Legal

MOL orders high efficiency Cape-size bulker

Mitsui O.S.K. Lines, Ltd. (MOL) has ordered a 209,000 dwt cape-size bulker at Universal Shipbuilding Corporation. Slated for completion in late 2014, the ship will incorporate key technologies from MOL’s next-generation ISHIN-III

Pirates hijack Italian-owned tanker

Italian shipowner Marnavi confirmed yesterday that its tanker Enrico Ievoli had been hijacked in position 18.3N – 57.6E. Marnavi said the M/T Enrico Ievoli was hijacked offshorethe Oman coastline while it was