Italy´s shipowner Fratelli Cosulich Group, fully controlled by the Cosulich family, announced the passing of its former chairman, Captain Antonio Cosulich.
The funeral of one of the most famous names in the sector conducted on Monday 6 November in Genoa.
He joined the Italian group in the late 1960s. At the time, the Group solely served as an agency, catering, and manning provider for shipowners.
Antonio’s leadership extended the company´s horizons by introducing bunker trading activities to its portfolio.
Fratelli Cosulich is a diversified multinational Group, fully owned by the Cosulich family, currently being led by the sixth generation. The Group started in 1857 as a shipowner and today operates out of 15 countries. Its main activities include, among others, ship agency, marine fuel trading / broking / physical supply, manning, catering, yacht services, and freight-forwarding.
“The loss of Capt. Antonio Cosulich is immeasurable, and our thoughts and prayers are with his family during this difficult time,” the company wrote in a posting to friends and customers.
“His legacy is now carried on by all the board members, including his brother honorary chairman, Andrea, and his daughter Marta serving as CEO. Matteo, Tomaso, and Stefano, joined the group and board under his wing. Augusto, who has succeeded him as chairman with his son Timothy, who currently serves as the chair of IBIA, also continues to uphold his vision and values.”
The company writes that “Antonio was not just a remarkable businessman; he was a great leader and a cherished mentor to many. His ability to instill our Group’s values of internal communication, team building, and customer-focused approach is still remembered. It is important to underline that our Group IT and digital-related processes for the shipping and logistics industries started some 30 years ago, thanks to his foresight.”
His leadership also extended far beyond the company. He served as the second-ever Chair of the newly constituted IBIA, the International Bunker Industry Association, one of the most influential institutions in the field.
“We will honor his memory by continuing to build upon the foundation he laid for our Group, upholding the values and principles that he held dear,” the company concludes.
“Captain Antonio Cosulich’s spirit will forever be a guiding light for our organization, inspiring us to reach greater heights as a team, as a family.”