Fratelli Cosulich Develops Bunker Chain
Fratelli Cosulich has taken a further step in its strategy to become a fully fledged physical bunker supplier controlling the whole chain by taking delivery of the third of its new high capacity bunker tankers. The 6,500 dwt Emma Cosulich was delivered last week from China's Sopo shipyard at Zhengjiang and follows two similar vessels, the Maria Cosulich and the Teresa Cosulich, which are currently operating in the port of Singapore as bunker barges. Investment in the barges was the first step in extending control of the bunker chain. Currently Fratelli Cosulich is negotiating storage facilities in Singapore and plans to buy full cargoes of bunker fuel from Middle East producers.
Great Ship - Maria Desgagnes
Constructed in China at the Qiu Xin Shipyard in Shanghai, Maria Desgagnes is a state-of-the-art double-hulled, ice class 1A, type 2 oil and chemical tanker, which is able to transport 12 different types of cargo at once. Featuring a total capacity of 15,570 cu. m., the vessel measures 394 x 69 ft. (120 x 21 m) requiring an investment of more than $35 million. The vessel is chartered by Petro-Nav, a subsidiary introduced by Groupe Desgagnes in 1996 with two other shareholders - Nicolas Gravino and Richard P. Carson - to develop the bulk liquid transport side of the business. The tanker joins two others in the fleet - Thalassa Desgagnes and Petrolia Desgagnes, as well as Rigel Shipping Canada tankers for which Petro-Nav has signed a long term charter agreement.
