International bunkering firm Fratelli Cosulich Group on Tuesday (14 July) announced the addition of a seventh unit to its fleet of bunkering tankers in Singapore.
Grazia Cosulich (formerly Marine Elite) is a 4,650 dwt vessel, built in 2014, which will join our other bunkering tankers Maria, Teresa, Luisella, Patrizia, Cecilia, and Emma Cosulich.
“This purchase represents a further step aimed at strengthening our presence in what we consider an incredibly important port, for us and for the entire industry,” Timothy Cosulich, CEO and Board Member of Fratelli Cosulich, told Manifold Times.
“It is not easy to invest at times like this, but we believe in our strategy and we feel it is important to be able to seize opportunities when they present.
“In addition to this, we expect to add one more “unit” to the fleet: if everything proceeds according to plan, by the end of August we may be taking delivery of a small launch that our colleagues will use to move between barges.
“The launch will be called Genoa, in honour of our home city and of the main football team in our city.”
Related: Fratelli Cosulich acquires “Emma Cosulich” for Singapore bunker operations
Related: Fratelli Cosulich adds “Cecilia Cosulich” to its Singapore bunkering fleet
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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: 16 July, 2020
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