Italy’s Fratelli Cosulich to place LNG bunkering ship order at CIMC SOE

Italian shipping group Fratelli Cosulich should soon place an order for its first LNG bunkering vessel at China’s Nantong CIMC Sinopacific Offshore & Engineering.

Shipbuilding sources tell LNG Prime that the duo should sign the contract for the ship in April.

CIMC SOE, a unit of CIMC ENRIC, is already building dual-purpose, LNG bunkering and supply vessels for London-based Avenir. This includes two 20,000-cbm vessels, claimed to be the largest in the world, and two 7,500-cbm newbuilds.

The new LNG bunkering ship for Fratelli Cosulich would have a capacity of 8,200 cbm, according to the sources.

It could be worth about $45 million but we could not confirm this by the time this article was published.

The family-owned firm plans to use the LNG bunkering vessel on the western coast of Italy in the Tyrrhenian Sea, part of the Mediterranean Sea, in ports such as Genoa.

In addition, the contract would include an option for a sister vessel, the sources said.

Italian LNG bunkering chain in the making

To remind, Carnival Corporation’s Costa Cruises said in October last year its vessel Costa Smeralda completed the first LNG bunkering operation in Italy.

Although Italy’s LNG bunkering chain will need time to develop, this year will definitely see some new small-scale developments in the country.

These include the launch of Avenir LNG’s Higas small-scale terminal located on the Italian island of Sardinia but also the facility currently under construction in the Italian port of Ravenna.

Furthermore, OLT Offshore LNG Toscana has last year received approval to offload chilled fuel to small-scale vessels from its FSRU located off the coast between Livorno and Pisa.

The most recent approval involves Italy’s Venice LNG that plans to build and operate a small-scale terminal in Porto Marghera in the northern Adriatic Sea.

Most Popular

Brunei LNG seals long-term SPA with Japan’s Japex

LNG producer Brunei LNG has signed a long-term LNG sales and purchase agreement with Japan Petroleum Exploration Co (Japex).

Equinor takes first LNG cargo from Cheniere

Norwegian energy firm Equinor has taken delivery of its first liquefied natural gas (LNG) cargo under long-term supply agreements with US LNG exporting giant Cheniere.

Venture Global secures $3 billion credit facility

A unit of US LNG exporter Venture Global has entered into a new $3 billion 364-day revolving credit facility to fund growth.

More News Like This

Sogestran, Titan seal long-term charter deal for LNG bunkering newbuild

Dutch LNG supplier Titan, a part of Molgas, has chartered a recently ordered liquefied natural gas (LNG) bunkering vessel from French shipping group Sogestran.

CIMC SOE scores new LNG bunkering vessel order

China’s Nantong CIMC Sinopacific Offshore & Engineering has secured an order to build one 6,000-cbm liquefied natural gas (LNG) bunkering vessel.

Shell expands LNG bunkering network with first Valencia op

UK-based LNG giant Shell has expanded its global LNG bunkering network with the completion of its first operation in Valencia, Spain.

CIMC SOE launches Avenir LNG’s bunkering vessel

China’s Nantong CIMC Sinopacific Offshore & Engineering has launched Avenir LNG's new liquefied natural gas bunkering and supply vessel.