World News
Fratelli Cosulich to Help Design Ammonia Bunker Tanker
Marine fuels firm Fratelli Cosulich is set to join a group working on the design for an ammonia bunker delivery vessel.
The firm is working with RINA and SeaTech Solutions on the project, it said in a press release on Tuesday. SeaTech will focus on the vessel concept, RINA will verify compliance with rules around the safe handling of ammonia and Fratelli Cosulich will provide operational data to test the design's suitability for commercial operations.
"Ammonia will play a fundamental role in reducing shipping emissions, and we believe it is our responsibility to make shipping increasingly respectful of the environment, in the interest of future generations," Guido Cardullo, head of business development at Fratelli Cosulich, said in the statement.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.00 | 8.50 | 779.00 | 29.50 |
| Rotterdam | 608.00 | 11.00 | 764.50 | 24.50 |
| Houston | 636.50 | 8.00 | 807.50 | 5.00 |
| Fujairah | 649.50 | 4.00 | 888.50 | 11.50 |
| Global 20 Ports Average | 665.50 | 6.50 | 870.50 | 14.50 |
| Global 4 Ports Average | 635.50 | 3.50 | 810.00 | 17.50 |
| Global Average Bunker Price | 725.00 | 2.50 | 925.50 | 8.00 |
Popular Now More
-
Apr 19The firm has chartered the 7,994 DWT barge Margherita to add to the operation, operated by Fratelli Cosulich. -
Apr 18Singapore's authorities are in the process of developing a regulatory framework for a methanol bunkering licence, and plan to call for applications for the licence by the end of this year. -
Apr 19The company is looking for candidates with proven experience in bunker trading and demonstrated leadership experience.