Hyundai Merchant Marine said on Wednesday that it planned to order five new container ships worth a total of 695 billion won ($638.7 million), Reuters reported.
Hyundai said in a regulatory filing that the addition of the five 13,100 twenty-foot equivalent unit (TEU) vessels would help improve the competitiveness of its line-up.
Local media reported the order had been placed with Daewoo Shipbuilding & Marine Engineering.
Hyundai said in a regulatory filing that the addition of the five 13,100 twenty-foot equivalent unit (TEU) vessels would help improve the competitiveness of its line-up.
Local media reported the order had been placed with Daewoo Shipbuilding & Marine Engineering.