Italian shipowner Fratelli Cosulich and PETCO Trading Labuan Company Limited (PTLCL), a buying and selling arm of Malaysian vitality firm Petronas, have signed a two-year constitution settlement for Paolina Cosulich LNG bunker barge.
Operating beneath PTLCL, a world vitality options supplier in key bunker hubs with community in Southeast Asia, Japan, Middle East and South Africa, Paolina Cosulich will cater to the rising demand for LNG as bunker gasoline within the Straits.
Fratelli Cosulich’s newest LNG bunger barge includes a cargo capability of 8,200 cubic meters of LNG, making it an excellent vessel for bunkering and sophisticated operations, similar to cooldowns and gas-ups of assorted vessel varieties.
In addition to LNG, Paolina Cosulich can present 500 metric tons of marine gasoline oil (MGO), offering flexibility to accommodate numerous gasoline necessities.
“I am extremely pleased with the agreement we have reached with PTLCL, a trading arm of PETRONAS. It underscores our mutual commitment to advancing alternative fuels and I am excited for a fruitful and long-lasting partnership,” stated Guido Cardullo, Head of Business Development at Fratelli Cosulich.