Fratelli Cosulich marine fuels chief executive Timothy Cosulich has been elected as the new chairman of the International Bunker Industry Association (IBIA).
The Italian shipping company said the current vice chairman will take over from Bunker Holding’s senior director Henrik Zederkof on 1 April.
He will serve a one-year term.
The move marks a second generation of the Cosulich family in the chair.
