Fratelli Cosulich Group emerged from a turbulent 2025 with profitability largely intact, while continuing to put capital into ships designed for a changing marine fuels market. At the center of that strategy is Maya Cosulich, the first of a new generation of bunker tankers that the Italian group sees as both an investment in fleet renewal and a practical response to shipping’s energy transition.
BRIX Marine has delivered It's About Time, a custom-built 4818-HTC Offshore passenger catamaran from the company's PaxCat lineup, built for FunToSee Island Ferry of Castries, St. Lucia. This marks the second vessel BRIX Marine has built for FunToSee Island, continuing a growing partnership between the two companies.FunToSee Island operates St.
Two months after the launch of the first vessel in this new series, Lucia Cosulich took to the water on May 2, 2026, marking another step forward in Fratelli Cosulich’s Marine Energy Unit commitment to alternative marine fuels and sustainable bunkering solutions.Held at Taizhou Maple Leaf Shipyard (China), the ceremony brought together the project team
Trading houses and buyers of Venezuelan oil have chartered the first very large crude carriers (VLCCs) to export from the South American country since a Caracas-Washington supply deal began, which is set to speed up shipments starting in March while boosting deliveries to India, according to four sources and data.
Venezuelan oil exports under a flagship $2 billion supply deal with the U.S. reached about 7.8 million barrels on Wednesday, vessel-tracking data and documents from state-run PDVSA showed, with shipments accelerating after the U.S. eased its blockade but not enough for PDVSA to fully reverse output cuts.Following the U.S.