January 25, 2007
Daewoo Mangalia books $500 million order
Daewoo Shipbuilding and Marine Engineering Co. has won a $500 million order to build five 4,710 TEU containerships for Germany's Hamburg Sud.
The ships will have a length of 309 m, beam of 40 m and a depth of 24.2 m with a 22.7 knot service speed.
The vessels will be built at Daewoo Mangalia Heavy Industries, Romania, for delivery by 2010.