Italy’s Fratelli Cosulich poised to order second LNG bunkering ship in China

Italian shipping group Fratelli Cosulich is looking to order another LNG bunkering vessel at China’s Nantong CIMC Sinopacific Offshore & Engineering.

The family-owned firm said earlier this year it had placed an order for one 5,300-dwt dual-fuel vessel.

Besides the capacity to ship over 8,000 cbm of LNG, the vessel will also transport 500 cbm of MGO for bunkering, according to Fratelli Cosulich.

It appears that the firm would add at least one bunkering newbuild to its fleet besides this one, as it looks to cater to a rising fleet of LNG-powered vessels around the globe.

Shipbuilding sources tell LNG Prime that Fratelli Cosulich should exercise an option for the second sister ship at CIMC SOE by the end of this year.

Also, the Italian firm has plans for a third ship as well, the sources said.

Fratelli Cosulich aims to deploy the first LNG bunkering vessel in the Mediterranean Sea while Fratelli Cosulich LNG, a unit of the firm, will manage this vessel.

Finland’s Wartsila secured a contract to supply a complete cargo handling system for the new LNG bunkering vessel which should start commercial operations in 2023.

Fratelli Cosulich will pay about $45 million for the LNG bunkering vessel, but it previously said it could receive a grant of about $5.2 million from the European Union under the Connecting Europe Facility (CEF) program.

Most Popular

Shell adds another LNG carrier to its fleet

A unit of UK-based LNG giant Shell has added another chartered liquefied natural gas carrier to its fleet.

CMA CGM’s LNG-powered giant floated out in China

China’s Hudong-Zhonghua has launched the third in a new series of 24,000-teu LNG dual-fuel containerships for French shipping giant CMA CGM.

Venture Global gets OK to introduce gas to final Plaquemines LNG block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the 18th and final liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

More News Like This

CIMC SOE kicks off work on Avenir LNG bunkering vessel

China’s Nantong CIMC Sinopacific Offshore & Engineering has officially started building another liquefied natural gas (LNG) bunkering and supply vessel for UK-based Avenir LNG.

CIMC SOE scores another LNG bunkering vessel order

CIMC SOE announced on Friday that it will construct an LNG bunkering vessel for a European owner, with the...

CIMC SOE secures new LNG bunkering vessel order

China’s Nantong CIMC Sinopacific Offshore & Engineering has secured an order to build one liquefied natural gas (LNG) bunkering and supply vessel.

CIMC SOE completes Croatian regas module

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has completed Wartsila's regasification module that will be installed onboard the 140,000-cbm FSRU, LNG Croatia.