IMO 2020 sulphur cap,” he states.

Timothy Cosulich is the current Chairman of IBIA Asia.

Related: New IBIA board members announced at Annual General Meeting
Related: IBIA Asia: Direction to ‘stay on course’ with new Chairman
Related: FREE: Fratelli Cosulich distributes MFM bunkering booklet
Related: SIBCON: Fratelli Cosulich highlights 2020 bunker supply, trading issues
Related: Fratelli Cosulich welcomes new addition to Singapore bunker fleet

Photo credit: Fratelli Cosulich
Published: 19 March, 2019

 

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