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Fratelli Cosulich: Timothy Cosulich named as IBIA Chairman, starts role effective April

24 Feb 2022

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

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