UASC signs USD 2.5 bln deal with Hyundai

Dubai-based United Arab Shipping Co (UASC) expands its fleet massively ordering ten giant container ships with Hyundai Heavy Industries worth USD 2.5 bln.

UASC has signed a USD 2.5 bln deal(including options) with Hyundai Heavy Industries ordering ten ultra large container carriers according to ShippingWatch sources. The huge order consists of five 18.800 TEU vessels and five 14.500 TEU vessels. Also, options for one 18.800 TEU and six 14.500 TEU carriers are included in the deal.......

 

BY OLE ANDERSEN AND TOMAS KRISTIANSEN
Published 30.08.13 at 07:49