Hapag-Lloyd ordered four container ships of 13,200 20-foot equivalent units capacity from Hyundai Heavy Industries. The ocean carrier also upgraded an earlier order for six 8,750-TEU ships from the Korean shipyard to the larger size.
The 10 vessels, scheduled for delivery between mid-2012 and the end of 2013, will be deployed on Asia-Europe routes operated with the German carrier's Grand Alliance partners OOCL and NYK.
Hyundai said the 10 ship order is worth $1.45 billion, making it Hapag-Lloyd's largest contract.
The Journal of Commerce Online
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