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Coscol makes Yamal delivery

August 1 - Coscol's semi-submersible vessel, Xia Zhi Yuan, has shipped four LNG modules from China's Port of Tianjin to the Port of Sabetta in Russia for the Yamal LNG project. Xia Zhi Yuan is the second Chinese cargo ship to sail via the Northeast Passage from China to Europe. The first Chinese vessel to make the trip - Coscol's multipurpose ship Yong Sheng - made its third voyage via the Northern Sea Route in July, transporting wind turbine blades from China to the UK. http://www.heavyliftpfi.com/news/coscol-makes-yamal-delivery.html

COSCOL Vessel Arrested in Singapore

The COSCO Shipping Company Limited (COSCOL) heavy lift ship, M/V Xia Zhi Yuan 6, Wednesday was arrested in Singapore at 8:45pm local time, according to records from the Supreme Court of Singapore. The arrest follows an action by Singapore's Wong Partnership LLP. Wong Partnership told Ship & Bunker it was currently unable elaborate on the nature of the dispute, however such action is typical in instances of payment dispute such as those involving unpaid bunkers. The 38,000 dwt vessel was built in 2012 by Zhejiang Peninsula Ship Industry Co, China. http://shipandbunker.com/news/apac/310960-coscol-vessel-arrested-in-singapore

Final Shipment of Gates for Expanded Panama Canal Delivered

The expansion of the Panama Canal reached a significant milestone Wednesday with the arrival of the final shipment of gates for the new locks. “Today is an historic day for the Panama and the Canal,” said Panama’s President Juan Carlos Varela during a brief ceremony commemorating the arrival of the gates. “We are now in the homestretch to complete the Expansion.” “This is a major milestone for the Panama Canal Expansion since we now have all 16 rolling gates in Panama to be installed in the new locks,” said Panama Canal Administrator Jorge L. Quijano. “With this Expansion, the Panama Canal will remain competitive, opening new markets and possibilities for international trade through the waterway.” The four gates arrived on board the Post-Panamax vessel, MV Xia Zhi Yuan 6, owned by COSCO Ocean Shipping, after a 25-day voyage from the Port of Trieste in Italy. The four gates arrived to the temporary dock located in the Atlantic side, and are expected to be moved into place at the new lock complexes by the end of the year. The final shipment included two gates to be used in the Atlantic and two in the Pacific.