Fratelli Cosulich Marine Energy and IINO Lines sign MoU to explore opportunities in alternative fuels including methanol, LNG, and ammonia—advancing sustainable shipping.
Singapore, 5th June 2025, In a significant move toward maritime decarbonization, Fratelli Cosulich Marine Energy (FC Marine Energy) and IINO Lines have entered into a strategic cooperation agreement that signals a strengthened partnership between two longstanding maritime powerhouses. The signing of a Memorandum of Understanding (MoU) marks a pivotal moment in their shared vision for a more sustainable future in global shipping.
Focus on Methanol, LNG, and Ammonia Bunkering
This newly inked agreement sets the foundation for deep collaboration in the alternative marine fuels sector, with a specific focus on methanol, LNG, and ammonia bunkering. As global regulatory pressures mount and environmental concerns intensify, the move demonstrates the companies’ proactive approach to accelerating the maritime industry’s transition to cleaner energy sources.
Joint Initiatives and Market Collaboration
Under the terms of the MoU, both FC Marine Energy and IINO Lines will jointly explore new business opportunities in the alternative fuels domain. The scope of collaboration includes sharing market intelligence, facilitating strategic dialogues with potential suppliers, and driving coordinated initiatives that enhance both companies’ positioning in the alternative bunker fuel value chain.
“We are proud to announce the partnership with Fratelli Cosulich for initiatives in alternative marine fuels. Both companies have extensive history in the shipping industry,” said Yusuke Otani, President of IINO Lines. “The joint development will enable a holistic approach for building a supply chain of alternative marine fuels.”
Reinforcing a Longstanding Relationship
This collaboration builds upon a longstanding relationship between the two companies, elevating it to a strategic level that aligns with the evolving dynamics of marine energy and global emissions targets. The agreement is seen as a response to the growing demand for innovative, sustainable, and scalable bunker fuel solutions.
“As we navigate the energy transition, partnerships like the one we announce today with IINO Lines are essential in shaping the future of sustainable shipping,” added Timothy Cosulich, CEO of Fratelli Cosulich Group. “By combining our expertise and resources, we aim to drive the adoption of cleaner marine fuels and contribute to the decarbonization of global shipping.”
Supporting Global Emission Reduction Goals
With the shipping sector accounting for nearly 3% of global greenhouse gas emissions, both companies recognize the urgency of transitioning away from conventional marine fuels. Through this collaboration, IINO Lines and FC Marine Energy signal not just a shared commitment to sustainability but also a strong ambition to lead the charge within the alternative bunkering space.
About IINO Lines
Founded in 1899 and headquartered in Tokyo, IINO Lines is a leading international shipping company with a diversified fleet and a global operational footprint. With offices in Shanghai, Singapore, Dubai, London, and Houston, the company specializes in the transport of natural energy resources and related products, including crude oil, LNG, LPG, petrochemicals, and bulk cargoes.
As of March 31, 2025, IINO Lines owns and operates 87 vessels, comprising:
- 4 VLCCs
- 33 Chemical Tankers
- 19 Dry Bulk Carriers
- 7 Large Gas Carriers
- 24 Small Gas Carriers
IINO Lines continues to innovate in vessel operations and has integrated sustainability into the core of its fleet strategy.
About Fratelli Cosulich Marine Energy
Fratelli Cosulich Marine Energy is the marine energy division of the Fratelli Cosulich Group, boasting over 50 years of experience in the global bunkering market. With a footprint spanning 12 countries, the company has cemented its reputation in bunker trading, ship management, and physical supply operations.
Strategically operating in key maritime hubs such as Singapore and Genoa, the company manages a modern and forward-looking fleet, including LNG-fueled and methanol-ready vessels. FC Marine Energy is also at the forefront of biofuel supply, offering ISCC-certified products, and continues to invest in next-generation vessels to support the maritime industry’s low-carbon transition.
In line with its Asian growth strategy, the company recently opened an office in Seoul, reinforcing its dedication to innovation, sustainability, and close partnerships within the regional shipping community.
Source Fratelli Cosulich