Fratelli Cosulich Group signs with Chinese Yard for Ammonia bunker tanker
Fratelli Cosulich Bunkers Singapore and Nantong CIMC Sinopacific Offshore & Engineering have signed a Memorandum of Understanding (MOU) for the construction of an ammonia bunker tanker. With this MOU, happening less than one year after the start of the Joint Development Project (JDP with RINA and SeaTech) Fratelli Cosulich shows a solid intention to take further steps towards green shipping.
As shipowners and bunker suppliers, Fratelli Cosulich believes that the shipping industry will act in a proactive manner to reduce Shipping Greenhouse Emissions to support the ambitions laid out by IMO.
Ammonia has great potential as a zero-carbon marine fuel and the company is ready to work together with the sector stakeholders to overcome any safety and operational challenges. In line with this, Fratelli Cosulich is involved also in some industry studies, like the ammonia bunker safety study led by the Global Centre for Maritime Decarbonization (GCMD). Fratelli Cosulich is delighted to work with CIMC Sinopacific Offshore & Engineering on this project, to start new joint cooperation, after the one for the two LNG bunkering vessels, that are under construction in the same shipyard. The yard experience will be very important for this forward-looking project.
Image Credit: SeaTech