Italian shipping group Fratelli Cosulich has chartered its second LNG bunkering newbuild to a unit of Malaysian energy giant Petronas.
Under the two-year charter deal, the 5,300-dwt dual-fueled LNG bunkering vessel, Paolina Cosulich, will serve PETCO Trading Labuan (PTLCL), a trading arm of Petronas, according to a statement by Fratelli Cosulich.
Operating under PTLCL, a global energy solutions provider in key bunker hubs with network in Southeast Asia, Japan, Middle East and South Africa, Paolina Cosulich will cater to the increasing demand for LNG as bunker fuel in the Straits, it said.
Fratelli Cosulich did not provide further information regarding the deal.
It previously said that it expects to take delivery of Paolina Cosulich by January 2024.
China’s Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) launched this LNG bunkering vessel in June last year.
The bunkering vessel features a cargo capacity of 8,200 cubic meters of LNG.
In addition to LNG, Paolina Cosulich can provide 500 metric tons of Marine Gas Oil (MGO), providing flexibility to accommodate various fuel requirements.
This vessel is a sister ship to Alice Cosulich, Fratelli Cosulich’s first LNG bunkering ship.
In October 2023, Fratelli Cosulich took delivery of Alice Cosulich.
This newbuild serves a charter deal Fratelli Cosulich signed with Dutch LNG supplier Titan.