Title XI Funding
Should Congress fund the Title XI program in FY2007?

Yes
No

Marine Log

May 7, 2007

$1.28 billion containership order

Samsung Heavy Industries Co. (KSE:010140) today issued a disclosure saying it has received a $1.28 billion order to build "eight oversized containerships" for a "ship buyer in Europe."

The vessels will be delivered by 2011, the company said in a regulatory filing.

It is understood the order is for eight 12,600 TEU containerships and has been placed by Germany's Peter Doehle.

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