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Marine Log

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.