Titan fuel supplier has signed a long-term time charter agreement with Fratelli Cosulich for a new 8,200Cbm capacity liquefied natural gas (LNG) bunker vessel, Alice Cosulich.
Alice Cosulich will join Titan’s fleet in the fourth quarter of this year and will operate in Europe. The vessel has an LNG and liquified biomethane (LBM) bunkering capacity of 8,200 m3, as well as smaller parcels of biodiesel going forward.
According to Michael Schaap, Commercial Director Marine at Titan, this agreement allows the companies to collaborate closely as the Alice Cosulich will further enhance our LNG and LBM bunkering capabilities in the fast-growing European market.
We believe in a multi-fuel future, and – thanks to our team’s specialist expertise – we will supply other clean fuels when they become feasible.
… said Michael Schaap, Commercial Director Marine at Titan
He believes that Titan’s LNG supply infrastructure allows the shipping industry to start delivering on decarbonization as both LNG and LBM are available today and enable ship operators to reduce emissions straight away.
Our collaboration with Titan exemplifies our strong belief in forming partnerships to deliver innovative solutions that will effectively reduce our carbon footprint globally in a sustainable manner. We look forward to the arrival of Alice’s twin in the first quarter of 2024.
… added Timothy Cosulich, CEO of Fratelli Cosulich Group
