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Fratelli Cosulich orders USD 45 million LNG bunkering vessel for Mediterranean Sea ops

5,300 dwt vessel, which will be built at the CIMC SOE shipyard in China, will be able to transport over 8,000 m3 of LNG and 500 m3 of MGO for bunkering.
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Fratelli Cosulich LNG MT

Genoa-based international shipping, shipments and logistics company Fratelli Cosulich Group on Monday (10 May) officially placed an order for the construction of its first liquefied natural gas (LNG) Bunkering Vessel.

The 5,300 dwt vessel, which will be built at the CIMC SOE shipyard in China, will be able to transport over 8,000 m3 of LNG and 500 m3 of MGO for bunkering. It will be managed by Fratelli Cosulich LNG S.r.l. with delivery expected in the summer of 2023.

The total value of the investment for the construction of the vessel is approximately USD 45 million, according to the Fratelli Cosulich Group.

It is the result of the equity made available by the Group, as well as support received from a pool of financial institutions composed of BPER Banca, Banca Popolare di Sondrio, Cassa Depositie Prestiti, as well as the insurance coverage provided by SACE Simest with “Garanzia Green”.

As the project is contributing to the decarbonisation of maritime transport by deploying LNG bunkering solutions in the Mediterranean Sea, it may be also awarded a grant of €4.5 million by the European Union under the Connecting Europe Facility (CEF) programme, of which the Cassa Depositie Prestiti is “implementing partner” for the European Commission of these important projects.

PwC advised Fratelli Cosulich during the process of applying for the CEF blending call facility 2019.

“We established Fratelli Cosulich LNG with the aim of reaffirming the leadership and entrepreneurship that the Group has always shown in our business field,” said Honorary President of the Group, Ing. Andrea Cosulich.

“It is our responsibility to make shipping increasingly respectful of the environment, in the interest of future generations.

“We acted proactively, in order to offer the coverage of the Mediterranean basin, following the trend that sees new ships under construction equipped with alternative propulsion, especially in the field of passenger ships.

“Our Group will be ready to offer its services with cutting-edge solutions and in line with the evolution of technology itself.”

The cargo management system of the LNG bunkering newbuild will be designed and built by Wartsila Gas System and will be equipped with both quantitative and qualitative LNG and GN (Natural Gas) fiscal measurement systems, as well as with an LNG sub-cooling system.

This will make it possible to have the most effective Boil Off Gas Management technologies, with the consequent elimination of potential environmental impacts and reduction of load losses.

The propulsion and manoeuvring system will be azimuth type, with double bow thruster, such as to allow high manoeuvrability in port areas and will be managed by onshore and offshore personnel with extensive skills in the ship management and LNG sector. The unit will also comply with majors’ safety standards in the industry.

 

Photo credit: Fratelli Cosulich Group
Published: 10 May, 2021

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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July 21, 2026

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.
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July 21, 2026

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.
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July 21, 2026

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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