Mitsui O.S.K. Lines (MOL) and COSCO Shipping have confirmed ownership of YAMAL LNG carriers. LNG vessels are intended for the Yamal LNG Project, but there were not many details given. The total number of vessels will be increased to 17 in 2020.
Korea Lines Corporation has ordered two bulkers and the company would be paying USD 164 million. According to Yonhap, Hyundai Heavy Industries will construct the two vessels and deliver them to a new owner in 2020.
The Hudong-Zhonghua Shipbuilding Group delivered to its owners the Pan Asia LNG carrier. The ship is owned by the China National Offshore Oil Corporation. The Pan America, Pan Europe and Pan Africa vessels are currently under construction and are expected to be completed in 2018 and 2019.
A tanker anchor pierced an old unexploded device and dragged it all the way to Portland. Members of the Royal Navy were dispatched to evacuate the tanker's crewmembers and release the torpedo.
The torpedo was found in an extremely corroded state and it originates from the 1980s.