Japan’s Mitsui OSK Lines (MOL) has ordered two very large gas carriers (VLGCs) from Hanwha Ocean and HD Hyundai Heavy Industries in South Korea for delivery in the second half of 2027. The LPG dual-fuel newbuilds at Hanwha Ocean cost $118.5m each, while those at HD Hyundai Heavy are priced at $121m each. MOL is expanding its LPG and liquefied ammonia gas fleet to meet the increasing imports in Japan, with potential for more orders in the future.
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Myanmar military defends Bhamo with bombing blitz, residents say
Myanmar’s ruling military faces challenges in defending a northern town against ethnic minority insurgents, with heavy airstrikes and civilian casualties reported. China, a key ally, is working to broker a truce between the junta and rebels in efforts to stop the violence. In the west, Arakan Army insurgents surround a military base in Rakhine state, while in the east, the Karen National Union recaptures their headquarters at Manerplaw after 30 years. Full Article
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