Genoa-based international shipping, shipments and logistics company Fratelli Cosulich Group on Wednesday (23 February) announced CEO Timothy Cosulich was elected as Chairman of the International Bunker Industry Association (IBIA).
Cosulich, who is currently the vice-chair, will take over as the chair of IBIA, starting April 1, 2022.
After the election, he said family to be amongst key thoughts as he prepares to take over the role in April.
“My uncle Antonio Cosulich, who many in the industry have met, was the second Chairman in IBIA’s history a long time ago and I am honoured and proud to follow in his footsteps in doing my best to contribute to IBIA’s growth and success,” he shared.
“IBIA has always been a special organisation for Fratelli Cosulich, and we will continue to dedicate effort and resources to support IBIA achieve its goals.”
Cosulich also said IBIA, a member-led organisation, has incredible knowledge and expertise amongst members.
“IBIA needs members to take the initiative and drive its action towards a more regulated and business-friendly industry, towards a faster and more efficient decabornisation process, and towards transparency and integrity becoming key aspects of the way we work,” he said.
Cosulich added IBIA will play an increasingly important role in the energy transition and in the marine fuel business and I am excited to work alongside the Secretariat, the Board of Directors, and members at large, to achieve ambitious goals.
The IBIA Board composition will be as follows:
Chairman: Timothy Cosulich, Fratelli Consulich, Italy/Singapore
Vice-Chairman: Constantinos Capetanakis of Starbulk, Greece
Hon Treasurer: Adrian Tolson, Blue Insight, USA
Peter Beekhuis, Maersk Oil Trading, Singapore
Eugenia Benavides, Terpel, Colombia
Rahul Choudhuri of VPS, Singapore
Paul Maclons of AMSOL, South Africa
Mustafa Muhtaroglu, Energy Petrol, Turkey
Jesper Rosenkrans, Total Marine Fuels Pte Ltd, Singapore
Valeria Sessa, Reseaworld, Italy
Stephen Simms, Simms Showers LLP, USA
Anna Stefanou, PMG Holding, UK
Nicolas Vukelja, Terramar, Panama
Photo credit: Fratelli Cosulich Group
Published: 24 February, 2022
“In TotalEnergies, we already have projects along the e-Fuel value chain, from green electricity and green / blue hydrogen to e-Fuel production that will be integrated along the marine fuels value chain in time to come,” shares Louise Tricoire.
Buyers can nominate deliveries on platform and plan operations together with suppliers following ‘one single truth’ concept with all players aware of what has been agreed when and by whom, says DNV spokesman.
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.
‘When you think of Helmsman on the next occasion, think of us as lawyers with expertise in various fields. Come to us before a problem develops. It’s the process that matters,’ says Tang Chong Jun, Executive Director.