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| Report: UASC in HHI talks to build seventeen 14,000- to 18,000-TEUers |
| Jun.08--HYUNDAI Heavy Industries (HHI) is reportedly ready to close to a deal for more than US$2 billion to start building seventeen 14,000- to 18,000-TEU ships for the United Arab Shipping Company (UASC) with deliveries set from early 2015. London's Trade Winds reports that well-placed sources say UASC has signed a letter of intent for the vessels with South Korea's HHI. They say UASC will book five firm vessels of 14,000 TEU, with six options attached, and five firm 18,000-TEU units plus one option, said the report. "HHI fought off compatriot shipyards to win the UASC newbuildings as it was able to offer early delivery slots to the owner," said one market source. Last month, Trade Winds reported that UASC completed its shortlist of yards with Samsung Heavy Industries (SHI) and DSME in the running for the 18,000-TEU vessels, while Hanjin Heavy Industries, as well Chinese and Japanese shipyards sought orders for the 14,000-TEUers. (Source:shippingazette) |
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