Maersk Orders $ 1.1 Billion Boxships From Hyundai

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Nine 14,000 TEU boxships have been ordered by Maersk Line from Hyundai Heavy Industries.  This deal is worth $ 1.1 billion. 

Mr Soren Toft, COO Maersk and Mr Sam H. Ka of Hyundai Heavy Industries signed the agreement at Copenhagen, the headquarters of Maersk.

Maersk has announced $ 15 billion to upgrade its box fleet.  Hyundai has delivered more than 50 boxships to Maersk Line including 22 WAFMAX 4,500 TUE ships, since 2002.