1.- UASC- KOREA´S HYUNDAI HEAVY INDUSTRIES AGREEMENT FOR
MEGA-CONTAINER SHIPS
UASC and Korea´s Hyundai Heavy Industries have signed
an agreement for a new 18.000TEU vessels bringing the total order to 17 ships,
including 11 14.000TEU and 6 18.000TEU. These vessels and UASC's enhanced
partnership agreements enable the Company to improve its competitiveness in the
key trade lane between Asia and Europe where the 18,000 TEU vessels will be
deployed.
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