Largest Container Ships Help Hyundai Heavy Crack China: Freight
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Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s biggest container carrier.
China Shipping Container Lines Co. this week said it chose Hyundai Heavy to construct five vessels that can each carry 18,400 20-foot boxes. The world’s biggest yard, which has already won orders for five 14,000-box vessels this year, beat Chinese builders for the $683 million contract.