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2011 August 24   08:04

Daewoo Shipbuilding wins ship order from Hyundai Merchant

South Korea's Daewoo Shipbuilding and Marine Engineering has won a deal to build 5 container vessels for Hyundai Merchant Marine , the firms said on Tuesday, Reuters reports. Hyundai said in a statement that the five 13,100 twenty-foot equivalent unit (TEU) vessels would sail Asia-Europe routes.
Hyundai said in early August that it would spend $639 million in adding the five ships.

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