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2014 January 10   12:04

Samsung Heavy Industries wins order for five 14,400TEU container ships worth USD 580 million

On January 8, Samsung Heavy Industries won an order amounting to USD 580 million for five 14,400TEU container ships from a European shipper, the company said in its press release.
The $116.8m price tag per ship suggests the vessels will be around 14,000 teu.
Korean giant secured orders for three 16,000 teu vessels for CMA-CGM last year, as well as 14 vessels of 9,200 - 9,300 teu for various owners. Containerships accounted for 10% of Samsung's $37.5bn backlog at the start of 2014, and 9% of the $13.3bn of new orders secured in 2013.

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