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Fratelli Cosulich launches second LNG bunkering vessel “Paolina Cosulich” at Chinese shipyard

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Christening and launch took place at CIMC SOE shipyard in China; the 5,300 DWT vessel can carry 8,200 m3 of LNG and 500 m3 of MGO and will be fitted with Wartsila's dual fuel technology.
Paolina Cosulich Christening 20230627 004

Genoa-based international shipping, shipments and logistics company Fratelli Cosulich Group on Tuesday (27 June) announced the christening and launch of its second small-scale LNG bunkering vessel Paolina Cosulich. 

The event took place on 26 June at the CIMC SOE shipyard in China.

It was attended by Diana Mok – Managing Director at Fratelli Cosulich Bunkers (S) Pte Ltd, acting as the godmother of the vessel. Together with her, other colleagues of the Group attended the event, including Fratelli Cosulich LNG General Manager, Construction Site Manager and site construction team. 

Paolina Cosulich Christening 20230627 004

The ship will sail under the Italian flag with Captain Vincenzo Scotto, who also attended the christening, at the helm. The delivery of the vessel is scheduled for Q1 2024.

The 5,300 DWT vessel can carry 8,200 cubic metres (m3) of LNG and 500 (m3) of MGO and will be fitted with Wartsila’s Dual Fuel technology, which is used in many marine propulsion and power production systems. The most efficient ‘boil off’ management techniques will be offered by the LNG subcooling plant, completely eliminating any potential environmental effects and minimising cargo losses.

The propulsion and manoeuvring system will be of the azimuth type, with a double bow thruster, to allow high manoeuvrability in port areas. It will be operated by both onshore and offshore personnel with extensive LNG vessel management skills.

“The investment was carried out thanks to a collaboration between public and private financial institutions, including Crédit Agricole, BPM, UNICREDIT and Cassa Depositi e Prestiti and with the contribution of SACE which recognized the strategic importance of this project for the Italian economy,” the firm said. 

Paolina Cosulich Christening 20230627 001

As the project is contributing to the decarbonisation of maritime transport through the implementation of LNG bunkering solutions in the Mediterranean Sea, it has been awarded a grant of EUR 4 million (USD 4.4 million) by the European Union under the Connecting Europe Facility (CEF) programme, with Cassa Depositi e Prestiti acting as the European Commission’s “implementing partner”.

Manifold Times previously reported Fratelli Cosulich Group launching and christening the first LNG bunkering vessel Alice Cosulich in March at the CIMC SOE shipyard in China.

Later, the company announced it signed a long-term time charter agreement with Titan for Alice Cosulich.

Related: Fratelli Cosulich launches LNG bunker vessel “Alice Cosulich” in China
Related: Fratelli Cosulich charters LNG bunker vessel “Alice Cosulich” to Titan

 

Photo credit: Fratelli Cosulich Group
Published: 28 June, 2023

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