Fratelli Cosulich Group and PETCO Trading Labuan Company Limited (PTLCL) signed a charter agreement for Paolina Cosulich

We are proud to have recently signed a two years charter agreement with PETCO Trading Labuan Company Ltd (PTLCL) for Paolina Cosulich, our latest LNG bunker barge.

Paolina Cosulich features a cargo capacity of 8,200 m3 of LNG, making it the ideal vessel for bunkering and complex operations, such as cooldowns and gas-ups of various vessel types. In addition to LNG, this bunker barge can provide 500 metric tons of Marine Gas Oil (MGO), providing flexibility to accommodate different fuel requirements. 

Operating under PTLCL, the trading arm of PETRONAS - a global Malaysian energy company -, and a global energy solutions provider with a network in key bunker hubs in Southeast Asia, Japan, Middle East and South Africa, Paolina Cosulich will cater to the increasing demand for LNG as bunker fuel in the Straits.

“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”, states Guido Cardullo, our Marine Energy Head of Business Development. 

This agreement between our Group and PTLCL emphasizes the mutual commitment to promote sustainable practices in the maritime industry, by driving the adoption of LNG as a cleaner alternative to traditional marine fuels.