International bunkering firm Fratelli Cosulich Group on Friday (18 December) said it completed an extensive rebranding campaign for a subsidiary operating in the marine fuel business sector.
“We are excited to announce that Chemoil Mondex SAM, a company owned by FC Group based in Monaco, has just completed an extensive rebranding effort in response to the growth of our activities in the bunker trading sector,” said Timothy Cosulich, CEO of Marine fuel activities and Fratelli Cosulich Group Board Member.
“For over 50 years, we have been active as bunker traders. Fratelli Cosulich, a well-known name in the sector is widely recognized by its stakeholders that appreciate our values and ethics in doing business in this crucial area of the Maritime industry.
“To support and expand the company’s activities in Monaco, we decided to move Chemoil Mondex under the name of ‘Fratelli Cosulich Monaco SAM’. A new name, new logo, but still the same expertise and competence of our Group and the Monaco Team.”
“We are really proud to operate under the Fratelli Cosulich brand name, and the collaboration and support that each Group office around the world gives to the others is what sets us apart and allows us to provide our customers with a unique service level,” added Emanuele Iran, Managing Director of Fratelli Cosulich Monaco SAM.
Fratelli Cosulich Group boasts a fleet of seven barges of up to 8,000 dwt operating at various ports worldwide in the Bunker trading industry under the following companies:
Related: Singapore: Fratelli Cosulich welcomes launch craft “Genoa”; build to support bunkering fleet
Related: Fratelli Cosulich: Singapore bunker sector recovered quickly after exit of major player
Related: Singapore: Fratelli Cosulich adds “Grazia Cosulich” to bunkering fleet, says CEO
Photo credit: Fratelli Cosulich Group
Published: 21 December, 2020
IBIA Asia, ABIS, sources from Singapore’s bunkering and surveying companies, and an industry veteran share with Manifold Times the issues expected from MPA’s latest Covid-19 measures.
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
3,490 mt of LSFO from Itochu Enex was lifted at Universal Terminal; the same bunker stem was bought by Global Marine Logistics and delivered by bunker tanker Juma to receiving vessel Kirana Nawa.