Fesco orders another feeder

Fesco in Russia has ordered another 1,730TEU container vessel for delivery in April 2008 from Stocznia Szczecinska Nowa in Poland which is already building two similar feeders for the same owner. The price of the newly ordered ship is $30.5 million which is higher than the first two due to different payment condition and world steel price increase. The first vessel will be delivered in December 2007 and second in February 2008.